Funding you earn now, next payment 06:00 UTC−0.0174%/8h= −19.1% APRpaid last 24h −0.014%
Price spread now: Kraken Futures against SunX−0.129%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$202as in the Price arb table
costs, in and out, $10k−$1921.922% of the position
Funding, last 7 days−0.186%−$19 on $10k
+Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.129%, 7d avg −0.029%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Kraken Futures is 0.101% cheaper against SunX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.029%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ARB-USDT | 0.2202 | 0.0100 | pay 0.0100% / 8h | 2h 19m | $2K | $1.1M | 30x |
| Short | Kraken Futures PF_ARBUSD | 0.2199 | −0.0074 | pay 0.0009% / 1h | 19m 13s | $1.1M | $4.4M | 50x |
SunX ARB-USDT
Kraken Futures PF_ARBUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$36.54
- Price spread: −0.129% → −0.029%
- −$10.06
- Slippage, 4 orders
- −$174.23
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$238.84
- Costs to cover
- 1.922%
- Break-even
- never at this rate
Slippage from SunX: live order book, 4 min ago; Kraken Futures: live order book, 5 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 | 31.98 bp | 65.2 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 7.33 bp | 12.3 bp −$12 | 21.7 bp −$217 | 551.1 bp −$55.1K | 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 | −0.1581% | 1h | 0.2189 | −0.590% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0168% | 1h | 0.2199 | −0.154% | $7K | $236 | 10x | as long as short |
| Variational Omni ARB | −0.0098% | 8h | 0.2185 | −0.783% | $1.8M | $3.0M | — | as long as short |
| Polymarket Perps ARB-USD | −0.0082% | 1h | 0.2199 | −0.154% | $78K | $2.1M | 10x | as long as short |
| Bybit ARBUSDT | −0.0077% | 8h | 0.2198 | −0.163% | $54.9M | $124.2M | 50x | as long as short |
| Kraken Futures PF_ARBUSDshort | −0.0074% | 1h | 0.2199 | −0.129% | $1.1M | $4.4M | 50x | |
| MEXC ARB_USDT | −0.0057% | 8h | 0.2200 | −0.095% | $41.6M | $61.4M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0056% | 8h | 0.2199 | −0.123% | $21.7M | $144.2M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0047% | 8h | 0.2199 | −0.136% | $12K | $408K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2198 | −0.171% | $65K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
Polymarket Perps ARB-USD
Bybit ARBUSDT
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Orderly PERP_ARB_USDC
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2199 | −0.150% | $23K | $33K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2200 | −0.102% | $44K | — | 150x | as long as short |
| Bitget ARBUSDT | +0.0057% | 8h | 0.2199 | −0.136% | $21.0M | $34.3M | 50x | as long as short |
| Gate ARB_USDT | +0.0078% | 8h | 0.2199 | −0.118% | $5.5M | $18.2M | 60x | as long as short |
| BingX ARB-USDT | +0.0084% | 8h | 0.2199 | −0.145% | — | $53.8M | — | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2198 | −0.160% | $446K | $2.6M | 10x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2198 | −0.168% | $1.3M | $5.5M | 15x | as long as short |
| Extended ARB-USD | +0.0096% | 1h | 0.2197 | −0.242% | $349K | $2.8M | 25x | as long as short |
| Binance ARBUSDT | +0.0096% | 8h | 0.2199 | −0.140% | $62.8M | $300.2M | 75x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2201 | −0.036% | $37.0M | $48.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2199 | −0.153% | $633K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2198 | −0.162% | $42K | $149K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2200 | −0.095% | $19.6M | $14.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2187 | −0.686% | $39K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2182 | −0.917% | $464K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2182 | −0.908% | $118K | $282K | 50x | as long as short |
| SunX ARB-USDTlong | +0.0100% | 8h | 0.2202 | long leg | $2K | $1.1M | 30x | |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2198 | −0.163% | $9K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2200 | −0.095% | $294K | $884K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2199 | −0.136% | $4.9M | $12.8M | 50x | as long as short |
| Aevo ARB-PERP | +0.0104% | 1h | 0.2199 | −0.129% | $139K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0216% | 8h | 0.2198 | −0.182% | $3.0M | $2.4M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0159% | 1h | 0.2200 | −0.095% | $833K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2201 | −0.045% | $509K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2198 | −0.189% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0730% | 1h | 0.2203 | +0.036% | $988K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
Gate ARB_USDT
BingX ARB-USDT
RISEx ARB/USDC
Lighter ARB
Extended ARB-USD
Binance ARBUSDT
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
Aevo ARB-PERP
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP