ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0113%/8h= +12.3% APRnext payment +$1.13 per $10,000 · paid last 24h +0.021%

Price spread now: Binance against OKX−0.013%7-day average +0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$340.337% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.064%+$6 on $10k

Price spread, last 7 days+0.018%+$2 · spread now −0.013%, 7d avg +0.029%

Together, before fees+0.083%+$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.042% cheaper against OKX than usual: you would sell low and buy high (spread −0.013% now, against its 7-day average of +0.029%). If the spread goes back, that is −$4 on $10k: about 30 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.064% in total) that is about 4.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ARB-USDT-SWAP	0.2262	−0.0113	get 0.0113% / 8h	7m 17s	$22.8M	$159.1M	50x
Short	Binance ARBUSDT	0.2262	0.0000	pay 0.0000% / 8h	7m 17s	$66.6M	$313.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now −0.013%Rate

Funding earned: $23.67
Price spread: −0.013% → +0.029%: −$4.25
Slippage, 4 orders: −$13.75
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$14.33
Costs to cover: 0.337%
Break-even: 11.2 days

Slippage from OKX: live order book, 2 min ago; Binance: 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 OKX live order book, 2 min ago	0.22 bp	9.5 bp −$9	19.6 bp −$196	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	0.22 bp	6.8 bp −$7	19.2 bp −$192	67.3 bp −$6,728	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	−0.1785%	1h	0.2256	−0.261%	$41K	$372K	12x	as long as short
Polymarket Perps ARB-USD	−0.0240%	1h	0.2261	−0.057%	$66K	$2.0M	10x	as long as short
01 Exchange ARBUSD	−0.0208%	1h	0.2260	−0.084%	$7K	$2K	10x	as long as short
Variational Omni ARB	−0.0192%	8h	0.2264	+0.072%	$2.0M	$2.8M	—	as long as short
Bybit ARBUSDT	−0.0180%	8h	0.2261	−0.040%	$58.2M	$128.1M	50x	as long as short
SoDEX ARB-USD	−0.0179%	1h	0.2261	−0.022%	$4K	$2.6M	5x	as long as short
OKX ARB-USDT-SWAPlong	−0.0113%	8h	0.2262	long leg	$22.8M	$159.1M	50x
MEXC ARB_USDT	−0.0112%	8h	0.2260	−0.084%	$38.4M	$60.2M	200x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0103%	1h	0.2262	+0.018%	$25K	$34K	25x	as long as short
Orderly PERP_ARB_USDC	−0.0042%	8h	0.2262	+0.004%	$13K	$394K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ARB_USDT	−0.0016%	8h	0.2262	−0.004%	$5.4M	$20.3M	60x	as long as short
Binance ARBUSDTshort	0.0000%	8h	0.2262	−0.013%	$66.6M	$313.3M	75x
dYdX ARB-USD	0.0000%	1h	0.2263	+0.034%	$67K	$4K	10x	as long as short
Extended ARB-USD	0.0000%	1h	0.2261	−0.045%	$361K	$2.3M	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2264	+0.075%	$56K	—	150x	as long as short
BloFin ARB-USDT	+0.0053%	8h	0.2262	+0.009%	$3.1M	$2.8M	75x	as long as short
Bitget ARBUSDT	+0.0053%	8h	0.2261	−0.040%	$21.3M	$35.9M	50x	as long as short
BingX ARB-USDT	+0.0054%	8h	0.2261	−0.035%	—	$54.1M	—	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2263	+0.049%	$148K	$12K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2263	+0.057%	$1.4M	$7.5M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2263	+0.057%	$41.0M	$47.6M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2264	+0.084%	$706K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2263	+0.069%	$47K	$183K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2262	−0.004%	$19.6M	$16.1M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2263	+0.029%	$40K	$461K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2263	+0.049%	$485K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2264	+0.093%	$122K	$295K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2264	+0.093%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2262	−0.013%	$291K	$1.1M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2262	+0.004%	$5.2M	$13.0M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0216%	1h	0.2268	+0.270%	$512K	$2.3M	50x	as long as short
Kraken Futures PF_ARBUSD	+0.0236%	1h	0.2264	+0.090%	$1.1M	$4.9M	50x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2261	−0.062%	$2K	$695	20x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0297% / S −0.0186%	1h	0.2263	+0.042%	$925K	—	150x	as long as short
RISEx ARB/USDC	+0.0330%	1h	0.2263	+0.033%	$514K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0462%	1h	0.2268	+0.274%	$1.0M	$2.8M	20x	as long as short