Funding you earn now, next payment 06:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h +0.022%
Price spread now: Coinbase International against Reya+0.580%7-day average — · you sell dearer than you buy
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
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.580% dearer against Reya than usual: you sell high and buy low, +$58 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya ARBRUSDPERP | 0.2208 | 0.0289 | pay 0.0036% / 1h | 36m 15s | $2K | $695 | 20x |
| Short | Coinbase International ARB-PERP-INTX | 0.2221 | 0.0288 | get 0.0036% / 1h | 36m 15s | $520K | $1.6M | 50x |
Reya ARBRUSDPERP
Coinbase International ARB-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Reya. 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
- −$0.14
- Price spread: +0.580% → 0.000%
- $57.96
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $41.82
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Coinbase International: live order book, 2 min ago. 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 Reya no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 2 min ago | 6.32 bp | 21.3 bp −$21 | 42.3 bp −$423 | doesn't fit | doesn't fit |
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 | −0.1592% | 1h | 0.2202 | −0.272% | $40K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0226% | 1h | 0.2208 | 0.000% | $67K | $2.1M | 10x | as long as short |
| SoDEX ARB-USD | −0.0119% | 1h | 0.2210 | +0.077% | $9K | $2.2M | 5x | as long as short |
| 01 Exchange ARBUSD | −0.0088% | 1h | 0.2210 | +0.081% | $7K | $236 | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0082% | 8h | 0.2210 | +0.086% | $22.2M | $146.5M | 50x | as long as short |
| MEXC ARB_USDT | −0.0082% | 8h | 0.2210 | +0.090% | $42.2M | $61.7M | 200x | as long as short |
| Variational Omni ARB | −0.0064% | 8h | 0.2212 | +0.197% | $1.8M | $3.0M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0044% | 8h | 0.2209 | +0.045% | $13K | $407K | 10x | as long as short |
| Bybit ARBUSDT | −0.0020% | 8h | 0.2210 | +0.100% | $54.3M | $126.6M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2211 | +0.131% | $65K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
SoDEX ARB-USD
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Orderly PERP_ARB_USDC
Bybit ARBUSDT
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2211 | +0.131% | $28K | $38K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2211 | +0.143% | $44K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0046% | 8h | 0.2210 | +0.072% | $5.4M | $18.3M | 60x | as long as short |
| RISEx ARB/USDC | +0.0056% | 1h | 0.2210 | +0.099% | $461K | $2.6M | 10x | as long as short |
| Bitget ARBUSDT | +0.0058% | 8h | 0.2210 | +0.090% | $21.2M | $34.8M | 50x | as long as short |
| Binance ARBUSDT | +0.0087% | 8h | 0.2210 | +0.100% | $63.2M | $301.9M | 75x | as long as short |
| Extended ARB-USD | +0.0088% | 1h | 0.2209 | +0.047% | $352K | $2.8M | 25x | as long as short |
| BingX ARB-USDT | +0.0092% | 8h | 0.2209 | +0.036% | — | $53.0M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2210 | +0.095% | $1.2M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2210 | +0.113% | $37.4M | $49.3M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2213 | +0.221% | $635K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2212 | +0.163% | $43K | $149K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2210 | +0.109% | $19.7M | $14.3M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2212 | +0.162% | $39K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2215 | +0.317% | $481K | $3.7M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2214 | +0.272% | $119K | $282K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2211 | +0.136% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2211 | +0.136% | $295K | $872K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2210 | +0.090% | $5.0M | $12.8M | 50x | as long as short |
| Aevo ARB-PERP | +0.0104% | 1h | 0.2211 | +0.130% | $140K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0209% | 8h | 0.2212 | +0.158% | $3.0M | $2.3M | 75x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0230% | 1h | 0.2211 | +0.132% | $1.1M | $4.5M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2210 | +0.112% | $834K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTXshort | +0.0288% | 1h | 0.2221 | +0.580% | $520K | $1.6M | 50x | |
| Reya ARBRUSDPERPlong | +0.0289% | 1h | 0.2208 | long leg | $2K | $695 | 20x | |
| Backpack ARB_USDC_PERP | +0.0634% | 1h | 0.2215 | +0.335% | $993K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
RISEx ARB/USDC
Bitget ARBUSDT
Binance ARBUSDT
Extended ARB-USD
BingX ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Aevo ARB-PERP
BloFin ARB-USDT
Kraken Futures PF_ARBUSD
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP