ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0142%/8h= +15.5% APRnext payment +$1.42 per $10,000 · paid last 24h +0.041%

Price spread now: Bitget against OKX−0.110%7-day average +0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$380.381% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.118%+$12 on $10k

Price spread, last 7 days+0.076%+$8 · spread now −0.110%, 7d avg +0.001%

Together, before fees+0.194%+$19 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.111% cheaper against OKX than usual: you would sell low and buy high (spread −0.110% now, against its 7-day average of +0.001%). If the spread goes back, that is −$11 on $10k: about 2.6 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.118% in total) that is about 6.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ARB-USDT-SWAP	0.2180	−0.0094	get 0.0094% / 8h	2h 42m	$21.6M	$142.2M	50x
Short	Bitget ARBUSDT	0.2178	0.0048	get 0.0048% / 8h	2h 42m	$20.8M	$34.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.110%Rate

Funding earned: $29.82
Price spread: −0.110% → +0.001%: −$11.06
Slippage, 4 orders: −$16.13
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$19.37
Costs to cover: 0.381%
Break-even: 11.5 days

Slippage from OKX: live order book, 1 min ago; Bitget: live order book, 1 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, 1 min ago	0.23 bp	9.3 bp −$9	21.7 bp −$217	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	2.29 bp	12.8 bp −$13	20.6 bp −$206	84.1 bp −$8,413	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	0.2172	−0.385%	$39K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0192%	1h	0.2181	+0.028%	$7K	$236	10x	as long as short
Polymarket Perps ARB-USD	−0.0165%	1h	0.2181	+0.009%	$72K	$2.1M	10x	as long as short
Variational Omni ARB	−0.0103%	8h	0.2176	−0.185%	$1.7M	$3.0M	—	as long as short
OKX ARB-USDT-SWAPlong	−0.0094%	8h	0.2180	long leg	$21.6M	$142.2M	50x
MEXC ARB_USDT	−0.0093%	8h	0.2179	−0.064%	$41.2M	$60.2M	200x	as long as short
Bybit ARBUSDT	−0.0078%	8h	0.2180	−0.041%	$54.2M	$123.6M	50x	as long as short
Kraken Futures PF_ARBUSD	−0.0075%	1h	0.2180	−0.017%	$1.0M	$4.4M	50x	as long as short
Orderly PERP_ARB_USDC	−0.0058%	8h	0.2180	−0.018%	$12K	$408K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2184	+0.145%	$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	0.2180	−0.028%	$23K	$33K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0009%	1h	0.2181	+0.007%	$44K	—	150x	as long as short
Gate ARB_USDT	+0.0044%	8h	0.2181	+0.009%	$5.4M	$18.1M	60x	as long as short
Bitget ARBUSDTshort	+0.0048%	8h	0.2178	−0.110%	$20.8M	$34.1M	50x
Extended ARB-USD	+0.0072%	1h	0.2178	−0.092%	$348K	$2.8M	25x	as long as short
Binance ARBUSDT	+0.0072%	8h	0.2181	+0.023%	$62.6M	$300.2M	75x	as long as short
BingX ARB-USDT	+0.0074%	8h	0.2180	−0.023%	—	$53.7M	—	as long as short
RISEx ARB/USDC	+0.0086%	1h	0.2182	+0.052%	$443K	$2.6M	10x	as long as short
Lighter ARB	+0.0096%	1h	0.2178	−0.087%	$1.2M	$5.5M	15x	as long as short
Aevo ARB-PERP	+0.0096%	1h	0.2180	−0.033%	$138K	$7K	3x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2179	−0.046%	$36.8M	$48.5M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2181	+0.040%	$628K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2183	+0.128%	$42K	$160K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2181	+0.018%	$19.5M	$14.5M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2179	−0.054%	$38K	$464K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2181	+0.028%	$464K	$3.5M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2180	−0.018%	$118K	$283K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2184	+0.165%	$2K	$1.1M	30x	as long as short
SoDEX ARB-USD	+0.0100%	1h	0.2179	−0.069%	$10K	$2.2M	5x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2180	0.000%	$290K	$894K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2180	−0.018%	$4.9M	$12.7M	50x	as long as short
BloFin ARB-USDT	+0.0192%	8h	0.2179	−0.078%	$3.0M	$2.4M	75x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2180	−0.021%	$823K	—	150x	as long as short
Coinbase International ARB-PERP-INTX	+0.0288%	1h	0.2180	−0.018%	$500K	$1.6M	50x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2181	+0.010%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0675%	1h	0.2181	+0.037%	$979K	$2.8M	20x	as long as short