Funding you earn now, next payment 23:00 UTC+0.0123%/8h= +13.4% APRpaid last 24h +0.050%
Price spread now: Pacifica against Orderly+0.071%7-day average −0.006% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.284%+$28 on $10k
+Price spread, last 3 days (all we have)−1.286%−$129 · spread now +0.071%, 7d avg −0.006%
=Together, before fees−1.002%+ Points / potential airdropPacifica: Active · farm board−$100 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Pacifica is 0.076% dearer against Orderly than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ARB_USDC | 0.2223 | −0.0023 | get 0.0023% / 8h | 1h 55m | $10K | $391K | 10x |
| Short | Pacifica ARB | 0.2225 | 0.0100 | get 0.0013% / 1h | 55m 34s | $44K | $200K | 10x |
Orderly PERP_ARB_USDC
Pacifica ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $25.77
- Price spread: +0.071% → −0.006%
- $7.61
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $19.39
- Costs to cover
- 0.140%
- Break-even
- 1.7 days
Slippage unknown: Orderly: no order-book sample; Pacifica: live order book, 27 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 Pacifica live order book, 27 min ago | 7.80 bp | 13.0 bp −$13 | 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 | −0.1770% | 1h | 0.2210 | −0.585% | $40K | $283K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0200% | 1h | 0.2225 | +0.112% | $7K | $2K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0199% | 1h | 0.2224 | +0.031% | $26K | $32K | 25x | as long as short |
| Variational Omni ARB | −0.0153% | 8h | 0.2215 | −0.366% | $1.8M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0131% | 8h | 0.2226 | +0.153% | $57.3M | $136.2M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0109% | 8h | 0.2227 | +0.193% | $22.2M | $163.5M | 50x | as long as short |
| MEXC ARB_USDT | −0.0109% | 8h | 0.2227 | +0.175% | $36.7M | $62.0M | 200x | as long as short |
| Orderly PERP_ARB_USDClong | −0.0023% | 8h | 0.2223 | long leg | $10K | $391K | 10x | |
| Binance ARBUSDT | −0.0016% | 8h | 0.2226 | +0.139% | $63.4M | $323.7M | 75x | as long as short |
| Extended ARB-USD | −0.0016% | 1h | 0.2223 | +0.017% | $353K | $2.4M | 25x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Deribit ARB_USDC-PERPETUAL
Variational Omni ARB
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Binance ARBUSDT
Extended ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2225 | +0.081% | $66K | $4K | 10x | as long as short |
| SoDEX ARB-USD | +0.0001% | 1h | 0.2223 | +0.004% | $4K | $2.9M | 5x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2224 | +0.034% | $55K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0010% | 8h | 0.2225 | +0.085% | $5.5M | $20.6M | 60x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2224 | +0.050% | $145K | $12K | 3x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2226 | +0.136% | $1.1M | $5.2M | 50x | as long as short |
| Bitget ARBUSDT | +0.0088% | 8h | 0.2228 | +0.225% | $20.9M | $38.1M | 50x | as long as short |
| BingX ARB-USDT | +0.0089% | 8h | 0.2224 | +0.027% | — | $53.8M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2226 | +0.117% | $1.3M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2229 | +0.288% | $39.8M | $52.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2225 | +0.076% | $691K | $1.7M | 20x | as long as short |
| Pacifica ARBshort | +0.0100% | 1h | 0.2225 | +0.071% | $44K | $200K | 10x | |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2225 | +0.112% | $20.5M | $17.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2218 | −0.220% | $36K | $456K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2220 | −0.138% | $477K | $4.0M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2221 | −0.090% | $120K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2227 | +0.180% | $76K | $2.2M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2226 | +0.135% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2224 | +0.054% | $274K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2222 | −0.045% | $5.2M | $13.6M | 50x | as long as short |
| BloFin ARB-USDT | +0.0101% | 8h | 0.2222 | −0.049% | $3.0M | $3.2M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2225 | +0.090% | $505K | $2.5M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0152% | 1h | 0.2224 | +0.042% | $844K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2227 | +0.157% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2227 | +0.159% | $491K | $2.8M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0691% | 1h | 0.2227 | +0.171% | $1.1M | $2.7M | 20x | as long as short |
dYdX ARB-USD
SoDEX ARB-USD
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Aevo ARB-PERP
Kraken Futures PF_ARBUSD
Bitget ARBUSDT
BingX ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP