Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Phemex+0.089%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1891.886% of the position
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 3 days (all we have)−0.119%−$12 · spread now +0.089%, 7d avg +0.078%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ARBUSDT | 0.2239 | 0.0100 | pay 0.0100% / 8h | 1h 34m | $5.2M | $13.5M | 50x |
| Short | SunX ARB-USDT | 0.2241 | 0.0100 | get 0.0100% / 8h | 1h 34m | $2K | $1.1M | 30x |
Phemex ARBUSDT
SunX ARB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: +0.089% → +0.078%
- $1.15
- Slippage, 4 orders
- −$168.61
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$187.46
- Costs to cover
- 1.886%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 5 min ago; SunX: live order book, 9 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, 5 min ago | 6.70 bp | 14.1 bp −$14 | 26.6 bp −$266 | doesn't fit | doesn't fit |
| Sell SunX live order book, 9 min ago | 31.28 bp | 91.9 bp −$92 | doesn't fit | 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 | −0.1770% | 1h | 0.2225 | −0.625% | $40K | $283K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0224% | 1h | 0.2235 | −0.201% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0163% | 8h | 0.2239 | −0.005% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0140% | 8h | 0.2238 | −0.036% | $57.7M | $135.2M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0107% | 1h | 0.2241 | +0.085% | $26K | $32K | 25x | as long as short |
| OKX ARB-USDT-SWAP | −0.0101% | 8h | 0.2239 | −0.004% | $22.4M | $162.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0100% | 8h | 0.2237 | −0.089% | $37.4M | $62.4M | 200x | as long as short |
| SoDEX ARB-USD | −0.0088% | 1h | 0.2240 | +0.045% | $4K | $2.8M | 5x | as long as short |
| Polymarket Perps ARB-USD | −0.0072% | 1h | 0.2236 | −0.134% | $76K | $2.1M | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0029% | 8h | 0.2240 | +0.045% | $10K | $393K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Polymarket Perps ARB-USD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ARB-USD | −0.0008% | 1h | 0.2238 | −0.029% | $356K | $2.4M | 25x | as long as short |
| Binance ARBUSDT | −0.0005% | 8h | 0.2238 | −0.031% | $63.9M | $321.4M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2240 | +0.058% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2241 | +0.075% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0030% | 8h | 0.2239 | +0.009% | $5.5M | $20.7M | 60x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2241 | +0.105% | $147K | $12K | 3x | as long as short |
| BingX ARB-USDT | +0.0082% | 8h | 0.2240 | +0.031% | — | $53.6M | — | as long as short |
| Bitget ARBUSDT | +0.0083% | 8h | 0.2239 | 0.000% | $21.0M | $37.9M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2242 | +0.139% | $1.1M | $5.2M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2241 | +0.098% | $1.3M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2239 | −0.004% | $40.0M | $50.9M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2239 | −0.003% | $696K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2241 | +0.073% | $45K | $197K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2239 | 0.000% | $20.6M | $16.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2240 | +0.026% | $40K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2240 | +0.031% | $475K | $4.0M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2237 | −0.089% | $121K | $294K | 50x | as long as short |
| SunX ARB-USDTshort | +0.0100% | 8h | 0.2241 | +0.089% | $2K | $1.1M | 30x | |
| HTX ARB-USDT | +0.0100% | 8h | 0.2238 | −0.027% | $276K | $1.2M | 50x | as long as short |
| Phemex ARBUSDTlong | +0.0100% | 8h | 0.2239 | long leg | $5.2M | $13.5M | 50x | |
| BloFin ARB-USDT | +0.0114% | 8h | 0.2240 | +0.040% | $3.0M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2241 | +0.089% | $509K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0275% / S −0.0158% | 1h | 0.2241 | +0.084% | $840K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2235 | −0.157% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2238 | −0.024% | $494K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0645% | 1h | 0.2244 | +0.223% | $1.1M | $2.7M | 20x | as long as short |
Extended ARB-USD
Binance ARBUSDT
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Aevo ARB-PERP
BingX ARB-USDT
Bitget ARBUSDT
Kraken Futures PF_ARBUSD
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
HTX ARB-USDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP