ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.12 per $10,000 · paid last 24h −0.002%

Price spread now: Orderly against OKX+0.023%7-day average +0.054% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.077%−$8 on $10k

Price spread, last 4 days (all we have)+0.652%+$65 · spread now +0.023%, 7d avg +0.054%

Together, before fees+0.576%+$58 on $10k · with fees, hour by hour

Funding pays, the price is against you. Orderly is 0.031% cheaper against OKX than usual: you would sell low and buy high (spread +0.023% now, against its 7-day average of +0.054%). If the spread goes back, that is −$3 on $10k: about 8.4 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.077%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ARB-USDT-SWAP	0.2185	−0.0060	get 0.0060% / 8h	2h 21m	$21.6M	$143.2M	50x
Short	Orderly PERP_ARB_USDC	0.2186	−0.0048	pay 0.0048% / 8h	2h 21m	$12K	$409K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.023%Rate

Funding earned: $2.59
Price spread: +0.023% → +0.054%: −$3.11
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$16.52
Costs to cover: 0.160%
Break-even: 51.7 days

Slippage unknown: OKX: live order book, 3 min ago; Orderly: 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	7.9 bp −$8	18.1 bp −$181	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	−0.1581%	1h	0.2176	−0.435%	$39K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0168%	1h	0.2188	+0.128%	$7K	$236	10x	as long as short
Variational Omni ARB	−0.0096%	8h	0.2174	−0.508%	$1.8M	$3.0M	—	as long as short
Polymarket Perps ARB-USD	−0.0094%	1h	0.2186	+0.041%	$78K	$2.1M	10x	as long as short
Bybit ARBUSDT	−0.0076%	8h	0.2186	+0.014%	$54.6M	$124.2M	50x	as long as short
Kraken Futures PF_ARBUSD	−0.0074%	1h	0.2188	+0.093%	$1.0M	$4.4M	50x	as long as short
OKX ARB-USDT-SWAPlong	−0.0060%	8h	0.2185	long leg	$21.6M	$143.2M	50x
MEXC ARB_USDT	−0.0060%	8h	0.2188	+0.124%	$41.6M	$61.4M	200x	as long as short
Orderly PERP_ARB_USDCshort	−0.0048%	8h	0.2186	+0.023%	$12K	$409K	10x
dYdX ARB-USD	0.0000%	1h	0.2188	+0.096%	$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	0.2187	+0.059%	$23K	$33K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0009%	1h	0.2187	+0.087%	$44K	—	150x	as long as short
Bitget ARBUSDT	+0.0057%	8h	0.2187	+0.069%	$20.9M	$34.2M	50x	as long as short
Gate ARB_USDT	+0.0076%	8h	0.2187	+0.073%	$5.4M	$18.2M	60x	as long as short
BingX ARB-USDC	+0.0081%	8h	0.2187	+0.078%	—	$6.5M	—	as long as short
RISEx ARB/USDC	+0.0086%	1h	0.2188	+0.118%	$444K	$2.6M	10x	as long as short
Extended ARB-USD	+0.0088%	1h	0.2184	−0.054%	$347K	$2.8M	25x	as long as short
Binance ARBUSDT	+0.0090%	8h	0.2187	+0.067%	$62.5M	$300.1M	75x	as long as short
Lighter ARB	+0.0096%	1h	0.2187	+0.087%	$1.3M	$5.5M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2188	+0.124%	$36.6M	$48.7M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2187	+0.075%	$630K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2188	+0.129%	$42K	$160K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2188	+0.119%	$19.5M	$14.4M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2182	−0.173%	$39K	$463K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2182	−0.169%	$464K	$3.5M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2182	−0.160%	$118K	$282K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2191	+0.252%	$2K	$1.1M	30x	as long as short
SoDEX ARB-USD	+0.0100%	1h	0.2186	+0.014%	$9K	$2.2M	5x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2186	+0.027%	$292K	$890K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2184	−0.069%	$4.9M	$12.7M	50x	as long as short
Aevo ARB-PERP	+0.0104%	1h	0.2187	+0.087%	$139K	$7K	3x	as long as short
BloFin ARB-USDT	+0.0208%	8h	0.2183	−0.119%	$3.0M	$2.4M	75x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0277% / S −0.0159%	1h	0.2186	+0.042%	$828K	—	150x	as long as short
Coinbase International ARB-PERP-INTX	+0.0288%	1h	0.2191	+0.252%	$508K	$1.6M	50x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2186	+0.041%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0700%	1h	0.2191	+0.233%	$982K	$2.8M	20x	as long as short