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

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0173%/8h= −19.0% APRpaid last 24h −0.049%
Price spread now: SoDEX against SunX−0.125%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1691.691% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.082%−$8 on $10k
Price spread, last 3 days (all we have)+0.049%+$5 · spread now −0.125%, 7d avg −0.097%
Together, before fees−0.034%−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and SoDEX is 0.028% cheaper against SunX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.097%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ARB-USDT0.22430.0100pay 0.0100% / 8h1h 34m$2K$1.1M30x
ShortSoDEX ARB-USD0.2240−0.0073pay 0.0009% / 1h34m 55s$4K$2.8M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$36.39
Price spread: −0.125% → −0.097%
−$2.79
Slippage, 4 orders
−$153.11
Fee SunX: 4 bp × 2 orders
−$8
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$208.29
Costs to cover
1.691%
Break-even
never at this rate
Slippage from SunX: live order book, 8 min ago; SoDEX: live order book, 4 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, 8 min ago31.28 bp63.8 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell SoDEX live order book, 4 min ago1.34 bp6.7 bp −$719.7 bp −$197doesn'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−0.1770%1h0.2225−0.802%$40K$283K12xas long as short
01 Exchange ARBUSD−0.0224%1h0.2239−0.165%$7K$2K10xas long as short
Variational Omni ARB−0.0163%8h0.2239−0.183%$1.9M$2.8Mas long as short
Bybit ARBUSDT−0.0140%8h0.2238−0.214%$57.7M$135.3M50xas long as short
OKX ARB-USDT-SWAP−0.0100%8h0.2239−0.178%$22.4M$162.8M50xas long as short
MEXC ARB_USDT−0.0100%8h0.2239−0.169%$37.5M$62.4M200xas long as short
SoDEX ARB-USDshort−0.0073%1h0.2240−0.125%$4K$2.8M5x
Polymarket Perps ARB-USD−0.0059%1h0.2241−0.098%$76K$2.1M10xas long as short
Orderly PERP_ARB_USDC−0.0028%8h0.2241−0.089%$10K$393K10xas long as short
Extended ARB-USD−0.0008%1h0.2238−0.209%$356K$2.4M25xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ARBUSDT−0.0006%8h0.2239−0.183%$63.9M$321.4M75xas long as short
dYdX ARB-USD0.0000%1h0.2240−0.145%$66K$4K10xas long as short
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2242−0.045%$26K$32K25xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0005%1h0.2242−0.061%$56K150xas long as short
Gate ARB_USDT+0.0030%8h0.2239−0.160%$5.5M$20.7M60xas long as short
Aevo ARB-PERP+0.0080%1h0.2242−0.045%$147K$12K3xas long as short
Bitget ARBUSDT+0.0082%8h0.2239−0.178%$21.0M$37.9M50xas long as short
BingX ARB-USDC+0.0082%8h0.2238−0.201%$6.5Mas long as short
Kraken Futures PF_ARBUSD+0.0085%1h0.2242−0.038%$1.1M$5.2M50xas long as short
Lighter ARB+0.0096%1h0.2242−0.062%$1.3M$7.4M15xas long as short
Hyperliquid ARB+0.0100%1h0.2242−0.045%$40.0M$50.9M10xas long as short
Aster ARBUSDT+0.0100%8h0.2240−0.116%$696K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2241−0.108%$45K$197K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2240−0.116%$20.6M$16.8M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2240−0.153%$40K$462K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2240−0.147%$475K$4.0M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2237−0.267%$121K$294K50xas long as short
SunX ARB-USDTlong+0.0100%8h0.2243long leg$2K$1.1M30x
HTX ARB-USDT+0.0100%8h0.2240−0.147%$276K$1.2M50xas long as short
Phemex ARBUSDT+0.0100%8h0.2242−0.045%$5.2M$13.5M50xas long as short
BloFin ARB-USDT+0.0114%8h0.2240−0.138%$3.0M$3.3M75xas long as short
Coinbase International ARB-PERP-INTX+0.0264%1h0.2240−0.134%$509K$2.3M50xas long as short
GMX ARB/USD [ARB-USDC]L +0.0275% / S −0.0158%1h0.2242−0.025%$841K150xas long as short
Reya ARBRUSDPERP+0.0291%1h0.2240−0.114%$2K$69520xas long as short
RISEx ARB/USDC+0.0363%1h0.2242−0.047%$494K$2.7M10xas long as short
Backpack ARB_USDC_PERP+0.0645%1h0.2244+0.045%$1.1M$2.7M20xas long as short