Funding you earn now, next payment 23:00 UTC−0.0138%/8h= −15.1% APRpaid last 24h −0.030%
Price spread now: Deribit against Gate−0.062%51s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Deribit is 0.062% cheaper against Gate than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARB_USDT | 0.2260 | 0.0034 | pay 0.0034% / 8h | 59m 23s | $5.5M | $19.9M | 60x |
| Short | Deribit ARB_USDC-PERPETUAL | 0.2258 | −0.0104 | pay 0.0013% / 1h | 59m 23s | $26K | $32K | 25x |
Gate ARB_USDT
Deribit ARB_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$28.98
- Price spread: −0.062% → 0.000%
- −$6.19
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$57.17
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 4 min ago; Deribit: no order-book sample. Net counts fees only.
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, 4 min ago | 2.00 bp | 24.2 bp −$24 | 32.0 bp −$320 | 87.8 bp −$8,781 | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ARB on 36 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 | −0.1770% | 1h | 0.2250 | −0.438% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0533% | 1h | 0.2258 | −0.102% | $76K | $2.0M | 10x | as long as short |
| 01 Exchange ARBUSD | −0.0208% | 1h | 0.2254 | −0.252% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USD | −0.0190% | 1h | 0.2257 | −0.142% | $4K | $2.7M | 5x | as long as short |
| Variational Omni ARB | −0.0176% | 8h | 0.2256 | −0.157% | $1.9M | $2.7M | — | as long as short |
| Bybit ARBUSDT | −0.0161% | 8h | 0.2259 | −0.031% | $58.5M | $130.6M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUALshort | −0.0104% | 1h | 0.2258 | −0.062% | $26K | $32K | 25x | |
| MEXC ARB_USDT | −0.0101% | 8h | 0.2259 | −0.053% | $37.4M | $58.9M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0100% | 8h | 0.2259 | −0.058% | $22.7M | $160.0M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0040% | 8h | 0.2259 | −0.040% | $13K | $397K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
01 Exchange ARBUSD
SoDEX ARB-USD
Variational Omni ARB
Bybit ARBUSDT
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2258 | −0.085% | $67K | $4K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2254 | −0.267% | $358K | $2.3M | 25x | as long as short |
| Binance ARBUSDT | +0.0001% | 8h | 0.2259 | −0.035% | $65.0M | $313.8M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2261 | +0.049% | $56K | — | 150x | as long as short |
| Gate ARB_USDTlong | +0.0034% | 8h | 0.2260 | long leg | $5.5M | $19.9M | 60x | |
| Bitget ARBUSDT | +0.0066% | 8h | 0.2257 | −0.128% | $21.4M | $36.8M | 50x | as long as short |
| BingX ARB-USDT | +0.0069% | 8h | 0.2259 | −0.049% | — | $53.3M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2258 | −0.076% | $148K | $12K | 3x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0084% | 1h | 0.2259 | −0.044% | $1.1M | $5.0M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2259 | −0.035% | $1.4M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2262 | +0.075% | $40.4M | $48.5M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2258 | −0.093% | $703K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2258 | −0.096% | $47K | $193K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2258 | −0.071% | $20.8M | $16.2M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2258 | −0.099% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2258 | −0.084% | $491K | $3.7M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2258 | −0.084% | $122K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2260 | +0.004% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2260 | −0.018% | $281K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2258 | −0.084% | $5.2M | $13.2M | 50x | as long as short |
| BloFin ARB-USDT | +0.0120% | 8h | 0.2257 | −0.119% | $3.1M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2260 | +0.004% | $509K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0156% | 1h | 0.2261 | +0.058% | $848K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2258 | −0.104% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2257 | −0.146% | $501K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0627% | 1h | 0.2260 | −0.004% | $891K | $2.8M | 20x | as long as short |
dYdX ARB-USD
Extended ARB-USD
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
Kraken Futures PF_ARBUSD
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP