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

ARB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.059%
Price spread now: Hyperliquid against SunX+0.022%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1691.688% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.126%+$13 on $10k
Price spread, last 3 days (all we have)−0.645%−$64 · spread now +0.022%, 7d avg +0.001%
Together, before fees−0.519%+ Points / potential airdropHyperliquid: Season 2 · farm board−$52 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.021% dearer against SunX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ARB-USDT0.22780.0100pay 0.0100% / 8h37m 03s$2K$1.1M30x
ShortHyperliquid ARB0.22780.0100get 0.0013% / 1h37m 03s$41.4M$47.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$0
Price spread: +0.022% → +0.001%
$2.13
Slippage, 4 orders
−$151.83
Fee SunX: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$166.7
Costs to cover
1.688%
Break-even
never at this rate
Slippage from SunX: live order book, 6 min ago; Hyperliquid: live order book, 6 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, 6 min ago30.77 bp62.9 bp −$63doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 6 min ago0.22 bp9.3 bp −$9doesn'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−0.1785%1h0.2264−0.615%$41K$372K12xas long as short
Polymarket Perps ARB-USD−0.0301%1h0.2274−0.158%$75K$2.0M10xas long as short
Variational Omni ARB−0.0184%8h0.2272−0.282%$1.9M$2.7Mas long as short
Bybit ARBUSDT−0.0161%8h0.2275−0.136%$58.5M$128.9M50xas long as short
01 Exchange ARBUSD−0.0152%1h0.2275−0.119%$7K$2K10xas long as short
MEXC ARB_USDT−0.0110%8h0.2276−0.070%$38.3M$59.6M200xas long as short
OKX ARB-USDT-SWAP−0.0109%8h0.2275−0.114%$23.0M$160.7M50xas long as short
SoDEX ARB-USD−0.0063%1h0.2276−0.083%$4K$2.6M5xas long as short
Orderly PERP_ARB_USDC−0.0041%8h0.2275−0.132%$13K$395K10xas long as short
dYdX ARB-USD0.0000%1h0.2274−0.166%$67K$4K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2277−0.061%$26K$32K25xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0005%1h0.2276−0.087%$56K150xas long as short
Binance ARBUSDT+0.0007%8h0.2277−0.059%$66.7M$314.2M75xas long as short
Extended ARB-USD+0.0008%1h0.2275−0.151%$363K$2.3M25xas long as short
Gate ARB_USDT+0.0017%8h0.2275−0.136%$5.5M$20.2M60xas long as short
BloFin ARB-USDT+0.0029%8h0.2275−0.140%$3.1M$2.8M75xas long as short
Bitget ARBUSDT+0.0067%8h0.2275−0.132%$21.5M$36.1M50xas long as short
BingX ARB-USDC+0.0071%8h0.2273−0.211%$6.5Mas long as short
Aevo ARB-PERP+0.0080%1h0.2277−0.055%$149K$12K3xas long as short
Lighter ARB+0.0096%1h0.2278−0.009%$1.4M$7.4M15xas long as short
Hyperliquid ARBshort+0.0100%1h0.2278+0.022%$41.4M$47.3M10x
Aster ARBUSDT+0.0100%8h0.2276−0.069%$709K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2275−0.139%$48K$185K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2276−0.092%$19.8M$16.2M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2273−0.226%$40K$461K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2273−0.219%$485K$3.7M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2273−0.219%$122K$295K50xas long as short
SunX ARB-USDTlong+0.0100%8h0.2278long leg$2K$1.1M30x
HTX ARB-USDT+0.0100%8h0.2276−0.101%$290K$1.1M50xas long as short
Phemex ARBUSDT+0.0100%8h0.2274−0.176%$5.2M$13.2M50xas long as short
Coinbase International ARB-PERP-INTX+0.0216%1h0.2276−0.088%$512K$2.3M50xas long as short
Kraken Futures PF_ARBUSD+0.0235%1h0.2277−0.041%$1.2M$4.9M50xas long as short
Reya ARBRUSDPERP+0.0290%1h0.2274−0.178%$2K$69520xas long as short
GMX ARB/USD [ARB-USDC]L +0.0296% / S −0.0186%1h0.2276−0.090%$930K150xas long as short
RISEx ARB/USDC+0.0330%1h0.2277−0.033%$503K$2.7M10xas long as short
Backpack ARB_USDC_PERP+0.0466%1h0.2279+0.040%$926K$2.8M20xas long as short