Funding you earn now, next payment 22:00 UTC−0.1347%/8h= −147.5% APRnext payment −$1.68 per $10,000 · paid last 24h −0.421%
Price spread now: Injective against 01 Exchange−0.667%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$40 a day on $10k at the current rate, and Injective is 0.667% cheaper against 01 Exchange than usual: you would sell low and buy high (−$67 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange ARBUSD | 0.2234 | −0.0328 | get 0.0041% / 1h | 38m 29s | $7K | $2K | 10x |
| Short | Injective ARB/USDC PERP | 0.2219 | −0.1675 | pay 0.0209% / 1h | 38m 29s | $40K | $107K | 12x |
01 Exchange ARBUSD
Injective ARB/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against 01 Exchange. 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
- −$282.82
- Price spread: −0.667% → 0.000%
- −$66.7
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$356.54
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Injective: live order book, 50 min ago. 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Injective live order book, 50 min ago | 51.10 bp | 51.1 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
01 Exchange: 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 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 PERPshort | −0.1675% | 1h | 0.2219 | −0.667% | $40K | $107K | 12x | |
| 01 Exchange ARBUSDlong | −0.0328% | 1h | 0.2234 | long leg | $7K | $2K | 10x | |
| Bybit ARBUSDT | −0.0214% | 8h | 0.2234 | −0.004% | $56.6M | $136.2M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0197% | 1h | 0.2235 | +0.063% | $37K | $18K | 25x | as long as short |
| Variational Omni ARB | −0.0184% | 8h | 0.2232 | −0.078% | $1.9M | $2.8M | — | as long as short |
| SoDEX ARB-USD | −0.0073% | 1h | 0.2234 | −0.004% | $4K | $2.9M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0072% | 8h | 0.2233 | −0.027% | $22.2M | $165.6M | 50x | as long as short |
| MEXC ARB_USDT | −0.0069% | 8h | 0.2233 | −0.018% | $37.6M | $63.3M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2235 | +0.070% | $1.1M | $5.3M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0011% | 8h | 0.2235 | +0.049% | $10K | $387K | 10x | as long as short |
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
Variational Omni ARB
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Kraken Futures PF_ARBUSD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ARB-USD | −0.0001% | 1h | 0.2234 | +0.022% | $77K | $2.3M | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2238 | +0.174% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2236 | +0.094% | $55K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0008% | 8h | 0.2234 | +0.025% | $63.6M | $326.3M | 75x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2233 | −0.025% | $355K | $2.5M | 25x | as long as short |
| Gate ARB_USDT | +0.0017% | 8h | 0.2235 | +0.040% | $5.5M | $21.5M | 60x | as long as short |
| BloFin ARB-USDT | +0.0030% | 8h | 0.2235 | +0.027% | $3.0M | $3.3M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2235 | +0.063% | $146K | $12K | 3x | as long as short |
| BingX ARB-USDT | +0.0083% | 8h | 0.2234 | +0.018% | — | $54.0M | — | as long as short |
| Bitget ARBUSDT | +0.0084% | 8h | 0.2234 | +0.004% | $21.0M | $38.8M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2237 | +0.157% | $1.3M | $7.7M | 15x | as long as short |
| ApeX Omni ARBUSDT | +0.0097% | 1h | 0.2230 | −0.175% | $121K | $297K | 50x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2237 | +0.148% | $40.1M | $53.1M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2236 | +0.093% | $696K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2238 | +0.173% | $46K | $205K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2236 | +0.090% | $20.7M | $17.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2231 | −0.131% | $38K | $448K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2231 | −0.142% | $478K | $4.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2232 | −0.085% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2234 | −0.013% | $275K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2234 | +0.004% | $5.4M | $13.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0168% | 1h | 0.2236 | +0.073% | $820K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2235 | +0.049% | $507K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2234 | +0.013% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0531% | 1h | 0.2239 | +0.233% | $1.1M | $2.8M | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2237 | +0.119% | $491K | $2.9M | 10x | as long as short |
Polymarket Perps ARB-USD
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
Gate ARB_USDT
BloFin ARB-USDT
Aevo ARB-PERP
BingX ARB-USDT
Bitget ARBUSDT
Lighter ARB
ApeX Omni ARBUSDT
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP
RISEx ARB/USDC