Funding you earn now, next payment 03:00 UTC−0.0190%/8h= −20.8% APRpaid last 24h −0.057%
Price spread now: edgeX against Reya−0.091%65s7-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
=Together, before fees—+ Points / potential airdropReya: Active · edgeX: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and edgeX is 0.091% cheaper against Reya than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 65 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 | Reya ARBRUSDPERP | 0.2219 | 0.0290 | pay 0.0036% / 1h | 34m 25s | $2K | $695 | 20x |
| Short | edgeX ARBUSDC | 0.2217 | 0.0100 | get 0.0050% / 4h | 1h 34m | $40K | $462K | 20x |
Reya ARBRUSDPERP
edgeX ARBUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$39.81
- Price spread: −0.091% → 0.000%
- −$9.13
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$63.94
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; edgeX: live order book, 29 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 edgeX live order book, 29 min ago | 13.48 bp | 22.3 bp −$22 | 96.4 bp −$964 | 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 | −0.1577% | 1h | 0.2230 | +0.479% | $40K | $372K | 12x | as long as short |
| Variational Omni ARB | −0.0151% | 8h | 0.2222 | +0.129% | $1.9M | $2.9M | — | as long as short |
| 01 Exchange ARBUSD | −0.0144% | 1h | 0.2220 | +0.029% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USD | −0.0143% | 1h | 0.2224 | +0.191% | $10K | $2.4M | 5x | as long as short |
| MEXC ARB_USDT | −0.0132% | 8h | 0.2220 | +0.029% | $38.3M | $59.1M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0131% | 8h | 0.2220 | +0.024% | $22.3M | $151.6M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0110% | 1h | 0.2224 | +0.227% | $24K | $34K | 25x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0098% | 1h | 0.2225 | +0.259% | $1.1M | $4.6M | 50x | as long as short |
| Bybit ARBUSDT | −0.0096% | 8h | 0.2219 | +0.002% | $56.4M | $126.4M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0096% | 1h | 0.2220 | +0.038% | $96K | $2.1M | 10x | as long as short |
Injective ARB/USDC PERP
Variational Omni ARB
01 Exchange ARBUSD
SoDEX ARB-USD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Deribit ARB_USDC-PERPETUAL
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
Polymarket Perps ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ARB_USDT | −0.0090% | 8h | 0.2219 | −0.012% | $5.4M | $19.1M | 60x | as long as short |
| Orderly PERP_ARB_USDC | −0.0072% | 8h | 0.2223 | +0.164% | $12K | $385K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2219 | −0.023% | $66K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0013% | 1h | 0.2221 | +0.081% | $11K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0007% | 8h | 0.2220 | +0.047% | $64.6M | $308.5M | 75x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2218 | −0.068% | $353K | $2.5M | 25x | as long as short |
| BloFin ARB-USDT | +0.0028% | 8h | 0.2223 | +0.150% | $3.1M | $2.7M | 75x | as long as short |
| ApeX Omni ARBUSDT | +0.0044% | 1h | 0.2220 | +0.029% | $120K | $283K | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2225 | +0.263% | $141K | $7K | 3x | as long as short |
| Bitget ARBUSDT | +0.0093% | 8h | 0.2219 | −0.016% | $21.2M | $34.9M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2219 | −0.012% | $1.2M | $6.4M | 15x | as long as short |
| Phemex ARBUSDT | +0.0096% | 8h | 0.2224 | +0.209% | $5.0M | $12.9M | 50x | as long as short |
| BingX ARB-USDT | +0.0097% | 8h | 0.2220 | +0.029% | — | $53.9M | — | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2221 | +0.078% | $38.5M | $49.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2220 | +0.034% | $650K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2218 | −0.047% | $42K | $178K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2220 | +0.011% | $19.6M | $15.5M | 75x | as long as short |
| edgeX ARBUSDCshort | +0.0100% | 4h | 0.2217 | −0.091% | $40K | $462K | 20x | |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2219 | −0.022% | $477K | $3.6M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2226 | +0.299% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2224 | +0.213% | $298K | $946K | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2226 | +0.299% | $508K | $2.1M | 50x | as long as short |
| RISEx ARB/USDC | +0.0232% | 1h | 0.2221 | +0.090% | $491K | $2.7M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2222 | +0.105% | $828K | — | 150x | as long as short |
| Reya ARBRUSDPERPlong | +0.0290% | 1h | 0.2219 | long leg | $2K | $695 | 20x | |
| Backpack ARB_USDC_PERP | +0.0560% | 1h | 0.2227 | +0.331% | $1.0M | $2.8M | 20x | as long as short |
Gate ARB_USDT
Orderly PERP_ARB_USDC
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
ApeX Omni ARBUSDT
Aevo ARB-PERP
Bitget ARBUSDT
Lighter ARB
Phemex ARBUSDT
BingX ARB-USDT
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP