Funding you earn now, next payment 05:00 UTC+0.0102%/8h= +11.2% APRpaid last 24h +0.012%
Price spread now: Bitget against Kraken Futures−0.071%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$530.529% of the position
Funding, last 7 days+0.084%+$8 on $10k
+Price spread, last 4 days (all we have)−0.776%−$78 · spread now −0.071%, 7d avg −0.089%
=The price spread sits at its 7-day average of −0.089%, so right now this pair is about funding alone: +$3 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 | 0.2184 | −0.0050 | get 0.0006% / 1h | 12m 09s | $1.1M | $4.4M | 50x |
| Short | Bitget ARBUSDT | 0.2182 | 0.0052 | get 0.0052% / 8h | 3h 12m | $20.8M | $33.8M | 50x |
Kraken Futures PF_ARBUSD
Bitget ARBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $21.51
- Price spread: −0.071% → −0.089%
- $1.77
- Slippage, 4 orders
- −$30.85
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$29.58
- Costs to cover
- 0.529%
- Break-even
- 16.6 days
Slippage from Kraken Futures: live order book, 2 min ago; Bitget: live order book, 2 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 | 6.85 bp | 14.7 bp −$15 | 23.4 bp −$234 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.29 bp | 12.8 bp −$13 | 20.5 bp −$205 | 78.7 bp −$7,870 | 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 | −0.1589% | 1h | 0.2183 | −0.025% | $39K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0174% | 1h | 0.2183 | −0.002% | $69K | $2.1M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0102% | 8h | 0.2183 | −0.025% | $21.9M | $141.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0101% | 8h | 0.2182 | −0.048% | $41.3M | $60.7M | 200x | as long as short |
| Variational Omni ARB | −0.0095% | 8h | 0.2191 | +0.335% | $1.8M | $3.0M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0062% | 8h | 0.2182 | −0.071% | $12K | $407K | 10x | as long as short |
| Bybit ARBUSDT | −0.0053% | 8h | 0.2182 | −0.048% | $55.1M | $123.1M | 50x | as long as short |
| Kraken Futures PF_ARBUSDlong | −0.0050% | 1h | 0.2184 | long leg | $1.1M | $4.4M | 50x | |
| 01 Exchange ARBUSD | −0.0016% | 1h | 0.2185 | +0.089% | $7K | $1K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2188 | +0.181% | $65K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Orderly PERP_ARB_USDC
Bybit ARBUSDT
01 Exchange ARBUSD
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2182 | −0.057% | $24K | $31K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2182 | −0.052% | $44K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0005% | 8h | 0.2183 | −0.025% | $5.3M | $18.2M | 60x | as long as short |
| Bitget ARBUSDTshort | +0.0052% | 8h | 0.2182 | −0.071% | $20.8M | $33.8M | 50x | |
| BingX ARB-USDC | +0.0053% | 8h | 0.2182 | −0.057% | — | $6.5M | — | as long as short |
| Extended ARB-USD | +0.0056% | 1h | 0.2181 | −0.109% | $349K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0056% | 8h | 0.2183 | −0.030% | $63.8M | $298.6M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2182 | −0.057% | $1.2M | $5.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2183 | −0.043% | $138K | $7K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2184 | +0.030% | $37.2M | $48.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2184 | +0.012% | $628K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2187 | +0.155% | $42K | $158K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2183 | −0.016% | $19.5M | $14.5M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2191 | +0.343% | $38K | $465K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2192 | +0.390% | $468K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2194 | +0.479% | $118K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2185 | +0.066% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2182 | −0.071% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2184 | +0.025% | $295K | $885K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2184 | +0.021% | $4.9M | $12.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0118% | 1h | 0.2185 | +0.082% | $443K | $2.6M | 10x | as long as short |
| BloFin ARB-USDT | +0.0176% | 8h | 0.2191 | +0.323% | $3.1M | $2.5M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0256% | 1h | 0.2190 | +0.277% | $494K | $1.6M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2182 | −0.069% | $825K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2181 | −0.102% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0573% | 1h | 0.2185 | +0.071% | $980K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
BingX ARB-USDC
Extended ARB-USD
Binance ARBUSDT
Lighter ARB
Aevo ARB-PERP
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
RISEx ARB/USDC
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP