Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0320%/8h= −35.0% APRpaid last 24h −0.111%

Price spread now: MEXC against RISEx−0.173%102s7-day average −0.051% · 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—prices read too far apart to compare

costs, in and out, $10k−$140.141% of the position

Long on RISEx Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.362%−$36 on $10k

Price spread, last 5 days (all we have)+0.249%+$25 · spread now −0.173%, 7d avg −0.051%

Together, before fees−0.113%−$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and MEXC is 0.121% cheaper against RISEx than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.051%). Swap the legs. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx ARB/USDC	0.2191	0.0198	pay 0.0025% / 1h	18m 48s	$528K	$2.6M	10x
Short	MEXC ARB_USDT	0.2187	−0.0122	pay 0.0122% / 8h	6h 18m	$43.3M	$63.3M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee RISExbpFee MEXCbpOrdersPrice spread, now −0.173%Rate

Funding earned: −$67.21
Price spread: −0.173% → −0.051%: −$12.14
Slippage, 4 orders: −$8.13
Fee RISEx: 3 bp × 2 orders: −$6
Fee MEXC: 0 bp × 2 orders: $0
Net: −$93.49
Costs to cover: 0.141%
Break-even: never at this rate

Slippage from RISEx: live order book, 3 min ago; MEXC: live order book, 3 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, 3 min ago	2.97 bp	6.0 bp −$6	16.4 bp −$164	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	0.23 bp	0.3 bp $0	7.8 bp −$78	39.4 bp −$3,936	71.3 bp −$35.6K

ARB on 36 exchanges

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	−0.1631%	1h	0.2177	−0.624%	$39K	$372K	12x	as long as short
Kraken Futures PF_ARBUSD	−0.0391%	1h	0.2188	−0.108%	$1.1M	$4.2M	50x	as long as short
01 Exchange ARBUSD	−0.0256%	1h	0.2187	−0.159%	$7K	$414	10x	as long as short
Bybit ARBUSDT	−0.0151%	8h	0.2187	−0.168%	$53.7M	$123.4M	50x	as long as short
OKX ARB-USDT-SWAP	−0.0123%	8h	0.2187	−0.173%	$22.7M	$144.6M	50x	as long as short
MEXC ARB_USDTshort	−0.0122%	8h	0.2187	−0.173%	$43.3M	$63.3M	200x
SoDEX ARB-USD	−0.0091%	1h	0.2187	−0.163%	$9K	$2.2M	5x	as long as short
Orderly PERP_ARB_USDC	−0.0027%	8h	0.2187	−0.168%	$16K	$412K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0024%	1h	0.2188	−0.113%	$29K	$36K	25x	as long as short
Binance ARBUSDT	−0.0018%	8h	0.2188	−0.145%	$63.9M	$292.9M	75x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ARB-USD	−0.0016%	1h	0.2186	−0.205%	$359K	$3.0M	25x	as long as short
Gate ARB_USDT	−0.0009%	8h	0.2188	−0.145%	$5.4M	$17.8M	60x	as long as short
Variational Omni ARB	−0.0004%	8h	0.2186	−0.200%	$1.8M	$2.8M	—	as long as short
dYdX ARB-USD	0.0000%	1h	0.2188	−0.134%	$64K	$4K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2189	−0.094%	$73K	—	150x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2188	−0.099%	$139K	$7K	3x	as long as short
BingX ARB-USDC	+0.0091%	8h	0.2186	−0.214%	—	$6.5M	—	as long as short
Lighter ARB	+0.0096%	1h	0.2187	−0.150%	$1.2M	$5.6M	15x	as long as short
Bitget ARBUSDT	+0.0096%	8h	0.2188	−0.122%	$21.0M	$33.9M	50x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2190	−0.031%	$35.7M	$50.3M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2188	−0.133%	$626K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2188	−0.104%	$42K	$144K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2188	−0.131%	$19.0M	$13.6M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2188	−0.131%	$40K	$467K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2190	−0.014%	$471K	$3.5M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2190	−0.031%	$118K	$311K	50x	as long as short
Polymarket Perps ARB-USD	+0.0100%	1h	0.2187	−0.154%	$73K	$1.9M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2191	+0.015%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2193	+0.111%	$297K	$811K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2187	−0.168%	$4.7M	$12.7M	50x	as long as short
BloFin ARB-USDT	+0.0102%	8h	0.2187	−0.154%	$3.0M	$2.1M	75x	as long as short
RISEx ARB/USDClong	+0.0198%	1h	0.2191	long leg	$528K	$2.6M	10x
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0159%	1h	0.2189	−0.086%	$827K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0288%	1h	0.2187	−0.159%	$2K	$695	20x	as long as short
Coinbase International ARB-PERP-INTX	+0.0408%	1h	0.2197	+0.289%	$524K	$1.5M	50x	as long as short
Backpack ARB_USDC_PERP	+0.0433%	1h	0.2191	−0.004%	$979K	$2.7M	20x	as long as short