Funding you earn now, next payment 00:00 UTC+0.0216%/8h= +23.6% APRnext payment +$2.16 per $10,000 · paid last 24h +0.034%
Price spread now: SunX against OKX+0.257%57s7-day average +0.143% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1721.716% of the position
Funding, last 7 days+0.199%+$20 on $10k
+Price spread, last 3 days (all we have)+0.476%+$48 · spread now +0.257%, 7d avg +0.143%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and SunX is 0.114% dearer against OKX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.143%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ARB-USDT-SWAP | 0.2257 | −0.0116 | get 0.0116% / 8h | 0m 22s | $22.8M | $158.6M | 50x |
| Short | SunX ARB-USDT | 0.2263 | 0.0100 | get 0.0100% / 8h | 0m 22s | $2K | $1.1M | 30x |
OKX ARB-USDT-SWAP
SunX ARB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $45.26
- Price spread: +0.257% → +0.143%
- $11.37
- Slippage, 4 orders
- −$153.58
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$114.95
- Costs to cover
- 1.716%
- Break-even
- 24.8 days
Slippage from OKX: live order book, 4 min ago; SunX: live order book, 3 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, 4 min ago | 0.22 bp | 9.3 bp −$9 | 25.7 bp −$257 | doesn't fit | doesn't fit |
| Sell SunX live order book, 3 min ago | 30.89 bp | 94.0 bp −$94 | doesn't fit | 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 | −0.1785% | 1h | 0.2253 | −0.186% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0213% | 1h | 0.2258 | +0.053% | $66K | $2.0M | 10x | as long as short |
| 01 Exchange ARBUSD | −0.0208% | 1h | 0.2258 | +0.044% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0201% | 8h | 0.2259 | +0.073% | $2.0M | $2.8M | — | as long as short |
| SoDEX ARB-USD | −0.0185% | 1h | 0.2261 | +0.173% | $4K | $2.6M | 5x | as long as short |
| Bybit ARBUSDT | −0.0185% | 8h | 0.2256 | −0.031% | $58.2M | $128.0M | 50x | as long as short |
| OKX ARB-USDT-SWAPlong | −0.0116% | 8h | 0.2257 | long leg | $22.8M | $158.6M | 50x | |
| MEXC ARB_USDT | −0.0114% | 8h | 0.2258 | +0.018% | $38.3M | $60.2M | 200x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0059% | 1h | 0.2262 | +0.222% | $25K | $34K | 25x | as long as short |
| Orderly PERP_ARB_USDC | −0.0043% | 8h | 0.2258 | +0.035% | $13K | $394K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
01 Exchange ARBUSD
Variational Omni ARB
SoDEX ARB-USD
Bybit ARBUSDT
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ARB_USDT | −0.0019% | 8h | 0.2258 | +0.049% | $5.4M | $20.3M | 60x | as long as short |
| Binance ARBUSDT | −0.0003% | 8h | 0.2257 | +0.008% | $66.5M | $313.2M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2262 | +0.198% | $67K | $4K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2259 | +0.060% | $361K | $2.3M | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2259 | +0.080% | $56K | — | 150x | as long as short |
| Bitget ARBUSDT | +0.0049% | 8h | 0.2258 | +0.035% | $21.3M | $36.1M | 50x | as long as short |
| BingX ARB-USDT | +0.0052% | 8h | 0.2257 | 0.000% | — | $54.1M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2262 | +0.198% | $148K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2262 | +0.226% | $1.4M | $7.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2261 | +0.164% | $41.0M | $47.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2260 | +0.127% | $702K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2262 | +0.208% | $47K | $183K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2259 | +0.066% | $19.7M | $16.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2264 | +0.318% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2262 | +0.214% | $482K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2266 | +0.390% | $122K | $295K | 50x | as long as short |
| SunX ARB-USDTshort | +0.0100% | 8h | 0.2263 | +0.257% | $2K | $1.1M | 30x | |
| HTX ARB-USDT | +0.0100% | 8h | 0.2261 | +0.168% | $291K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2261 | +0.168% | $5.2M | $13.0M | 50x | as long as short |
| BloFin ARB-USDT | +0.0117% | 8h | 0.2260 | +0.128% | $3.1M | $2.8M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2266 | +0.390% | $511K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0236% | 1h | 0.2263 | +0.265% | $1.1M | $4.9M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2257 | +0.013% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0297% / S −0.0186% | 1h | 0.2259 | +0.073% | $925K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2262 | +0.213% | $513K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0460% | 1h | 0.2265 | +0.323% | $1.0M | $2.8M | 20x | as long as short |
Gate ARB_USDT
Binance ARBUSDT
dYdX ARB-USD
Extended ARB-USD
gTrade (Gains Network) ARB/USD
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
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
Kraken Futures PF_ARBUSD
Reya ARBRUSDPERP
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP