Funding you earn now, next payment 00:00 UTC+0.0090%/8h= +9.9% APRpaid last 24h +0.015%
Price spread now: edgeX against Gate−0.484%52s7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$810.810% of the position
Funding, last 7 days+0.169%+$17 on $10k
+Price spread, last 3 days (all we have)+0.682%+$68 · spread now −0.484%, 7d avg +0.020%
=Together, before fees+0.850%+ Points / potential airdropedgeX: Active · farm board+$85 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.505% cheaper against Gate than usual: you would sell low and buy high (spread −0.484% now, against its 7-day average of +0.020%). If the spread goes back, that is −$50 on $10k: about 19 days of funding at the current rate (+$3 a day). The two prices were read 52 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 | 0.2229 | 0.0010 | pay 0.0010% / 8h | 1h 54m | $5.5M | $20.6M | 60x |
| Short | edgeX ARBUSDC | 0.2218 | 0.0100 | get 0.0050% / 4h | 1h 54m | $36K | $456K | 20x |
Gate ARB_USDT
edgeX ARBUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $18.9
- Price spread: −0.484% → +0.020%
- −$50.47
- Slippage, 4 orders
- −$57.01
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$112.58
- Costs to cover
- 0.810%
- Break-even
- 48.7 days
Slippage from Gate: live order book, 4 min ago; edgeX: live order book, 29 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, 4 min ago | 3.61 bp | 22.3 bp −$22 | 28.4 bp −$284 | 97.5 bp −$9,752 | doesn't fit |
| Sell edgeX live order book, 29 min ago | 13.39 bp | 19.7 bp −$20 | 105.4 bp −$1,054 | doesn't fit | doesn't fit |
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 | 0.2213 | −0.713% | $40K | $283K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0200% | 1h | 0.2228 | −0.045% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0157% | 8h | 0.2221 | −0.334% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0132% | 8h | 0.2227 | −0.076% | $57.3M | $136.3M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0109% | 8h | 0.2227 | −0.090% | $22.3M | $163.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0108% | 8h | 0.2228 | −0.040% | $36.8M | $62.0M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0023% | 8h | 0.2227 | −0.085% | $10K | $391K | 10x | as long as short |
| Extended ARB-USD | −0.0016% | 1h | 0.2227 | −0.068% | $353K | $2.4M | 25x | as long as short |
| Binance ARBUSDT | −0.0013% | 8h | 0.2228 | −0.058% | $63.4M | $323.6M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2229 | +0.026% | $66K | $4K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDC
Extended ARB-USD
Binance ARBUSDT
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2228 | −0.027% | $26K | $32K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2228 | −0.051% | $55K | — | 150x | as long as short |
| Gate ARB_USDTlong | +0.0010% | 8h | 0.2229 | long leg | $5.5M | $20.6M | 60x | |
| SoDEX ARB-USD | +0.0064% | 1h | 0.2227 | −0.067% | $4K | $2.9M | 5x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2228 | −0.034% | $146K | $12K | 3x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2231 | +0.074% | $1.1M | $5.2M | 50x | as long as short |
| Bitget ARBUSDT | +0.0088% | 8h | 0.2228 | −0.040% | $20.9M | $38.1M | 50x | as long as short |
| BingX ARB-USDT | +0.0089% | 8h | 0.2229 | −0.013% | — | $53.8M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2229 | +0.013% | $1.3M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2230 | +0.072% | $39.8M | $52.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2229 | +0.019% | $692K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2230 | +0.044% | $44K | $200K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2230 | +0.040% | $20.5M | $16.9M | 75x | as long as short |
| edgeX ARBUSDCshort | +0.0100% | 4h | 0.2218 | −0.484% | $36K | $456K | 20x | |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2220 | −0.403% | $477K | $4.0M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2221 | −0.354% | $120K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2227 | −0.085% | $76K | $2.2M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2226 | −0.130% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2228 | −0.063% | $275K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2228 | −0.040% | $5.2M | $13.6M | 50x | as long as short |
| BloFin ARB-USDT | +0.0104% | 8h | 0.2229 | −0.004% | $3.0M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2231 | +0.094% | $506K | $2.5M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2228 | −0.035% | $833K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2227 | −0.108% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2231 | +0.085% | $492K | $2.8M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0722% | 1h | 0.2232 | +0.144% | $1.1M | $2.7M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
SoDEX ARB-USD
Aevo ARB-PERP
Kraken Futures PF_ARBUSD
Bitget ARBUSDT
BingX ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
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