Settings8H · net · $10k
Funding arb · Price arb /

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0074%/8h= −8.1% APRpaid last 24h +0.007%
Price spread now: BloFin against Pacifica−0.028%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$440.442% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 4 days (all we have)+0.567%+$57 · spread now −0.028%, 7d avg −0.004%
Together, before fees+0.599%+ Points / potential airdropPacifica: Active · farm board+$60 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.024% cheaper against Pacifica than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.004%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ARB0.21900.0100pay 0.0013% / 1h52m 34s$42K$148K10x
ShortBloFin ARB-USDT0.21900.0026get 0.0026% / 8h52m 34s$3.0M$2.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Pacifica. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$15.54
Price spread: −0.028% → −0.004%
−$2.4
Slippage, 4 orders
−$24.22
Fee Pacifica: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$62.15
Costs to cover
0.442%
Break-even
never at this rate
Slippage from Pacifica: live order book, 50 min ago; BloFin: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 50 min ago6.54 bp11.2 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 6 min ago1.60 bp9.9 bp −$1017.4 bp −$174doesn't fitdoesn't fit

ARB on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1612%1h0.2181−0.430%$39K$372K12xas long as short
01 Exchange ARBUSD−0.0168%1h0.2189−0.047%$7K$23610xas long as short
OKX ARB-USDT-SWAP−0.0088%8h0.2189−0.051%$21.9M$144.7M50xas long as short
MEXC ARB_USDT−0.0088%8h0.2190−0.028%$42.2M$61.6M200xas long as short
Orderly PERP_ARB_USDC−0.0038%8h0.2188−0.110%$12K$407K10xas long as short
Variational Omni ARB−0.0027%8h0.2184−0.309%$1.8M$3.0Mas long as short
Polymarket Perps ARB-USD−0.0006%1h0.2189−0.051%$67K$2.1M10xas long as short
Bybit ARBUSDT−0.0005%8h0.2189−0.056%$53.6M$126.2M50xas long as short
dYdX ARB-USD0.0000%1h0.2191+0.006%$65K$5K10xas long as short
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2190−0.042%$28K$38K25xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0009%1h0.2189−0.043%$44K150xas long as short
Binance ARBUSDT+0.0006%8h0.2190−0.037%$62.6M$301.4M75xas long as short
Extended ARB-USD+0.0008%1h0.2188−0.125%$349K$3.0M25xas long as short
SoDEX ARB-USD+0.0013%1h0.2189−0.051%$9K$2.2M5xas long as short
Gate ARB_USDT+0.0015%8h0.2190−0.033%$5.4M$18.3M60xas long as short
BloFin ARB-USDTshort+0.0026%8h0.2190−0.028%$3.0M$2.3M75x
RISEx ARB/USDC+0.0069%1h0.2190−0.010%$488K$2.6M10xas long as short
BingX ARB-USDT+0.0074%8h0.2188−0.088%$33.2Mas long as short
Bitget ARBUSDT+0.0077%8h0.2189−0.065%$21.1M$34.7M50xas long as short
Aevo ARB-PERP+0.0080%1h0.2189−0.054%$139K$7K3xas long as short
Kraken Futures PF_ARBUSD+0.0093%1h0.2191+0.007%$1.1M$4.4M50xas long as short
Lighter ARB+0.0096%1h0.2190−0.024%$1.2M$5.4M15xas long as short
Hyperliquid ARB+0.0100%1h0.2191+0.036%$37.0M$49.4M10xas long as short
Aster ARBUSDT+0.0100%8h0.2190−0.042%$629K$1.7M20xas long as short
Pacifica ARBlong+0.0100%1h0.2190long leg$42K$148K10x
KuCoin ARBUSDTM+0.0100%8h0.2190−0.042%$19.4M$14.2M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2186−0.181%$39K$462K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2189−0.045%$467K$3.6M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2186−0.202%$118K$279K50xas long as short
SunX ARB-USDT+0.0100%8h0.2192+0.072%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2190−0.042%$292K$833K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2189−0.065%$4.8M$12.8M50xas long as short
GMX ARB/USD [ARB-USDC]L +0.0276% / S −0.0158%1h0.2189−0.062%$826K150xas long as short
Reya ARBRUSDPERP+0.0288%1h0.2189−0.067%$2K$69520xas long as short
Coinbase International ARB-PERP-INTX+0.0336%1h0.2195+0.209%$523K$1.5M50xas long as short
Backpack ARB_USDC_PERP+0.0771%1h0.2193+0.109%$985K$2.8M20xas long as short