Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0198%/8h= −21.7% APRpaid last 24h −0.024%

Price spread now: BloFin against RISEx+0.003%7-day average −0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$320.319% of the position

Long on RISEx Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.233%−$23 on $10k

Price spread, last 4 days (all we have)+2.192%+$219 · spread now +0.003%, 7d avg −0.019%

Together, before fees+1.960%+$196 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.022% dearer against RISEx than usual: you sell high and buy low (spread +0.003% now, against its 7-day average of −0.019%): +$2 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 9 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx ARB/USDC	0.2226	0.0232	pay 0.0029% / 1h	33m 04s	$492K	$2.7M	10x
Short	BloFin ARB-USDT	0.2226	0.0034	get 0.0034% / 8h	5h 33m	$3.1M	$2.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against RISEx. 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 RISExbpFee BloFinbpOrdersPrice spread, now +0.003%Rate

Funding earned: −$41.55
Price spread: +0.003% → −0.019%: $2.19
Slippage, 4 orders: −$13.9
Fee RISEx: 3 bp × 2 orders: −$6
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$71.26
Costs to cover: 0.319%
Break-even: never at this rate

Slippage from RISEx: live order book, 1 min ago; BloFin: live order book, 10 min ago.

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 RISEx live order book, 1 min ago	1.12 bp	4.1 bp −$4	18.4 bp −$184	doesn't fit	doesn't fit
Sell BloFin live order book, 10 min ago	1.35 bp	9.5 bp −$9	24.6 bp −$246	doesn't fit	doesn't fit

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	0.2209	−0.751%	$40K	$372K	12x	as long as short
Variational Omni ARB	−0.0151%	8h	0.2222	−0.158%	$1.9M	$2.9M	—	as long as short
01 Exchange ARBUSD	−0.0136%	1h	0.2225	−0.051%	$7K	$2K	10x	as long as short
MEXC ARB_USDT	−0.0131%	8h	0.2225	−0.037%	$38.3M	$59.1M	200x	as long as short
OKX ARB-USDT-SWAP	−0.0129%	8h	0.2225	−0.055%	$22.4M	$152.0M	50x	as long as short
SoDEX ARB-USD	−0.0123%	1h	0.2225	−0.015%	$10K	$2.4M	5x	as long as short
Bybit ARBUSDT	−0.0099%	8h	0.2224	−0.064%	$56.5M	$126.3M	50x	as long as short
Kraken Futures PF_ARBUSD	−0.0098%	1h	0.2226	+0.030%	$1.1M	$4.6M	50x	as long as short
Gate ARB_USDT	−0.0096%	8h	0.2225	−0.010%	$5.4M	$19.1M	60x	as long as short
Polymarket Perps ARB-USD	−0.0087%	1h	0.2225	−0.024%	$96K	$2.1M	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	−0.0072%	8h	0.2225	−0.033%	$12K	$385K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2224	−0.097%	$66K	$5K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2226	+0.003%	$24K	$34K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0013%	1h	0.2226	−0.006%	$11K	—	150x	as long as short
Extended ARB-USD	+0.0008%	1h	0.2224	−0.075%	$355K	$2.5M	25x	as long as short
Binance ARBUSDT	+0.0008%	8h	0.2226	+0.002%	$64.8M	$308.4M	75x	as long as short
BloFin ARB-USDTshort	+0.0034%	8h	0.2226	+0.003%	$3.1M	$2.7M	75x
ApeX Omni ARBUSDT	+0.0049%	1h	0.2224	−0.077%	$120K	$283K	50x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2226	+0.032%	$141K	$7K	3x	as long as short
Bitget ARBUSDT	+0.0093%	8h	0.2224	−0.077%	$21.2M	$34.9M	50x	as long as short
Lighter ARB	+0.0096%	1h	0.2225	−0.010%	$1.2M	$6.4M	15x	as long as short
BingX ARB-USDT	+0.0097%	8h	0.2225	−0.028%	—	$53.9M	—	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2227	+0.057%	$38.6M	$49.7M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2225	−0.024%	$652K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2223	−0.140%	$42K	$178K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2226	+0.035%	$19.6M	$15.5M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2223	−0.127%	$40K	$463K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2224	−0.088%	$475K	$3.6M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2228	+0.102%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2225	−0.033%	$298K	$945K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2225	−0.033%	$5.0M	$12.9M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0224%	1h	0.2226	+0.012%	$508K	$2.0M	50x	as long as short
RISEx ARB/USDClong	+0.0232%	1h	0.2226	long leg	$492K	$2.7M	10x
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2226	+0.011%	$830K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2225	−0.053%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0568%	1h	0.2229	+0.147%	$1.0M	$2.8M	20x	as long as short