ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0135%/8h= +14.8% APRnext payment +$0.17 per $10,000 · paid last 24h −0.012%

Price spread now: Kraken Futures against Pacifica+0.024%7-day average +0.063% · you sell dearer than you buy

Net, funding: paid 7d − costs−$85as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$650.654% of the position

Long on Pacifica Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.200%−$20 on $10k

Price spread, last 3 days (all we have)+0.763%+$76 · spread now +0.024%, 7d avg +0.063%

Together, before fees+0.563%+ Points / potential airdropPacifica: Active · farm board+$56 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.039% cheaper against Pacifica than usual: you would sell low and buy high (spread +0.024% now, against its 7-day average of +0.063%). If the spread goes back, that is −$4 on $10k: about 23 hours of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.200%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ARB	0.2271	0.0100	pay 0.0013% / 1h	55m 15s	$47K	$193K	10x
Short	Kraken Futures PF_ARBUSD	0.2272	0.0235	get 0.0029% / 1h	55m 15s	$1.2M	$4.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.024%Rate

Funding earned: $28.43
Price spread: +0.024% → +0.063%: −$3.91
Slippage, 4 orders: −$47.4
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$40.87
Costs to cover: 0.654%
Break-even: 17.1 days

Slippage from Pacifica: live order book, 23 min ago; Kraken Futures: 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, 23 min ago	6.25 bp	10.5 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 4 min ago	14.32 bp	21.1 bp −$21	28.6 bp −$286	428.9 bp −$42.9K	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	0.2257	−0.616%	$41K	$372K	12x	as long as short
Polymarket Perps ARB-USD	−0.0215%	1h	0.2270	−0.062%	$77K	$2.0M	10x	as long as short
01 Exchange ARBUSD	−0.0200%	1h	0.2270	−0.040%	$7K	$2K	10x	as long as short
Variational Omni ARB	−0.0179%	8h	0.2263	−0.350%	$1.9M	$2.7M	—	as long as short
Bybit ARBUSDT	−0.0161%	8h	0.2270	−0.035%	$58.7M	$129.0M	50x	as long as short
OKX ARB-USDT-SWAP	−0.0104%	8h	0.2270	−0.066%	$22.8M	$160.1M	50x	as long as short
MEXC ARB_USDT	−0.0103%	8h	0.2269	−0.070%	$37.8M	$59.0M	200x	as long as short
SoDEX ARB-USD	−0.0099%	1h	0.2270	−0.053%	$4K	$2.7M	5x	as long as short
Orderly PERP_ARB_USDC	−0.0040%	8h	0.2271	0.000%	$12K	$397K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2271	−0.016%	$67K	$4K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ARB-USD	0.0000%	1h	0.2269	−0.088%	$360K	$2.3M	25x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2271	+0.018%	$26K	$32K	25x	as long as short
Binance ARBUSDT	0.0000%	8h	0.2271	−0.011%	$65.5M	$312.9M	75x	as long as short
BloFin ARB-USDT	+0.0002%	8h	0.2270	−0.053%	$3.1M	$3.3M	75x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2273	+0.080%	$57K	—	150x	as long as short
Gate ARB_USDT	+0.0035%	8h	0.2270	−0.035%	$5.5M	$19.9M	60x	as long as short
Bitget ARBUSDT	+0.0066%	8h	0.2272	+0.044%	$21.5M	$36.7M	50x	as long as short
BingX ARB-USDT	+0.0066%	8h	0.2270	−0.048%	—	$53.4M	—	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2272	+0.034%	$149K	$12K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2272	+0.040%	$1.4M	$7.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2273	+0.092%	$41.0M	$48.8M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2270	−0.044%	$706K	$1.6M	20x	as long as short
Pacifica ARBlong	+0.0100%	1h	0.2271	long leg	$47K	$193K	10x
KuCoin ARBUSDTM	+0.0100%	8h	0.2270	−0.026%	$20.4M	$16.3M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2263	−0.344%	$40K	$460K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2264	−0.308%	$492K	$3.7M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2265	−0.264%	$122K	$295K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2273	+0.088%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2269	−0.070%	$284K	$1.1M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2271	0.000%	$5.2M	$13.2M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0216%	1h	0.2273	+0.088%	$512K	$2.3M	50x	as long as short
Kraken Futures PF_ARBUSDshort	+0.0235%	1h	0.2272	+0.024%	$1.2M	$4.9M	50x
GMX ARB/USD [ARB-USDC]	L +0.0274% / S −0.0157%	1h	0.2271	−0.019%	$851K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2269	−0.108%	$2K	$695	20x	as long as short
RISEx ARB/USDC	+0.0330%	1h	0.2272	+0.055%	$502K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0413%	1h	0.2271	−0.009%	$890K	$2.8M	20x	as long as short