Funding you earn now, next payment 09:00 UTC−0.0288%/8h= −31.6% APRnext payment −$0.36 per $10,000 · paid last 24h −0.087%
Price spread now: dYdX against Reya+0.044%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. dYdX is 0.044% dearer against Reya than usual: you sell high and buy low (spread +0.044% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 12 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya ARBRUSDPERP | 0.2187 | 0.0288 | pay 0.0036% / 1h | 51m 59s | $2K | $695 | 20x |
| Short | dYdX ARB-USD | 0.2188 | 0 | get 0.0000% / 1h | 51m 59s | $65K | $4K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$60.53
- Price spread: +0.044% → 0.000%
- $4.38
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$72.15
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; dYdX: 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 Reya no order-book sample | — | — | — | — | — |
| Sell dYdX no order-book sample | — | — | — | — | — |
Reya and dYdX: 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 | −0.1605% | 1h | 0.2178 | −0.427% | $39K | $372K | 12x | as long as short |
| Gate ARB_USDT | −0.0353% | 8h | 0.2187 | −0.033% | $5.4M | $18.1M | 60x | as long as short |
| SoDEX ARB-USD | −0.0204% | 1h | 0.2185 | −0.120% | $9K | $2.2M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0169% | 1h | 0.2187 | −0.001% | $1.1M | $4.3M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0162% | 1h | 0.2186 | −0.065% | $28K | $38K | 25x | as long as short |
| Bybit ARBUSDT | −0.0092% | 8h | 0.2187 | −0.038% | $53.2M | $125.8M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0088% | 1h | 0.2190 | +0.131% | $7K | $236 | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0073% | 8h | 0.2185 | −0.088% | $22.1M | $145.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0070% | 8h | 0.2187 | −0.024% | $42.6M | $62.5M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0041% | 8h | 0.2188 | +0.031% | $16K | $412K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARB_USDT_Perp | −0.0023% | 8h | 0.2185 | −0.099% | $470K | $3.6M | 10x | as long as short |
| dYdX ARB-USDshort | 0.0000% | 1h | 0.2188 | +0.044% | $65K | $4K | 10x | |
| Extended ARB-USD | 0.0000% | 1h | 0.2184 | −0.148% | $364K | $3.1M | 25x | as long as short |
| Binance ARBUSDT | +0.0003% | 8h | 0.2186 | −0.039% | $63.1M | $299.3M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2191 | +0.184% | $73K | — | 150x | as long as short |
| BloFin ARB-USDT | +0.0016% | 8h | 0.2188 | +0.021% | $3.0M | $2.3M | 75x | as long as short |
| Variational Omni ARB | +0.0034% | 8h | 0.2186 | −0.039% | $1.8M | $3.0M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2187 | +0.006% | $139K | $7K | 3x | as long as short |
| Bitget ARBUSDT | +0.0081% | 8h | 0.2186 | −0.061% | $21.1M | $34.6M | 50x | as long as short |
| BingX ARB-USDC | +0.0087% | 8h | 0.2188 | +0.008% | — | $6.5M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2186 | −0.056% | $1.3M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2188 | +0.035% | $36.5M | $49.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2188 | +0.049% | $626K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2188 | +0.016% | $43K | $146K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2187 | −0.015% | $19.5M | $13.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2185 | −0.094% | $40K | $465K | 20x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2185 | −0.107% | $118K | $267K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2190 | +0.122% | $73K | $2.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2190 | +0.122% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2189 | +0.081% | $293K | $836K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2186 | −0.061% | $4.8M | $12.8M | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0111% | 1h | 0.2190 | +0.099% | $979K | $2.8M | 20x | as long as short |
| RISEx ARB/USDC | +0.0123% | 1h | 0.2190 | +0.132% | $514K | $2.7M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0160% | 1h | 0.2188 | +0.053% | $830K | — | 150x | as long as short |
| Reya ARBRUSDPERPlong | +0.0288% | 1h | 0.2187 | long leg | $2K | $695 | 20x | |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2193 | +0.277% | $523K | $1.5M | 50x | as long as short |
Injective ARB/USDC PERP
Gate ARB_USDT
SoDEX ARB-USD
Kraken Futures PF_ARBUSD
Deribit ARB_USDC-PERPETUAL
Bybit ARBUSDT
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
GRVT ARB_USDT_Perp
Extended ARB-USD
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
BloFin ARB-USDT
Variational Omni ARB
Bitget ARBUSDT
BingX ARB-USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Backpack ARB_USDC_PERP
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX