Funding you earn now, next payment 06:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.09 per $10,000 · paid last 24h −0.030%
Price spread now: GMX against RISEx+0.003%7-day average −0.003% · 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)−0.185%−$18 on $10k
+Price spread, last 4 days (all we have)+0.270%+$27 · spread now +0.003%, 7d avg −0.003%
=The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.185%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx ARB/USDC | 0.2182 | 0.0086 | pay 0.0011% / 1h | 54m 59s | $442K | $2.6M | 10x |
| Short | GMX ARB/USD [ARB-USDC] | 0.2182 | L +0.0277% / S −0.0160% | get 0.0020% / 1h | 54m 59s | $829K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $15.57
- Price spread: +0.003% → −0.003%
- $0.62
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$1.81
- Costs to cover
- 0.180%
- Break-even
- 7.8 days
Slippage unknown: RISEx: live order book, 4 min ago; GMX: 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, 4 min ago | 0.23 bp | 3.2 bp −$3 | 16.1 bp −$161 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | −0.1581% | 1h | 0.2174 | −0.346% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0200% | 1h | 0.2180 | −0.075% | $7K | $819 | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0179% | 1h | 0.2180 | −0.075% | $78K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0095% | 8h | 0.2182 | +0.029% | $1.8M | $3.0M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0094% | 8h | 0.2182 | +0.035% | $21.7M | $142.6M | 50x | as long as short |
| MEXC ARB_USDT | −0.0093% | 8h | 0.2183 | +0.090% | $41.2M | $60.1M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0075% | 1h | 0.2184 | +0.108% | $1.1M | $4.4M | 50x | as long as short |
| Bybit ARBUSDT | −0.0061% | 8h | 0.2181 | −0.030% | $54.4M | $123.7M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0059% | 8h | 0.2182 | +0.021% | $13K | $407K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2184 | +0.104% | $65K | $5K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2183 | +0.076% | $24K | $31K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2182 | +0.005% | $44K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0019% | 8h | 0.2183 | +0.080% | $5.4M | $18.0M | 60x | as long as short |
| Bitget ARBUSDT | +0.0048% | 8h | 0.2182 | +0.021% | $20.8M | $34.1M | 50x | as long as short |
| BingX ARB-USDT | +0.0070% | 8h | 0.2182 | +0.044% | — | $53.7M | — | as long as short |
| Extended ARB-USD | +0.0072% | 1h | 0.2182 | +0.031% | $348K | $2.8M | 25x | as long as short |
| Binance ARBUSDT | +0.0073% | 8h | 0.2183 | +0.064% | $62.7M | $300.8M | 75x | as long as short |
| RISEx ARB/USDClong | +0.0086% | 1h | 0.2182 | long leg | $442K | $2.6M | 10x | |
| Lighter ARB | +0.0096% | 1h | 0.2182 | +0.039% | $1.2M | $5.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2183 | +0.054% | $138K | $7K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2185 | +0.181% | $36.9M | $48.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2184 | +0.096% | $629K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2182 | +0.039% | $42K | $160K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2185 | +0.149% | $19.5M | $14.5M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2184 | +0.095% | $39K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2185 | +0.143% | $475K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2185 | +0.158% | $118K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2185 | +0.158% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2183 | +0.067% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2184 | +0.099% | $295K | $887K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2182 | +0.021% | $4.9M | $12.8M | 50x | as long as short |
| BloFin ARB-USDT | +0.0193% | 8h | 0.2184 | +0.094% | $3.0M | $2.5M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC]short | L +0.0277% / S −0.0160% | 1h | 0.2182 | +0.003% | $829K | — | 150x | |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2185 | +0.158% | $500K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2179 | −0.094% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0658% | 1h | 0.2187 | +0.245% | $981K | $2.8M | 20x | as long as short |
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Bitget ARBUSDT
BingX ARB-USDT
Extended ARB-USD
Binance ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
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
Backpack ARB_USDC_PERP