Funding you earn now, next payment 08:00 UTC+0.0147%/8h= +16.1% APRnext payment +$1.47 per $10,000 · paid last 24h +0.048%
Price spread now: HTX against Orderly−0.113%7-day average −0.010% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.294%+$29 on $10k
+Price spread, last 4 days (all we have)+0.015%+$2 · spread now −0.113%, 7d avg −0.010%
=Funding pays, the price is against you. HTX is 0.103% cheaper against Orderly than usual: you would sell low and buy high (spread −0.113% now, against its 7-day average of −0.010%). If the spread goes back, that is −$10 on $10k: about 2.3 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ARB_USDC | 0.2207 | −0.0047 | get 0.0047% / 8h | 2h 16m | $12K | $407K | 10x |
| Short | HTX ARB-USDT | 0.2205 | 0.0100 | get 0.0100% / 8h | 2h 16m | $294K | $884K | 50x |
Orderly PERP_ARB_USDC
HTX ARB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Orderly. 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
- $30.86
- Price spread: −0.113% → −0.010%
- −$10.31
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $2.55
- Costs to cover
- 0.180%
- Break-even
- 6.4 days
Slippage unknown: Orderly: no order-book sample; HTX: live order book, 53 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell HTX live order book, 53 min ago | 13.35 bp | 36.0 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.2189 | −0.816% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0160% | 1h | 0.2207 | −0.005% | $7K | $236 | 10x | as long as short |
| Variational Omni ARB | −0.0098% | 8h | 0.2185 | −1.007% | $1.8M | $3.0M | — | as long as short |
| Bybit ARBUSDT | −0.0075% | 8h | 0.2204 | −0.154% | $54.8M | $125.1M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0074% | 1h | 0.2206 | −0.052% | $1.1M | $4.4M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0072% | 1h | 0.2207 | −0.009% | $79K | $2.1M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0056% | 8h | 0.2204 | −0.150% | $21.8M | $144.7M | 50x | as long as short |
| MEXC ARB_USDT | −0.0055% | 8h | 0.2205 | −0.091% | $41.7M | $61.6M | 200x | as long as short |
| Orderly PERP_ARB_USDClong | −0.0047% | 8h | 0.2207 | long leg | $12K | $407K | 10x | |
| dYdX ARB-USD | 0.0000% | 1h | 0.2207 | −0.018% | $65K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2206 | −0.045% | $23K | $33K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2207 | 0.000% | $44K | — | 150x | as long as short |
| Bitget ARBUSDT | +0.0057% | 8h | 0.2204 | −0.136% | $21.1M | $34.4M | 50x | as long as short |
| Gate ARB_USDT | +0.0082% | 8h | 0.2205 | −0.082% | $5.4M | $18.3M | 60x | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2207 | −0.007% | $447K | $2.6M | 10x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2205 | −0.077% | $1.3M | $5.5M | 15x | as long as short |
| BingX ARB-USDT | +0.0096% | 8h | 0.2205 | −0.104% | — | $53.8M | — | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2206 | −0.045% | $37.0M | $48.9M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2206 | −0.063% | $635K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2205 | −0.084% | $42K | $149K | 10x | as long as short |
| Binance ARBUSDT | +0.0100% | 8h | 0.2205 | −0.076% | $63.0M | $300.5M | 75x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2207 | −0.009% | $19.7M | $14.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2187 | −0.911% | $39K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2199 | −0.370% | $472K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2199 | −0.362% | $119K | $282K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2209 | +0.091% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2205 | −0.086% | $9K | $2.2M | 5x | as long as short |
| HTX ARB-USDTshort | +0.0100% | 8h | 0.2205 | −0.113% | $294K | $884K | 50x | |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2206 | −0.045% | $4.9M | $12.8M | 50x | as long as short |
| Extended ARB-USD | +0.0104% | 1h | 0.2204 | −0.146% | $351K | $2.8M | 25x | as long as short |
| Aevo ARB-PERP | +0.0104% | 1h | 0.2207 | −0.011% | $140K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0219% | 8h | 0.2200 | −0.317% | $3.0M | $2.4M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0159% | 1h | 0.2206 | −0.043% | $836K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2210 | +0.140% | $510K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2206 | −0.028% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0739% | 1h | 0.2208 | +0.036% | $990K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
Gate ARB_USDT
RISEx ARB/USDC
Lighter ARB
BingX ARB-USDT
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Binance ARBUSDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
Phemex ARBUSDT
Extended ARB-USD
Aevo ARB-PERP
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP