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

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0209%/8h= +22.9% APRnext payment +$2.09 per $10,000 · paid last 24h +0.046%
Price spread now: HTX against OKX+0.182%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$720.720% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.218%+$22 on $10k
Price spread, last 3 days (all we have)+0.235%+$24 · spread now +0.182%, 7d avg +0.049%
Together, before fees+0.453%+$45 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and HTX is 0.133% dearer against OKX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.049%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ARB-USDT-SWAP0.2258−0.0109get 0.0109% / 8h7h 06m$23.0M$157.3M50x
ShortHTX ARB-USDT0.22620.0100get 0.0100% / 8h7h 06m$295K$976K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$43.99
Price spread: +0.182% → +0.049%
$13.28
Slippage, 4 orders
−$50
Fee OKX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$14.73
Costs to cover
0.720%
Break-even
9.3 days
Slippage from OKX: live order book, 3 min ago; HTX: live order book, 27 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, 3 min ago0.22 bp9.1 bp −$924.1 bp −$241doesn't fitdoesn't fit
Sell HTX live order book, 27 min ago9.56 bp18.8 bp −$19doesn't fitdoesn't fitdoesn'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−0.1666%1h0.2253−0.204%$41K$372K12xas long as short
Deribit ARB_USDC-PERPETUAL−0.0280%1h0.2262+0.208%$25K$34K25xas long as short
Variational Omni ARB−0.0197%8h0.2259+0.077%$2.0M$2.8Mas long as short
01 Exchange ARBUSD−0.0152%1h0.2258+0.018%$7K$2K10xas long as short
Kraken Futures PF_ARBUSD−0.0138%1h0.2262+0.217%$1.2M$4.9M50xas long as short
OKX ARB-USDT-SWAPlong−0.0109%8h0.2258long leg$23.0M$157.3M50x
MEXC ARB_USDT−0.0109%8h0.2259+0.071%$39.4M$59.5M200xas long as short
Bybit ARBUSDT−0.0108%8h0.22580.000%$58.7M$126.9M50xas long as short
SoDEX ARB-USD−0.0081%1h0.2262+0.182%$10K$2.5M5xas long as short
Orderly PERP_ARB_USDC−0.0050%8h0.2261+0.151%$13K$389K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ARB-USD0.0000%1h0.2262+0.176%$67K$4K10xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0013%1h0.2262+0.177%$11K150xas long as short
Binance ARBUSDT+0.0021%8h0.2259+0.067%$66.8M$310.8M75xas long as short
Extended ARB-USD+0.0024%1h0.2261+0.145%$360K$2.5M25xas long as short
BloFin ARB-USDT+0.0084%8h0.2265+0.323%$3.2M$2.9M75xas long as short
Aevo ARB-PERP+0.0088%1h0.2263+0.221%$143K$7K3xas long as short
BingX ARB-USDC+0.0094%8h0.2261+0.159%$6.5Mas long as short
Lighter ARB+0.0096%1h0.2261+0.159%$1.4M$7.3M15xas long as short
Hyperliquid ARB+0.0100%1h0.2262+0.177%$41.0M$47.2M10xas long as short
Aster ARBUSDT+0.0100%8h0.2263+0.248%$705K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2262+0.214%$45K$183K10xas long as short
Gate ARB_USDT+0.0100%8h0.2261+0.133%$5.5M$20.0M60xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2261+0.142%$19.7M$15.8M75xas long as short
Bitget ARBUSDT+0.0100%8h0.2254−0.159%$21.6M$35.8M50xas long as short
edgeX ARBUSDC+0.0100%4h0.2273+0.680%$41K$462K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2275+0.773%$488K$3.5M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2273+0.682%$122K$296K50xas long as short
Polymarket Perps ARB-USD+0.0100%1h0.2262+0.177%$65K$2.0M10xas long as short
SunX ARB-USDT+0.0100%8h0.2261+0.151%$1K$1.1M30xas long as short
HTX ARB-USDTshort+0.0100%8h0.2262+0.182%$295K$976K50x
Phemex ARBUSDT+0.0100%8h0.2263+0.239%$5.2M$12.9M50xas long as short
Coinbase International ARB-PERP-INTX+0.0232%1h0.2262+0.195%$520K$2.3M50xas long as short
Reya ARBRUSDPERP+0.0290%1h0.2260+0.107%$2K$69520xas long as short
GMX ARB/USD [ARB-USDC]L +0.0296% / S −0.0186%1h0.2261+0.169%$924K150xas long as short
RISEx ARB/USDC+0.0384%1h0.2262+0.210%$517K$2.6M10xas long as short
Backpack ARB_USDC_PERP+0.0591%1h0.2268+0.483%$1.0M$2.8M20xas long as short