Funding you earn now, next payment 04:00 UTC+0.0131%/8h= +14.3% APRpaid last 24h −0.004%
Price spread now: SoDEX against Orderly+0.100%7-day average −0.013% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)−0.171%−$17 · spread now +0.100%, 7d avg −0.013%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and SoDEX is 0.113% dearer against Orderly than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ARB_USDC | 0.2202 | −0.0079 | get 0.0079% / 8h | 4h 46m | $12K | $388K | 10x |
| Short | SoDEX ARB-USD | 0.2204 | 0.0052 | get 0.0007% / 1h | 46m 14s | $10K | $2.3M | 5x |
Orderly PERP_ARB_USDC
SoDEX ARB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $27.46
- Price spread: +0.100% → −0.013%
- $11.26
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $24.72
- Costs to cover
- 0.140%
- Break-even
- 0.7 days
Slippage unknown: Orderly: no order-book sample; SoDEX: 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 SoDEX live order book, 3 min ago | 0.23 bp | 5.6 bp −$6 | 17.4 bp −$174 | 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 | −0.1649% | 1h | 0.2188 | −0.636% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0144% | 1h | 0.2201 | −0.054% | $7K | $2K | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0135% | 8h | 0.2206 | +0.177% | $22.3M | $148.3M | 50x | as long as short |
| MEXC ARB_USDT | −0.0134% | 8h | 0.2205 | +0.114% | $40.7M | $59.6M | 200x | as long as short |
| Polymarket Perps ARB-USD | −0.0122% | 1h | 0.2201 | −0.064% | $90K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0116% | 8h | 0.2201 | −0.034% | $1.8M | $2.9M | — | as long as short |
| Gate ARB_USDT | −0.0100% | 8h | 0.2206 | +0.168% | $5.3M | $18.7M | 60x | as long as short |
| Orderly PERP_ARB_USDClong | −0.0079% | 8h | 0.2202 | long leg | $12K | $388K | 10x | |
| Bybit ARBUSDT | −0.0044% | 8h | 0.2205 | +0.159% | $55.8M | $125.9M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0006% | 1h | 0.2205 | +0.119% | $1.1M | $4.4M | 50x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Polymarket Perps ARB-USD
Variational Omni ARB
Gate ARB_USDT
Bybit ARBUSDT
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 | 0.2203 | +0.027% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2203 | +0.050% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2202 | +0.002% | $32K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2202 | +0.010% | $349K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0012% | 8h | 0.2205 | +0.135% | $64.3M | $306.4M | 75x | as long as short |
| BloFin ARB-USDT | +0.0038% | 8h | 0.2200 | −0.114% | $3.1M | $2.6M | 75x | as long as short |
| SoDEX ARB-USDshort | +0.0052% | 1h | 0.2204 | +0.100% | $10K | $2.3M | 5x | |
| Bitget ARBUSDT | +0.0065% | 8h | 0.2205 | +0.136% | $21.0M | $34.6M | 50x | as long as short |
| BingX ARB-USDT | +0.0066% | 8h | 0.2205 | +0.150% | — | $53.8M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2204 | +0.084% | $140K | $7K | 3x | as long as short |
| Phemex ARBUSDT | +0.0091% | 8h | 0.2203 | +0.045% | $4.9M | $12.9M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2204 | +0.091% | $1.2M | $5.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2206 | +0.168% | $38.2M | $48.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2202 | 0.000% | $635K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2201 | −0.028% | $43K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2206 | +0.177% | $19.5M | $15.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2193 | −0.396% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2194 | −0.363% | $468K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2193 | −0.409% | $118K | $282K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2204 | +0.091% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2205 | +0.159% | $299K | $952K | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2203 | +0.045% | $493K | $2.0M | 50x | as long as short |
| RISEx ARB/USDC | +0.0225% | 1h | 0.2203 | +0.026% | $477K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2202 | −0.010% | $821K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2200 | −0.086% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0636% | 1h | 0.2209 | +0.309% | $998K | $2.8M | 20x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
Phemex ARBUSDT
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
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP