ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0272%/8h= −29.8% APRnext payment −$0.34 per $10,000 · paid last 24h −0.036%

Price spread now: GMX against Reya+0.086%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Reya Short on GMX

What this pair did over the last

the charts below follow

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 · farm boardneeds both histories

The price spread pays, funding is against you. GMX is 0.086% dearer against Reya than usual: you sell high and buy low (spread +0.086% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 25 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya ARBRUSDPERP	0.2240	0.0291	pay 0.0036% / 1h	23m 01s	$2K	$695	20x
Short	GMX ARB/USD [ARB-USDC]	0.2242	L +0.0154% / S −0.0018%	get 0.0002% / 1h	23m 01s	$850K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Reya. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ReyabpFee GMXbpOrdersPrice spread, now +0.086%Rate

Funding earned: −$57.19
Price spread: +0.086% → 0.000%: $8.64
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee GMX: 6 bp × 2 orders: −$12
Net: −$66.54
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; GMX: 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 GMX no order-book sample	—	—	—	—	—

Reya and GMX: 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	−0.1675%	1h	0.2232	−0.347%	$40K	$197K	12x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0330%	1h	0.2241	+0.077%	$38K	$20K	25x	as long as short
01 Exchange ARBUSD	−0.0288%	1h	0.2240	+0.006%	$7K	$2K	10x	as long as short
Variational Omni ARB	−0.0169%	8h	0.2250	+0.457%	$1.9M	$2.8M	—	as long as short
Bybit ARBUSDT	−0.0167%	8h	0.2241	+0.059%	$56.4M	$135.9M	50x	as long as short
SoDEX ARB-USD	−0.0115%	1h	0.2240	+0.006%	$4K	$2.9M	5x	as long as short
OKX ARB-USDT-SWAP	−0.0095%	8h	0.2241	+0.041%	$22.3M	$165.6M	50x	as long as short
MEXC ARB_USDT	−0.0093%	8h	0.2239	−0.017%	$37.4M	$63.7M	200x	as long as short
Kraken Futures PF_ARBUSD	−0.0053%	1h	0.2242	+0.078%	$1.1M	$5.2M	50x	as long as short
Polymarket Perps ARB-USD	−0.0022%	1h	0.2240	+0.010%	$77K	$2.2M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ARB_USDC	−0.0017%	8h	0.2241	+0.055%	$11K	$388K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2243	+0.140%	$66K	$4K	10x	as long as short
Extended ARB-USD	0.0000%	1h	0.2240	−0.006%	$357K	$2.4M	25x	as long as short
Binance ARBUSDT	0.0000%	8h	0.2240	+0.032%	$63.7M	$324.8M	75x	as long as short
BloFin ARB-USDT	+0.0001%	8h	0.2240	+0.028%	$3.0M	$3.3M	75x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2242	+0.104%	$56K	—	150x	as long as short
Gate ARB_USDT	+0.0010%	8h	0.2241	+0.041%	$5.5M	$21.6M	60x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2243	+0.140%	$147K	$12K	3x	as long as short
BingX ARB-USDT	+0.0085%	8h	0.2240	+0.028%	—	$54.0M	—	as long as short
Bitget ARBUSDT	+0.0086%	8h	0.2240	+0.010%	$21.0M	$38.4M	50x	as long as short
Lighter ARB	+0.0096%	1h	0.2242	+0.104%	$1.3M	$7.7M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2243	+0.135%	$40.1M	$52.8M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2242	+0.108%	$697K	$1.8M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2243	+0.139%	$47K	$200K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2242	+0.090%	$20.7M	$17.0M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2250	+0.446%	$40K	$454K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2250	+0.457%	$485K	$4.1M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2251	+0.501%	$122K	$297K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2241	+0.055%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2240	+0.032%	$276K	$1.2M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2241	+0.055%	$5.3M	$13.8M	50x	as long as short
GMX ARB/USD [ARB-USDC]short	L +0.0154% / S −0.0018%	1h	0.2242	+0.086%	$850K	—	150x
Coinbase International ARB-PERP-INTX	+0.0288%	1h	0.2244	+0.189%	$500K	$2.5M	50x	as long as short
Reya ARBRUSDPERPlong	+0.0291%	1h	0.2240	long leg	$2K	$695	20x
RISEx ARB/USDC	+0.0546%	1h	0.2243	+0.150%	$494K	$2.9M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0561%	1h	0.2244	+0.189%	$1.1M	$2.7M	20x	as long as short