Funding you earn now, next payment 23:00 UTC−0.0340%/8h= −37.2% APRnext payment −$0.43 per $10,000 · paid last 24h −0.105%
Price spread now: 01 Exchange against Pacifica−0.173%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
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and 01 Exchange is 0.173% cheaper against Pacifica than usual: you would sell low and buy high (−$17 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 | 0.2226 | 0.0100 | pay 0.0013% / 1h | 50m 20s | $44K | $200K | 10x |
| Short | 01 Exchange ARBUSD | 0.2222 | −0.0240 | pay 0.0030% / 1h | 50m 20s | $7K | $2K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$71.4
- Price spread: −0.173% → 0.000%
- −$17.34
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$103.74
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 33 min ago; 01 Exchange: 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, 33 min ago | 7.80 bp | 12.4 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 | −0.1770% | 1h | 0.2211 | −0.677% | $40K | $283K | 12x | as long as short |
| 01 Exchange ARBUSDshort | −0.0240% | 1h | 0.2222 | −0.173% | $7K | $2K | 10x | |
| SoDEX ARB-USD | −0.0164% | 1h | 0.2221 | −0.205% | $4K | $2.9M | 5x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0155% | 1h | 0.2222 | −0.191% | $25K | $32K | 25x | as long as short |
| Variational Omni ARB | −0.0154% | 8h | 0.2222 | −0.193% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0133% | 8h | 0.2220 | −0.272% | $57.1M | $136.1M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0110% | 8h | 0.2220 | −0.250% | $22.2M | $162.6M | 50x | as long as short |
| MEXC ARB_USDT | −0.0109% | 8h | 0.2222 | −0.196% | $36.7M | $62.1M | 200x | as long as short |
| Polymarket Perps ARB-USD | −0.0087% | 1h | 0.2222 | −0.164% | $76K | $2.2M | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0023% | 8h | 0.2221 | −0.227% | $11K | $393K | 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 | −0.0016% | 1h | 0.2220 | −0.292% | $353K | $2.4M | 25x | as long as short |
| Binance ARBUSDT | −0.0015% | 8h | 0.2221 | −0.206% | $63.3M | $323.3M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2225 | −0.057% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2223 | −0.154% | $55K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0013% | 8h | 0.2222 | −0.187% | $5.5M | $20.6M | 60x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2223 | −0.143% | $145K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0084% | 8h | 0.2222 | −0.182% | $20.8M | $38.1M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0086% | 1h | 0.2224 | −0.082% | $1.1M | $5.2M | 50x | as long as short |
| BingX ARB-USDC | +0.0089% | 8h | 0.2221 | −0.223% | — | $6.5M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2225 | −0.039% | $1.3M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2225 | −0.057% | $39.7M | $52.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2224 | −0.093% | $691K | $1.7M | 20x | as long as short |
| Pacifica ARBlong | +0.0100% | 1h | 0.2226 | long leg | $44K | $200K | 10x | |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2225 | −0.057% | $20.5M | $16.9M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2224 | −0.086% | $36K | $458K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2226 | +0.004% | $479K | $4.0M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2224 | −0.093% | $120K | $296K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2224 | −0.093% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2223 | −0.137% | $274K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2224 | −0.093% | $5.2M | $13.6M | 50x | as long as short |
| BloFin ARB-USDT | +0.0106% | 8h | 0.2223 | −0.128% | $3.0M | $3.2M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2231 | +0.222% | $506K | $2.5M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2222 | −0.160% | $831K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2221 | −0.214% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2226 | −0.014% | $491K | $2.8M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0586% | 1h | 0.2227 | +0.024% | $1.1M | $2.7M | 20x | as long as short |
Pacifica ARB
01 Exchange ARBUSD
Injective ARB/USDC PERP
SoDEX ARB-USD
Deribit ARB_USDC-PERPETUAL
Variational Omni ARB
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Polymarket Perps ARB-USD
Extended ARB-USD
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Bitget ARBUSDT
Kraken Futures PF_ARBUSD
BingX ARB-USDC
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
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP