Settings8H · net · $10k
Funding arb · Price arb /

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0113%/8h= +12.4% APRnext payment +$1.13 per $10,000 · paid last 24h +0.019%
Price spread now: Gate against OKX+0.057%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$580.581% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.031%+$3 on $10k
Price spread, last 7 days−0.040%−$4 · spread now +0.057%, 7d avg +0.015%
Together, before fees−0.009%−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Gate is 0.042% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ARB-USDT-SWAP0.2276−0.0109get 0.0109% / 8h31m 42s$23.0M$160.3M50x
ShortGate ARB_USDT0.22770.0004get 0.0004% / 8h31m 42s$5.5M$20.2M60x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$23.8
Price spread: +0.057% → +0.015%
$4.22
Slippage, 4 orders
−$33.07
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$30.05
Costs to cover
0.581%
Break-even
15.8 days
Slippage from OKX: live order book, 2 min ago; Gate: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 2 min ago0.22 bp11.2 bp −$1128.8 bp −$288doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago1.98 bp19.9 bp −$2033.6 bp −$336107.5 bp −$10.8Kdoesn't fit

ARB on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1785%1h0.2268−0.343%$41K$372K12xas long as short
Polymarket Perps ARB-USD−0.0279%1h0.2278+0.114%$75K$2.0M10xas long as short
Variational Omni ARB−0.0182%8h0.2273−0.110%$2.0M$2.8Mas long as short
01 Exchange ARBUSD−0.0168%1h0.2277+0.053%$7K$2K10xas long as short
Bybit ARBUSDT−0.0163%8h0.2276−0.009%$58.5M$128.9M50xas long as short
OKX ARB-USDT-SWAPlong−0.0109%8h0.2276long leg$23.0M$160.3M50x
MEXC ARB_USDT−0.0109%8h0.2276+0.013%$38.3M$59.7M200xas long as short
SoDEX ARB-USD−0.0070%1h0.2281+0.224%$4K$2.6M5xas long as short
Orderly PERP_ARB_USDC−0.0041%8h0.2281+0.228%$13K$395K10xas long as short
dYdX ARB-USD0.0000%1h0.2279+0.128%$67K$4K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2282+0.268%$26K$32K25xas long as short
Gate ARB_USDTshort+0.0004%8h0.2277+0.057%$5.5M$20.2M60x
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0005%1h0.2282+0.276%$56K150xas long as short
Extended ARB-USD+0.0008%1h0.2275−0.016%$363K$2.3M25xas long as short
Binance ARBUSDT+0.0011%8h0.2277+0.042%$66.7M$313.8M75xas long as short
BloFin ARB-USDT+0.0036%8h0.2278+0.114%$3.1M$2.8M75xas long as short
Bitget ARBUSDT+0.0066%8h0.2276+0.009%$21.5M$35.9M50xas long as short
BingX ARB-USDC+0.0067%8h0.2275−0.022%$6.5Mas long as short
Aevo ARB-PERP+0.0080%1h0.2282+0.262%$149K$12K3xas long as short
Lighter ARB+0.0096%1h0.2278+0.110%$1.4M$7.4M15xas long as short
Hyperliquid ARB+0.0100%1h0.2279+0.149%$41.5M$47.3M10xas long as short
Aster ARBUSDT+0.0100%8h0.2278+0.106%$710K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2278+0.094%$48K$185K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2277+0.053%$19.8M$16.2M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2274−0.070%$40K$462K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2275−0.051%$485K$3.7M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2273−0.123%$122K$295K50xas long as short
SunX ARB-USDT+0.0100%8h0.2283+0.316%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2277+0.070%$291K$1.1M50xas long as short
Phemex ARBUSDT+0.0100%8h0.2279+0.141%$5.2M$13.1M50xas long as short
Coinbase International ARB-PERP-INTX+0.0216%1h0.2282+0.272%$514K$2.3M50xas long as short
Kraken Futures PF_ARBUSD+0.0234%1h0.2283+0.304%$1.2M$4.9M50xas long as short
Reya ARBRUSDPERP+0.0290%1h0.2279+0.143%$2K$69520xas long as short
GMX ARB/USD [ARB-USDC]L +0.0296% / S −0.0186%1h0.2283+0.297%$931K150xas long as short
RISEx ARB/USDC+0.0330%1h0.2279+0.132%$504K$2.7M10xas long as short
Backpack ARB_USDC_PERP+0.0485%1h0.2283+0.334%$928K$2.8M20xas long as short