Funding you earn now, next payment 04:00 UTC+0.0139%/8h= +15.2% APRpaid last 24h −0.006%
Price spread now: Deribit against OKX+0.005%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ARB-USDT-SWAP | 0.2195 | −0.0139 | get 0.0139% / 8h | 4h 51m | $22.1M | $147.6M | 50x |
| Short | Deribit ARB_USDC-PERPETUAL | 0.2195 | 0 | get 0.0000% / 1h | 51m 07s | $24K | $34K | 25x |
OKX ARB-USDT-SWAP
Deribit ARB_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against OKX. 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
- $29.15
- Price spread: +0.005% → 0.000%
- $0.46
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $12.61
- Costs to cover
- 0.170%
- Break-even
- 4.0 days
Slippage unknown: OKX: 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 OKX live order book, 3 min ago | 0.23 bp | 8.5 bp −$8 | 19.9 bp −$199 | doesn't fit | doesn't fit |
| 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 | −0.1649% | 1h | 0.2183 | −0.529% | $39K | $372K | 12x | as long as short |
| MEXC ARB_USDT | −0.0139% | 8h | 0.2194 | −0.014% | $40.7M | $59.5M | 200x | as long as short |
| OKX ARB-USDT-SWAPlong | −0.0139% | 8h | 0.2195 | long leg | $22.1M | $147.6M | 50x | |
| 01 Exchange ARBUSD | −0.0128% | 1h | 0.2195 | +0.014% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0117% | 8h | 0.2192 | −0.102% | $1.8M | $2.9M | — | as long as short |
| Polymarket Perps ARB-USD | −0.0105% | 1h | 0.2195 | +0.005% | $70K | $2.2M | 10x | as long as short |
| Gate ARB_USDT | −0.0102% | 8h | 0.2194 | −0.009% | $5.3M | $18.6M | 60x | as long as short |
| Orderly PERP_ARB_USDC | −0.0078% | 8h | 0.2194 | −0.027% | $13K | $388K | 10x | as long as short |
| SoDEX ARB-USD | −0.0062% | 1h | 0.2194 | −0.032% | $10K | $2.3M | 5x | as long as short |
| Bybit ARBUSDT | −0.0044% | 8h | 0.2194 | −0.036% | $55.6M | $125.9M | 50x | as long as short |
Injective ARB/USDC PERP
MEXC ARB_USDT
01 Exchange ARBUSD
Variational Omni ARB
Polymarket Perps ARB-USD
Gate ARB_USDT
Orderly PERP_ARB_USDC
SoDEX ARB-USD
Bybit ARBUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARBUSD | −0.0006% | 1h | 0.2195 | +0.014% | $1.1M | $4.4M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2194 | −0.027% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUALshort | 0.0000% | 1h | 0.2195 | +0.005% | $24K | $34K | 25x | |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2195 | +0.005% | $32K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2193 | −0.084% | $349K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0010% | 8h | 0.2199 | +0.195% | $64.1M | $306.5M | 75x | as long as short |
| BloFin ARB-USDT | +0.0039% | 8h | 0.2195 | 0.000% | $3.1M | $2.6M | 75x | as long as short |
| Bitget ARBUSDT | +0.0066% | 8h | 0.2193 | −0.073% | $20.9M | $34.6M | 50x | as long as short |
| BingX ARB-USDT | +0.0068% | 8h | 0.2195 | 0.000% | — | $53.8M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2195 | +0.013% | $139K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2194 | −0.023% | $1.2M | $5.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2195 | +0.023% | $37.9M | $48.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2195 | +0.027% | $634K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2195 | +0.014% | $43K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2195 | 0.000% | $19.4M | $15.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2204 | +0.432% | $40K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2205 | +0.474% | $470K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2204 | +0.428% | $119K | $282K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2196 | +0.064% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2195 | +0.032% | $298K | $955K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2195 | +0.018% | $4.9M | $12.9M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2197 | +0.109% | $492K | $2.0M | 50x | as long as short |
| RISEx ARB/USDC | +0.0225% | 1h | 0.2197 | +0.091% | $478K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2195 | +0.008% | $819K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2194 | −0.047% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0552% | 1h | 0.2198 | +0.150% | $992K | $2.8M | 20x | as long as short |
Kraken Futures PF_ARBUSD
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
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