Funding you earn now, next payment 06:00 UTC+0.0170%/8h= +18.7% APRnext payment +$0.21 per $10,000 · paid last 24h +0.014%
Price spread now: Aevo against Kraken Futures−0.020%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1551.545% of the position
Funding, last 7 days+0.159%+$16 on $10k
+Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.020%, 7d avg −0.009%
=The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ARBUSD | 0.2188 | −0.0074 | get 0.0009% / 1h | 57m 07s | $1.1M | $4.4M | 50x |
| Short | Aevo ARB-PERP | 0.2187 | 0.0096 | get 0.0012% / 1h | 57m 07s | $139K | $7K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Kraken Futures. 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
- $35.78
- Price spread: −0.020% → −0.009%
- −$1.13
- Slippage, 4 orders
- −$128.54
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$119.89
- Costs to cover
- 1.545%
- Break-even
- 30.5 days
Slippage from Kraken Futures: live order book, 2 min ago; Aevo: live order book, 52 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 Kraken Futures live order book, 2 min ago | 9.41 bp | 16.8 bp −$17 | 25.3 bp −$253 | doesn't fit | doesn't fit |
| Sell Aevo live order book, 52 min ago | 31.89 bp | 62.2 bp −$62 | 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 PERP | −0.1581% | 1h | 0.2168 | −0.908% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0208% | 1h | 0.2184 | −0.195% | $7K | $1K | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0116% | 1h | 0.2184 | −0.158% | $78K | $2.1M | 10x | as long as short |
| MEXC ARB_USDT | −0.0095% | 8h | 0.2186 | −0.067% | $41.3M | $60.0M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0095% | 8h | 0.2187 | −0.049% | $21.8M | $142.7M | 50x | as long as short |
| Variational Omni ARB | −0.0093% | 8h | 0.2180 | −0.352% | $1.8M | $3.0M | — | as long as short |
| Kraken Futures PF_ARBUSDlong | −0.0074% | 1h | 0.2188 | long leg | $1.1M | $4.4M | 50x | |
| Orderly PERP_ARB_USDC | −0.0060% | 8h | 0.2186 | −0.085% | $12K | $407K | 10x | as long as short |
| Bybit ARBUSDT | −0.0060% | 8h | 0.2187 | −0.049% | $54.5M | $123.6M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2184 | −0.185% | $65K | $5K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2187 | −0.039% | $24K | $31K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2187 | −0.050% | $44K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0019% | 8h | 0.2187 | −0.026% | $5.4M | $18.0M | 60x | as long as short |
| Bitget ARBUSDT | +0.0049% | 8h | 0.2188 | +0.006% | $20.9M | $34.0M | 50x | as long as short |
| BingX ARB-USDC | +0.0064% | 8h | 0.2183 | −0.209% | — | $6.5M | — | as long as short |
| Binance ARBUSDT | +0.0070% | 8h | 0.2188 | +0.015% | $62.9M | $300.7M | 75x | as long as short |
| Extended ARB-USD | +0.0072% | 1h | 0.2185 | −0.138% | $348K | $2.8M | 25x | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2185 | −0.138% | $442K | $2.6M | 10x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2186 | −0.067% | $1.2M | $5.5M | 15x | as long as short |
| Aevo ARB-PERPshort | +0.0096% | 1h | 0.2187 | −0.020% | $139K | $7K | 3x | |
| Hyperliquid ARB | +0.0100% | 1h | 0.2188 | +0.020% | $37.0M | $48.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2188 | +0.002% | $630K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2183 | −0.236% | $42K | $160K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2187 | −0.044% | $19.5M | $14.5M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2180 | −0.355% | $39K | $465K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2181 | −0.334% | $463K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2181 | −0.314% | $118K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2189 | +0.052% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2187 | −0.044% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2188 | +0.002% | $296K | $878K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2187 | −0.039% | $4.9M | $12.8M | 50x | as long as short |
| BloFin ARB-USDT | +0.0190% | 8h | 0.2188 | −0.017% | $3.0M | $2.5M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0160% | 1h | 0.2187 | −0.056% | $830K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2186 | −0.085% | $500K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2184 | −0.169% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0644% | 1h | 0.2191 | +0.134% | $983K | $2.8M | 20x | as long as short |
Kraken Futures PF_ARBUSD
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Variational Omni ARB
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Bitget ARBUSDT
BingX ARB-USDC
Binance ARBUSDT
Extended ARB-USD
RISEx ARB/USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP