Funding you earn now, next payment 04:00 UTC−0.0074%/8h= −8.1% APRpaid last 24h +0.035%
Price spread now: Gate against SoDEX−0.036%7-day average −0.011% · 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−$48as in the Price arb table
costs, in and out, $10k−$450.452% of the position
Funding, last 3 days (all we have)+0.046%+$5 on $10k
+Price spread, last 4 days (all we have)−1.238%−$124 · spread now −0.036%, 7d avg −0.011%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.025% cheaper against SoDEX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.011%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX ARB-USD | 0.2200 | 0.0029 | pay 0.0004% / 1h | 2m 07s | $10K | $2.2M | 5x |
| Short | Gate ARB_USDT | 0.2200 | −0.0045 | pay 0.0045% / 8h | 4h 02m | $5.3M | $18.9M | 60x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$15.61
- Price spread: −0.036% → −0.011%
- −$2.5
- Slippage, 4 orders
- −$22.25
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$63.35
- Costs to cover
- 0.452%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 2 min ago; Gate: live order book, 2 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, 2 min ago | 0.23 bp | 5.5 bp −$6 | 18.4 bp −$184 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 0.68 bp | 19.3 bp −$19 | 27.5 bp −$275 | 101.5 bp −$10.1K | 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 | −0.1649% | 1h | 0.2189 | −0.514% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0168% | 1h | 0.2199 | −0.045% | $7K | $2K | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0153% | 1h | 0.2199 | −0.059% | $86K | $2.1M | 10x | as long as short |
| MEXC ARB_USDT | −0.0115% | 8h | 0.2200 | −0.014% | $41.5M | $60.9M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0114% | 8h | 0.2200 | −0.027% | $22.2M | $144.9M | 50x | as long as short |
| Variational Omni ARB | −0.0096% | 8h | 0.2192 | −0.397% | $1.8M | $2.9M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0074% | 8h | 0.2199 | −0.059% | $12K | $400K | 10x | as long as short |
| Gate ARB_USDTshort | −0.0045% | 8h | 0.2200 | −0.036% | $5.3M | $18.9M | 60x | |
| Bybit ARBUSDT | −0.0034% | 8h | 0.2199 | −0.064% | $55.4M | $124.7M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0006% | 1h | 0.2201 | +0.017% | $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 | +0.008% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2201 | +0.036% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2201 | +0.033% | $32K | — | 150x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2199 | −0.056% | $348K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0018% | 8h | 0.2200 | 0.000% | $64.0M | $301.6M | 75x | as long as short |
| SoDEX ARB-USDlong | +0.0029% | 1h | 0.2200 | long leg | $10K | $2.2M | 5x | |
| Bitget ARBUSDT | +0.0061% | 8h | 0.2200 | −0.014% | $20.9M | $34.2M | 50x | as long as short |
| BingX ARB-USDT | +0.0061% | 8h | 0.2200 | −0.027% | — | $53.7M | — | as long as short |
| BloFin ARB-USDT | +0.0071% | 8h | 0.2201 | +0.036% | $3.1M | $2.6M | 75x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2201 | +0.012% | $140K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2200 | −0.009% | $1.2M | $5.8M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2201 | +0.018% | $37.7M | $48.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2200 | −0.014% | $633K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2200 | −0.009% | $42K | $168K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2200 | 0.000% | $19.5M | $14.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2195 | −0.260% | $38K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2195 | −0.241% | $466K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2194 | −0.286% | $118K | $284K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2202 | +0.077% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2200 | −0.036% | $298K | $909K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2200 | −0.014% | $5.0M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2201 | +0.018% | $490K | $1.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0225% | 1h | 0.2200 | −0.020% | $476K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2201 | +0.014% | $830K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2198 | −0.082% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0609% | 1h | 0.2203 | +0.136% | $992K | $2.8M | 20x | as long as short |
SoDEX ARB-USD
Gate ARB_USDT
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Variational Omni ARB
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
Bitget ARBUSDT
BingX ARB-USDT
BloFin ARB-USDT
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
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP