Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against Phemex−0.464%78s7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$850.853% of the position
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 3 days (all we have)−0.046%−$5 · spread now −0.464%, 7d avg −0.016%
=Together, before fees+0.070%+ Points / potential airdropedgeX: Active · farm board+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.448% cheaper against Phemex than usual: you would sell low and buy high, −$45 on $10k if it goes back to its 7-day average of −0.016%. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ARBUSDT | 0.2273 | 0.0100 | pay 0.0100% / 8h | 7h 11m | $5.2M | $12.9M | 50x |
| Short | edgeX ARBUSDC | 0.2262 | 0.0100 | get 0.0050% / 4h | 3h 11m | $41K | $464K | 20x |
Phemex ARBUSDT
edgeX ARBUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Phemex. 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
- $0
- Price spread: −0.464% → −0.016%
- −$44.83
- Slippage, 4 orders
- −$64.28
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$130.11
- Costs to cover
- 0.853%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; edgeX: live order book, 62 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 Phemex live order book, 2 min ago | 6.59 bp | 24.2 bp −$24 | 43.0 bp −$430 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 62 min ago | 13.23 bp | 22.2 bp −$22 | 119.7 bp −$1,197 | 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 | −0.1666% | 1h | 0.2264 | −0.396% | $41K | $372K | 12x | as long as short |
| Variational Omni ARB | −0.0201% | 8h | 0.2262 | −0.493% | $2.0M | $2.8M | — | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0190% | 1h | 0.2271 | −0.101% | $25K | $34K | 25x | as long as short |
| 01 Exchange ARBUSD | −0.0144% | 1h | 0.2273 | +0.004% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0137% | 1h | 0.2274 | +0.034% | $1.2M | $4.9M | 50x | as long as short |
| Bybit ARBUSDT | −0.0121% | 8h | 0.2271 | −0.079% | $59.0M | $126.6M | 50x | as long as short |
| MEXC ARB_USDT | −0.0111% | 8h | 0.2273 | −0.004% | $39.2M | $59.4M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0109% | 8h | 0.2272 | −0.062% | $23.1M | $158.2M | 50x | as long as short |
| SoDEX ARB-USD | −0.0061% | 1h | 0.2270 | −0.132% | $8K | $2.5M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0049% | 8h | 0.2271 | −0.088% | $12K | $388K | 10x | as long as short |
Injective ARB/USDC PERP
Variational Omni ARB
Deribit ARB_USDC-PERPETUAL
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
MEXC ARB_USDT
OKX ARB-USDT-SWAP
SoDEX ARB-USD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2274 | +0.027% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2274 | +0.031% | $32K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0021% | 8h | 0.2271 | −0.070% | $67.2M | $310.4M | 75x | as long as short |
| Extended ARB-USD | +0.0024% | 1h | 0.2271 | −0.077% | $366K | $2.5M | 25x | as long as short |
| BloFin ARB-USDT | +0.0072% | 8h | 0.2273 | +0.022% | $3.2M | $2.9M | 75x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2272 | −0.055% | $144K | $7K | 3x | as long as short |
| BingX ARB-USDT | +0.0094% | 8h | 0.2272 | −0.062% | — | $54.4M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2274 | +0.026% | $1.4M | $7.3M | 15x | as long as short |
| Bitget ARBUSDT | +0.0097% | 8h | 0.2274 | +0.044% | $21.8M | $35.7M | 50x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2274 | +0.057% | $41.2M | $47.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2272 | −0.031% | $706K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2274 | +0.055% | $46K | $184K | 10x | as long as short |
| Gate ARB_USDT | +0.0100% | 8h | 0.2272 | −0.062% | $5.5M | $20.0M | 60x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2273 | +0.022% | $19.8M | $15.8M | 75x | as long as short |
| edgeX ARBUSDCshort | +0.0100% | 4h | 0.2262 | −0.464% | $41K | $464K | 20x | |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2263 | −0.432% | $486K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2264 | −0.396% | $122K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2274 | +0.048% | $65K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2275 | +0.088% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2272 | −0.062% | $296K | $976K | 50x | as long as short |
| Phemex ARBUSDTlong | +0.0100% | 8h | 0.2273 | long leg | $5.2M | $12.9M | 50x | |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2272 | −0.044% | $523K | $2.3M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2271 | −0.091% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0291% / S −0.0179% | 1h | 0.2274 | +0.023% | $910K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2276 | +0.119% | $518K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0607% | 1h | 0.2274 | +0.057% | $1.0M | $2.8M | 20x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
Aevo ARB-PERP
BingX ARB-USDT
Lighter ARB
Bitget ARBUSDT
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Gate ARB_USDT
KuCoin ARBUSDTM
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP