Funding you earn now, next payment 00:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.74 per $10,000 · paid last 24h +0.015%
Price spread now: SunX against Gate−0.271%7-day average +0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$235as in the Price arb table
costs, in and out, $10k−$1971.970% of the position
Funding, last 7 days+0.169%+$17 on $10k
+Price spread, last 3 days (all we have)+2.767%+$277 · spread now −0.271%, 7d avg +0.108%
=Funding pays, the price is against you. SunX is 0.378% cheaper against Gate than usual: you would sell low and buy high (spread −0.271% now, against its 7-day average of +0.108%). If the spread goes back, that is −$38 on $10k: about 17 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARB_USDT | 0.2215 | 0.0026 | pay 0.0026% / 8h | 2h 55m | $5.5M | $21.4M | 60x |
| Short | SunX ARB-USDT | 0.2209 | 0.0100 | get 0.0100% / 8h | 2h 55m | $1K | $1.1M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $15.54
- Price spread: −0.271% → +0.108%
- −$37.84
- Slippage, 4 orders
- −$173.97
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$219.28
- Costs to cover
- 1.970%
- Break-even
- 105.8 days
Slippage from Gate: live order book, 4 min ago; SunX: live order book, 8 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 | 2.03 bp | 16.8 bp −$17 | 28.6 bp −$286 | 87.5 bp −$8,755 | doesn't fit |
| Sell SunX live order book, 8 min ago | 31.42 bp | 94.9 bp −$95 | 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 PERP | −0.1675% | 1h | 0.2199 | −0.722% | $40K | $107K | 12x | as long as short |
| ApeX Omni ARBUSDT | −0.0762% | 1h | 0.2207 | −0.361% | $120K | $297K | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0288% | 1h | 0.2207 | −0.366% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0252% | 8h | 0.2215 | +0.005% | $57.7M | $134.8M | 50x | as long as short |
| Variational Omni ARB | −0.0192% | 8h | 0.2210 | −0.242% | $1.9M | $2.8M | — | as long as short |
| Polymarket Perps ARB-USD | −0.0159% | 1h | 0.2213 | −0.086% | $69K | $2.3M | 10x | as long as short |
| SoDEX ARB-USD | −0.0095% | 1h | 0.2215 | −0.014% | $4K | $2.9M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0066% | 8h | 0.2214 | −0.027% | $22.2M | $164.3M | 50x | as long as short |
| MEXC ARB_USDT | −0.0065% | 8h | 0.2215 | +0.014% | $37.4M | $62.9M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0054% | 1h | 0.2218 | +0.113% | $1.1M | $5.2M | 50x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0006% | 8h | 0.2216 | +0.045% | $10K | $380K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2209 | −0.272% | $65K | $4K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2214 | −0.030% | $351K | $2.5M | 25x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2217 | +0.077% | $36K | $18K | 25x | as long as short |
| Binance ARBUSDT | +0.0001% | 8h | 0.2215 | −0.007% | $63.1M | $325.7M | 75x | as long as short |
| BloFin ARB-USDT | +0.0002% | 8h | 0.2215 | +0.023% | $3.0M | $3.2M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2217 | +0.079% | $56K | — | 150x | as long as short |
| Gate ARB_USDTlong | +0.0026% | 8h | 0.2215 | long leg | $5.5M | $21.4M | 60x | |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2217 | +0.095% | $145K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0081% | 8h | 0.2215 | 0.000% | $20.8M | $38.8M | 50x | as long as short |
| BingX ARB-USDT | +0.0083% | 8h | 0.2214 | −0.036% | — | $54.2M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2217 | +0.068% | $1.3M | $7.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2215 | −0.005% | $39.7M | $53.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2213 | −0.113% | $697K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2208 | −0.335% | $46K | $206K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2216 | +0.059% | $20.4M | $17.2M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2213 | −0.100% | $38K | $448K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2213 | −0.086% | $470K | $4.3M | 10x | as long as short |
| SunX ARB-USDTshort | +0.0100% | 8h | 0.2209 | −0.271% | $1K | $1.1M | 30x | |
| HTX ARB-USDT | +0.0100% | 8h | 0.2217 | +0.068% | $273K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2215 | 0.000% | $5.3M | $13.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0166% | 1h | 0.2216 | +0.060% | $807K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2219 | +0.181% | $506K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2213 | −0.110% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0323% | 1h | 0.2219 | +0.176% | $1.1M | $2.8M | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2211 | −0.192% | $485K | $2.9M | 10x | as long as short |
Gate ARB_USDT
SunX ARB-USDT
Injective ARB/USDC PERP
ApeX Omni ARBUSDT
01 Exchange ARBUSD
Bybit ARBUSDT
Variational Omni ARB
Polymarket Perps ARB-USD
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Kraken Futures PF_ARBUSD
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
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP
RISEx ARB/USDC