Funding you earn now, next payment 00:00 UTC+0.0190%/8h= +20.8% APRnext payment +$0.24 per $10,000 · paid last 24h +0.056%
Price spread now: Reya against Pacifica−0.126%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropPacifica: Active · Reya: Active · farm boardneeds both histories
Funding pays, the price is against you. Reya is 0.126% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.126% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 2.2 days of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ARB | 0.2266 | 0.0100 | pay 0.0013% / 1h | 57m 14s | $47K | $193K | 10x |
| Short | Reya ARBRUSDPERP | 0.2263 | 0.0290 | get 0.0036% / 1h | 57m 14s | $2K | $695 | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $39.98
- Price spread: −0.126% → 0.000%
- −$12.64
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $13.34
- Costs to cover
- 0.140%
- Break-even
- 4.7 days
Slippage unknown: Pacifica: live order book, 21 min ago; Reya: 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, 21 min ago | 6.25 bp | 10.5 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | 0.2253 | −0.552% | $41K | $372K | 12x | as long as short |
| SoDEX ARB-USD | −0.0273% | 1h | 0.2264 | −0.080% | $4K | $2.7M | 5x | as long as short |
| Polymarket Perps ARB-USD | −0.0231% | 1h | 0.2263 | −0.102% | $77K | $2.0M | 10x | as long as short |
| 01 Exchange ARBUSD | −0.0216% | 1h | 0.2263 | −0.089% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0176% | 8h | 0.2256 | −0.405% | $1.9M | $2.7M | — | as long as short |
| Bybit ARBUSDT | −0.0161% | 8h | 0.2264 | −0.084% | $58.5M | $130.5M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0147% | 1h | 0.2264 | −0.062% | $26K | $32K | 25x | as long as short |
| OKX ARB-USDT-SWAP | −0.0102% | 8h | 0.2263 | −0.111% | $22.8M | $160.3M | 50x | as long as short |
| MEXC ARB_USDT | −0.0102% | 8h | 0.2263 | −0.115% | $37.5M | $58.9M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0041% | 8h | 0.2264 | −0.067% | $12K | $398K | 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 | 0.2265 | −0.038% | $67K | $4K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2263 | −0.105% | $360K | $2.3M | 25x | as long as short |
| Binance ARBUSDT | +0.0002% | 8h | 0.2264 | −0.070% | $65.1M | $313.3M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2265 | −0.031% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0034% | 8h | 0.2263 | −0.098% | $5.5M | $19.9M | 60x | as long as short |
| BloFin ARB-USDT | +0.0042% | 8h | 0.2266 | +0.013% | $3.1M | $3.3M | 75x | as long as short |
| Bitget ARBUSDT | +0.0065% | 8h | 0.2264 | −0.067% | $21.4M | $36.8M | 50x | as long as short |
| BingX ARB-USDT | +0.0066% | 8h | 0.2263 | −0.093% | — | $53.3M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2265 | −0.035% | $148K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2266 | +0.004% | $1.4M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2267 | +0.061% | $40.9M | $48.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2265 | −0.039% | $705K | $1.6M | 20x | as long as short |
| Pacifica ARBlong | +0.0100% | 1h | 0.2266 | long leg | $47K | $193K | 10x | |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2264 | −0.071% | $20.3M | $16.3M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2257 | −0.369% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2258 | −0.331% | $491K | $3.7M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2259 | −0.287% | $122K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2267 | +0.066% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2266 | +0.008% | $283K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2265 | −0.023% | $5.2M | $13.2M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2268 | +0.110% | $511K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0236% | 1h | 0.2266 | +0.002% | $1.2M | $4.9M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2265 | −0.031% | $848K | — | 150x | as long as short |
| Reya ARBRUSDPERPshort | +0.0290% | 1h | 0.2263 | −0.126% | $2K | $695 | 20x | |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2266 | +0.013% | $502K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0470% | 1h | 0.2264 | −0.062% | $888K | $2.8M | 20x | as long as short |
Pacifica ARB
Injective ARB/USDC PERP
SoDEX ARB-USD
Polymarket Perps ARB-USD
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Extended ARB-USD
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDT
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
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP