Funding you earn now, next payment 08:00 UTC−0.0212%/8h= −23.2% APRnext payment −$2.12 per $10,000 · paid last 24h −0.046%
Price spread now: OKX against SunX−0.150%47s7-day average −0.143% · you buy dearer than you sell
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1701.700% of the position
Funding, last 7 days−0.218%−$22 on $10k
+Price spread, last 3 days (all we have)−0.437%−$44 · spread now −0.150%, 7d avg −0.143%
=The price spread sits at its 7-day average of −0.143%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ARB-USDT | 0.2265 | 0.0100 | pay 0.0100% / 8h | 7h 15m | $2K | $1.1M | 30x |
| Short | OKX ARB-USDT-SWAP | 0.2262 | −0.0112 | pay 0.0112% / 8h | 7h 15m | $23.0M | $157.6M | 50x |
SunX ARB-USDT
OKX ARB-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$44.49
- Price spread: −0.150% → −0.143%
- −$0.66
- Slippage, 4 orders
- −$152.04
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$215.19
- Costs to cover
- 1.700%
- Break-even
- never at this rate
Slippage from SunX: live order book, 7 min ago; OKX: live order book, 3 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, 7 min ago | 30.76 bp | 59.7 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.22 bp | 11.3 bp −$11 | 28.7 bp −$287 | doesn't fit | 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 | −0.1666% | 1h | 0.2252 | −0.574% | $41K | $372K | 12x | as long as short |
| Variational Omni ARB | −0.0201% | 8h | 0.2262 | −0.141% | $2.0M | $2.8M | — | as long as short |
| 01 Exchange ARBUSD | −0.0152% | 1h | 0.2261 | −0.159% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0137% | 1h | 0.2268 | +0.116% | $1.2M | $4.9M | 50x | as long as short |
| Bybit ARBUSDT | −0.0114% | 8h | 0.2261 | −0.177% | $58.9M | $126.8M | 50x | as long as short |
| OKX ARB-USDT-SWAPshort | −0.0112% | 8h | 0.2262 | −0.150% | $23.0M | $157.6M | 50x | |
| MEXC ARB_USDT | −0.0111% | 8h | 0.2262 | −0.141% | $38.8M | $59.3M | 200x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0103% | 1h | 0.2264 | −0.049% | $25K | $34K | 25x | as long as short |
| SoDEX ARB-USD | −0.0076% | 1h | 0.2264 | −0.031% | $6K | $2.5M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0048% | 8h | 0.2264 | −0.044% | $12K | $386K | 10x | as long as short |
Injective ARB/USDC PERP
Variational Omni ARB
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
SoDEX ARB-USD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2264 | −0.034% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2264 | −0.034% | $33K | — | 150x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2263 | −0.092% | $364K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0016% | 8h | 0.2263 | −0.104% | $66.8M | $310.4M | 75x | as long as short |
| BloFin ARB-USDT | +0.0055% | 8h | 0.2262 | −0.146% | $3.1M | $2.9M | 75x | as long as short |
| BingX ARB-USDT | +0.0088% | 8h | 0.2263 | −0.088% | — | $54.3M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2266 | +0.022% | $144K | $7K | 3x | as long as short |
| Bitget ARBUSDT | +0.0093% | 8h | 0.2263 | −0.088% | $21.7M | $35.7M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2265 | +0.013% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2265 | +0.009% | $41.1M | $47.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2264 | −0.049% | $704K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2264 | −0.040% | $45K | $184K | 10x | as long as short |
| Gate ARB_USDT | +0.0100% | 8h | 0.2263 | −0.066% | $5.5M | $20.0M | 60x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2265 | −0.018% | $19.7M | $15.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2262 | −0.148% | $41K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2264 | −0.038% | $486K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2263 | −0.088% | $122K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2263 | −0.106% | $65K | $2.0M | 10x | as long as short |
| SunX ARB-USDTlong | +0.0100% | 8h | 0.2265 | long leg | $2K | $1.1M | 30x | |
| HTX ARB-USDT | +0.0100% | 8h | 0.2264 | −0.035% | $295K | $979K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2263 | −0.088% | $5.2M | $12.9M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2266 | +0.044% | $521K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0288% / S −0.0175% | 1h | 0.2264 | −0.052% | $896K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2261 | −0.162% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2265 | −0.004% | $521K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0597% | 1h | 0.2268 | +0.128% | $1.0M | $2.8M | 20x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
BingX ARB-USDT
Aevo ARB-PERP
Bitget ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Gate ARB_USDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP