Funding you earn now, next payment 00:00 UTC−0.0134%/8h= −14.7% APRpaid last 24h −0.034%
Price spread now: SoDEX against Gate+0.004%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$530.530% of the position
Funding, last 3 days (all we have)−0.038%−$4 on $10k
+Price spread, last 3 days (all we have)+0.802%+$80 · spread now +0.004%, 7d avg +0.010%
=The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARB_USDT | 0.2270 | 0.0035 | pay 0.0035% / 8h | 54m 57s | $5.5M | $19.9M | 60x |
| Short | SoDEX ARB-USD | 0.2270 | −0.0099 | pay 0.0012% / 1h | 54m 57s | $4K | $2.7M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$28.11
- Price spread: +0.004% → +0.010%
- −$0.54
- Slippage, 4 orders
- −$29.99
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$81.64
- Costs to cover
- 0.530%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; SoDEX: live order book, 4 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 | 0.66 bp | 21.9 bp −$22 | 38.0 bp −$380 | 96.1 bp −$9,607 | doesn't fit |
| Sell SoDEX live order book, 4 min ago | 0.22 bp | 5.3 bp −$5 | 20.9 bp −$209 | 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 | −0.1785% | 1h | 0.2257 | −0.560% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0215% | 1h | 0.2270 | −0.004% | $77K | $2.0M | 10x | as long as short |
| 01 Exchange ARBUSD | −0.0200% | 1h | 0.2270 | +0.018% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0179% | 8h | 0.2263 | −0.293% | $1.9M | $2.7M | — | as long as short |
| Bybit ARBUSDT | −0.0161% | 8h | 0.2269 | −0.031% | $58.6M | $129.0M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0104% | 8h | 0.2267 | −0.110% | $22.8M | $160.0M | 50x | as long as short |
| MEXC ARB_USDT | −0.0103% | 8h | 0.2269 | −0.044% | $37.9M | $59.0M | 200x | as long as short |
| SoDEX ARB-USDshort | −0.0099% | 1h | 0.2270 | +0.004% | $4K | $2.7M | 5x | |
| Orderly PERP_ARB_USDC | −0.0040% | 8h | 0.2271 | +0.057% | $12K | $397K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2271 | +0.041% | $67K | $4K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ARB-USD | 0.0000% | 1h | 0.2269 | −0.040% | $360K | $2.3M | 25x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2271 | +0.075% | $26K | $32K | 25x | as long as short |
| Binance ARBUSDT | 0.0000% | 8h | 0.2270 | −0.001% | $65.5M | $313.0M | 75x | as long as short |
| BloFin ARB-USDT | +0.0002% | 8h | 0.2270 | +0.004% | $3.1M | $3.3M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2273 | +0.137% | $57K | — | 150x | as long as short |
| Gate ARB_USDTlong | +0.0035% | 8h | 0.2270 | long leg | $5.5M | $19.9M | 60x | |
| Bitget ARBUSDT | +0.0066% | 8h | 0.2270 | +0.013% | $21.5M | $36.7M | 50x | as long as short |
| BingX ARB-USDT | +0.0066% | 8h | 0.2269 | −0.013% | — | $53.4M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2272 | +0.091% | $149K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2272 | +0.097% | $1.4M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2273 | +0.141% | $41.1M | $48.9M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2270 | +0.013% | $706K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2271 | +0.057% | $47K | $193K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2270 | +0.026% | $20.3M | $16.3M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2263 | −0.287% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2264 | −0.251% | $492K | $3.7M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2265 | −0.207% | $122K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2273 | +0.145% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2269 | −0.013% | $284K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2271 | +0.057% | $5.2M | $13.2M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2273 | +0.145% | $512K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0235% | 1h | 0.2272 | +0.081% | $1.2M | $4.9M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2271 | +0.038% | $851K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2269 | −0.050% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2272 | +0.113% | $502K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0502% | 1h | 0.2273 | +0.154% | $894K | $2.8M | 20x | as long as short |
Gate ARB_USDT
SoDEX ARB-USD
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Extended ARB-USD
Deribit ARB_USDC-PERPETUAL
Binance ARBUSDT
BloFin ARB-USDT
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
BingX ARB-USDT
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
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP