Funding you earn now, next payment 01:00 UTC−0.0191%/8h= −20.9% APRpaid last 24h −0.041%
Price spread now: SunX against GMX+0.065%7-day average +0.066% · 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)−0.153%−$15 on $10k
+Price spread, last 3 days (all we have)+0.250%+$25 · spread now +0.065%, 7d avg +0.066%
=The price spread sits at its 7-day average of +0.066%, 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] | 0.2274 | L +0.0291% / S −0.0179% | pay 0.0036% / 1h | 12m 08s | $910K | — | 150x |
| Short | SunX ARB-USDT | 0.2275 | 0.0100 | get 0.0100% / 8h | 7h 12m | $2K | $1.1M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$40.11
- Price spread: +0.065% → +0.066%
- −$0.11
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$60.22
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; SunX: live order book, 1 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 SunX live order book, 1 min ago | 30.74 bp | 97.9 bp −$98 | 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 | −0.1666% | 1h | 0.2264 | −0.419% | $41K | $372K | 12x | as long as short |
| Variational Omni ARB | −0.0201% | 8h | 0.2262 | −0.516% | $2.0M | $2.8M | — | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0190% | 1h | 0.2271 | −0.124% | $25K | $34K | 25x | as long as short |
| 01 Exchange ARBUSD | −0.0144% | 1h | 0.2273 | −0.019% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0137% | 1h | 0.2274 | +0.011% | $1.2M | $4.9M | 50x | as long as short |
| Bybit ARBUSDT | −0.0121% | 8h | 0.2272 | −0.050% | $59.0M | $126.6M | 50x | as long as short |
| MEXC ARB_USDT | −0.0111% | 8h | 0.2271 | −0.111% | $39.0M | $59.4M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0109% | 8h | 0.2272 | −0.072% | $23.1M | $158.2M | 50x | as long as short |
| SoDEX ARB-USD | −0.0061% | 1h | 0.2270 | −0.155% | $8K | $2.5M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0049% | 8h | 0.2271 | −0.111% | $12K | $388K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2274 | +0.003% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2274 | +0.007% | $32K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0021% | 8h | 0.2273 | −0.032% | $67.2M | $310.4M | 75x | as long as short |
| Extended ARB-USD | +0.0024% | 1h | 0.2270 | −0.172% | $366K | $2.5M | 25x | as long as short |
| BloFin ARB-USDT | +0.0072% | 8h | 0.2273 | −0.001% | $3.2M | $2.9M | 75x | as long as short |
| BingX ARB-USDC | +0.0088% | 8h | 0.2273 | −0.015% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2272 | −0.079% | $144K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2274 | +0.003% | $1.4M | $7.3M | 15x | as long as short |
| Bitget ARBUSDT | +0.0097% | 8h | 0.2271 | −0.111% | $21.8M | $35.7M | 50x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2274 | +0.034% | $41.2M | $47.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2272 | −0.075% | $706K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2274 | +0.032% | $46K | $184K | 10x | as long as short |
| Gate ARB_USDT | +0.0100% | 8h | 0.2272 | −0.080% | $5.5M | $20.0M | 60x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2273 | −0.037% | $19.8M | $15.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2262 | −0.487% | $41K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2263 | −0.455% | $486K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2264 | −0.419% | $122K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2274 | +0.025% | $65K | $2.0M | 10x | as long as short |
| SunX ARB-USDTshort | +0.0100% | 8h | 0.2275 | +0.065% | $2K | $1.1M | 30x | |
| HTX ARB-USDT | +0.0100% | 8h | 0.2272 | −0.085% | $296K | $976K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2273 | −0.023% | $5.2M | $12.9M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2272 | −0.067% | $523K | $2.3M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2271 | −0.114% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC]long | L +0.0291% / S −0.0179% | 1h | 0.2274 | long leg | $910K | — | 150x | |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2276 | +0.096% | $518K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0607% | 1h | 0.2274 | +0.034% | $1.0M | $2.8M | 20x | as long as short |
GMX ARB/USD [ARB-USDC]
SunX ARB-USDT
Injective ARB/USDC PERP
Variational Omni ARB
Deribit ARB_USDC-PERPETUAL
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
MEXC ARB_USDT
OKX ARB-USDT-SWAP
SoDEX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
BingX ARB-USDC
Lighter ARB
Bitget ARBUSDT
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Gate ARB_USDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
Backpack ARB_USDC_PERP