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

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.1688%/8h= +184.9% APRpaid last 24h +0.517%
Price spread now: BloFin against Injective+0.531%7-day average +0.429% · you sell dearer than you buy
Net, funding: paid 7d − costs+$247as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1161.160% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+3.629%+$363 on $10k
Price spread, last 4 days (all we have)−0.518%−$52 · spread now +0.531%, 7d avg +0.429%
Together, before fees+3.111%+$311 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$51 a day on $10k at the current rate, and BloFin is 0.103% dearer against Injective than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.429%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ARB/USDC PERP0.2183−0.1649get 0.0206% / 1h50m 54s$39K$372K12x
ShortBloFin ARB-USDT0.21950.0039get 0.0039% / 8h4h 50m$3.1M$2.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Injective. 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
$354.51
Price spread: +0.531% → +0.429%
$10.26
Slippage, 4 orders
−$104
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee BloFin: 6 bp × 2 orders
−$12
Net
$248.74
Costs to cover
1.160%
Break-even
2.1 days
Slippage from Injective: live order book, 8 min ago; BloFin: live order book, 2 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 Injective live order book, 8 min ago49.82 bp49.8 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 2 min ago0.23 bp7.6 bp −$817.3 bp −$17348.9 bp −$4,889doesn'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 PERPlong−0.1649%1h0.2183long leg$39K$372K12x
MEXC ARB_USDT−0.0139%8h0.2199+0.747%$40.8M$59.5M200xas long as short
OKX ARB-USDT-SWAP−0.0139%8h0.2199+0.747%$22.2M$147.9M50xas long as short
01 Exchange ARBUSD−0.0128%1h0.2195+0.545%$7K$2K10xas long as short
Variational Omni ARB−0.0117%8h0.2192+0.429%$1.8M$2.9Mas long as short
Polymarket Perps ARB-USD−0.0105%1h0.2195+0.536%$70K$2.2M10xas long as short
Gate ARB_USDT−0.0102%8h0.2194+0.522%$5.3M$18.6M60xas long as short
Orderly PERP_ARB_USDC−0.0078%8h0.2194+0.504%$13K$388K10xas long as short
SoDEX ARB-USD−0.0062%1h0.2194+0.499%$10K$2.3M5xas long as short
Bybit ARBUSDT−0.0044%8h0.2199+0.733%$55.7M$125.9M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ARBUSD−0.0006%1h0.2195+0.546%$1.1M$4.4M50xas long as short
dYdX ARB-USD0.0000%1h0.2194+0.504%$65K$5K10xas long as short
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2195+0.536%$24K$34K25xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0006%1h0.2195+0.536%$32K150xas long as short
Extended ARB-USD+0.0008%1h0.2198+0.700%$349K$2.5M25xas long as short
Binance ARBUSDT+0.0010%8h0.2200+0.776%$64.2M$306.6M75xas long as short
BloFin ARB-USDTshort+0.0039%8h0.2195+0.531%$3.1M$2.6M75x
Bitget ARBUSDT+0.0066%8h0.2199+0.733%$20.9M$34.6M50xas long as short
BingX ARB-USDC+0.0070%8h0.2197+0.646%$6.5Mas long as short
Aevo ARB-PERP+0.0088%1h0.2195+0.544%$139K$7K3xas long as short
Lighter ARB+0.0096%1h0.2194+0.508%$1.2M$5.7M15xas long as short
Hyperliquid ARB+0.0100%1h0.2195+0.554%$37.9M$48.6M10xas long as short
Aster ARBUSDT+0.0100%8h0.2195+0.559%$634K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2195+0.545%$43K$169K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2199+0.719%$19.5M$15.1M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2204+0.966%$40K$462K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2205+1.008%$470K$3.6M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2204+0.962%$119K$282K50xas long as short
SunX ARB-USDT+0.0100%8h0.2196+0.596%$1K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2195+0.563%$298K$955K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2195+0.550%$4.9M$12.9M50xas long as short
Coinbase International ARB-PERP-INTX+0.0224%1h0.2197+0.641%$492K$2.0M50xas long as short
RISEx ARB/USDC+0.0225%1h0.2197+0.623%$478K$2.6M10xas long as short
GMX ARB/USD [ARB-USDC]L +0.0273% / S −0.0155%1h0.2195+0.539%$819K150xas long as short
Reya ARBRUSDPERP+0.0289%1h0.2194+0.484%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0552%1h0.2198+0.683%$992K$2.8M20xas long as short