Funding you earn now, next payment 11:00 UTC+0.2007%/8h= +219.7% APRnext payment +$2.51 per $10,000 · paid last 24h +0.563%
Price spread now: RISEx against Injective−0.447%7-day average +0.442% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$204as in the Price arb table
costs, in and out, $10k−$1151.147% of the position
Funding, last 4 days (all we have)+2.333%+$233 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.447%, 7d avg +0.442%
=Funding pays, the price is against you. RISEx is 0.889% cheaper against Injective than usual: you would sell low and buy high (spread −0.447% now, against its 7-day average of +0.442%). If the spread goes back, that is −$89 on $10k: about 35 hours of funding at the current rate (+$60 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ARB/USDC PERP | 0.2180 | −0.1736 | get 0.0217% / 1h | 30m 55s | $39K | $372K | 12x |
| Short | RISEx ARB/USDC | 0.2170 | 0.0271 | get 0.0034% / 1h | 30m 55s | $542K | $2.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $421.38
- Price spread: −0.447% → +0.442%
- −$88.87
- Slippage, 4 orders
- −$108.72
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $217.76
- Costs to cover
- 1.147%
- Break-even
- 3.4 days
Slippage from Injective: live order book, 16 min ago; RISEx: live order book, just now.
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, 16 min ago | 52.74 bp | 52.8 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell RISEx live order book, just now | 1.15 bp | 5.1 bp −$5 | 16.0 bp −$160 | doesn't fit | doesn't fit |
ARB on 36 exchanges
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 | −0.1736% | 1h | 0.2180 | long leg | $39K | $372K | 12x | |
| Kraken Futures PF_ARBUSD | −0.0232% | 1h | 0.2169 | −0.527% | $1.1M | $3.9M | 50x | as long as short |
| Bybit ARBUSDT | −0.0232% | 8h | 0.2169 | −0.505% | $53.5M | $120.9M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0176% | 1h | 0.2169 | −0.495% | $7K | $414 | 10x | as long as short |
| SoDEX ARB-USD | −0.0164% | 1h | 0.2168 | −0.550% | $9K | $2.2M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0155% | 8h | 0.2170 | −0.477% | $22.6M | $139.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0153% | 8h | 0.2167 | −0.573% | $44.5M | $61.6M | 200x | as long as short |
| Polymarket Perps ARB-USD | −0.0142% | 1h | 0.2167 | −0.578% | $70K | $1.9M | 10x | as long as short |
| Variational Omni ARB | −0.0055% | 8h | 0.2176 | −0.184% | $1.8M | $2.6M | — | as long as short |
| Binance ARBUSDT | −0.0050% | 8h | 0.2170 | −0.459% | $63.9M | $286.2M | 75x | as long as short |
Show all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ARB-USD | −0.0048% | 1h | 0.2167 | −0.606% | $360K | $3.0M | 25x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0027% | 1h | 0.2169 | −0.509% | $29K | $36K | 25x | as long as short |
| Orderly PERP_ARB_USDC | −0.0015% | 8h | 0.2168 | −0.550% | $16K | $401K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2173 | −0.300% | $63K | $3K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2170 | −0.439% | $72K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0011% | 8h | 0.2168 | −0.532% | $5.5M | $16.5M | 60x | as long as short |
| Phemex ARBUSDT | +0.0071% | 8h | 0.2169 | −0.505% | $4.6M | $12.6M | 50x | as long as short |
| BloFin ARB-USDT | +0.0071% | 8h | 0.2168 | −0.528% | $3.0M | $2.0M | 75x | as long as short |
| Aevo ARB-PERP | +0.0072% | 1h | 0.2169 | −0.505% | $138K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2169 | −0.505% | $1.3M | $5.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2170 | −0.436% | $35.5M | $49.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2170 | −0.444% | $621K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2170 | −0.468% | $54K | $155K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2169 | −0.505% | $18.8M | $13.2M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2169 | −0.505% | $20.8M | $33.1M | 50x | as long as short |
| BingX ARB-USDT | +0.0100% | 8h | 0.2168 | −0.532% | — | $31.3M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2172 | −0.388% | $39K | $466K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2171 | −0.416% | $471K | $3.3M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2178 | −0.092% | $118K | $311K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2170 | −0.459% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2170 | −0.463% | $293K | $795K | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0159% | 1h | 0.2170 | −0.436% | $967K | $2.7M | 20x | as long as short |
| RISEx ARB/USDCshort | +0.0271% | 1h | 0.2170 | −0.447% | $542K | $2.4M | 10x | |
| GMX ARB/USD [ARB-USDC] | L +0.0283% / S −0.0167% | 1h | 0.2169 | −0.489% | $841K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2167 | −0.583% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0424% | 1h | 0.2171 | −0.413% | $517K | $1.4M | 50x | as long as short |
Injective ARB/USDC PERP
RISEx ARB/USDC
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
01 Exchange ARBUSD
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Polymarket Perps ARB-USD
Variational Omni ARB
Binance ARBUSDT
Extended ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Phemex ARBUSDT
BloFin ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDT
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Backpack ARB_USDC_PERP
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX