ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.41 per $10,000 · paid last 24h −0.012%

Price spread now: Bybit against Gate−0.117%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$540.539% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.034%+$3 on $10k

Price spread, last 7 days+0.080%+$8 · spread now −0.117%, 7d avg −0.019%

Together, before fees+0.114%+$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.098% cheaper against Gate than usual: you would sell low and buy high (spread −0.117% now, against its 7-day average of −0.019%). If the spread goes back, that is −$10 on $10k: about 8.0 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.034% in total) that is about 20 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ARB_USDT	0.2214	−0.0079	get 0.0079% / 8h	6h 11m	$5.4M	$19.9M	60x
Short	Bybit ARBUSDT	0.2212	−0.0038	pay 0.0038% / 8h	6h 11m	$56.5M	$128.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee BybitbpOrdersPrice spread, now −0.117%Rate

Funding earned: $8.56
Price spread: −0.117% → −0.019%: −$9.8
Slippage, 4 orders: −$27.89
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$55.13
Costs to cover: 0.539%
Break-even: 52.1 days

Slippage from Gate: live order book, 3 min ago; Bybit: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 3 min ago	2.03 bp	16.1 bp −$16	25.8 bp −$258	113.9 bp −$11.4K	doesn't fit
Sell Bybit live order book, 3 min ago	0.23 bp	9.1 bp −$9	21.3 bp −$213	48.7 bp −$4,867	doesn't fit

ARB on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ARB/USDC PERP	−0.1692%	1h	0.2202	−0.560%	$40K	$372K	12x	as long as short
SoDEX ARB-USD	−0.0260%	1h	0.2215	+0.005%	$10K	$2.5M	5x	as long as short
01 Exchange ARBUSD	−0.0224%	1h	0.2215	+0.041%	$7K	$2K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0201%	1h	0.2215	+0.027%	$24K	$34K	25x	as long as short
Variational Omni ARB	−0.0157%	8h	0.2213	−0.047%	$1.9M	$2.9M	—	as long as short
OKX ARB-USDT-SWAP	−0.0126%	8h	0.2211	−0.163%	$22.4M	$155.9M	50x	as long as short
MEXC ARB_USDT	−0.0126%	8h	0.2214	−0.036%	$39.1M	$60.2M	200x	as long as short
Gate ARB_USDTlong	−0.0079%	8h	0.2214	long leg	$5.4M	$19.9M	60x
Orderly PERP_ARB_USDC	−0.0068%	8h	0.2215	+0.027%	$12K	$384K	10x	as long as short
Bybit ARBUSDTshort	−0.0038%	8h	0.2212	−0.117%	$56.5M	$128.5M	50x

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ARBUSDT	−0.0003%	8h	0.2213	−0.051%	$64.4M	$316.8M	75x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2217	+0.099%	$66K	$5K	10x	as long as short
Extended ARB-USD	0.0000%	1h	0.2213	−0.041%	$352K	$2.5M	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0011%	1h	0.2215	+0.014%	$10K	—	150x	as long as short
ApeX Omni ARBUSDT	+0.0064%	1h	0.2213	−0.063%	$119K	$286K	50x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2215	+0.050%	$141K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2215	+0.014%	$1.2M	$7.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2215	+0.050%	$38.6M	$51.8M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2215	+0.013%	$659K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2215	+0.035%	$42K	$184K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2216	+0.054%	$19.6M	$15.7M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	0.2212	−0.108%	$21.2M	$36.4M	50x	as long as short
BingX ARB-USDC	+0.0100%	8h	0.2214	−0.005%	—	$6.5M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2214	−0.003%	$40K	$464K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2213	−0.064%	$481K	$3.7M	10x	as long as short
Polymarket Perps ARB-USD	+0.0100%	1h	0.2216	+0.072%	$87K	$2.1M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2216	+0.072%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2215	+0.027%	$297K	$996K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2214	−0.018%	$5.0M	$13.0M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0240%	1h	0.2222	+0.343%	$508K	$2.1M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2215	+0.007%	$827K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2215	+0.030%	$2K	$695	20x	as long as short
Kraken Futures PF_ARBUSD	+0.0312%	1h	0.2216	+0.072%	$1.1M	$4.7M	50x	as long as short
RISEx ARB/USDC	+0.0466%	1h	0.2217	+0.112%	$481K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0534%	1h	0.2218	+0.158%	$1.0M	$2.9M	20x	as long as short