Settings8H · net · $10k
Funding arb · Price arb /

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0008%/8h= −0.9% APRnext payment $0.01 per $10,000 · paid last 24h +0.046%
Price spread now: Coinbase International against RISEx+0.209%7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$440.443% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.057%−$6 on $10k
Price spread, last 4 days (all we have)+2.419%+$242 · spread now +0.209%, 7d avg +0.127%
Together, before fees+2.362%+$236 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.081% dearer against RISEx than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.127%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx ARB/USDC0.22210.0232pay 0.0029% / 1h34m 37s$491K$2.7M10x
ShortCoinbase International ARB-PERP-INTX0.22260.0224get 0.0028% / 1h34m 37s$508K$2.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
−$1.65
Price spread: +0.209% → +0.127%
$8.11
Slippage, 4 orders
−$28.31
Fee RISEx: 3 bp × 2 orders
−$6
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$37.84
Costs to cover
0.443%
Break-even
never at this rate
Slippage from RISEx: live order book, 4 min ago; Coinbase International: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy RISEx live order book, 4 min ago1.35 bp4.4 bp −$416.1 bp −$161doesn't fitdoesn't fit
Sell Coinbase International live order book, 4 min ago6.55 bp17.1 bp −$1735.1 bp −$351doesn't fitdoesn't fit

ARB on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1577%1h0.2230+0.389%$40K$372K12xas long as short
Variational Omni ARB−0.0151%8h0.2222+0.038%$1.9M$2.9Mas long as short
01 Exchange ARBUSD−0.0144%1h0.2220−0.062%$7K$2K10xas long as short
SoDEX ARB-USD−0.0143%1h0.2224+0.101%$10K$2.4M5xas long as short
OKX ARB-USDT-SWAP−0.0133%8h0.2218−0.134%$22.3M$151.5M50xas long as short
MEXC ARB_USDT−0.0132%8h0.2218−0.134%$38.2M$59.1M200xas long as short
Deribit ARB_USDC-PERPETUAL−0.0110%1h0.2224+0.137%$24K$34K25xas long as short
Kraken Futures PF_ARBUSD−0.0098%1h0.2225+0.169%$1.1M$4.6M50xas long as short
Bybit ARBUSDT−0.0096%8h0.2218−0.138%$56.4M$126.5M50xas long as short
Gate ARB_USDT−0.0090%8h0.2219−0.102%$5.4M$19.1M60xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ARB-USD−0.0088%1h0.2225+0.159%$96K$2.1M10xas long as short
Orderly PERP_ARB_USDC−0.0072%8h0.2223+0.074%$12K$385K10xas long as short
dYdX ARB-USD0.0000%1h0.2219−0.113%$66K$5K10xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0013%1h0.2225+0.181%$11K150xas long as short
Binance ARBUSDT+0.0007%8h0.2219−0.111%$64.6M$308.6M75xas long as short
Extended ARB-USD+0.0008%1h0.2218−0.158%$353K$2.5M25xas long as short
BloFin ARB-USDT+0.0028%8h0.2223+0.060%$3.1M$2.7M75xas long as short
ApeX Omni ARBUSDT+0.0044%1h0.2220−0.062%$120K$283K50xas long as short
Aevo ARB-PERP+0.0080%1h0.2225+0.173%$141K$7K3xas long as short
Bitget ARBUSDT+0.0093%8h0.2217−0.197%$21.2M$34.9M50xas long as short
Lighter ARB+0.0096%1h0.2219−0.102%$1.2M$6.4M15xas long as short
Phemex ARBUSDT+0.0096%8h0.2224+0.119%$5.0M$12.9M50xas long as short
BingX ARB-USDC+0.0097%8h0.2220−0.080%$6.5Mas long as short
Hyperliquid ARB+0.0100%1h0.2219−0.116%$38.5M$49.7M10xas long as short
Aster ARBUSDT+0.0100%8h0.2222+0.020%$651K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2218−0.137%$42K$178K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2218−0.134%$19.6M$15.5M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2217−0.181%$40K$462K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2219−0.113%$477K$3.6M10xas long as short
SunX ARB-USDT+0.0100%8h0.2226+0.209%$1K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2224+0.123%$298K$946K50xas long as short
Coinbase International ARB-PERP-INTXshort+0.0224%1h0.2226+0.209%$508K$2.1M50x
RISEx ARB/USDClong+0.0232%1h0.2221long leg$491K$2.7M10x
GMX ARB/USD [ARB-USDC]L +0.0273% / S −0.0155%1h0.2225+0.164%$830K150xas long as short
Reya ARBRUSDPERP+0.0290%1h0.2225+0.144%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0560%1h0.2227+0.240%$1.0M$2.8M20xas long as short