Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0190%/8h= +20.8% APRpaid last 24h +0.057%

Price spread now: Reya against HTX−0.151%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.151% cheaper against HTX than usual: you would sell low and buy high (spread −0.151% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 2.7 days of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX ARB-USDT	0.2276	0.0100	pay 0.0100% / 8h	7h 13m	$297K	$979K	50x
Short	Reya ARBRUSDPERP	0.2273	0.0290	get 0.0036% / 1h	13m 54s	$2K	$695	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against HTX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HTXbpFee ReyabpOrdersPrice spread, now −0.151%Rate

Funding earned: $39.89
Price spread: −0.151% → 0.000%: −$15.14
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Reya: 3 bp × 2 orders: −$6
Net: $6.75
Costs to cover: 0.180%
Break-even: 5.8 days

Slippage unknown: HTX: live order book, 20 min ago; 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 HTX live order book, 20 min ago	9.56 bp	34.6 bp −$35	doesn't fit	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

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	0.2256	−0.896%	$41K	$372K	12x	as long as short
Variational Omni ARB	−0.0201%	8h	0.2262	−0.641%	$2.0M	$2.8M	—	as long as short
01 Exchange ARBUSD	−0.0152%	1h	0.2274	−0.123%	$7K	$2K	10x	as long as short
Kraken Futures PF_ARBUSD	−0.0137%	1h	0.2278	+0.083%	$1.2M	$4.9M	50x	as long as short
Bybit ARBUSDT	−0.0126%	8h	0.2274	−0.110%	$59.2M	$126.7M	50x	as long as short
MEXC ARB_USDT	−0.0112%	8h	0.2273	−0.158%	$38.9M	$59.3M	200x	as long as short
OKX ARB-USDT-SWAP	−0.0110%	8h	0.2274	−0.088%	$23.1M	$158.4M	50x	as long as short
SoDEX ARB-USD	−0.0061%	1h	0.2275	−0.062%	$6K	$2.5M	5x	as long as short
Orderly PERP_ARB_USDC	−0.0049%	8h	0.2275	−0.062%	$12K	$387K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0014%	1h	0.2275	−0.053%	$25K	$34K	25x	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	0.2268	−0.367%	$67K	$4K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2275	−0.040%	$33K	—	150x	as long as short
Extended ARB-USD	+0.0016%	1h	0.2272	−0.179%	$364K	$2.5M	25x	as long as short
Binance ARBUSDT	+0.0018%	8h	0.2274	−0.099%	$67.1M	$310.4M	75x	as long as short
BloFin ARB-USDT	+0.0065%	8h	0.2263	−0.606%	$3.2M	$2.9M	75x	as long as short
BingX ARB-USDT	+0.0088%	8h	0.2274	−0.110%	—	$54.4M	—	as long as short
Aevo ARB-PERP	+0.0088%	1h	0.2276	−0.033%	$144K	$7K	3x	as long as short
Bitget ARBUSDT	+0.0094%	8h	0.2273	−0.149%	$21.8M	$35.7M	50x	as long as short
Lighter ARB	+0.0096%	1h	0.2278	+0.053%	$1.4M	$7.3M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2279	+0.123%	$41.3M	$47.4M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2277	+0.009%	$708K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2269	−0.331%	$45K	$184K	10x	as long as short
Gate ARB_USDT	+0.0100%	8h	0.2274	−0.114%	$5.5M	$20.0M	60x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2274	−0.119%	$19.8M	$15.8M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2262	−0.648%	$41K	$464K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2264	−0.538%	$486K	$3.5M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2263	−0.589%	$122K	$296K	50x	as long as short
Polymarket Perps ARB-USD	+0.0100%	1h	0.2274	−0.097%	$65K	$2.0M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2275	−0.062%	$2K	$1.1M	30x	as long as short
HTX ARB-USDTlong	+0.0100%	8h	0.2276	long leg	$297K	$979K	50x
Phemex ARBUSDT	+0.0100%	8h	0.2272	−0.193%	$5.2M	$12.9M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0232%	1h	0.2269	−0.325%	$521K	$2.3M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0288% / S −0.0175%	1h	0.2276	−0.017%	$900K	—	150x	as long as short
Reya ARBRUSDPERPshort	+0.0290%	1h	0.2273	−0.151%	$2K	$695	20x
RISEx ARB/USDC	+0.0384%	1h	0.2275	−0.058%	$524K	$2.6M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0602%	1h	0.2280	+0.167%	$1.0M	$2.8M	20x	as long as short