Funding you earn now, next payment 23:00 UTC−0.0194%/8h= −21.2% APRnext payment −$0.24 per $10,000 · paid last 24h −0.043%
Price spread now: Aevo against GMX+0.014%7-day average +0.031% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.156%−$16 on $10k
+Price spread, last 3 days (all we have)+0.468%+$47 · spread now +0.014%, 7d avg +0.031%
=The price spread sits at its 7-day average of +0.031%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ARB/USD [ARB-USDC] | 0.2235 | L +0.0274% / S −0.0157% | pay 0.0034% / 1h | 43m 12s | $836K | — | 150x |
| Short | Aevo ARB-PERP | 0.2235 | 0.0080 | get 0.0010% / 1h | 43m 12s | $146K | $12K | 3x |
GMX ARB/USD [ARB-USDC]
Aevo ARB-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against GMX. 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
- −$40.73
- Price spread: +0.014% → +0.031%
- −$1.72
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$70.45
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Aevo: live order book, 40 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell Aevo live order book, 40 min ago | 33.44 bp | 63.9 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
GMX: 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 | −0.1770% | 1h | 0.2223 | −0.523% | $40K | $283K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0232% | 1h | 0.2234 | −0.040% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0157% | 8h | 0.2228 | −0.298% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0136% | 8h | 0.2233 | −0.071% | $57.5M | $135.7M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0102% | 8h | 0.2234 | −0.017% | $22.3M | $163.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0102% | 8h | 0.2234 | −0.017% | $36.5M | $62.2M | 200x | as long as short |
| SoDEX ARB-USD | −0.0068% | 1h | 0.2234 | −0.049% | $4K | $2.8M | 5x | as long as short |
| Polymarket Perps ARB-USD | −0.0056% | 1h | 0.2234 | −0.013% | $76K | $2.2M | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0025% | 8h | 0.2234 | −0.031% | $10K | $394K | 10x | as long as short |
| Binance ARBUSDT | −0.0011% | 8h | 0.2234 | −0.013% | $63.7M | $322.6M | 75x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Polymarket Perps ARB-USD
Orderly PERP_ARB_USDC
Binance ARBUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ARB-USD | −0.0008% | 1h | 0.2233 | −0.096% | $355K | $2.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2234 | −0.020% | $66K | $4K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2235 | −0.004% | $26K | $32K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2235 | +0.004% | $55K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0025% | 8h | 0.2234 | −0.013% | $5.5M | $20.6M | 60x | as long as short |
| Aevo ARB-PERPshort | +0.0080% | 1h | 0.2235 | +0.014% | $146K | $12K | 3x | |
| Bitget ARBUSDT | +0.0082% | 8h | 0.2234 | −0.031% | $20.9M | $38.0M | 50x | as long as short |
| BingX ARB-USDT | +0.0083% | 8h | 0.2234 | −0.049% | — | $53.6M | — | as long as short |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2236 | +0.076% | $1.1M | $5.2M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2235 | +0.027% | $1.3M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2237 | +0.121% | $39.9M | $52.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2235 | +0.012% | $694K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2235 | +0.030% | $44K | $197K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2235 | +0.018% | $20.6M | $16.9M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2232 | −0.115% | $36K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2232 | −0.120% | $480K | $4.0M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2232 | −0.120% | $121K | $294K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2235 | +0.014% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2234 | −0.022% | $276K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2234 | −0.031% | $5.2M | $13.5M | 50x | as long as short |
| BloFin ARB-USDT | +0.0109% | 8h | 0.2234 | −0.040% | $3.0M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2236 | +0.059% | $507K | $2.5M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC]long | L +0.0274% / S −0.0157% | 1h | 0.2235 | long leg | $836K | — | 150x | |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2234 | −0.045% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2236 | +0.072% | $493K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0613% | 1h | 0.2238 | +0.130% | $1.1M | $2.7M | 20x | as long as short |
Extended ARB-USD
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Bitget ARBUSDT
BingX ARB-USDT
Kraken Futures PF_ARBUSD
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
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP