Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.009%

Price spread now: 01 Exchange against HTX−0.246%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 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and 01 Exchange is 0.246% cheaper against HTX than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX ARB-USDT	0.2191	0.0100	pay 0.0100% / 8h	3h 12m	$296K	$884K	50x
Short	01 Exchange ARBUSD	0.2185	−0.0016	pay 0.0002% / 1h	12m 36s	$7K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.246%Rate

Funding earned: −$24.36
Price spread: −0.246% → 0.000%: −$24.65
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$68.01
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 61 min ago; 01 Exchange: 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, 61 min ago	9.95 bp	66.1 bp −$66	doesn't fit	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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	−0.1589%	1h	0.2183	−0.361%	$39K	$372K	12x	as long as short
Polymarket Perps ARB-USD	−0.0168%	1h	0.2189	−0.078%	$69K	$2.1M	10x	as long as short
OKX ARB-USDT-SWAP	−0.0101%	8h	0.2186	−0.233%	$22.0M	$141.6M	50x	as long as short
MEXC ARB_USDT	−0.0101%	8h	0.2187	−0.201%	$41.4M	$60.7M	200x	as long as short
Variational Omni ARB	−0.0095%	8h	0.2191	−0.002%	$1.8M	$3.0M	—	as long as short
Orderly PERP_ARB_USDC	−0.0063%	8h	0.2190	−0.041%	$12K	$407K	10x	as long as short
Bybit ARBUSDT	−0.0053%	8h	0.2184	−0.329%	$55.1M	$123.1M	50x	as long as short
Kraken Futures PF_ARBUSD	−0.0050%	1h	0.2191	+0.020%	$1.1M	$4.4M	50x	as long as short
01 Exchange ARBUSDshort	−0.0016%	1h	0.2185	−0.246%	$7K	$1K	10x
dYdX ARB-USD	0.0000%	1h	0.2188	−0.155%	$65K	$5K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2191	−0.009%	$24K	$34K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0009%	1h	0.2190	−0.023%	$44K	—	150x	as long as short
Gate ARB_USDT	+0.0005%	8h	0.2186	−0.219%	$5.3M	$18.2M	60x	as long as short
Bitget ARBUSDT	+0.0052%	8h	0.2185	−0.269%	$20.8M	$33.8M	50x	as long as short
BingX ARB-USDC	+0.0053%	8h	0.2187	−0.196%	—	$6.5M	—	as long as short
Extended ARB-USD	+0.0056%	1h	0.2185	−0.260%	$349K	$2.5M	25x	as long as short
Binance ARBUSDT	+0.0056%	8h	0.2185	−0.286%	$63.8M	$298.5M	75x	as long as short
Lighter ARB	+0.0096%	1h	0.2186	−0.205%	$1.3M	$5.5M	15x	as long as short
Aevo ARB-PERP	+0.0096%	1h	0.2191	+0.011%	$139K	$7K	3x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2188	−0.123%	$37.3M	$48.4M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2186	−0.204%	$629K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2187	−0.181%	$42K	$158K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2187	−0.169%	$19.5M	$14.5M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2191	+0.007%	$38K	$465K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2192	+0.053%	$468K	$3.5M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2194	+0.141%	$118K	$283K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2193	+0.096%	$2K	$1.1M	30x	as long as short
SoDEX ARB-USD	+0.0100%	1h	0.2190	−0.041%	$10K	$2.2M	5x	as long as short
HTX ARB-USDTlong	+0.0100%	8h	0.2191	long leg	$296K	$884K	50x
Phemex ARBUSDT	+0.0100%	8h	0.2190	−0.041%	$5.0M	$12.8M	50x	as long as short
RISEx ARB/USDC	+0.0118%	1h	0.2185	−0.253%	$443K	$2.6M	10x	as long as short
BloFin ARB-USDT	+0.0176%	8h	0.2191	−0.014%	$3.1M	$2.5M	75x	as long as short
Coinbase International ARB-PERP-INTX	+0.0256%	1h	0.2193	+0.096%	$494K	$1.6M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2191	−0.003%	$827K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2189	−0.071%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0578%	1h	0.2193	+0.096%	$984K	$2.8M	20x	as long as short