Funding you earn now, next payment 08:00 UTC−0.0154%/8h= −16.9% APRnext payment −$1.54 per $10,000 · paid last 24h −0.031%
Price spread now: Orderly against Gate+0.064%7-day average +0.027% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.128%−$13 on $10k
+Price spread, last 3 days (all we have)+0.455%+$46 · spread now +0.064%, 7d avg +0.027%
=The price spread pays, funding is against you. Orderly is 0.037% dearer against Gate than usual: you sell high and buy low (spread +0.064% now, against its 7-day average of +0.027%): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.128% in total) that is about 2.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARB_USDT | 0.2197 | 0.0100 | pay 0.0100% / 8h | 6h 55m | $5.4M | $19.5M | 60x |
| Short | Orderly PERP_ARB_USDC | 0.2198 | −0.0054 | pay 0.0054% / 8h | 6h 55m | $12K | $387K | 10x |
Gate ARB_USDT
Orderly PERP_ARB_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$32.34
- Price spread: +0.064% → +0.027%
- $3.67
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$49.67
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 3 min ago; Orderly: 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, 3 min ago | 3.58 bp | 26.7 bp −$27 | 33.6 bp −$336 | 97.3 bp −$9,727 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.1692% | 1h | 0.2220 | +1.065% | $40K | $372K | 12x | as long as short |
| SoDEX ARB-USD | −0.0224% | 1h | 0.2196 | −0.014% | $10K | $2.5M | 5x | as long as short |
| 01 Exchange ARBUSD | −0.0192% | 1h | 0.2192 | −0.196% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0190% | 8h | 0.2195 | −0.072% | $1.8M | $2.8M | — | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0159% | 1h | 0.2198 | +0.068% | $24K | $34K | 25x | as long as short |
| Polymarket Perps ARB-USD | −0.0152% | 1h | 0.2196 | −0.009% | $69K | $2.0M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0107% | 8h | 0.2198 | +0.055% | $22.2M | $155.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0106% | 8h | 0.2198 | +0.082% | $37.3M | $58.8M | 200x | as long as short |
| Bybit ARBUSDT | −0.0069% | 8h | 0.2197 | +0.014% | $57.1M | $128.6M | 50x | as long as short |
| Orderly PERP_ARB_USDCshort | −0.0054% | 8h | 0.2198 | +0.064% | $12K | $387K | 10x |
Injective ARB/USDC PERP
SoDEX ARB-USD
01 Exchange ARBUSD
Variational Omni ARB
Deribit ARB_USDC-PERPETUAL
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Bybit ARBUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2198 | +0.047% | $65K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0004% | 1h | 0.2198 | +0.084% | $34K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0005% | 8h | 0.2197 | +0.014% | $64.6M | $316.2M | 75x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2196 | −0.006% | $348K | $2.5M | 25x | as long as short |
| BloFin ARB-USDT | +0.0036% | 8h | 0.2223 | +1.179% | $3.2M | $2.8M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2199 | +0.095% | $139K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2196 | −0.014% | $1.3M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2198 | +0.050% | $38.5M | $50.1M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2196 | −0.048% | $685K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2199 | +0.105% | $43K | $186K | 10x | as long as short |
| Gate ARB_USDTlong | +0.0100% | 8h | 0.2197 | long leg | $5.4M | $19.5M | 60x | |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2199 | +0.100% | $19.2M | $15.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2196 | −0.027% | $20.9M | $36.5M | 50x | as long as short |
| BingX ARB-USDT | +0.0100% | 8h | 0.2197 | +0.014% | — | $54.6M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2236 | +1.812% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2238 | +1.885% | $485K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2237 | +1.839% | $121K | $296K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2198 | +0.064% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2197 | +0.018% | $285K | $997K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2195 | −0.073% | $5.0M | $13.0M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0154% / S −0.0012% | 1h | 0.2199 | +0.090% | $840K | — | 150x | as long as short |
| Backpack ARB_USDC_PERP | +0.0159% | 1h | 0.2197 | +0.027% | $994K | $2.9M | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0240% | 1h | 0.2199 | +0.109% | $502K | $2.2M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2196 | −0.040% | $2K | $695 | 20x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0314% | 1h | 0.2198 | +0.067% | $1.1M | $4.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0466% | 1h | 0.2195 | −0.071% | $495K | $2.6M | 10x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDT
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Kraken Futures PF_ARBUSD
RISEx ARB/USDC