Funding you earn now, next payment 00:00 UTC−0.0084%/8h= −9.2% APRnext payment −$0.84 per $10,000 · paid last 24h −0.015%
Price spread now: Gate against HTX−0.148%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1011.010% of the position
Funding, last 7 days−0.169%−$17 on $10k
+Price spread, last 3 days (all we have)−2.212%−$221 · spread now −0.148%, 7d avg −0.008%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.139% cheaper against HTX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.008%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ARB-USDT | 0.2236 | 0.0100 | pay 0.0100% / 8h | 3h 12m | $274K | $1.2M | 50x |
| Short | Gate ARB_USDT | 0.2233 | 0.0016 | get 0.0016% / 8h | 3h 12m | $5.5M | $21.9M | 60x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$17.64
- Price spread: −0.148% → −0.008%
- −$13.94
- Slippage, 4 orders
- −$74.04
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$132.62
- Costs to cover
- 1.010%
- Break-even
- never at this rate
Slippage from HTX: live order book, 1 min ago; Gate: live order book, 1 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, 1 min ago | 12.97 bp | 36.1 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 2.24 bp | 21.8 bp −$22 | 37.5 bp −$375 | 105.6 bp −$10.6K | 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 | −0.0803% | 1h | 0.2224 | −0.554% | $40K | $107K | 12x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0315% | 1h | 0.2237 | +0.007% | $1.1M | $5.2M | 50x | as long as short |
| Bybit ARBUSDT | −0.0290% | 8h | 0.2233 | −0.165% | $58.0M | $134.5M | 50x | as long as short |
| SoDEX ARB-USD | −0.0244% | 1h | 0.2235 | −0.072% | $5K | $2.9M | 5x | as long as short |
| Variational Omni ARB | −0.0196% | 8h | 0.2240 | +0.169% | $1.9M | $2.8M | — | as long as short |
| 01 Exchange ARBUSD | −0.0152% | 1h | 0.2235 | −0.058% | $7K | $2K | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0067% | 8h | 0.2232 | −0.188% | $22.9M | $165.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0064% | 8h | 0.2231 | −0.224% | $38.5M | $64.0M | 200x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0018% | 1h | 0.2237 | +0.013% | $37K | $18K | 25x | as long as short |
| ApeX Omni ARBUSDT | −0.0002% | 1h | 0.2246 | +0.429% | $123K | $275K | 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 | −0.0001% | 8h | 0.2235 | −0.063% | $11K | $384K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2236 | −0.031% | $66K | $4K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2231 | −0.219% | $356K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0001% | 8h | 0.2233 | −0.139% | $64.1M | $324.3M | 75x | as long as short |
| BloFin ARB-USDT | +0.0004% | 8h | 0.2235 | −0.058% | $3.1M | $3.2M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2237 | +0.021% | $59K | — | 150x | as long as short |
| Gate ARB_USDTshort | +0.0016% | 8h | 0.2233 | −0.148% | $5.5M | $21.9M | 60x | |
| Polymarket Perps ARB-USD | +0.0028% | 1h | 0.2236 | −0.036% | $66K | $2.3M | 10x | as long as short |
| Bitget ARBUSDT | +0.0078% | 8h | 0.2232 | −0.197% | $20.9M | $38.8M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2236 | +0.004% | $146K | $12K | 3x | as long as short |
| BingX ARB-USDT | +0.0085% | 8h | 0.2232 | −0.179% | — | $53.9M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2236 | 0.000% | $1.4M | $7.8M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2236 | +0.004% | $40.5M | $52.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2233 | −0.134% | $710K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2235 | −0.058% | $47K | $206K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2234 | −0.098% | $20.6M | $17.2M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2234 | −0.119% | $38K | $451K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2233 | −0.174% | $475K | $4.2M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2238 | +0.072% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDTlong | +0.0100% | 8h | 0.2236 | long leg | $274K | $1.2M | 50x | |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2233 | −0.152% | $5.4M | $13.9M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2234 | −0.091% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0292% / S −0.0191% | 1h | 0.2237 | +0.018% | $880K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0312% | 1h | 0.2246 | +0.443% | $506K | $2.5M | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0428% | 1h | 0.2240 | +0.139% | $1.1M | $2.9M | 20x | as long as short |
| RISEx ARB/USDC | +0.0621% | 1h | 0.2237 | +0.045% | $506K | $2.9M | 10x | as long as short |
HTX ARB-USDT
Gate ARB_USDT
Injective ARB/USDC PERP
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
SoDEX ARB-USD
Variational Omni ARB
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
ApeX Omni ARBUSDT
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
gTrade (Gains Network) ARB/USD
Polymarket Perps ARB-USD
Bitget ARBUSDT
BingX ARB-USDT
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]
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP
RISEx ARB/USDC