Settings8H · net · $10k
Funding arb · Price arb /

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0012%/8h= −1.3% APRpaid last 24h −0.004%
Price spread now: Aevo against SunX−0.152%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$277as in the Funding arb table
Net, price: spread back to 7d avg − costs−$287as in the Price arb table
costs, in and out, $10k−$2752.748% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$3 on $10k
Price spread, last 4 days (all we have)+0.229%+$23 · spread now −0.152%, 7d avg −0.035%
Together, before fees+0.204%+$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Aevo is 0.118% cheaper against SunX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.035%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ARB-USDT0.22080.0100pay 0.0100% / 8h4h 52m$2K$1.1M30x
ShortAevo ARB-PERP0.22050.0088get 0.0011% / 1h52m 45s$140K$7K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against SunX. 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

Funding earned
−$2.52
Price spread: −0.152% → −0.035%
−$11.77
Slippage, 4 orders
−$250.75
Fee SunX: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$289.04
Costs to cover
2.748%
Break-even
never at this rate
Slippage from SunX: live order book, 10 min ago; Aevo: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 10 min ago31.67 bp64.6 bp −$65doesn't fitdoesn't fitdoesn't fit
Sell Aevo live order book, 1 min ago31.70 bp57.1 bp −$57doesn't fitdoesn't fitdoesn't fit

ARB on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1649%1h0.2196−0.543%$40K$372K12xas long as short
Deribit ARB_USDC-PERPETUAL−0.0204%1h0.2203−0.204%$24K$34K25xas long as short
OKX ARB-USDT-SWAP−0.0141%8h0.2193−0.684%$22.1M$147.5M50xas long as short
MEXC ARB_USDT−0.0140%8h0.2193−0.697%$40.7M$59.5M200xas long as short
Variational Omni ARB−0.0125%8h0.2208−0.014%$1.8M$2.9Mas long as short
01 Exchange ARBUSD−0.0112%1h0.2204−0.177%$7K$2K10xas long as short
Gate ARB_USDT−0.0102%8h0.2203−0.240%$5.3M$18.6M60xas long as short
SoDEX ARB-USD−0.0086%1h0.2203−0.217%$10K$2.3M5xas long as short
Orderly PERP_ARB_USDC−0.0078%8h0.2204−0.181%$13K$388K10xas long as short
Bybit ARBUSDT−0.0050%8h0.2193−0.684%$55.6M$125.9M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ARBUSD−0.0006%1h0.2205−0.129%$1.1M$4.4M50xas long as short
dYdX ARB-USD0.0000%1h0.2194−0.638%$65K$5K10xas long as short
Polymarket Perps ARB-USD+0.0002%1h0.2205−0.154%$70K$2.2M10xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0012%1h0.2204−0.162%$10K150xas long as short
Binance ARBUSDT+0.0013%8h0.2193−0.669%$64.0M$306.6M75xas long as short
Extended ARB-USD+0.0016%1h0.2201−0.318%$351K$2.5M25xas long as short
ApeX Omni ARBUSDT+0.0046%1h0.2199−0.408%$119K$283K50xas long as short
BloFin ARB-USDT+0.0055%8h0.2203−0.204%$3.1M$2.6M75xas long as short
Bitget ARBUSDT+0.0068%8h0.2200−0.362%$21.0M$34.6M50xas long as short
BingX ARB-USDC+0.0070%8h0.2202−0.267%$6.5Mas long as short
Aevo ARB-PERPshort+0.0088%1h0.2205−0.152%$140K$7K3x
Lighter ARB+0.0096%1h0.2193−0.661%$1.2M$5.7M15xas long as short
Hyperliquid ARB+0.0100%1h0.2202−0.281%$38.0M$48.6M10xas long as short
Aster ARBUSDT+0.0100%8h0.2203−0.221%$636K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2196−0.534%$43K$169K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2203−0.213%$19.5M$15.2M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2206−0.071%$40K$461K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2197−0.485%$467K$3.6M10xas long as short
SunX ARB-USDTlong+0.0100%8h0.2208long leg$2K$1.1M30x
HTX ARB-USDT+0.0100%8h0.2204−0.177%$299K$956K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2203−0.226%$4.9M$12.9M50xas long as short
Coinbase International ARB-PERP-INTX+0.0224%1h0.2211+0.136%$495K$2.0M50xas long as short
RISEx ARB/USDC+0.0225%1h0.2205−0.113%$482K$2.6M10xas long as short
GMX ARB/USD [ARB-USDC]L +0.0273% / S −0.0155%1h0.2204−0.183%$823K150xas long as short
Reya ARBRUSDPERP+0.0289%1h0.2204−0.190%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0638%1h0.2206−0.100%$994K$2.8M20xas long as short