Funding you earn now, next payment 21:00 UTC+0.0188%/8h= +20.6% APRpaid last 24h +0.080%
Price spread now: Coinbase International against HTX+0.208%7-day average +0.166% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$1011.009% of the position
Funding, last 7 days+0.233%+$23 on $10k
+Price spread, last 3 days (all we have)+0.058%+$6 · spread now +0.208%, 7d avg +0.166%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Coinbase International is 0.042% dearer against HTX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.166%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ARB-USDT | 0.2211 | 0.0100 | pay 0.0100% / 8h | 2h 56m | $271K | $1.2M | 50x |
| Short | Coinbase International ARB-PERP-INTX | 0.2216 | 0.0288 | get 0.0036% / 1h | 56m 30s | $500K | $2.5M | 50x |
HTX ARB-USDT
Coinbase International ARB-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against HTX. 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
- $39.48
- Price spread: +0.208% → +0.166%
- $4.17
- Slippage, 4 orders
- −$78.91
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$57.26
- Costs to cover
- 1.009%
- Break-even
- 17.2 days
Slippage from HTX: live order book, 2 min ago; Coinbase International: live order book, 2 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 HTX live order book, 2 min ago | 9.90 bp | 24.9 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 8.77 bp | 21.7 bp −$22 | 41.4 bp −$414 | 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 | 0.2204 | −0.330% | $40K | $107K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0272% | 1h | 0.2210 | −0.059% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0254% | 8h | 0.2210 | −0.045% | $57.6M | $135.3M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0248% | 1h | 0.2210 | −0.072% | $36K | $18K | 25x | as long as short |
| Polymarket Perps ARB-USD | −0.0233% | 1h | 0.2211 | −0.005% | $69K | $2.3M | 10x | as long as short |
| Variational Omni ARB | −0.0198% | 8h | 0.2217 | +0.243% | $1.9M | $2.8M | — | as long as short |
| SoDEX ARB-USD | −0.0115% | 1h | 0.2211 | −0.032% | $4K | $2.9M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0064% | 8h | 0.2211 | −0.032% | $22.2M | $164.0M | 50x | as long as short |
| MEXC ARB_USDT | −0.0063% | 8h | 0.2211 | −0.018% | $37.5M | $62.9M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0054% | 1h | 0.2213 | +0.058% | $1.1M | $5.2M | 50x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
Polymarket Perps ARB-USD
Variational Omni ARB
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Kraken Futures PF_ARBUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0006% | 8h | 0.2209 | −0.104% | $11K | $380K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2212 | +0.031% | $65K | $4K | 10x | as long as short |
| Binance ARBUSDT | +0.0003% | 8h | 0.2210 | −0.036% | $63.0M | $325.8M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2211 | −0.034% | $55K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2209 | −0.088% | $351K | $2.5M | 25x | as long as short |
| BloFin ARB-USDT | +0.0017% | 8h | 0.2209 | −0.095% | $3.0M | $3.2M | 75x | as long as short |
| Gate ARB_USDT | +0.0026% | 8h | 0.2211 | −0.023% | $5.4M | $21.4M | 60x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2211 | −0.033% | $145K | $12K | 3x | as long as short |
| BingX ARB-USDC | +0.0081% | 8h | 0.2209 | −0.086% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0082% | 8h | 0.2210 | −0.059% | $20.7M | $38.8M | 50x | as long as short |
| ApeX Omni ARBUSDT | +0.0091% | 1h | 0.2223 | +0.529% | $120K | $275K | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2212 | +0.050% | $1.3M | $7.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2212 | +0.045% | $39.7M | $53.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2211 | −0.004% | $696K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2213 | +0.082% | $46K | $206K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2212 | +0.045% | $20.4M | $17.2M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2221 | +0.445% | $38K | $447K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2221 | +0.439% | $472K | $4.3M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2212 | +0.032% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDTlong | +0.0100% | 8h | 0.2211 | long leg | $271K | $1.2M | 50x | |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2212 | +0.032% | $5.3M | $13.8M | 50x | as long as short |
| Coinbase International ARB-PERP-INTXshort | +0.0288% | 1h | 0.2216 | +0.208% | $500K | $2.5M | 50x | |
| GMX ARB/USD [ARB-USDC] | L +0.0290% / S −0.0189% | 1h | 0.2209 | −0.107% | $865K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2210 | −0.042% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0338% | 1h | 0.2213 | +0.081% | $1.1M | $2.8M | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2213 | +0.072% | $486K | $2.9M | 10x | as long as short |
Orderly PERP_ARB_USDC
dYdX ARB-USD
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
Extended ARB-USD
BloFin ARB-USDT
Gate ARB_USDT
Aevo ARB-PERP
BingX ARB-USDC
Bitget ARBUSDT
ApeX Omni ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP
RISEx ARB/USDC