Funding you earn now, next payment 03:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h −0.029%
Price spread now: Bybit against Pacifica+0.162%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$480.476% of the position
Funding, last 7 days−0.129%−$13 on $10k
+Price spread, last 4 days (all we have)−0.228%−$23 · spread now +0.162%, 7d avg −0.052%
=Together, before fees−0.357%+ Points / potential airdropPacifica: Active · farm board−$36 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.214% dearer against Pacifica than usual: you sell high and buy low (spread +0.162% now, against its 7-day average of −0.052%): +$21 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 4.0 days. At the pace of the last 7 days (−0.129% in total) that is about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ARB | 0.2217 | 0.0100 | pay 0.0013% / 1h | 45m 11s | $42K | $179K | 10x |
| Short | Bybit ARBUSDT | 0.2220 | −0.0080 | pay 0.0080% / 8h | 5h 45m | $56.5M | $126.5M | 50x |
Pacifica ARB
Bybit ARBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$37.83
- Price spread: +0.162% → −0.052%
- $21.42
- Slippage, 4 orders
- −$28.61
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$64.02
- Costs to cover
- 0.476%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 18 min ago; Bybit: live order book, 4 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, 18 min ago | 8.99 bp | 13.6 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.23 bp | 10.2 bp −$10 | 22.2 bp −$222 | 53.6 bp −$5,358 | 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 | −0.1577% | 1h | 0.2204 | −0.582% | $40K | $372K | 12x | as long as short |
| Variational Omni ARB | −0.0153% | 8h | 0.2213 | −0.155% | $1.9M | $2.9M | — | as long as short |
| 01 Exchange ARBUSD | −0.0136% | 1h | 0.2220 | +0.162% | $7K | $2K | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0135% | 8h | 0.2221 | +0.171% | $22.3M | $152.1M | 50x | as long as short |
| SoDEX ARB-USD | −0.0135% | 1h | 0.2221 | +0.198% | $10K | $2.4M | 5x | as long as short |
| MEXC ARB_USDT | −0.0134% | 8h | 0.2221 | +0.194% | $38.5M | $59.0M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0098% | 1h | 0.2223 | +0.288% | $1.1M | $4.6M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0092% | 1h | 0.2220 | +0.126% | $102K | $2.1M | 10x | as long as short |
| Bybit ARBUSDTshort | −0.0080% | 8h | 0.2220 | +0.162% | $56.5M | $126.5M | 50x | |
| Gate ARB_USDT | −0.0077% | 8h | 0.2222 | +0.212% | $5.4M | $19.0M | 60x | as long as short |
Injective ARB/USDC PERP
Variational Omni ARB
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
SoDEX ARB-USD
MEXC ARB_USDT
Kraken Futures PF_ARBUSD
Polymarket Perps ARB-USD
Gate ARB_USDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0073% | 8h | 0.2221 | +0.185% | $13K | $383K | 10x | as long as short |
| ApeX Omni ARBUSDT | −0.0045% | 1h | 0.2213 | −0.176% | $119K | $284K | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2219 | +0.076% | $66K | $5K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2220 | +0.142% | $352K | $2.5M | 25x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2222 | +0.244% | $24K | $34K | 25x | as long as short |
| Binance ARBUSDT | 0.0000% | 8h | 0.2221 | +0.201% | $64.7M | $309.0M | 75x | as long as short |
| BloFin ARB-USDT | +0.0001% | 8h | 0.2221 | +0.167% | — | $2.7M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0013% | 1h | 0.2222 | +0.218% | $11K | — | 150x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2222 | +0.231% | $141K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2221 | +0.194% | $1.2M | $6.4M | 15x | as long as short |
| Phemex ARBUSDT | +0.0096% | 8h | 0.2217 | +0.005% | $4.9M | $12.9M | 50x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2223 | +0.262% | $38.6M | $49.9M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2219 | +0.114% | $659K | $1.6M | 20x | as long as short |
| Pacifica ARBlong | +0.0100% | 1h | 0.2217 | long leg | $42K | $179K | 10x | |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2221 | +0.203% | $19.6M | $15.5M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2221 | +0.185% | $21.2M | $35.0M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2216 | −0.050% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2212 | −0.211% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2212 | −0.221% | $470K | $3.6M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2224 | +0.320% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2222 | +0.230% | $298K | $952K | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2215 | −0.095% | $506K | $2.1M | 50x | as long as short |
| RISEx ARB/USDC | +0.0232% | 1h | 0.2222 | +0.222% | $487K | $2.7M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2222 | +0.222% | $828K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2219 | +0.112% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0554% | 1h | 0.2226 | +0.401% | $1.0M | $2.8M | 20x | as long as short |
Orderly PERP_ARB_USDC
ApeX Omni ARBUSDT
dYdX ARB-USD
Extended ARB-USD
Deribit ARB_USDC-PERPETUAL
Binance ARBUSDT
BloFin ARB-USDT
gTrade (Gains Network) ARB/USD
Aevo ARB-PERP
Lighter ARB
Phemex ARBUSDT
Hyperliquid ARB
Aster ARBUSDT
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDC
edgeX ARBUSDC
GRVT ARB_USDT_Perp
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