Funding you earn now, next payment 04:00 UTC+0.0106%/8h= +11.6% APRnext payment +$0.13 per $10,000 · paid last 24h +0.019%
Price spread now: Pacifica against Kraken Futures+0.086%7-day average −0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$530.532% of the position
Funding, last 7 days+0.184%+$18 on $10k
+Price spread, last 4 days (all we have)−2.756%−$276 · spread now +0.086%, 7d avg −0.063%
=Together, before fees−2.573%+ Points / potential airdropPacifica: Active · farm board−$257 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.149% dearer against Kraken Futures than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.063%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ARBUSD | 0.2194 | −0.0006 | get 0.0001% / 1h | 51m 58s | $1.1M | $4.4M | 50x |
| Short | Pacifica ARB | 0.2196 | 0.0100 | get 0.0013% / 1h | 51m 58s | $43K | $169K | 10x |
Kraken Futures PF_ARBUSD
Pacifica ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $22.28
- Price spread: +0.086% → −0.063%
- $14.85
- Slippage, 4 orders
- −$35.16
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$16.04
- Costs to cover
- 0.532%
- Break-even
- 12.0 days
Slippage from Kraken Futures: live order book, 2 min ago; Pacifica: live order book, 6 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 | 8.84 bp | 14.0 bp −$14 | 23.9 bp −$239 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 6 min ago | 5.68 bp | 13.9 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 PERP | −0.1649% | 1h | 0.2196 | +0.077% | $40K | $372K | 12x | as long as short |
| MEXC ARB_USDT | −0.0140% | 8h | 0.2194 | −0.024% | $40.7M | $59.5M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0140% | 8h | 0.2194 | −0.005% | $22.1M | $147.6M | 50x | as long as short |
| Variational Omni ARB | −0.0125% | 8h | 0.2208 | +0.609% | $1.8M | $2.9M | — | as long as short |
| 01 Exchange ARBUSD | −0.0120% | 1h | 0.2193 | −0.069% | $7K | $2K | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0117% | 1h | 0.2194 | −0.028% | $70K | $2.2M | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0114% | 1h | 0.2194 | −0.005% | $24K | $34K | 25x | as long as short |
| Gate ARB_USDT | −0.0106% | 8h | 0.2194 | −0.005% | $5.3M | $18.6M | 60x | as long as short |
| SoDEX ARB-USD | −0.0089% | 1h | 0.2194 | −0.028% | $10K | $2.3M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0078% | 8h | 0.2194 | −0.014% | $13K | $388K | 10x | as long as short |
Injective ARB/USDC PERP
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Variational Omni ARB
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Deribit ARB_USDC-PERPETUAL
Gate ARB_USDT
SoDEX ARB-USD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARBUSDT | −0.0050% | 8h | 0.2194 | −0.010% | $55.6M | $125.9M | 50x | as long as short |
| Kraken Futures PF_ARBUSDlong | −0.0006% | 1h | 0.2194 | long leg | $1.1M | $4.4M | 50x | |
| dYdX ARB-USD | 0.0000% | 1h | 0.2194 | −0.019% | $65K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2194 | +0.005% | $32K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0013% | 8h | 0.2195 | +0.031% | $64.0M | $306.8M | 75x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2194 | −0.035% | $349K | $2.5M | 25x | as long as short |
| ApeX Omni ARBUSDT | +0.0046% | 1h | 0.2199 | +0.213% | $119K | $283K | 50x | as long as short |
| BloFin ARB-USDT | +0.0055% | 8h | 0.2203 | +0.418% | $3.1M | $2.6M | 75x | as long as short |
| Bitget ARBUSDT | +0.0066% | 8h | 0.2195 | +0.031% | $20.9M | $34.6M | 50x | as long as short |
| BingX ARB-USDT | +0.0068% | 8h | 0.2194 | −0.028% | — | $53.8M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2196 | +0.060% | $139K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2194 | +0.004% | $1.2M | $5.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2195 | +0.031% | $37.9M | $48.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2195 | +0.040% | $634K | $1.6M | 20x | as long as short |
| Pacifica ARBshort | +0.0100% | 1h | 0.2196 | +0.086% | $43K | $169K | 10x | |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2194 | −0.005% | $19.4M | $15.2M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2206 | +0.552% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2197 | +0.136% | $467K | $3.6M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2196 | +0.077% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2195 | +0.036% | $298K | $956K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2195 | +0.031% | $4.9M | $12.9M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2198 | +0.145% | $492K | $2.0M | 50x | as long as short |
| RISEx ARB/USDC | +0.0225% | 1h | 0.2195 | +0.010% | $478K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2195 | +0.023% | $819K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2194 | −0.007% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0565% | 1h | 0.2197 | +0.104% | $992K | $2.8M | 20x | as long as short |
Bybit ARBUSDT
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
ApeX Omni ARBUSDT
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP