Funding you earn now, next payment 08:00 UTC−0.0168%/8h= −18.4% APRnext payment −$1.68 per $10,000 · paid last 24h −0.048%
Price spread now: Orderly against SunX+0.090%7-day average −0.081% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.294%−$29 on $10k
+Price spread, last 3 days (all we have)−0.090%−$9 · spread now +0.090%, 7d avg −0.081%
=The price spread pays, funding is against you. Orderly is 0.171% dearer against SunX than usual: you sell high and buy low (spread +0.090% now, against its 7-day average of −0.081%): +$17 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ARB-USDT | 0.2214 | 0.0100 | pay 0.0100% / 8h | 6h 07m | $1K | $1.1M | 30x |
| Short | Orderly PERP_ARB_USDC | 0.2216 | −0.0068 | pay 0.0068% / 8h | 6h 07m | $12K | $382K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$35.33
- Price spread: +0.090% → −0.081%
- $17.14
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$32.19
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: SunX: live order book, 6 min ago; Orderly: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 6 min ago | 31.55 bp | 64.4 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 35 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 | −0.1692% | 1h | 0.2195 | −0.858% | $40K | $372K | 12x | as long as short |
| SoDEX ARB-USD | −0.0246% | 1h | 0.2217 | +0.154% | $10K | $2.5M | 5x | as long as short |
| 01 Exchange ARBUSD | −0.0216% | 1h | 0.2218 | +0.203% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0157% | 8h | 0.2213 | −0.029% | $1.9M | $2.9M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0128% | 8h | 0.2216 | +0.108% | $22.4M | $155.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0127% | 8h | 0.2217 | +0.117% | $39.0M | $60.2M | 200x | as long as short |
| Orderly PERP_ARB_USDCshort | −0.0068% | 8h | 0.2216 | +0.090% | $12K | $382K | 10x | |
| Gate ARB_USDT | −0.0060% | 8h | 0.2218 | +0.199% | $5.4M | $20.0M | 60x | as long as short |
| Bybit ARBUSDT | −0.0040% | 8h | 0.2216 | +0.104% | $56.5M | $128.3M | 50x | as long as short |
| Extended ARB-USD | −0.0008% | 1h | 0.2217 | +0.140% | $352K | $2.5M | 25x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | −0.0004% | 8h | 0.2218 | +0.198% | $64.6M | $315.8M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2220 | +0.292% | $66K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2217 | +0.122% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0011% | 1h | 0.2219 | +0.248% | $10K | — | 150x | as long as short |
| ApeX Omni ARBUSDT | +0.0059% | 1h | 0.2208 | −0.271% | $119K | $286K | 50x | as long as short |
| Phemex ARBUSDT | +0.0079% | 8h | 0.2217 | +0.136% | $5.0M | $12.9M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2217 | +0.149% | $141K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2221 | +0.298% | $1.2M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2218 | +0.185% | $38.7M | $51.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2221 | +0.325% | $661K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2220 | +0.286% | $42K | $183K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2217 | +0.145% | $19.6M | $15.7M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2216 | +0.090% | $21.2M | $36.1M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2217 | +0.117% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2206 | −0.342% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2206 | −0.356% | $479K | $3.7M | 10x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2217 | +0.154% | $98K | $2.1M | 10x | as long as short |
| SunX ARB-USDTlong | +0.0100% | 8h | 0.2214 | long leg | $1K | $1.1M | 30x | |
| HTX ARB-USDT | +0.0100% | 8h | 0.2218 | +0.181% | $298K | $991K | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0240% | 1h | 0.2217 | +0.140% | $507K | $2.1M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2220 | +0.263% | $827K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2216 | +0.094% | $2K | $695 | 20x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0312% | 1h | 0.2218 | +0.176% | $1.1M | $4.7M | 50x | as long as short |
| RISEx ARB/USDC | +0.0466% | 1h | 0.2220 | +0.269% | $481K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0525% | 1h | 0.2224 | +0.438% | $1.0M | $2.8M | 20x | as long as short |
SunX ARB-USDT
Injective ARB/USDC PERP
SoDEX ARB-USD
01 Exchange ARBUSD
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Gate ARB_USDT
Bybit ARBUSDT
Extended ARB-USD
Binance ARBUSDT
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
ApeX Omni ARBUSDT
Phemex ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDC
edgeX ARBUSDC
GRVT ARB_USDT_Perp
Polymarket Perps ARB-USD
HTX ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Kraken Futures PF_ARBUSD
RISEx ARB/USDC
Backpack ARB_USDC_PERP