Funding you earn now, next payment 01:00 UTC−0.0444%/8h= −48.6% APRnext payment −$0.55 per $10,000 · paid last 24h −0.070%
Price spread now: Deribit against RISEx+0.119%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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—needs both histories
The price spread pays, funding is against you. Deribit is 0.119% dearer against RISEx than usual: you sell high and buy low (spread +0.119% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 21 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx ARB/USDC | 0.2257 | 0.0384 | pay 0.0048% / 1h | 59m 21s | $512K | $2.7M | 10x |
| Short | Deribit ARB_USDC-PERPETUAL | 0.2260 | −0.0060 | pay 0.0008% / 1h | 59m 21s | $25K | $34K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$93.18
- Price spread: +0.119% → 0.000%
- $11.89
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$94.29
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: RISEx: live order book, 5 min ago; Deribit: no order-book sample. 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 RISEx live order book, 5 min ago | 1.99 bp | 5.2 bp −$5 | 23.6 bp −$236 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | 0.2247 | −0.448% | $41K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0248% | 1h | 0.2255 | −0.094% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0201% | 8h | 0.2259 | +0.077% | $2.0M | $2.8M | — | as long as short |
| Polymarket Perps ARB-USD | −0.0194% | 1h | 0.2256 | −0.054% | $66K | $2.0M | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0138% | 1h | 0.2262 | +0.227% | $1.1M | $4.9M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0116% | 8h | 0.2260 | +0.128% | $22.8M | $158.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0115% | 8h | 0.2256 | −0.054% | $38.2M | $58.5M | 200x | as long as short |
| Deribit ARB_USDC-PERPETUALshort | −0.0060% | 1h | 0.2260 | +0.119% | $25K | $34K | 25x | |
| Orderly PERP_ARB_USDC | −0.0042% | 8h | 0.2260 | +0.128% | $13K | $392K | 10x | as long as short |
| Gate ARB_USDT | −0.0019% | 8h | 0.2256 | −0.045% | $5.4M | $19.6M | 60x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ARB-USD | −0.0008% | 1h | 0.2259 | +0.070% | $359K | $2.3M | 25x | as long as short |
| Binance ARBUSDT | −0.0006% | 8h | 0.2259 | +0.068% | $66.5M | $313.2M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2257 | −0.019% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2258 | +0.026% | $56K | — | 150x | as long as short |
| Bitget ARBUSDT | +0.0047% | 8h | 0.2258 | +0.039% | $21.3M | $36.1M | 50x | as long as short |
| BingX ARB-USDC | +0.0052% | 8h | 0.2256 | −0.027% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2261 | +0.153% | $148K | $3K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2257 | −0.010% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2258 | +0.048% | $40.9M | $47.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2258 | +0.041% | $702K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2258 | +0.028% | $47K | $183K | 10x | as long as short |
| Bybit ARBUSDT | +0.0100% | 8h | 0.2258 | +0.030% | $58.2M | $127.9M | 50x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2256 | −0.072% | $19.6M | $16.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2261 | +0.160% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2261 | +0.171% | $482K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2263 | +0.261% | $122K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2258 | +0.039% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2260 | +0.123% | $4K | $2.6M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2257 | +0.013% | $290K | $1.0M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2258 | +0.039% | $5.2M | $13.0M | 50x | as long as short |
| BloFin ARB-USDT | +0.0117% | 8h | 0.2260 | +0.132% | $3.1M | $2.8M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2260 | +0.128% | $510K | $2.3M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2254 | −0.133% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0297% / S −0.0186% | 1h | 0.2258 | +0.040% | $923K | — | 150x | as long as short |
| RISEx ARB/USDClong | +0.0384% | 1h | 0.2257 | long leg | $512K | $2.7M | 10x | |
| Backpack ARB_USDC_PERP | +0.0458% | 1h | 0.2260 | +0.128% | $1.0M | $2.8M | 20x | as long as short |
RISEx ARB/USDC
Deribit ARB_USDC-PERPETUAL
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
Polymarket Perps ARB-USD
Kraken Futures PF_ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Gate ARB_USDT
Extended ARB-USD
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
BingX ARB-USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Bybit ARBUSDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP