Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0405%/8h= −44.4% APRpaid last 24h −0.091%

Price spread now: MEXC against Reya+0.074%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 MEXC

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. MEXC is 0.074% dearer against Reya than usual: you sell high and buy low (spread +0.074% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 15 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya ARBRUSDPERP	0.2250	0.0290	pay 0.0036% / 1h	56m 22s	$2K	$695	20x
Short	MEXC ARB_USDT	0.2251	−0.0115	pay 0.0115% / 8h	7h 56m	$37.7M	$58.7M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.074%Rate

Funding earned: −$85.08
Price spread: +0.074% → 0.000%: $7.4
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee MEXC: 0 bp × 2 orders: $0
Net: −$83.68
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; MEXC: live order book, 3 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 MEXC live order book, 3 min ago	0.22 bp	0.9 bp −$1	8.0 bp −$80	47.1 bp −$4,713	74.2 bp −$37.1K

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	−0.1666%	1h	0.2248	−0.068%	$41K	$372K	12x	as long as short
Bybit ARBUSDT	−0.0599%	8h	0.2250	+0.025%	$58.1M	$127.6M	50x	as long as short
Variational Omni ARB	−0.0201%	8h	0.2259	+0.414%	$2.0M	$2.8M	—	as long as short
01 Exchange ARBUSD	−0.0176%	1h	0.2252	+0.118%	$7K	$2K	10x	as long as short
SoDEX ARB-USD	−0.0172%	1h	0.2257	+0.327%	$4K	$2.6M	5x	as long as short
Kraken Futures PF_ARBUSD	−0.0138%	1h	0.2259	+0.415%	$1.1M	$4.9M	50x	as long as short
OKX ARB-USDT-SWAP	−0.0116%	8h	0.2250	+0.038%	$22.7M	$157.9M	50x	as long as short
MEXC ARB_USDTshort	−0.0115%	8h	0.2251	+0.074%	$37.7M	$58.7M	200x
Deribit ARB_USDC-PERPETUAL	−0.0104%	1h	0.2257	+0.323%	$25K	$34K	25x	as long as short
Polymarket Perps ARB-USD	−0.0078%	1h	0.2251	+0.074%	$66K	$2.0M	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	−0.0042%	8h	0.2258	+0.376%	$13K	$392K	10x	as long as short
Extended ARB-USD	−0.0008%	1h	0.2251	+0.087%	$359K	$2.3M	25x	as long as short
Binance ARBUSDT	−0.0007%	8h	0.2252	+0.110%	$66.3M	$312.9M	75x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2257	+0.317%	$67K	$4K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2254	+0.181%	$56K	—	150x	as long as short
Gate ARB_USDT	+0.0044%	8h	0.2255	+0.247%	$5.4M	$19.6M	60x	as long as short
Bitget ARBUSDT	+0.0046%	8h	0.2250	+0.021%	$21.2M	$36.0M	50x	as long as short
BingX ARB-USDC	+0.0047%	8h	0.2253	+0.158%	—	$6.5M	—	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2258	+0.376%	$148K	$3K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2258	+0.367%	$1.4M	$7.3M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2253	+0.141%	$40.7M	$47.8M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2254	+0.194%	$700K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2257	+0.337%	$47K	$183K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2252	+0.123%	$19.6M	$16.1M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2256	+0.309%	$40K	$460K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2261	+0.509%	$482K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2263	+0.599%	$122K	$295K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2260	+0.465%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2261	+0.492%	$293K	$1.0M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2257	+0.332%	$5.2M	$13.0M	50x	as long as short
BloFin ARB-USDT	+0.0113%	8h	0.2256	+0.274%	$3.1M	$2.8M	75x	as long as short
Coinbase International ARB-PERP-INTX	+0.0232%	1h	0.2263	+0.599%	$511K	$2.3M	50x	as long as short
Reya ARBRUSDPERPlong	+0.0290%	1h	0.2250	long leg	$2K	$695	20x
GMX ARB/USD [ARB-USDC]	L +0.0297% / S −0.0186%	1h	0.2259	+0.420%	$923K	—	150x	as long as short
RISEx ARB/USDC	+0.0384%	1h	0.2255	+0.238%	$511K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0402%	1h	0.2260	+0.456%	$1.0M	$2.8M	20x	as long as short