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

ARB

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.050%
Price spread now: Deribit against SunX−0.114%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.114% cheaper against SunX than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ARB-USDT0.21920.0100pay 0.0100% / 8h52m 49s$2K$1.1M30x
ShortDeribit ARB_USDC-PERPETUAL0.21900get 0.0000% / 1h52m 49s$28K$38K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$21
Price spread: −0.114% → 0.000%
−$11.41
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$47.41
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 10 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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 10 min ago31.91 bp65.1 bp −$65doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1612%1h0.2181−0.502%$39K$372K12xas long as short
01 Exchange ARBUSD−0.0184%1h0.2189−0.119%$7K$23610xas long as short
OKX ARB-USDT-SWAP−0.0088%8h0.2190−0.087%$22.0M$144.8M50xas long as short
MEXC ARB_USDT−0.0088%8h0.2190−0.078%$42.2M$61.6M200xas long as short
Orderly PERP_ARB_USDC−0.0038%8h0.2188−0.182%$12K$407K10xas long as short
Variational Omni ARB−0.0027%8h0.2184−0.381%$1.8M$3.0Mas long as short
Polymarket Perps ARB-USD−0.0007%1h0.2189−0.137%$67K$2.1M10xas long as short
Bybit ARBUSDT−0.0005%8h0.2190−0.087%$53.7M$126.3M50xas long as short
dYdX ARB-USD0.0000%1h0.2190−0.076%$65K$5K10xas long as short
Deribit ARB_USDC-PERPETUALshort0.0000%1h0.2190−0.114%$28K$38K25x
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0009%1h0.2189−0.115%$44K150xas long as short
Binance ARBUSDT+0.0006%8h0.2190−0.070%$62.6M$301.5M75xas long as short
Extended ARB-USD+0.0008%1h0.2189−0.119%$349K$3.0M25xas long as short
SoDEX ARB-USD+0.0013%1h0.2189−0.123%$9K$2.2M5xas long as short
Gate ARB_USDT+0.0016%8h0.2191−0.055%$5.4M$18.3M60xas long as short
BloFin ARB-USDT+0.0026%8h0.2190−0.100%$3.0M$2.3M75xas long as short
RISEx ARB/USDC+0.0069%1h0.2190−0.083%$488K$2.6M10xas long as short
BingX ARB-USDC+0.0074%8h0.2190−0.114%$6.5Mas long as short
Bitget ARBUSDT+0.0076%8h0.2190−0.091%$21.1M$34.7M50xas long as short
Aevo ARB-PERP+0.0080%1h0.2189−0.126%$139K$7K3xas long as short
Kraken Futures PF_ARBUSD+0.0093%1h0.2191−0.065%$1.1M$4.4M50xas long as short
Lighter ARB+0.0096%1h0.2190−0.105%$1.2M$5.4M15xas long as short
Hyperliquid ARB+0.0100%1h0.2191−0.027%$37.0M$49.4M10xas long as short
Aster ARBUSDT+0.0100%8h0.2191−0.061%$629K$1.7M20xas long as short
Pacifica ARB+0.0100%1h0.2191−0.062%$42K$148K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2191−0.050%$19.5M$14.2M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2186−0.253%$39K$462K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2189−0.117%$467K$3.6M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2186−0.274%$118K$279K50xas long as short
SunX ARB-USDTlong+0.0100%8h0.2192long leg$2K$1.1M30x
HTX ARB-USDT+0.0100%8h0.2190−0.114%$292K$833K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2189−0.137%$4.8M$12.8M50xas long as short
GMX ARB/USD [ARB-USDC]L +0.0276% / S −0.0158%1h0.2189−0.134%$826K150xas long as short
Reya ARBRUSDPERP+0.0288%1h0.2188−0.173%$2K$69520xas long as short
Coinbase International ARB-PERP-INTX+0.0336%1h0.2195+0.137%$523K$1.5M50xas long as short
Backpack ARB_USDC_PERP+0.0771%1h0.2193+0.036%$985K$2.8M20xas long as short