Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.052%
Price spread now: edgeX against Hyperliquid+0.581%66s7-day average −0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$590.591% of the position
Funding, last 7 days−0.126%−$13 on $10k
+Price spread, last 4 days (all we have)−0.378%−$38 · spread now +0.581%, 7d avg −0.078%
=Together, before fees−0.505%+ Points / potential airdropHyperliquid: Season 2 · edgeX: Active · farm board−$50 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.660% dearer against Hyperliquid than usual: you sell high and buy low, +$66 on $10k if it goes back to its 7-day average of −0.078%. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ARB | 0.2179 | 0.0100 | pay 0.0013% / 1h | 32m 15s | $36.5M | $48.7M | 10x |
| Short | edgeX ARBUSDC | 0.2192 | 0.0100 | get 0.0050% / 4h | 2h 32m | $39K | $464K | 20x |
Hyperliquid ARB
edgeX ARBUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Hyperliquid. 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
- $0
- Price spread: +0.581% → −0.078%
- $65.95
- Slippage, 4 orders
- −$41.07
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $6.88
- Costs to cover
- 0.591%
- Break-even
- from the start
Slippage from Hyperliquid: live order book, 11 min ago; edgeX: live order book, 16 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 Hyperliquid live order book, 11 min ago | 0.92 bp | 8.9 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 16 min ago | 13.74 bp | 20.9 bp −$21 | 102.6 bp −$1,026 | 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 | −0.1581% | 1h | 0.2166 | −0.597% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0176% | 1h | 0.2178 | −0.064% | $7K | $236 | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0109% | 1h | 0.2178 | −0.028% | $78K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0097% | 8h | 0.2186 | +0.313% | $1.8M | $3.0M | — | as long as short |
| MEXC ARB_USDT | −0.0078% | 8h | 0.2178 | −0.028% | $41.6M | $61.2M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0077% | 8h | 0.2178 | −0.046% | $21.5M | $142.4M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0075% | 1h | 0.2178 | −0.028% | $1.0M | $4.4M | 50x | as long as short |
| Bybit ARBUSDT | −0.0070% | 8h | 0.2177 | −0.087% | $54.1M | $124.0M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0054% | 8h | 0.2179 | 0.000% | $13K | $408K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2178 | −0.061% | $64K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Variational Omni ARB
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
Orderly PERP_ARB_USDC
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2177 | −0.078% | $23K | $33K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2179 | +0.021% | $44K | — | 150x | as long as short |
| Bitget ARBUSDT | +0.0052% | 8h | 0.2177 | −0.092% | $20.8M | $34.3M | 50x | as long as short |
| Gate ARB_USDT | +0.0061% | 8h | 0.2179 | 0.000% | $5.4M | $18.2M | 60x | as long as short |
| BingX ARB-USDC | +0.0072% | 8h | 0.2179 | −0.018% | — | $6.5M | — | as long as short |
| Extended ARB-USD | +0.0080% | 1h | 0.2176 | −0.135% | $348K | $2.8M | 25x | as long as short |
| Binance ARBUSDT | +0.0080% | 8h | 0.2177 | −0.077% | $62.3M | $300.4M | 75x | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2179 | −0.014% | $437K | $2.6M | 10x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2177 | −0.083% | $1.2M | $5.5M | 15x | as long as short |
| Hyperliquid ARBlong | +0.0100% | 1h | 0.2179 | long leg | $36.5M | $48.7M | 10x | |
| Aster ARBUSDT | +0.0100% | 8h | 0.2178 | −0.025% | $627K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2178 | −0.039% | $42K | $160K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2178 | −0.023% | $19.4M | $14.4M | 75x | as long as short |
| edgeX ARBUSDCshort | +0.0100% | 4h | 0.2192 | +0.581% | $39K | $464K | 20x | |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2184 | +0.229% | $472K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2193 | +0.642% | $118K | $282K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2181 | +0.092% | $1K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2177 | −0.096% | $9K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2177 | −0.115% | $290K | $894K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2177 | −0.092% | $4.9M | $12.7M | 50x | as long as short |
| Aevo ARB-PERP | +0.0104% | 1h | 0.2180 | +0.063% | $138K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0200% | 8h | 0.2177 | −0.073% | $3.0M | $2.4M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0159% | 1h | 0.2179 | 0.000% | $825K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2196 | +0.776% | $506K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2177 | −0.081% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0683% | 1h | 0.2180 | +0.028% | $977K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
Gate ARB_USDT
BingX ARB-USDC
Extended ARB-USD
Binance ARBUSDT
RISEx ARB/USDC
Lighter ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
Aevo ARB-PERP
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP