Funding you earn now, next payment 23:00 UTC+0.0061%/8h= +6.7% APRpaid last 24h +0.035%
Price spread now: Binance against SoDEX+0.004%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$310.313% of the position
Funding, last 3 days (all we have)+0.057%+$6 on $10k
+Price spread, last 3 days (all we have)−0.840%−$84 · spread now +0.004%, 7d avg +0.002%
=The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX ARB-USD | 0.2239 | −0.0068 | get 0.0009% / 1h | 36m 18s | $4K | $2.8M | 5x |
| Short | Binance ARBUSDT | 0.2240 | −0.0007 | pay 0.0007% / 8h | 1h 36m | $63.9M | $321.5M | 75x |
SoDEX ARB-USD
Binance ARBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SoDEX. 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
- $12.8
- Price spread: +0.004% → +0.002%
- $0.24
- Slippage, 4 orders
- −$13.32
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$18.28
- Costs to cover
- 0.313%
- Break-even
- 17.0 days
Slippage from SoDEX: live order book, 3 min ago; Binance: live order book, 7 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 SoDEX live order book, 3 min ago | 1.34 bp | 6.6 bp −$7 | 21.2 bp −$212 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.67 bp | 9.4 bp −$9 | 20.2 bp −$202 | 67.7 bp −$6,772 | 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 PERP | −0.1770% | 1h | 0.2225 | −0.643% | $40K | $283K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0224% | 1h | 0.2240 | +0.027% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0162% | 8h | 0.2236 | −0.134% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0140% | 8h | 0.2239 | −0.018% | $57.7M | $135.4M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0101% | 8h | 0.2239 | −0.004% | $22.4M | $162.9M | 50x | as long as short |
| MEXC ARB_USDT | −0.0099% | 8h | 0.2240 | +0.036% | $37.5M | $62.4M | 200x | as long as short |
| SoDEX ARB-USDlong | −0.0068% | 1h | 0.2239 | long leg | $4K | $2.8M | 5x | |
| Polymarket Perps ARB-USD | −0.0057% | 1h | 0.2240 | +0.036% | $76K | $2.1M | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0027% | 8h | 0.2240 | +0.027% | $10K | $393K | 10x | as long as short |
| Extended ARB-USD | −0.0008% | 1h | 0.2239 | −0.004% | $356K | $2.4M | 25x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Polymarket Perps ARB-USD
Orderly PERP_ARB_USDC
Extended ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDTshort | −0.0007% | 8h | 0.2240 | +0.004% | $63.9M | $321.5M | 75x | |
| dYdX ARB-USD | 0.0000% | 1h | 0.2242 | +0.134% | $66K | $4K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2241 | +0.076% | $26K | $32K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2242 | +0.101% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0031% | 8h | 0.2241 | +0.054% | $5.5M | $20.7M | 60x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2242 | +0.104% | $147K | $12K | 3x | as long as short |
| BingX ARB-USDT | +0.0082% | 8h | 0.2240 | +0.018% | — | $53.6M | — | as long as short |
| Bitget ARBUSDT | +0.0083% | 8h | 0.2240 | +0.027% | $21.0M | $37.9M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2242 | +0.109% | $1.1M | $5.2M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2241 | +0.067% | $1.3M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2243 | +0.161% | $40.0M | $50.9M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2241 | +0.062% | $696K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2242 | +0.102% | $45K | $197K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2241 | +0.085% | $20.6M | $16.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2237 | −0.092% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2237 | −0.092% | $481K | $4.0M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2237 | −0.107% | $121K | $294K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2242 | +0.116% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2240 | +0.045% | $277K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2241 | +0.071% | $5.2M | $13.5M | 50x | as long as short |
| BloFin ARB-USDT | +0.0113% | 8h | 0.2240 | +0.009% | $3.0M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2243 | +0.161% | $509K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0275% / S −0.0158% | 1h | 0.2241 | +0.084% | $841K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2239 | −0.001% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2242 | +0.132% | $494K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0640% | 1h | 0.2245 | +0.237% | $1.1M | $2.7M | 20x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Aevo ARB-PERP
BingX ARB-USDT
Bitget ARBUSDT
Kraken Futures PF_ARBUSD
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
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP