ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.14 per $10,000 · paid last 24h +0.079%

Price spread now: Coinbase International against Pacifica+0.100%7-day average +0.160% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$660.656% of the position

Long on Pacifica Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.238%+$24 on $10k

Price spread, last 3 days (all we have)+0.897%+$90 · spread now +0.100%, 7d avg +0.160%

Together, before fees+1.135%+ Points / potential airdropPacifica: Active · farm board+$113 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.060% cheaper against Pacifica than usual: you would sell low and buy high (spread +0.100% now, against its 7-day average of +0.160%). If the spread goes back, that is −$6 on $10k: about 41 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ARB	0.2258	0.0100	pay 0.0013% / 1h	59m 18s	$47K	$193K	10x
Short	Coinbase International ARB-PERP-INTX	0.2260	0.0216	get 0.0027% / 1h	59m 18s	$509K	$2.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Position, each leg$Hold fordaysFee PacificabpFee Coinbase InternationalbpOrdersPrice spread, now +0.100%Rate

Funding earned: $24.36
Price spread: +0.100% → +0.160%: −$6
Slippage, 4 orders: −$47.59
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$47.23
Costs to cover: 0.656%
Break-even: 20.6 days

Slippage from Pacifica: live order book, 19 min ago; Coinbase International: 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, 19 min ago	6.25 bp	10.5 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 4 min ago	10.85 bp	17.8 bp −$18	44.9 bp −$449	doesn't fit	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	0.2247	−0.476%	$41K	$372K	12x	as long as short
Polymarket Perps ARB-USD	−0.0533%	1h	0.2258	−0.006%	$76K	$2.0M	10x	as long as short
SoDEX ARB-USD	−0.0274%	1h	0.2259	+0.069%	$4K	$2.7M	5x	as long as short
01 Exchange ARBUSD	−0.0208%	1h	0.2254	−0.157%	$7K	$2K	10x	as long as short
Variational Omni ARB	−0.0176%	8h	0.2256	−0.062%	$1.9M	$2.7M	—	as long as short
Bybit ARBUSDT	−0.0161%	8h	0.2260	+0.082%	$58.5M	$130.6M	50x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0104%	1h	0.2260	+0.109%	$26K	$32K	25x	as long as short
MEXC ARB_USDT	−0.0101%	8h	0.2260	+0.118%	$37.4M	$58.9M	200x	as long as short
OKX ARB-USDT-SWAP	−0.0100%	8h	0.2259	+0.069%	$22.7M	$160.0M	50x	as long as short
Orderly PERP_ARB_USDC	−0.0040%	8h	0.2259	+0.056%	$13K	$397K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ARB-USD	0.0000%	1h	0.2258	+0.011%	$67K	$4K	10x	as long as short
Extended ARB-USD	0.0000%	1h	0.2258	+0.027%	$358K	$2.3M	25x	as long as short
Binance ARBUSDT	+0.0001%	8h	0.2260	+0.100%	$65.0M	$313.8M	75x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2261	+0.144%	$56K	—	150x	as long as short
Gate ARB_USDT	+0.0034%	8h	0.2260	+0.096%	$5.5M	$19.9M	60x	as long as short
Bitget ARBUSDT	+0.0066%	8h	0.2259	+0.056%	$21.4M	$36.8M	50x	as long as short
BingX ARB-USDT	+0.0069%	8h	0.2259	+0.047%	—	$53.3M	—	as long as short
BloFin ARB-USDT	+0.0080%	8h	0.2260	+0.087%	$3.1M	$3.3M	75x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2261	+0.123%	$148K	$12K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2262	+0.175%	$1.4M	$7.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2262	+0.171%	$40.4M	$48.5M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2259	+0.059%	$703K	$1.6M	20x	as long as short
Pacifica ARBlong	+0.0100%	1h	0.2258	long leg	$47K	$193K	10x
KuCoin ARBUSDTM	+0.0100%	8h	0.2259	+0.074%	$20.8M	$16.2M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2258	−0.004%	$40K	$463K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2258	+0.012%	$491K	$3.7M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2258	+0.012%	$122K	$295K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2262	+0.189%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2260	+0.096%	$282K	$1.1M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2261	+0.144%	$5.2M	$13.2M	50x	as long as short
Coinbase International ARB-PERP-INTXshort	+0.0216%	1h	0.2260	+0.100%	$509K	$2.3M	50x
Kraken Futures PF_ARBUSD	+0.0236%	1h	0.2262	+0.188%	$1.1M	$4.9M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0274% / S −0.0156%	1h	0.2261	+0.153%	$848K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2258	−0.008%	$2K	$695	20x	as long as short
RISEx ARB/USDC	+0.0330%	1h	0.2257	−0.050%	$501K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0627%	1h	0.2260	+0.091%	$891K	$2.8M	20x	as long as short