Funding you earn now, next payment 01:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.12 per $10,000 · paid last 24h +0.033%
Price spread now: Reya against RISEx−0.211%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Reya is 0.211% cheaper against RISEx than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx ARB/USDC | 0.2246 | 0.0384 | pay 0.0048% / 1h | 36m 01s | $514K | $2.7M | 10x |
| Short | Reya ARBRUSDPERP | 0.2242 | 0.0290 | get 0.0036% / 1h | 36m 01s | $2K | $695 | 20x |
RISEx ARB/USDC
Reya ARBRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$19.67
- Price spread: −0.211% → 0.000%
- −$21.11
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$52.78
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: RISEx: live order book, 3 min ago; Reya: 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, 3 min ago | 1.55 bp | 4.6 bp −$5 | 17.5 bp −$175 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | 0.2237 | −0.421% | $40K | $372K | 12x | as long as short |
| Bybit ARBUSDT | −0.0235% | 8h | 0.2243 | −0.171% | $57.9M | $126.6M | 50x | as long as short |
| Variational Omni ARB | −0.0212% | 8h | 0.2242 | −0.202% | $1.9M | $2.8M | — | as long as short |
| 01 Exchange ARBUSD | −0.0144% | 1h | 0.2245 | −0.078% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0139% | 1h | 0.2245 | −0.045% | $1.1M | $4.9M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0119% | 8h | 0.2243 | −0.145% | $22.5M | $156.3M | 50x | as long as short |
| MEXC ARB_USDT | −0.0117% | 8h | 0.2242 | −0.207% | $38.3M | $59.0M | 200x | as long as short |
| SoDEX ARB-USD | −0.0064% | 1h | 0.2243 | −0.176% | $4K | $2.6M | 5x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0062% | 1h | 0.2243 | −0.136% | $25K | $34K | 25x | as long as short |
| Orderly PERP_ARB_USDC | −0.0045% | 8h | 0.2243 | −0.154% | $12K | $386K | 10x | as long as short |
Injective ARB/USDC PERP
Bybit ARBUSDT
Variational Omni ARB
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Deribit ARB_USDC-PERPETUAL
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | −0.0008% | 8h | 0.2243 | −0.136% | $66.1M | $310.5M | 75x | as long as short |
| Extended ARB-USD | −0.0008% | 1h | 0.2242 | −0.197% | $357K | $3.3M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2249 | +0.127% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2244 | −0.105% | $55K | — | 150x | as long as short |
| Phemex ARBUSDT | +0.0015% | 8h | 0.2243 | −0.154% | $5.1M | $13.0M | 50x | as long as short |
| BingX ARB-USDT | +0.0061% | 8h | 0.2242 | −0.189% | — | $54.1M | — | as long as short |
| Bitget ARBUSDT | +0.0065% | 8h | 0.2243 | −0.154% | $21.3M | $35.9M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2243 | −0.131% | $142K | $7K | 3x | as long as short |
| Gate ARB_USDT | +0.0093% | 8h | 0.2244 | −0.122% | $5.4M | $19.7M | 60x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2245 | −0.078% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2246 | −0.024% | $40.5M | $47.3M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2245 | −0.050% | $698K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2249 | +0.112% | $44K | $186K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2244 | −0.127% | $19.5M | $15.9M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2249 | +0.108% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2250 | +0.158% | $482K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2250 | +0.158% | $121K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2244 | −0.127% | $65K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2245 | −0.065% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2246 | +0.002% | $292K | $1.0M | 50x | as long as short |
| BloFin ARB-USDT | +0.0110% | 8h | 0.2243 | −0.145% | $3.1M | $2.8M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2253 | +0.292% | $507K | $2.2M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0290% / S −0.0177% | 1h | 0.2244 | −0.100% | $893K | — | 150x | as long as short |
| Reya ARBRUSDPERPshort | +0.0290% | 1h | 0.2242 | −0.211% | $2K | $695 | 20x | |
| RISEx ARB/USDClong | +0.0384% | 1h | 0.2246 | long leg | $514K | $2.7M | 10x | |
| Backpack ARB_USDC_PERP | +0.0464% | 1h | 0.2246 | −0.024% | $1.0M | $2.8M | 20x | as long as short |
Binance ARBUSDT
Extended ARB-USD
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Phemex ARBUSDT
BingX ARB-USDT
Bitget ARBUSDT
Aevo ARB-PERP
Gate ARB_USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP