Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0236%/8h= +25.9% APRpaid last 24h +0.046%

Price spread now: edgeX against OKX+0.478%7-day average +0.062% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$14as in the Price arb table

costs, in and out, $10k−$560.555% of the position

Long on OKX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.218%+$22 on $10k

Price spread, last 4 days (all we have)−0.245%−$24 · spread now +0.478%, 7d avg +0.062%

Together, before fees−0.027%+ Points / potential airdropedgeX: Active · farm board−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and edgeX is 0.416% dearer against OKX than usual: you sell high and buy low: +$42 more if the spread goes back to its 7-day average of +0.062%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ARB-USDT-SWAP	0.2194	−0.0136	get 0.0136% / 8h	4h 49m	$22.2M	$147.6M	50x
Short	edgeX ARBUSDC	0.2204	0.0100	get 0.0050% / 4h	49m 12s	$40K	$462K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.478%Rate

Funding earned: $49.62
Price spread: +0.478% → +0.062%: $41.58
Slippage, 4 orders: −$36.51
Fee OKX: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $35.69
Costs to cover: 0.555%
Break-even: 2.0 days

Slippage from OKX: live order book, 5 min ago; edgeX: live order book, 9 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, 5 min ago	0.23 bp	8.5 bp −$8	19.9 bp −$199	doesn't fit	doesn't fit
Sell edgeX live order book, 9 min ago	11.35 bp	17.9 bp −$18	122.9 bp −$1,229	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	0.2185	−0.392%	$39K	$372K	12x	as long as short
OKX ARB-USDT-SWAPlong	−0.0136%	8h	0.2194	long leg	$22.2M	$147.6M	50x
01 Exchange ARBUSD	−0.0136%	1h	0.2192	−0.077%	$7K	$2K	10x	as long as short
MEXC ARB_USDT	−0.0136%	8h	0.2193	−0.005%	$40.6M	$59.6M	200x	as long as short
Polymarket Perps ARB-USD	−0.0126%	1h	0.2192	−0.077%	$70K	$2.1M	10x	as long as short
Variational Omni ARB	−0.0117%	8h	0.2192	−0.056%	$1.8M	$2.9M	—	as long as short
Gate ARB_USDT	−0.0098%	8h	0.2193	−0.014%	$5.3M	$18.6M	60x	as long as short
Orderly PERP_ARB_USDC	−0.0078%	8h	0.2193	−0.027%	$13K	$388K	10x	as long as short
Bybit ARBUSDT	−0.0046%	8h	0.2193	−0.009%	$55.5M	$125.9M	50x	as long as short
Kraken Futures PF_ARBUSD	−0.0006%	1h	0.2195	+0.065%	$1.1M	$4.4M	50x	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	0.2196	+0.091%	$65K	$5K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2194	+0.005%	$24K	$34K	25x	as long as short
SoDEX ARB-USD	+0.0003%	1h	0.2193	−0.005%	$10K	$2.3M	5x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2193	−0.009%	$32K	—	150x	as long as short
Extended ARB-USD	+0.0008%	1h	0.2192	−0.091%	$349K	$2.5M	25x	as long as short
Binance ARBUSDT	+0.0010%	8h	0.2194	+0.036%	$64.0M	$306.6M	75x	as long as short
BloFin ARB-USDT	+0.0041%	8h	0.2195	+0.050%	$3.1M	$2.6M	75x	as long as short
Bitget ARBUSDT	+0.0066%	8h	0.2192	−0.073%	$20.8M	$34.6M	50x	as long as short
BingX ARB-USDT	+0.0068%	8h	0.2193	−0.018%	—	$53.8M	—	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2195	+0.052%	$139K	$7K	3x	as long as short
Phemex ARBUSDT	+0.0087%	8h	0.2194	+0.018%	$4.9M	$12.9M	50x	as long as short
Lighter ARB	+0.0096%	1h	0.2194	+0.014%	$1.2M	$5.7M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2195	+0.055%	$37.9M	$48.7M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2196	+0.091%	$634K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2195	+0.062%	$42K	$169K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2194	+0.032%	$19.4M	$15.1M	75x	as long as short
edgeX ARBUSDCshort	+0.0100%	4h	0.2204	+0.478%	$40K	$462K	20x
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2205	+0.520%	$470K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2196	+0.109%	$118K	$282K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2196	+0.109%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2195	+0.046%	$298K	$956K	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0224%	1h	0.2198	+0.182%	$492K	$2.0M	50x	as long as short
RISEx ARB/USDC	+0.0225%	1h	0.2194	+0.001%	$476K	$2.6M	10x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2193	−0.026%	$818K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2192	−0.081%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0573%	1h	0.2197	+0.141%	$992K	$2.8M	20x	as long as short