Funding you earn now, next payment 00:00 UTC−0.0066%/8h= −7.3% APRnext payment −$0.66 per $10,000 · paid last 24h +0.016%
Price spread now: MEXC against Orderly−0.036%7-day average −0.023% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.089%+$9 on $10k
+Price spread, last 3 days (all we have)−1.340%−$134 · spread now −0.036%, 7d avg −0.023%
=The price spread sits at its 7-day average of −0.023%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.089%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ARB_USDC | 0.2250 | −0.0013 | get 0.0013% / 8h | 2h 31m | $10K | $386K | 10x |
| Short | MEXC ARB_USDT | 0.2249 | −0.0079 | pay 0.0079% / 8h | 2h 31m | $37.9M | $63.5M | 200x |
Orderly PERP_ARB_USDC
MEXC ARB_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$13.96
- Price spread: −0.036% → −0.023%
- −$1.25
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$21.21
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; MEXC: live order book, 3 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 MEXC live order book, 3 min ago | 0.22 bp | 1.4 bp −$1 | 18.5 bp −$185 | 42.7 bp −$4,268 | 76.0 bp −$38.0K |
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 | −0.1675% | 1h | 0.2241 | −0.400% | $40K | $197K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0296% | 1h | 0.2249 | −0.062% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0193% | 8h | 0.2250 | −0.004% | $56.7M | $136.1M | 50x | as long as short |
| Variational Omni ARB | −0.0178% | 8h | 0.2229 | −0.912% | $1.9M | $2.8M | — | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0150% | 1h | 0.2251 | +0.036% | $38K | $20K | 25x | as long as short |
| OKX ARB-USDT-SWAP | −0.0081% | 8h | 0.2248 | −0.084% | $22.4M | $166.3M | 50x | as long as short |
| MEXC ARB_USDTshort | −0.0079% | 8h | 0.2249 | −0.036% | $37.9M | $63.5M | 200x | |
| SoDEX ARB-USD | −0.0061% | 1h | 0.2249 | −0.036% | $4K | $2.9M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2250 | +0.016% | $1.1M | $5.3M | 50x | as long as short |
| Orderly PERP_ARB_USDClong | −0.0013% | 8h | 0.2250 | long leg | $10K | $386K | 10x |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Bybit ARBUSDT
Variational Omni ARB
Deribit ARB_USDC-PERPETUAL
OKX ARB-USDT-SWAP
SoDEX ARB-USD
Kraken Futures PF_ARBUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2249 | −0.041% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2251 | +0.033% | $57K | — | 150x | as long as short |
| Polymarket Perps ARB-USD | +0.0005% | 1h | 0.2249 | −0.027% | $78K | $2.3M | 10x | as long as short |
| Gate ARB_USDT | +0.0012% | 8h | 0.2249 | −0.040% | $5.5M | $21.6M | 60x | as long as short |
| Binance ARBUSDT | +0.0012% | 8h | 0.2249 | −0.031% | $64.0M | $326.0M | 75x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2249 | −0.057% | $358K | $2.4M | 25x | as long as short |
| BloFin ARB-USDT | +0.0048% | 8h | 0.2250 | −0.009% | $3.0M | $3.3M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2251 | +0.065% | $147K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0085% | 8h | 0.2249 | −0.044% | $21.1M | $38.6M | 50x | as long as short |
| BingX ARB-USDT | +0.0085% | 8h | 0.2249 | −0.049% | — | $54.0M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2251 | +0.040% | $1.3M | $7.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2252 | +0.080% | $40.3M | $53.1M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2251 | +0.037% | $700K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2250 | +0.004% | $46K | $205K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2251 | +0.053% | $20.8M | $17.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2241 | −0.405% | $36K | $452K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2237 | −0.581% | $483K | $4.1M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2243 | −0.311% | $121K | $297K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2250 | 0.000% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2250 | −0.009% | $277K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2250 | 0.000% | $5.3M | $13.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0165% | 1h | 0.2251 | +0.045% | $817K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2252 | +0.107% | $502K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2249 | −0.062% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2251 | +0.051% | $495K | $2.9M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0580% | 1h | 0.2253 | +0.133% | $1.1M | $2.7M | 20x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Polymarket Perps ARB-USD
Gate ARB_USDT
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
Aevo ARB-PERP
Bitget ARBUSDT
BingX ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP