Funding you earn now, next payment 00:00 UTC−0.0115%/8h= −12.6% APRnext payment −$1.15 per $10,000 · paid last 24h −0.013%
Price spread now: Binance against SunX−0.076%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1751.752% of the position
Funding, last 7 days−0.135%−$13 on $10k
+Price spread, last 3 days (all we have)−0.836%−$84 · spread now −0.076%, 7d avg −0.095%
=The price spread sits at its 7-day average of −0.095%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ARB-USDT | 0.2224 | 0.0100 | pay 0.0100% / 8h | 1h 49m | $1K | $1.1M | 30x |
| Short | Binance ARBUSDT | 0.2222 | −0.0015 | pay 0.0015% / 8h | 1h 49m | $63.3M | $323.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SunX. 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
- −$24.1
- Price spread: −0.076% → −0.095%
- $1.83
- Slippage, 4 orders
- −$157.24
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$197.51
- Costs to cover
- 1.752%
- Break-even
- never at this rate
Slippage from SunX: live order book, 4 min ago; Binance: live order book, 9 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 SunX live order book, 4 min ago | 29.22 bp | 58.7 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.45 bp | 8.6 bp −$9 | 23.3 bp −$233 | 77.5 bp −$7,751 | 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 | 0.2211 | −0.585% | $40K | $283K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0248% | 1h | 0.2222 | −0.103% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USD | −0.0164% | 1h | 0.2221 | −0.112% | $4K | $2.9M | 5x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0155% | 1h | 0.2222 | −0.099% | $25K | $32K | 25x | as long as short |
| Variational Omni ARB | −0.0154% | 8h | 0.2222 | −0.101% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0134% | 8h | 0.2221 | −0.126% | $57.1M | $136.1M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0110% | 8h | 0.2222 | −0.085% | $22.2M | $162.7M | 50x | as long as short |
| MEXC ARB_USDT | −0.0109% | 8h | 0.2223 | −0.054% | $36.6M | $62.1M | 200x | as long as short |
| Polymarket Perps ARB-USD | −0.0087% | 1h | 0.2222 | −0.072% | $76K | $2.2M | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0023% | 8h | 0.2221 | −0.135% | $11K | $393K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ARB-USD | −0.0016% | 1h | 0.2221 | −0.115% | $353K | $2.4M | 25x | as long as short |
| Binance ARBUSDTshort | −0.0015% | 8h | 0.2222 | −0.076% | $63.3M | $323.3M | 75x | |
| dYdX ARB-USD | 0.0000% | 1h | 0.2223 | −0.026% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2223 | −0.061% | $55K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0014% | 8h | 0.2223 | −0.045% | $5.5M | $20.6M | 60x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2223 | −0.051% | $145K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0083% | 8h | 0.2223 | −0.045% | $20.8M | $38.0M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0086% | 1h | 0.2224 | +0.011% | $1.1M | $5.2M | 50x | as long as short |
| BingX ARB-USDC | +0.0088% | 8h | 0.2221 | −0.126% | — | $6.5M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2223 | −0.036% | $1.3M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2225 | +0.022% | $39.7M | $52.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2224 | −0.006% | $691K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2224 | −0.004% | $44K | $197K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2224 | −0.004% | $20.5M | $16.9M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2223 | −0.057% | $36K | $459K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2226 | +0.097% | $479K | $4.0M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2224 | 0.000% | $120K | $296K | 50x | as long as short |
| SunX ARB-USDTlong | +0.0100% | 8h | 0.2224 | long leg | $1K | $1.1M | 30x | |
| HTX ARB-USDT | +0.0100% | 8h | 0.2223 | −0.063% | $274K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2222 | −0.090% | $5.2M | $13.5M | 50x | as long as short |
| BloFin ARB-USDT | +0.0106% | 8h | 0.2223 | −0.036% | $3.0M | $3.2M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2231 | +0.315% | $506K | $2.5M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2222 | −0.068% | $831K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2221 | −0.121% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2225 | +0.031% | $491K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0571% | 1h | 0.2225 | +0.049% | $1.1M | $2.7M | 20x | as long as short |
SunX ARB-USDT
Binance ARBUSDT
Injective ARB/USDC PERP
01 Exchange ARBUSD
SoDEX ARB-USD
Deribit ARB_USDC-PERPETUAL
Variational Omni ARB
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Polymarket Perps ARB-USD
Extended ARB-USD
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Bitget ARBUSDT
Kraken Futures PF_ARBUSD
BingX ARB-USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP