Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0071%/8h= −7.8% APRpaid last 24h −0.012%

Price spread now: Deribit against MEXC+0.076%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Deribit is 0.076% dearer against MEXC than usual: you sell high and buy low (spread +0.076% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ARB_USDT	0.2249	−0.0079	get 0.0079% / 8h	2h 31m	$37.9M	$63.5M	200x
Short	Deribit ARB_USDC-PERPETUAL	0.2251	−0.0150	pay 0.0019% / 1h	31m 04s	$38K	$20K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee DeribitbpOrdersPrice spread, now +0.076%Rate

Funding earned: −$14.91
Price spread: +0.076% → 0.000%: $7.56
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$14.35
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: MEXC: live order book, 3 min ago; Deribit: no order-book sample. Net counts fees only.

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 MEXC live order book, 3 min ago	0.22 bp	0.3 bp $0	7.5 bp −$75	39.5 bp −$3,950	74.2 bp −$37.1K
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.1675%	1h	0.2241	−0.360%	$40K	$197K	12x	as long as short
01 Exchange ARBUSD	−0.0296%	1h	0.2249	−0.022%	$7K	$2K	10x	as long as short
Bybit ARBUSDT	−0.0193%	8h	0.2250	+0.018%	$56.7M	$136.1M	50x	as long as short
Variational Omni ARB	−0.0178%	8h	0.2229	−0.873%	$1.9M	$2.8M	—	as long as short
Deribit ARB_USDC-PERPETUALshort	−0.0150%	1h	0.2251	+0.076%	$38K	$20K	25x
OKX ARB-USDT-SWAP	−0.0081%	8h	0.2248	−0.053%	$22.4M	$166.3M	50x	as long as short
MEXC ARB_USDTlong	−0.0079%	8h	0.2249	long leg	$37.9M	$63.5M	200x
SoDEX ARB-USD	−0.0061%	1h	0.2249	+0.004%	$4K	$2.9M	5x	as long as short
Kraken Futures PF_ARBUSD	−0.0053%	1h	0.2250	+0.056%	$1.1M	$5.3M	50x	as long as short
Orderly PERP_ARB_USDC	−0.0013%	8h	0.2250	+0.040%	$10K	$386K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ARB-USD	0.0000%	1h	0.2249	−0.001%	$66K	$4K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2251	+0.073%	$57K	—	150x	as long as short
Polymarket Perps ARB-USD	+0.0005%	1h	0.2249	+0.013%	$78K	$2.3M	10x	as long as short
Gate ARB_USDT	+0.0012%	8h	0.2249	0.000%	$5.5M	$21.6M	60x	as long as short
Binance ARBUSDT	+0.0012%	8h	0.2249	+0.006%	$64.0M	$326.0M	75x	as long as short
Extended ARB-USD	+0.0016%	1h	0.2248	−0.037%	$358K	$2.4M	25x	as long as short
BloFin ARB-USDT	+0.0048%	8h	0.2250	+0.031%	$3.0M	$3.3M	75x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2251	+0.105%	$147K	$12K	3x	as long as short
Bitget ARBUSDT	+0.0085%	8h	0.2249	−0.004%	$21.1M	$38.6M	50x	as long as short
BingX ARB-USDT	+0.0085%	8h	0.2249	−0.009%	—	$54.0M	—	as long as short
Lighter ARB	+0.0096%	1h	0.2251	+0.080%	$1.3M	$7.7M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2252	+0.120%	$40.3M	$53.1M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2251	+0.101%	$701K	$1.8M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2250	+0.044%	$46K	$205K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2251	+0.093%	$20.8M	$17.1M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2241	−0.366%	$36K	$452K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2237	−0.541%	$483K	$4.1M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2243	−0.271%	$121K	$297K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2250	+0.040%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2250	+0.031%	$277K	$1.2M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2250	+0.040%	$5.3M	$13.8M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0274% / S −0.0165%	1h	0.2251	+0.085%	$817K	—	150x	as long as short
Coinbase International ARB-PERP-INTX	+0.0288%	1h	0.2252	+0.147%	$502K	$2.5M	50x	as long as short
Reya ARBRUSDPERP	+0.0291%	1h	0.2249	−0.022%	$2K	$695	20x	as long as short
RISEx ARB/USDC	+0.0546%	1h	0.2251	+0.091%	$495K	$2.9M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0580%	1h	0.2253	+0.173%	$1.1M	$2.7M	20x	as long as short