Funding you earn now, next payment 22:00 UTC−0.2221%/8h= −243.2% APRnext payment −$2.78 per $10,000 · paid last 24h −0.531%
Price spread now: Injective against RISEx−0.558%7-day average −0.448% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1131.132% of the position
Funding, last 3 days (all we have)−2.025%−$203 on $10k
+Price spread, last 3 days (all we have)+1.442%+$144 · spread now −0.558%, 7d avg −0.448%
=Both sides work against this trade now: funding costs −$67 a day on $10k at the current rate, and Injective is 0.110% cheaper against RISEx than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.448%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx ARB/USDC | 0.2252 | 0.0546 | pay 0.0068% / 1h | 27m 10s | $495K | $2.9M | 10x |
| Short | Injective ARB/USDC PERP | 0.2239 | −0.1675 | pay 0.0209% / 1h | 27m 10s | $40K | $197K | 12x |
RISEx ARB/USDC
Injective ARB/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$466.38
- Price spread: −0.558% → −0.448%
- −$11.02
- Slippage, 4 orders
- −$107.13
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$590.55
- Costs to cover
- 1.132%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 2 min ago; Injective: live order book, 61 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, 2 min ago | 2.44 bp | 5.5 bp −$5 | 18.8 bp −$188 | doesn't fit | doesn't fit |
| Sell Injective live order book, 61 min ago | 51.10 bp | 51.1 bp −$51 | doesn't fit | 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 PERPshort | −0.1675% | 1h | 0.2239 | −0.558% | $40K | $197K | 12x | |
| 01 Exchange ARBUSD | −0.0288% | 1h | 0.2249 | −0.132% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0179% | 8h | 0.2250 | −0.061% | $56.6M | $136.1M | 50x | as long as short |
| Variational Omni ARB | −0.0172% | 8h | 0.2249 | −0.108% | $1.9M | $2.8M | — | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0150% | 1h | 0.2252 | +0.001% | $38K | $20K | 25x | as long as short |
| OKX ARB-USDT-SWAP | −0.0090% | 8h | 0.2250 | −0.092% | $22.4M | $166.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0088% | 8h | 0.2250 | −0.057% | $37.8M | $63.6M | 200x | as long as short |
| SoDEX ARB-USD | −0.0083% | 1h | 0.2251 | −0.048% | $4K | $2.9M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2251 | −0.011% | $1.1M | $5.3M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0015% | 8h | 0.2251 | −0.026% | $10K | $387K | 10x | as long as short |
01 Exchange ARBUSD
Bybit ARBUSDT
Variational Omni ARB
Deribit ARB_USDC-PERPETUAL
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Kraken Futures PF_ARBUSD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ARB-USD | −0.0002% | 1h | 0.2250 | −0.079% | $78K | $2.2M | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2251 | −0.017% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2252 | +0.009% | $60K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2250 | −0.063% | $358K | $2.4M | 25x | as long as short |
| Binance ARBUSDT | +0.0008% | 8h | 0.2250 | −0.071% | $64.0M | $325.0M | 75x | as long as short |
| Gate ARB_USDT | +0.0013% | 8h | 0.2251 | −0.026% | $5.5M | $21.6M | 60x | as long as short |
| BloFin ARB-USDT | +0.0033% | 8h | 0.2251 | −0.012% | $3.0M | $3.3M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2252 | +0.015% | $147K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0085% | 8h | 0.2250 | −0.070% | $21.1M | $38.5M | 50x | as long as short |
| BingX ARB-USDC | +0.0085% | 8h | 0.2249 | −0.119% | — | $6.5M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2253 | +0.041% | $1.3M | $7.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2253 | +0.059% | $40.3M | $53.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2250 | −0.073% | $700K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2251 | −0.004% | $47K | $200K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2252 | +0.019% | $20.8M | $17.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2249 | −0.127% | $36K | $453K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2249 | −0.110% | $480K | $4.1M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2248 | −0.159% | $122K | $297K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2251 | −0.026% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2248 | −0.168% | $276K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2252 | +0.019% | $5.3M | $13.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0154% / S −0.0018% | 1h | 0.2252 | +0.021% | $853K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2252 | +0.037% | $502K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2249 | −0.093% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDClong | +0.0546% | 1h | 0.2252 | long leg | $495K | $2.9M | 10x | |
| Backpack ARB_USDC_PERP | +0.0580% | 1h | 0.2254 | +0.103% | $1.1M | $2.7M | 20x | as long as short |
Polymarket Perps ARB-USD
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
Gate ARB_USDT
BloFin ARB-USDT
Aevo ARB-PERP
Bitget ARBUSDT
BingX ARB-USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP