Funding you earn now, next payment 09:00 UTC+0.0343%/8h= +37.6% APRnext payment +$0.43 per $10,000 · paid last 24h +0.111%
Price spread now: RISEx against SoDEX−0.112%79s7-day average +0.040% · 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−$190.192% of the position
Funding, last 4 days (all we have)+0.362%+$36 on $10k
+Price spread, last 4 days (all we have)−2.325%−$233 · spread now −0.112%, 7d avg +0.040%
=Funding pays, the price is against you. RISEx is 0.152% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.112% now, against its 7-day average of +0.040%). If the spread goes back, that is −$15 on $10k: about 35 hours of funding at the current rate (+$10 a day). The two prices were read 79 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 | SoDEX ARB-USD | 0.2193 | −0.0221 | get 0.0028% / 1h | 27m 14s | $9K | $2.3M | 5x |
| Short | RISEx ARB/USDC | 0.2191 | 0.0123 | get 0.0015% / 1h | 27m 14s | $527K | $2.7M | 10x |
SoDEX ARB-USD
RISEx ARB/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $72.08
- Price spread: −0.112% → +0.040%
- −$15.16
- Slippage, 4 orders
- −$5.24
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $37.68
- Costs to cover
- 0.192%
- Break-even
- 3.3 days
Slippage from SoDEX: live order book, 2 min ago; RISEx: 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 | 5.4 bp −$5 | 17.5 bp −$175 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 2 min ago | 1.14 bp | 4.1 bp −$4 | 16.1 bp −$161 | doesn't fit | 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 | −0.1605% | 1h | 0.2179 | −0.661% | $39K | $372K | 12x | as long as short |
| SoDEX ARB-USDlong | −0.0221% | 1h | 0.2193 | long leg | $9K | $2.3M | 5x | |
| Kraken Futures PF_ARBUSD | −0.0168% | 1h | 0.2195 | +0.054% | $1.1M | $4.2M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0160% | 1h | 0.2195 | +0.059% | $28K | $38K | 25x | as long as short |
| Gate ARB_USDT | −0.0145% | 8h | 0.2194 | +0.032% | $5.4M | $18.1M | 60x | as long as short |
| Phemex ARBUSDT | −0.0117% | 8h | 0.2194 | +0.023% | $4.8M | $12.8M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0095% | 8h | 0.2194 | +0.014% | $22.2M | $145.5M | 50x | as long as short |
| MEXC ARB_USDT | −0.0094% | 8h | 0.2194 | +0.014% | $43.5M | $63.1M | 200x | as long as short |
| Bybit ARBUSDT | −0.0071% | 8h | 0.2194 | +0.023% | $53.5M | $125.7M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0056% | 1h | 0.2195 | +0.046% | $7K | $209 | 10x | as long as short |
Injective ARB/USDC PERP
Kraken Futures PF_ARBUSD
Deribit ARB_USDC-PERPETUAL
Gate ARB_USDT
Phemex ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Bybit ARBUSDT
01 Exchange ARBUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0037% | 8h | 0.2194 | +0.023% | $16K | $414K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2196 | +0.098% | $65K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2192 | −0.047% | $73K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0016% | 8h | 0.2194 | +0.013% | $63.4M | $298.3M | 75x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2193 | −0.038% | $361K | $3.0M | 25x | as long as short |
| Variational Omni ARB | +0.0026% | 8h | 0.2189 | −0.183% | $1.8M | $3.0M | — | as long as short |
| BloFin ARB-USDT | +0.0063% | 8h | 0.2193 | −0.005% | $3.0M | $2.3M | 75x | as long as short |
| Bitget ARBUSDT | +0.0064% | 8h | 0.2193 | −0.023% | $21.0M | $34.6M | 50x | as long as short |
| BingX ARB-USDT | +0.0065% | 8h | 0.2194 | +0.005% | — | $32.8M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2195 | +0.068% | $139K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2195 | +0.068% | $1.3M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2196 | +0.109% | $37.0M | $50.3M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2196 | +0.122% | $629K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2197 | +0.159% | $43K | $148K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2195 | +0.082% | $19.5M | $13.7M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2187 | −0.282% | $40K | $468K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2190 | −0.163% | $466K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2189 | −0.205% | $118K | $267K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2195 | +0.091% | $74K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2195 | +0.068% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2196 | +0.119% | $294K | $835K | 50x | as long as short |
| RISEx ARB/USDCshort | +0.0123% | 1h | 0.2191 | −0.112% | $527K | $2.7M | 10x | |
| Backpack ARB_USDC_PERP | +0.0182% | 1h | 0.2197 | +0.146% | $981K | $2.8M | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2195 | +0.090% | $828K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2193 | −0.024% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2195 | +0.064% | $526K | $1.5M | 50x | as long as short |
Orderly PERP_ARB_USDC
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
Variational Omni ARB
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
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
Backpack ARB_USDC_PERP
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Coinbase International ARB-PERP-INTX