Funding you earn now, next payment 00:00 UTC−0.0106%/8h= −11.6% APRnext payment −$1.06 per $10,000 · paid last 24h −0.050%
Price spread now: Orderly against HTX−0.023%7-day average +0.013% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.287%−$29 on $10k
+Price spread, last 3 days (all we have)+0.156%+$16 · spread now −0.023%, 7d avg +0.013%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Orderly is 0.036% cheaper against HTX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.013%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ARB-USDT | 0.2217 | 0.0100 | pay 0.0100% / 8h | 2h 54m | $273K | $1.2M | 50x |
| Short | Orderly PERP_ARB_USDC | 0.2216 | −0.0006 | pay 0.0006% / 8h | 2h 54m | $10K | $380K | 10x |
HTX ARB-USDT
Orderly PERP_ARB_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$22.34
- Price spread: −0.023% → +0.013%
- −$3.6
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$43.94
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 4 min ago; Orderly: 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 HTX live order book, 4 min ago | 9.90 bp | 24.9 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.1675% | 1h | 0.2199 | −0.790% | $40K | $107K | 12x | as long as short |
| ApeX Omni ARBUSDT | −0.0762% | 1h | 0.2207 | −0.429% | $120K | $297K | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0288% | 1h | 0.2207 | −0.433% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0252% | 8h | 0.2206 | −0.483% | $57.4M | $134.8M | 50x | as long as short |
| Variational Omni ARB | −0.0192% | 8h | 0.2210 | −0.310% | $1.9M | $2.8M | — | as long as short |
| Polymarket Perps ARB-USD | −0.0159% | 1h | 0.2213 | −0.153% | $69K | $2.3M | 10x | as long as short |
| SoDEX ARB-USD | −0.0095% | 1h | 0.2215 | −0.081% | $4K | $2.9M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0066% | 8h | 0.2206 | −0.465% | $22.2M | $163.6M | 50x | as long as short |
| MEXC ARB_USDT | −0.0066% | 8h | 0.2208 | −0.406% | $37.2M | $62.9M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0054% | 1h | 0.2218 | +0.046% | $1.1M | $5.2M | 50x | as long as short |
Injective ARB/USDC PERP
ApeX Omni ARBUSDT
01 Exchange ARBUSD
Bybit ARBUSDT
Variational Omni ARB
Polymarket Perps ARB-USD
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_USDCshort | −0.0006% | 8h | 0.2216 | −0.023% | $10K | $380K | 10x | |
| dYdX ARB-USD | 0.0000% | 1h | 0.2210 | −0.293% | $65K | $4K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2205 | −0.515% | $351K | $2.5M | 25x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2217 | +0.009% | $36K | $18K | 25x | as long as short |
| Binance ARBUSDT | +0.0001% | 8h | 0.2208 | −0.372% | $63.0M | $325.7M | 75x | as long as short |
| BloFin ARB-USDT | +0.0002% | 8h | 0.2215 | −0.045% | $3.0M | $3.2M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2217 | +0.011% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0019% | 8h | 0.2207 | −0.415% | $5.5M | $21.4M | 60x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2217 | +0.027% | $145K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0081% | 8h | 0.2205 | −0.519% | $20.7M | $38.8M | 50x | as long as short |
| BingX ARB-USDT | +0.0083% | 8h | 0.2206 | −0.478% | — | $54.2M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2211 | −0.248% | $1.3M | $7.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2213 | −0.140% | $39.7M | $52.9M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2212 | −0.224% | $696K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2210 | −0.310% | $46K | $206K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2209 | −0.347% | $20.3M | $17.2M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2213 | −0.167% | $38K | $448K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2213 | −0.153% | $470K | $4.3M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2209 | −0.338% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDTlong | +0.0100% | 8h | 0.2217 | long leg | $273K | $1.2M | 50x | |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2215 | −0.068% | $5.3M | $13.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0166% | 1h | 0.2216 | −0.008% | $807K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2219 | +0.113% | $506K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2213 | −0.178% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0323% | 1h | 0.2219 | +0.108% | $1.1M | $2.8M | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2209 | −0.318% | $484K | $2.9M | 10x | as long as short |
dYdX ARB-USD
Extended ARB-USD
Deribit ARB_USDC-PERPETUAL
Binance ARBUSDT
BloFin ARB-USDT
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Aevo ARB-PERP
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
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP
RISEx ARB/USDC