ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0041%/8h= −4.5% APRnext payment −$0.05 per $10,000 · paid last 24h −0.001%

Price spread now: Deribit against SoDEX+0.036%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Deribit is 0.036% dearer against SoDEX than usual: you sell high and buy low (spread +0.036% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX ARB-USD	0.2198	0.0041	pay 0.0005% / 1h	46m 47s	$10K	$2.3M	5x
Short	Deribit ARB_USDC-PERPETUAL	0.2199	0	get 0.0000% / 1h	46m 47s	$24K	$34K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against SoDEX. 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 SoDEXbpFee DeribitbpOrdersPrice spread, now +0.036%Rate

Funding earned: −$8.53
Price spread: +0.036% → 0.000%: $3.64
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$19.9
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: SoDEX: live order book, 2 min ago; Deribit: 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 SoDEX live order book, 2 min ago	0.23 bp	5.6 bp −$6	19.9 bp −$199	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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	−0.1649%	1h	0.2188	−0.478%	$39K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0144%	1h	0.2202	+0.155%	$7K	$2K	10x	as long as short
OKX ARB-USDT-SWAP	−0.0135%	8h	0.2199	+0.036%	$22.2M	$147.9M	50x	as long as short
MEXC ARB_USDT	−0.0134%	8h	0.2200	+0.045%	$40.6M	$59.6M	200x	as long as short
Polymarket Perps ARB-USD	−0.0121%	1h	0.2201	+0.118%	$90K	$2.2M	10x	as long as short
Variational Omni ARB	−0.0117%	8h	0.2192	−0.279%	$1.8M	$2.9M	—	as long as short
Gate ARB_USDT	−0.0102%	8h	0.2200	+0.050%	$5.3M	$18.7M	60x	as long as short
Orderly PERP_ARB_USDC	−0.0078%	8h	0.2199	+0.023%	$13K	$388K	10x	as long as short
Bybit ARBUSDT	−0.0046%	8h	0.2199	+0.027%	$55.7M	$125.9M	50x	as long as short
Kraken Futures PF_ARBUSD	−0.0006%	1h	0.2200	+0.055%	$1.1M	$4.4M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ARB-USD	0.0000%	1h	0.2200	+0.051%	$65K	$5K	10x	as long as short
Deribit ARB_USDC-PERPETUALshort	0.0000%	1h	0.2199	+0.036%	$24K	$34K	25x
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2200	+0.055%	$32K	—	150x	as long as short
Extended ARB-USD	+0.0008%	1h	0.2199	+0.010%	$349K	$2.5M	25x	as long as short
Binance ARBUSDT	+0.0010%	8h	0.2200	+0.059%	$64.2M	$306.6M	75x	as long as short
BloFin ARB-USDT	+0.0038%	8h	0.2200	+0.045%	$3.1M	$2.6M	75x	as long as short
SoDEX ARB-USDlong	+0.0041%	1h	0.2198	long leg	$10K	$2.3M	5x
Bitget ARBUSDT	+0.0065%	8h	0.2199	+0.023%	$20.9M	$34.6M	50x	as long as short
BingX ARB-USDT	+0.0066%	8h	0.2200	+0.064%	—	$53.8M	—	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2200	+0.052%	$140K	$7K	3x	as long as short
Phemex ARBUSDT	+0.0095%	8h	0.2199	+0.023%	$4.9M	$12.9M	50x	as long as short
Lighter ARB	+0.0096%	1h	0.2199	+0.027%	$1.2M	$5.7M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2202	+0.155%	$38.0M	$48.7M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2202	+0.137%	$635K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2200	+0.066%	$43K	$169K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2201	+0.118%	$19.5M	$15.1M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2193	−0.237%	$40K	$463K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2194	−0.205%	$468K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2193	−0.250%	$118K	$282K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2203	+0.205%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2200	+0.068%	$299K	$952K	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0224%	1h	0.2203	+0.205%	$493K	$2.0M	50x	as long as short
RISEx ARB/USDC	+0.0225%	1h	0.2203	+0.210%	$477K	$2.6M	10x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2200	+0.066%	$821K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2199	+0.025%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0619%	1h	0.2204	+0.237%	$996K	$2.8M	20x	as long as short