Funding you earn now, next payment 01:00 UTC−0.0007%/8h= −0.7% APRnext payment −$0.01 per $10,000 · paid last 24h +0.015%
Price spread now: Reya against GMX−0.112%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Reya is 0.112% cheaper against GMX than usual: you would sell low and buy high, −$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ARB/USD [ARB-USDC] | 0.2264 | L +0.0297% / S −0.0186% | pay 0.0037% / 1h | 57m 55s | $926K | — | 150x |
| Short | Reya ARBRUSDPERP | 0.2262 | 0.0290 | get 0.0036% / 1h | 57m 55s | $2K | $695 | 20x |
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$1.37
- Price spread: −0.112% → 0.000%
- −$11.18
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$30.55
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Reya: 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 GMX no order-book sample | — | — | — | — | — |
| Sell Reya no order-book sample | — | — | — | — | — |
GMX and Reya: 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 | −0.1666% | 1h | 0.2247 | −0.757% | $41K | $372K | 12x | as long as short |
| Bybit ARBUSDT | −0.0263% | 8h | 0.2256 | −0.373% | $58.2M | $127.8M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0216% | 1h | 0.2263 | −0.037% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0201% | 8h | 0.2259 | −0.234% | $2.0M | $2.8M | — | as long as short |
| Gate ARB_USDT | −0.0199% | 8h | 0.2257 | −0.315% | $5.4M | $19.6M | 60x | as long as short |
| SoDEX ARB-USD | −0.0171% | 1h | 0.2260 | −0.165% | $4K | $2.6M | 5x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0148% | 1h | 0.2261 | −0.121% | $25K | $34K | 25x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0138% | 1h | 0.2263 | −0.072% | $1.1M | $4.9M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0117% | 8h | 0.2257 | −0.333% | $22.8M | $158.5M | 50x | as long as short |
| MEXC ARB_USDT | −0.0116% | 8h | 0.2257 | −0.324% | $38.3M | $58.6M | 200x | as long as short |
Injective ARB/USDC PERP
Bybit ARBUSDT
01 Exchange ARBUSD
Variational Omni ARB
Gate ARB_USDT
SoDEX ARB-USD
Deribit ARB_USDC-PERPETUAL
Kraken Futures PF_ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0042% | 8h | 0.2262 | −0.095% | $13K | $392K | 10x | as long as short |
| Extended ARB-USD | −0.0008% | 1h | 0.2255 | −0.383% | $359K | $2.3M | 25x | as long as short |
| Binance ARBUSDT | −0.0007% | 8h | 0.2257 | −0.329% | $66.4M | $313.2M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2260 | −0.178% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2264 | +0.012% | $56K | — | 150x | as long as short |
| Bitget ARBUSDT | +0.0047% | 8h | 0.2257 | −0.315% | $21.3M | $36.1M | 50x | as long as short |
| BingX ARB-USDT | +0.0050% | 8h | 0.2256 | −0.342% | — | $54.0M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2262 | −0.110% | $148K | $3K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2261 | −0.143% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2261 | −0.134% | $41.0M | $47.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2260 | −0.192% | $702K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2261 | −0.134% | $47K | $183K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2257 | −0.320% | $19.7M | $16.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2261 | −0.151% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2261 | −0.140% | $482K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2263 | −0.050% | $122K | $295K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2263 | −0.072% | $66K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2264 | −0.006% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2261 | −0.143% | $291K | $1.0M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2259 | −0.227% | $5.2M | $13.0M | 50x | as long as short |
| BloFin ARB-USDT | +0.0114% | 8h | 0.2260 | −0.192% | $3.1M | $2.8M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2263 | −0.050% | $511K | $2.3M | 50x | as long as short |
| Reya ARBRUSDPERPshort | +0.0290% | 1h | 0.2262 | −0.112% | $2K | $695 | 20x | |
| GMX ARB/USD [ARB-USDC]long | L +0.0297% / S −0.0186% | 1h | 0.2264 | long leg | $926K | — | 150x | |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2265 | +0.047% | $513K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0496% | 1h | 0.2263 | −0.068% | $1.0M | $2.8M | 20x | as long as short |
Orderly PERP_ARB_USDC
Extended ARB-USD
Binance ARBUSDT
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
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
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
Backpack ARB_USDC_PERP