Settings8H · net · $10k
Funding arb · Price arb /

ARB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.056%
Price spread now: SunX against Hyperliquid−0.035%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1711.710% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.126%−$13 on $10k
Price spread, last 3 days (all we have)+0.672%+$67 · spread now −0.035%, 7d avg −0.001%
Together, before fees+0.546%+ Points / potential airdropHyperliquid: Season 2 · farm board+$55 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: SunX is 0.034% cheaper against Hyperliquid than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ARB0.22810.0100pay 0.0013% / 1h20m 23s$41.3M$47.3M10x
ShortSunX ARB-USDT0.22800.0100get 0.0100% / 8h7h 20m$1K$1.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Hyperliquid. 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

Funding earned
$0
Price spread: −0.035% → −0.001%
−$3.45
Slippage, 4 orders
−$154.02
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$174.47
Costs to cover
1.710%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 3 min ago; SunX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 3 min ago1.98 bp8.3 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 3 min ago30.76 bp90.5 bp −$90doesn't fitdoesn't fitdoesn't fit

ARB on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1666%1h0.2261−0.868%$41K$372K12xas long as short
Variational Omni ARB−0.0201%8h0.2267−0.624%$2.0M$2.8Mas long as short
01 Exchange ARBUSD−0.0152%1h0.2280−0.039%$7K$2K10xas long as short
Kraken Futures PF_ARBUSD−0.0136%1h0.2280−0.049%$1.1M$4.9M50xas long as short
MEXC ARB_USDT−0.0112%8h0.2278−0.123%$39.2M$59.2M200xas long as short
OKX ARB-USDT-SWAP−0.0111%8h0.2278−0.136%$23.0M$158.8M50xas long as short
Bybit ARBUSDT−0.0065%8h0.2277−0.158%$59.0M$126.7M50xas long as short
Orderly PERP_ARB_USDC−0.0049%8h0.2279−0.079%$13K$387K10xas long as short
SoDEX ARB-USD−0.0038%1h0.2278−0.118%$4K$2.5M5xas long as short
dYdX ARB-USD0.0000%1h0.2273−0.358%$67K$4K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2279−0.092%$25K$34K25xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0006%1h0.2280−0.056%$33K150xas long as short
Extended ARB-USD+0.0008%1h0.2277−0.158%$365K$2.7M25xas long as short
Binance ARBUSDT+0.0010%8h0.2279−0.069%$67.2M$310.0M75xas long as short
BloFin ARB-USDT+0.0038%8h0.2272−0.403%$3.1M$2.9M75xas long as short
Aevo ARB-PERP+0.0080%1h0.2285+0.185%$145K$7K3xas long as short
BingX ARB-USDT+0.0081%8h0.2278−0.132%$54.2Mas long as short
Bitget ARBUSDT+0.0087%8h0.2279−0.079%$21.8M$35.7M50xas long as short
Lighter ARB+0.0096%1h0.2282+0.066%$1.4M$7.3M15xas long as short
Hyperliquid ARBlong+0.0100%1h0.2281long leg$41.3M$47.3M10x
Aster ARBUSDT+0.0100%8h0.2276−0.209%$708K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2273−0.331%$45K$185K10xas long as short
Gate ARB_USDT+0.0100%8h0.2279−0.079%$5.5M$19.8M60xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2279−0.092%$19.8M$15.8M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2275−0.247%$41K$462K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2272−0.365%$482K$3.5M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2278−0.123%$123K$296K50xas long as short
Polymarket Perps ARB-USD+0.0100%1h0.2281−0.009%$65K$2.0M10xas long as short
SunX ARB-USDTshort+0.0100%8h0.2280−0.035%$1K$1.1M30x
HTX ARB-USDT+0.0100%8h0.2280−0.035%$299K$981K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2278−0.123%$5.2M$13.0M50xas long as short
Coinbase International ARB-PERP-INTX+0.0232%1h0.2274−0.298%$513K$2.3M50xas long as short
GMX ARB/USD [ARB-USDC]L +0.0288% / S −0.0175%1h0.2279−0.078%$902K150xas long as short
Reya ARBRUSDPERP+0.0290%1h0.2277−0.185%$2K$69520xas long as short
RISEx ARB/USDC+0.0384%1h0.2280−0.013%$520K$2.6M10xas long as short
Backpack ARB_USDC_PERP+0.0579%1h0.2274−0.285%$1.0M$2.8M20xas long as short