Funding you earn now, next payment 01:00 UTC+0.1766%/8h= +193.4% APRnext payment +$2.21 per $10,000 · paid last 24h +0.516%
Price spread now: Pacifica against Injective+0.849%99s7-day average +0.421% · you sell dearer than you buy
Net, funding: paid 7d − costs+$234as 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−$1271.265% of the position
Funding, last 7 days+3.608%+$361 on $10k
+Price spread, last 3 days (all we have)−0.965%−$96 · spread now +0.849%, 7d avg +0.421%
=Together, before fees+2.643%+ Points / potential airdropPacifica: Active · farm board+$264 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$53 a day on $10k at the current rate, and Pacifica is 0.428% dearer against Injective than usual: you sell high and buy low: +$43 more if the spread goes back to its 7-day average of +0.421%. The two prices were read 99 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 | 0.2232 | −0.1666 | get 0.0208% / 1h | 43m 37s | $40K | $372K | 12x |
| Short | Pacifica ARB | 0.2251 | 0.0100 | get 0.0013% / 1h | 43m 37s | $44K | $187K | 10x |
Injective ARB/USDC PERP
Pacifica ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $370.94
- Price spread: +0.849% → +0.421%
- $42.79
- Slippage, 4 orders
- −$118.48
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $287.23
- Costs to cover
- 1.265%
- Break-even
- 1.6 days
Slippage from Injective: live order book, 30 min ago; Pacifica: live order book, 29 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, 30 min ago | 50.58 bp | 50.6 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 29 min ago | 7.05 bp | 13.7 bp −$14 | 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 | 0.2232 | long leg | $40K | $372K | 12x | |
| Bybit ARBUSDT | −0.0307% | 8h | 0.2248 | +0.708% | $58.1M | $127.1M | 50x | as long as short |
| Variational Omni ARB | −0.0214% | 8h | 0.2239 | +0.318% | $1.9M | $2.8M | — | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0150% | 1h | 0.2249 | +0.775% | $25K | $34K | 25x | as long as short |
| 01 Exchange ARBUSD | −0.0144% | 1h | 0.2249 | +0.757% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0138% | 1h | 0.2251 | +0.863% | $1.1M | $4.9M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0118% | 8h | 0.2247 | +0.690% | $22.6M | $157.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0118% | 8h | 0.2248 | +0.730% | $38.3M | $58.9M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0044% | 8h | 0.2250 | +0.806% | $13K | $386K | 10x | as long as short |
| Extended ARB-USD | −0.0016% | 1h | 0.2247 | +0.680% | $358K | $2.7M | 25x | as long as short |
Bybit ARBUSDT
Variational Omni ARB
Deribit ARB_USDC-PERPETUAL
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDC
Extended ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | −0.0014% | 8h | 0.2250 | +0.784% | $66.2M | $311.4M | 75x | as long as short |
| SoDEX ARB-USD | −0.0006% | 1h | 0.2249 | +0.753% | $4K | $2.6M | 5x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2251 | +0.871% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2250 | +0.806% | $55K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0015% | 8h | 0.2250 | +0.811% | $5.4M | $19.7M | 60x | as long as short |
| Phemex ARBUSDT | +0.0035% | 8h | 0.2248 | +0.717% | $5.1M | $13.0M | 50x | as long as short |
| BingX ARB-USDT | +0.0049% | 8h | 0.2248 | +0.726% | — | $54.1M | — | as long as short |
| Bitget ARBUSDT | +0.0058% | 8h | 0.2249 | +0.762% | $21.4M | $36.0M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2250 | +0.825% | $143K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2253 | +0.932% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2254 | +0.972% | $40.6M | $47.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2251 | +0.837% | $699K | $1.6M | 20x | as long as short |
| Pacifica ARBshort | +0.0100% | 1h | 0.2251 | +0.849% | $44K | $187K | 10x | |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2249 | +0.771% | $19.6M | $16.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2247 | +0.678% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2249 | +0.771% | $477K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2250 | +0.806% | $121K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2249 | +0.766% | $66K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2251 | +0.851% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2250 | +0.789% | $293K | $1.0M | 50x | as long as short |
| BloFin ARB-USDT | +0.0104% | 8h | 0.2251 | +0.838% | $3.1M | $2.8M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2251 | +0.829% | $506K | $2.2M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0290% / S −0.0177% | 1h | 0.2250 | +0.809% | $895K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2247 | +0.686% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2251 | +0.872% | $501K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0423% | 1h | 0.2252 | +0.887% | $1.0M | $2.8M | 20x | as long as short |
Binance ARBUSDT
SoDEX ARB-USD
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Phemex ARBUSDT
BingX ARB-USDT
Bitget ARBUSDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP