Funding you earn now, next payment 00:00 UTC−0.1798%/8h= −196.8% APRpaid last 24h −0.501%
Price spread now: Injective against Gate−0.457%7-day average −0.403% · you buy dearer than you sell
Net, funding: paid 7d − costs−$485as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1401.401% of the position
Funding, last 7 days−3.444%−$344 on $10k
+Price spread, last 3 days (all we have)+0.758%+$76 · spread now −0.457%, 7d avg −0.403%
=Both sides work against this trade now: funding costs −$54 a day on $10k at the current rate, and Injective is 0.054% cheaper against Gate than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.403%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARB_USDT | 0.2274 | 0.0013 | pay 0.0013% / 8h | 34m 53s | $5.5M | $20.2M | 60x |
| Short | Injective ARB/USDC PERP | 0.2264 | −0.1785 | pay 0.0223% / 1h | 34m 53s | $41K | $372K | 12x |
Gate ARB_USDT
Injective ARB/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$377.49
- Price spread: −0.457% → −0.403%
- −$5.4
- Slippage, 4 orders
- −$125.1
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$523.01
- Costs to cover
- 1.401%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; Injective: live order book, 44 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 | 0.88 bp | 20.9 bp −$21 | 30.8 bp −$308 | 94.2 bp −$9,423 | doesn't fit |
| Sell Injective live order book, 44 min ago | 51.37 bp | 51.4 bp −$51 | doesn't fit | 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 PERPshort | −0.1785% | 1h | 0.2264 | −0.457% | $41K | $372K | 12x | |
| Polymarket Perps ARB-USD | −0.0293% | 1h | 0.2273 | −0.075% | $75K | $2.0M | 10x | as long as short |
| Variational Omni ARB | −0.0182% | 8h | 0.2273 | −0.049% | $2.0M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0162% | 8h | 0.2274 | 0.000% | $58.5M | $128.9M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0152% | 1h | 0.2273 | −0.079% | $7K | $2K | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0109% | 8h | 0.2275 | +0.018% | $23.0M | $160.7M | 50x | as long as short |
| MEXC ARB_USDT | −0.0109% | 8h | 0.2275 | +0.009% | $38.2M | $59.6M | 200x | as long as short |
| SoDEX ARB-USD | −0.0066% | 1h | 0.2272 | −0.092% | $4K | $2.6M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0041% | 8h | 0.2274 | −0.018% | $13K | $395K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0014% | 1h | 0.2274 | −0.031% | $26K | $32K | 25x | as long as short |
Polymarket Perps ARB-USD
Variational Omni ARB
Bybit ARBUSDT
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Orderly PERP_ARB_USDC
Deribit ARB_USDC-PERPETUALShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2274 | −0.008% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2275 | +0.013% | $55K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2274 | −0.012% | $363K | $2.3M | 25x | as long as short |
| Binance ARBUSDT | +0.0010% | 8h | 0.2275 | +0.004% | $66.6M | $314.0M | 75x | as long as short |
| Gate ARB_USDTlong | +0.0013% | 8h | 0.2274 | long leg | $5.5M | $20.2M | 60x | |
| BloFin ARB-USDT | +0.0038% | 8h | 0.2273 | −0.057% | $3.1M | $2.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0067% | 8h | 0.2274 | −0.018% | $21.4M | $36.1M | 50x | as long as short |
| BingX ARB-USDT | +0.0067% | 8h | 0.2275 | +0.004% | — | $53.5M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2275 | +0.011% | $149K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2274 | −0.026% | $1.4M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2275 | +0.013% | $41.4M | $47.3M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2274 | −0.003% | $708K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2274 | −0.005% | $48K | $185K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2273 | −0.040% | $19.8M | $16.2M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2274 | −0.008% | $40K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2275 | +0.010% | $485K | $3.7M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2274 | −0.018% | $123K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2276 | +0.070% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2273 | −0.053% | $290K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2273 | −0.062% | $5.2M | $13.2M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2279 | +0.202% | $513K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0235% | 1h | 0.2274 | −0.033% | $1.2M | $4.9M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2273 | −0.081% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0296% / S −0.0186% | 1h | 0.2275 | +0.012% | $929K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2275 | +0.029% | $503K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0473% | 1h | 0.2276 | +0.053% | $925K | $2.8M | 20x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
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
Coinbase International ARB-PERP-INTX
Kraken Futures PF_ARBUSD
Reya ARBRUSDPERP
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP