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

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.1793%/8h= +196.3% APRnext payment +$2.24 per $10,000 · paid last 24h +0.498%
Price spread now: Extended against Injective+0.372%7-day average +0.315% · you sell dearer than you buy
Net, funding: paid 7d − costs+$209as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1391.385% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+3.476%+$348 on $10k
Price spread, last 3 days (all we have)−0.777%−$78 · spread now +0.372%, 7d avg +0.315%
Together, before fees+2.700%+ Points / potential airdropExtended: Active · farm board+$270 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$54 a day on $10k at the current rate, and Extended is 0.057% dearer against Injective than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.315%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ARB/USDC PERP0.2270−0.1785get 0.0223% / 1h30m 39s$41K$372K12x
ShortExtended ARB-USD0.22780.0008get 0.0001% / 1h30m 39s$363K$2.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$376.44
Price spread: +0.372% → +0.315%
$5.67
Slippage, 4 orders
−$133.5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$243.59
Costs to cover
1.385%
Break-even
2.5 days
Slippage from Injective: live order book, 48 min ago; Extended: 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 Injective live order book, 48 min ago51.37 bp51.4 bp −$51doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 3 min ago15.37 bp17.9 bp −$1874.8 bp −$748doesn'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 PERPlong−0.1785%1h0.2270long leg$41K$372K12x
Polymarket Perps ARB-USD−0.0279%1h0.2277+0.295%$75K$2.0M10xas long as short
Variational Omni ARB−0.0184%8h0.2276+0.264%$2.0M$2.8Mas long as short
01 Exchange ARBUSD−0.0168%1h0.2279+0.401%$7K$2K10xas long as short
Bybit ARBUSDT−0.0161%8h0.2277+0.322%$58.6M$128.5M50xas long as short
MEXC ARB_USDT−0.0108%8h0.2277+0.326%$38.2M$59.7M200xas long as short
OKX ARB-USDT-SWAP−0.0106%8h0.2278+0.366%$23.0M$160.4M50xas long as short
SoDEX ARB-USD−0.0072%1h0.2277+0.308%$4K$2.6M5xas long as short
Orderly PERP_ARB_USDC−0.0041%8h0.2277+0.308%$13K$395K10xas long as short
dYdX ARB-USD0.0000%1h0.2279+0.386%$67K$4K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2278+0.339%$26K$32K25xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0005%1h0.2279+0.393%$55K150xas long as short
Gate ARB_USDT+0.0007%8h0.2279+0.396%$5.5M$20.2M60xas long as short
Extended ARB-USDshort+0.0008%1h0.2278+0.372%$363K$2.3M25x
Binance ARBUSDT+0.0012%8h0.2279+0.392%$66.8M$313.0M75xas long as short
BloFin ARB-USDT+0.0043%8h0.2276+0.264%$3.1M$2.8M75xas long as short
Bitget ARBUSDT+0.0065%8h0.2278+0.352%$21.5M$35.9M50xas long as short
BingX ARB-USDT+0.0067%8h0.2279+0.392%$53.6Mas long as short
Aevo ARB-PERP+0.0080%1h0.2278+0.344%$149K$12K3xas long as short
Lighter ARB+0.0096%1h0.2280+0.432%$1.4M$7.4M15xas long as short
Hyperliquid ARB+0.0100%1h0.2279+0.401%$41.5M$47.3M10xas long as short
Aster ARBUSDT+0.0100%8h0.2278+0.336%$710K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2279+0.376%$48K$185K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2278+0.370%$19.8M$16.2M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2278+0.360%$40K$463K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2278+0.367%$486K$3.7M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2278+0.352%$123K$295K50xas long as short
SunX ARB-USDT+0.0100%8h0.2280+0.441%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2277+0.313%$291K$1.1M50xas long as short
Phemex ARBUSDT+0.0100%8h0.2277+0.308%$5.2M$13.1M50xas long as short
Coinbase International ARB-PERP-INTX+0.0216%1h0.2285+0.661%$514K$2.3M50xas long as short
Kraken Futures PF_ARBUSD+0.0235%1h0.2278+0.372%$1.2M$4.9M50xas long as short
Reya ARBRUSDPERP+0.0290%1h0.2276+0.279%$2K$69520xas long as short
GMX ARB/USD [ARB-USDC]L +0.0296% / S −0.0186%1h0.2279+0.380%$931K150xas long as short
RISEx ARB/USDC+0.0330%1h0.2282+0.531%$505K$2.7M10xas long as short
Backpack ARB_USDC_PERP+0.0485%1h0.2279+0.396%$927K$2.8M20xas long as short