Funding you earn now, next payment 00:00 UTC−0.0093%/8h= −10.2% APRpaid last 24h −0.013%
Price spread now: Binance against Pacifica−0.140%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$390.390% of the position
Funding, last 7 days−0.131%−$13 on $10k
+Price spread, last 4 days (all we have)−0.031%−$3 · spread now −0.140%, 7d avg −0.014%
=Together, before fees−0.163%+ Points / potential airdropPacifica: Active · farm board−$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.126% cheaper against Pacifica than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.014%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ARB | 0.2270 | 0.0100 | pay 0.0013% / 1h | 11m 33s | $47K | $184K | 10x |
| Short | Binance ARBUSDT | 0.2267 | 0.0007 | get 0.0007% / 8h | 11m 33s | $66.7M | $313.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Pacifica. 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
- −$19.54
- Price spread: −0.140% → −0.014%
- −$12.6
- Slippage, 4 orders
- −$20.97
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$71.11
- Costs to cover
- 0.390%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 1 min ago; Binance: live order book, 2 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 Pacifica live order book, 1 min ago | 7.05 bp | 11.6 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.22 bp | 6.8 bp −$7 | 19.2 bp −$192 | 67.3 bp −$6,728 | 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 | 0.2260 | −0.428% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0249% | 1h | 0.2265 | −0.221% | $68K | $2.0M | 10x | as long as short |
| 01 Exchange ARBUSD | −0.0192% | 1h | 0.2265 | −0.208% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0186% | 8h | 0.2268 | −0.088% | $2.0M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0173% | 8h | 0.2264 | −0.247% | $58.3M | $128.2M | 50x | as long as short |
| SoDEX ARB-USD | −0.0160% | 1h | 0.2267 | −0.128% | $4K | $2.6M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0110% | 8h | 0.2265 | −0.216% | $22.9M | $159.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0109% | 8h | 0.2268 | −0.097% | $38.5M | $60.1M | 200x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0103% | 1h | 0.2268 | −0.058% | $26K | $32K | 25x | as long as short |
| Orderly PERP_ARB_USDC | −0.0040% | 8h | 0.2268 | −0.075% | $13K | $394K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ARB_USDT | −0.0010% | 8h | 0.2267 | −0.119% | $5.5M | $20.3M | 60x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2270 | −0.001% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2270 | −0.009% | $56K | — | 150x | as long as short |
| Binance ARBUSDTshort | +0.0007% | 8h | 0.2267 | −0.140% | $66.7M | $313.6M | 75x | |
| Extended ARB-USD | +0.0008% | 1h | 0.2265 | −0.199% | $361K | $2.3M | 25x | as long as short |
| BloFin ARB-USDT | +0.0053% | 8h | 0.2268 | −0.093% | $3.1M | $2.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0056% | 8h | 0.2267 | −0.119% | $21.4M | $35.9M | 50x | as long as short |
| BingX ARB-USDT | +0.0059% | 8h | 0.2266 | −0.150% | — | $54.1M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2269 | −0.015% | $148K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2269 | −0.027% | $1.4M | $7.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2268 | −0.071% | $41.1M | $47.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2269 | −0.051% | $707K | $1.6M | 20x | as long as short |
| Pacifica ARBlong | +0.0100% | 1h | 0.2270 | long leg | $47K | $184K | 10x | |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2269 | −0.044% | $19.7M | $16.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2268 | −0.056% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2269 | −0.032% | $487K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2268 | −0.075% | $122K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2270 | +0.013% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2267 | −0.102% | $292K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2268 | −0.075% | $5.2M | $13.1M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2274 | +0.189% | $513K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0236% | 1h | 0.2269 | −0.026% | $1.1M | $4.9M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2264 | −0.242% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0296% / S −0.0186% | 1h | 0.2269 | −0.027% | $927K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2268 | −0.069% | $515K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0468% | 1h | 0.2272 | +0.092% | $1.0M | $2.9M | 20x | as long as short |
Pacifica ARB
Binance ARBUSDT
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
Gate ARB_USDT
gTrade (Gains Network) ARB/USD
Extended ARB-USD
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
Kraken Futures PF_ARBUSD
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP