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 − costs—under 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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx ARB/USDC | 0.2221 | 0.0232 | pay 0.0029% / 1h | 34m 37s | $491K | $2.7M | 10x |
| Short | Coinbase International ARB-PERP-INTX | 0.2226 | 0.0224 | get 0.0028% / 1h | 34m 37s | $508K | $2.1M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy RISEx live order book, 4 min ago | 1.35 bp | 4.4 bp −$4 | 16.1 bp −$161 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 6.55 bp | 17.1 bp −$17 | 35.1 bp −$351 | 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 | 0.2230 | +0.389% | $40K | $372K | 12x | as long as short |
| Variational Omni ARB | −0.0151% | 8h | 0.2222 | +0.038% | $1.9M | $2.9M | — | as long as short |
| 01 Exchange ARBUSD | −0.0144% | 1h | 0.2220 | −0.062% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USD | −0.0143% | 1h | 0.2224 | +0.101% | $10K | $2.4M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0133% | 8h | 0.2218 | −0.134% | $22.3M | $151.5M | 50x | as long as short |
| MEXC ARB_USDT | −0.0132% | 8h | 0.2218 | −0.134% | $38.2M | $59.1M | 200x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0110% | 1h | 0.2224 | +0.137% | $24K | $34K | 25x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0098% | 1h | 0.2225 | +0.169% | $1.1M | $4.6M | 50x | as long as short |
| Bybit ARBUSDT | −0.0096% | 8h | 0.2218 | −0.138% | $56.4M | $126.5M | 50x | as long as short |
| Gate ARB_USDT | −0.0090% | 8h | 0.2219 | −0.102% | $5.4M | $19.1M | 60x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ARB-USD | −0.0088% | 1h | 0.2225 | +0.159% | $96K | $2.1M | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0072% | 8h | 0.2223 | +0.074% | $12K | $385K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2219 | −0.113% | $66K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0013% | 1h | 0.2225 | +0.181% | $11K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0007% | 8h | 0.2219 | −0.111% | $64.6M | $308.6M | 75x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2218 | −0.158% | $353K | $2.5M | 25x | as long as short |
| BloFin ARB-USDT | +0.0028% | 8h | 0.2223 | +0.060% | $3.1M | $2.7M | 75x | as long as short |
| ApeX Omni ARBUSDT | +0.0044% | 1h | 0.2220 | −0.062% | $120K | $283K | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2225 | +0.173% | $141K | $7K | 3x | as long as short |
| Bitget ARBUSDT | +0.0093% | 8h | 0.2217 | −0.197% | $21.2M | $34.9M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2219 | −0.102% | $1.2M | $6.4M | 15x | as long as short |
| Phemex ARBUSDT | +0.0096% | 8h | 0.2224 | +0.119% | $5.0M | $12.9M | 50x | as long as short |
| BingX ARB-USDC | +0.0097% | 8h | 0.2220 | −0.080% | — | $6.5M | — | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2219 | −0.116% | $38.5M | $49.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2222 | +0.020% | $651K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2218 | −0.137% | $42K | $178K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2218 | −0.134% | $19.6M | $15.5M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2217 | −0.181% | $40K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2219 | −0.113% | $477K | $3.6M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2226 | +0.209% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2224 | +0.123% | $298K | $946K | 50x | as long as short |
| Coinbase International ARB-PERP-INTXshort | +0.0224% | 1h | 0.2226 | +0.209% | $508K | $2.1M | 50x | |
| RISEx ARB/USDClong | +0.0232% | 1h | 0.2221 | long leg | $491K | $2.7M | 10x | |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2225 | +0.164% | $830K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2225 | +0.144% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0560% | 1h | 0.2227 | +0.240% | $1.0M | $2.8M | 20x | as long as short |
RISEx ARB/USDC
Coinbase International ARB-PERP-INTX
Injective ARB/USDC PERP
Variational Omni ARB
01 Exchange ARBUSD
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
Gate ARB_USDT
Polymarket Perps ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
ApeX Omni ARBUSDT
Bitget ARBUSDT
Lighter ARB
Phemex ARBUSDT
BingX ARB-USDC
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP