Funding you earn now, next payment 01:00 UTC+0.1746%/8h= +191.2% APRnext payment +$2.18 per $10,000 · paid last 24h +0.513%
Price spread now: Aevo against Injective−0.242%59s7-day average +0.480% · you buy dearer than you sell
Net, funding: paid 7d − costs+$113as 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−$2462.456% of the position
Funding, last 7 days+3.586%+$359 on $10k
+Price spread, last 3 days (all we have)+0.795%+$79 · spread now −0.242%, 7d avg +0.480%
=Funding pays, the price is against you. Aevo is 0.722% cheaper against Injective than usual: you would sell low and buy high (spread −0.242% now, against its 7-day average of +0.480%). If the spread goes back, that is −$72 on $10k: about 33 hours of funding at the current rate (+$52 a day). The two prices were read 59 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 | Injective ARB/USDC PERP | 0.2269 | −0.1666 | get 0.0208% / 1h | 17m 45s | $41K | $372K | 12x |
| Short | Aevo ARB-PERP | 0.2263 | 0.0080 | get 0.0010% / 1h | 17m 45s | $144K | $7K | 3x |
Injective ARB/USDC PERP
Aevo ARB-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Injective. 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
- $366.74
- Price spread: −0.242% → +0.480%
- −$72.23
- Slippage, 4 orders
- −$229.62
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- $48.87
- Costs to cover
- 2.456%
- Break-even
- 6.1 days
Slippage from Injective: live order book, 56 min ago; Aevo: live order book, 56 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 Injective live order book, 56 min ago | 50.58 bp | 50.6 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aevo live order book, 56 min ago | 37.45 bp | 75.6 bp −$76 | doesn't fit | 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 PERPlong | −0.1666% | 1h | 0.2269 | long leg | $41K | $372K | 12x | |
| Variational Omni ARB | −0.0201% | 8h | 0.2267 | −0.107% | $2.0M | $2.8M | — | as long as short |
| 01 Exchange ARBUSD | −0.0152% | 1h | 0.2259 | −0.450% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0137% | 1h | 0.2265 | −0.187% | $1.2M | $4.9M | 50x | as long as short |
| MEXC ARB_USDT | −0.0111% | 8h | 0.2264 | −0.225% | $38.9M | $59.3M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0110% | 8h | 0.2262 | −0.291% | $23.0M | $158.0M | 50x | as long as short |
| Bybit ARBUSDT | −0.0094% | 8h | 0.2263 | −0.278% | $58.9M | $126.8M | 50x | as long as short |
| SoDEX ARB-USD | −0.0063% | 1h | 0.2261 | −0.357% | $4K | $2.5M | 5x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0059% | 1h | 0.2261 | −0.331% | $25K | $34K | 25x | as long as short |
| Orderly PERP_ARB_USDC | −0.0048% | 8h | 0.2260 | −0.397% | $13K | $386K | 10x | as long as short |
Variational Omni ARB
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Bybit ARBUSDT
SoDEX ARB-USD
Deribit ARB_USDC-PERPETUAL
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2258 | −0.501% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2261 | −0.357% | $33K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0013% | 8h | 0.2264 | −0.200% | $66.8M | $310.8M | 75x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2264 | −0.222% | $362K | $2.5M | 25x | as long as short |
| BloFin ARB-USDT | +0.0044% | 8h | 0.2270 | +0.057% | $3.1M | $2.9M | 75x | as long as short |
| Aevo ARB-PERPshort | +0.0080% | 1h | 0.2263 | −0.242% | $144K | $7K | 3x | |
| BingX ARB-USDC | +0.0081% | 8h | 0.2261 | −0.348% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0089% | 8h | 0.2265 | −0.176% | $21.7M | $35.8M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2264 | −0.225% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2265 | −0.159% | $41.0M | $47.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2263 | −0.273% | $704K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2257 | −0.521% | $45K | $184K | 10x | as long as short |
| Gate ARB_USDT | +0.0100% | 8h | 0.2265 | −0.190% | $5.5M | $19.9M | 60x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2265 | −0.172% | $19.7M | $15.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2269 | +0.006% | $41K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2268 | −0.041% | $483K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2267 | −0.088% | $122K | $295K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2260 | −0.379% | $65K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2262 | −0.309% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2259 | −0.450% | $294K | $980K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2263 | −0.264% | $5.2M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2266 | −0.132% | $521K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0288% / S −0.0175% | 1h | 0.2261 | −0.348% | $895K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2259 | −0.436% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2261 | −0.369% | $516K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0585% | 1h | 0.2268 | −0.048% | $1.0M | $2.8M | 20x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
BingX ARB-USDC
Bitget ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Gate ARB_USDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP