Funding you earn now, next payment 00:00 UTC−0.0379%/8h= −41.5% APRnext payment −$0.47 per $10,000 · paid last 24h −0.046%
Price spread now: Deribit against Pacifica−0.149%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Deribit is 0.149% cheaper against Pacifica than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ARB | 0.2269 | 0.0100 | pay 0.0013% / 1h | 9m 49s | $47K | $184K | 10x |
| Short | Deribit ARB_USDC-PERPETUAL | 0.2265 | −0.0279 | pay 0.0035% / 1h | 9m 49s | $25K | $34K | 25x |
Pacifica ARB
Deribit ARB_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$79.59
- Price spread: −0.149% → 0.000%
- −$14.9
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$109.49
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 3 min ago; Deribit: no order-book sample. 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 Pacifica live order book, 3 min ago | 7.05 bp | 11.6 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | −0.1785% | 1h | 0.2258 | −0.466% | $41K | $372K | 12x | as long as short |
| Deribit ARB_USDC-PERPETUALshort | −0.0279% | 1h | 0.2265 | −0.149% | $25K | $34K | 25x | |
| Polymarket Perps ARB-USD | −0.0246% | 1h | 0.2266 | −0.092% | $68K | $2.0M | 10x | as long as short |
| 01 Exchange ARBUSD | −0.0200% | 1h | 0.2265 | −0.153% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0192% | 8h | 0.2264 | −0.223% | $2.0M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0175% | 8h | 0.2263 | −0.264% | $58.3M | $128.2M | 50x | as long as short |
| SoDEX ARB-USD | −0.0175% | 1h | 0.2264 | −0.211% | $4K | $2.6M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0113% | 8h | 0.2264 | −0.211% | $22.8M | $159.3M | 50x | as long as short |
| MEXC ARB_USDT | −0.0110% | 8h | 0.2264 | −0.220% | $38.5M | $60.1M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0041% | 8h | 0.2264 | −0.202% | $13K | $394K | 10x | as long as short |
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
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ARB_USDT | −0.0013% | 8h | 0.2264 | −0.211% | $5.4M | $20.3M | 60x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2269 | +0.003% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2266 | −0.096% | $56K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0007% | 8h | 0.2263 | −0.224% | $66.6M | $313.6M | 75x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2263 | −0.267% | $361K | $2.3M | 25x | as long as short |
| BloFin ARB-USDT | +0.0028% | 8h | 0.2266 | −0.118% | $3.2M | $2.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0055% | 8h | 0.2264 | −0.202% | $21.3M | $36.0M | 50x | as long as short |
| BingX ARB-USDT | +0.0059% | 8h | 0.2263 | −0.228% | — | $54.1M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2266 | −0.135% | $148K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2266 | −0.105% | $1.4M | $7.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2267 | −0.061% | $41.0M | $47.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2266 | −0.114% | $707K | $1.6M | 20x | as long as short |
| Pacifica ARBlong | +0.0100% | 1h | 0.2269 | long leg | $47K | $184K | 10x | |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2264 | −0.206% | $19.6M | $16.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2268 | −0.007% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2269 | +0.018% | $487K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2268 | −0.026% | $122K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2269 | +0.019% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2264 | −0.193% | $291K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2266 | −0.114% | $5.2M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2268 | −0.026% | $512K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0236% | 1h | 0.2266 | −0.094% | $1.1M | $4.9M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2263 | −0.248% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0297% / S −0.0186% | 1h | 0.2266 | −0.116% | $926K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2269 | +0.021% | $516K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0467% | 1h | 0.2268 | −0.043% | $1.0M | $2.8M | 20x | as long as short |
Gate ARB_USDT
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
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
Reya ARBRUSDPERP
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP