ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0496%/8h= −54.3% APRnext payment −$0.62 per $10,000 · paid last 24h −0.109%

Price spread now: SoDEX against Reya+0.140%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 SoDEX

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. SoDEX is 0.140% dearer against Reya than usual: you sell high and buy low (spread +0.140% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 23 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya ARBRUSDPERP	0.2225	0.0290	pay 0.0036% / 1h	3m 15s	$2K	$695	20x
Short	SoDEX ARB-USD	0.2228	−0.0207	pay 0.0026% / 1h	3m 15s	$10K	$2.5M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.140%Rate

Funding earned: −$104.2
Price spread: +0.140% → 0.000%: $13.98
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$104.22
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; SoDEX: live order book, 1 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 SoDEX live order book, 1 min ago	0.22 bp	5.5 bp −$5	18.3 bp −$183	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 35 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	−0.1692%	1h	0.2212	−0.566%	$40K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0208%	1h	0.2226	+0.086%	$7K	$2K	10x	as long as short
SoDEX ARB-USDshort	−0.0207%	1h	0.2228	+0.140%	$10K	$2.5M	5x
Variational Omni ARB	−0.0156%	8h	0.2220	−0.222%	$1.9M	$2.9M	—	as long as short
OKX ARB-USDT-SWAP	−0.0131%	8h	0.2225	+0.005%	$22.4M	$155.3M	50x	as long as short
MEXC ARB_USDT	−0.0130%	8h	0.2225	+0.018%	$39.0M	$60.3M	200x	as long as short
Orderly PERP_ARB_USDC	−0.0069%	8h	0.2226	+0.063%	$13K	$382K	10x	as long as short
Bybit ARBUSDT	−0.0043%	8h	0.2225	+0.023%	$56.7M	$128.2M	50x	as long as short
Gate ARB_USDT	−0.0043%	8h	0.2226	+0.068%	$5.4M	$20.0M	60x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2225	+0.016%	$66K	$5K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ARB-USD	0.0000%	1h	0.2227	+0.103%	$353K	$2.5M	25x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2228	+0.153%	$25K	$34K	25x	as long as short
Binance ARBUSDT	+0.0001%	8h	0.2226	+0.068%	$64.8M	$315.4M	75x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0011%	1h	0.2227	+0.098%	$10K	—	150x	as long as short
Phemex ARBUSDT	+0.0073%	8h	0.2226	+0.063%	$5.0M	$13.0M	50x	as long as short
ApeX Omni ARBUSDT	+0.0076%	1h	0.2220	−0.206%	$120K	$285K	50x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2228	+0.139%	$141K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2228	+0.167%	$1.2M	$7.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2226	+0.081%	$38.7M	$51.4M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2226	+0.068%	$661K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2224	−0.009%	$42K	$183K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2226	+0.063%	$19.6M	$15.7M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	0.2225	+0.018%	$21.3M	$36.0M	50x	as long as short
BingX ARB-USDC	+0.0100%	8h	0.2224	−0.031%	—	$6.5M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2218	−0.303%	$40K	$462K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2220	−0.217%	$473K	$3.6M	10x	as long as short
Polymarket Perps ARB-USD	+0.0100%	1h	0.2226	+0.059%	$98K	$2.1M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2228	+0.153%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2227	+0.090%	$299K	$987K	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0240%	1h	0.2227	+0.117%	$509K	$2.1M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2227	+0.088%	$831K	—	150x	as long as short
Reya ARBRUSDPERPlong	+0.0290%	1h	0.2225	long leg	$2K	$695	20x
Kraken Futures PF_ARBUSD	+0.0310%	1h	0.2230	+0.227%	$1.1M	$4.7M	50x	as long as short
RISEx ARB/USDC	+0.0466%	1h	0.2227	+0.131%	$481K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0549%	1h	0.2229	+0.198%	$1.0M	$2.8M	20x	as long as short