Funding you earn now, next payment 00:00 UTC−0.0093%/8h= −10.2% APRnext payment −$0.93 per $10,000 · paid last 24h −0.015%
Price spread now: Gate against SunX+0.027%7-day average −0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$205as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$1881.885% of the position
Funding, last 7 days−0.169%−$17 on $10k
+Price spread, last 3 days (all we have)−1.351%−$135 · spread now +0.027%, 7d avg −0.107%
=The price spread pays, funding is against you. Gate is 0.134% dearer against SunX than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of −0.107%): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ARB-USDT | 0.2239 | 0.0100 | pay 0.0100% / 8h | 2h 17m | $1K | $1.1M | 30x |
| Short | Gate ARB_USDT | 0.2240 | 0.0007 | get 0.0007% / 8h | 2h 17m | $5.5M | $21.6M | 60x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$19.53
- Price spread: +0.027% → −0.107%
- $13.36
- Slippage, 4 orders
- −$165.49
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$194.66
- Costs to cover
- 1.885%
- Break-even
- never at this rate
Slippage from SunX: live order book, 6 min ago; Gate: live order book, 1 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, 6 min ago | 31.19 bp | 63.7 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 2.90 bp | 15.3 bp −$15 | 24.9 bp −$249 | 94.8 bp −$9,479 | 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 | −0.1675% | 1h | 0.2231 | −0.357% | $40K | $197K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0280% | 1h | 0.2240 | +0.040% | $7K | $2K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0196% | 1h | 0.2240 | +0.054% | $38K | $20K | 25x | as long as short |
| Variational Omni ARB | −0.0161% | 8h | 0.2240 | +0.050% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0158% | 8h | 0.2238 | −0.067% | $56.3M | $135.9M | 50x | as long as short |
| SoDEX ARB-USD | −0.0114% | 1h | 0.2238 | −0.036% | $4K | $2.9M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0103% | 8h | 0.2236 | −0.152% | $22.3M | $164.7M | 50x | as long as short |
| MEXC ARB_USDT | −0.0101% | 8h | 0.2239 | −0.004% | $37.3M | $63.7M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2240 | +0.046% | $1.1M | $5.2M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0032% | 1h | 0.2240 | +0.040% | $77K | $2.2M | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0018% | 8h | 0.2239 | 0.000% | $11K | $388K | 10x | as long as short |
| Binance ARBUSDT | −0.0010% | 8h | 0.2237 | −0.071% | $63.6M | $324.6M | 75x | as long as short |
| Extended ARB-USD | −0.0008% | 1h | 0.2238 | −0.048% | $357K | $2.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2241 | +0.106% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2241 | +0.089% | $56K | — | 150x | as long as short |
| Gate ARB_USDTshort | +0.0007% | 8h | 0.2240 | +0.027% | $5.5M | $21.6M | 60x | |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2241 | +0.069% | $146K | $12K | 3x | as long as short |
| BingX ARB-USDC | +0.0086% | 8h | 0.2240 | +0.067% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0089% | 8h | 0.2240 | +0.045% | $21.0M | $38.3M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2239 | +0.018% | $1.3M | $7.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2242 | +0.138% | $40.1M | $52.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2242 | +0.130% | $697K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2242 | +0.114% | $47K | $199K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2240 | +0.063% | $20.6M | $17.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2244 | +0.215% | $40K | $456K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2244 | +0.212% | $483K | $4.1M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2242 | +0.134% | $121K | $297K | 50x | as long as short |
| SunX ARB-USDTlong | +0.0100% | 8h | 0.2239 | long leg | $1K | $1.1M | 30x | |
| HTX ARB-USDT | +0.0100% | 8h | 0.2246 | +0.331% | $276K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2239 | 0.000% | $5.3M | $13.7M | 50x | as long as short |
| BloFin ARB-USDT | +0.0110% | 8h | 0.2239 | 0.000% | $3.0M | $3.3M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0154% / S −0.0018% | 1h | 0.2241 | +0.072% | $849K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2249 | +0.447% | $504K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2239 | −0.007% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2243 | +0.165% | $497K | $2.9M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0580% | 1h | 0.2246 | +0.295% | $1.1M | $2.7M | 20x | as long as short |
SunX ARB-USDT
Gate ARB_USDT
Injective ARB/USDC PERP
01 Exchange ARBUSD
Deribit ARB_USDC-PERPETUAL
Variational Omni ARB
Bybit ARBUSDT
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Kraken Futures PF_ARBUSD
Polymarket Perps ARB-USD
Binance ARBUSDT
Extended ARB-USD
gTrade (Gains Network) ARB/USD
BingX ARB-USDC
Bitget ARBUSDT
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
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
Backpack ARB_USDC_PERP