ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0102%/8h= −11.2% APRnext payment −$0.13 per $10,000 · paid last 24h +0.057%

Price spread now: Kraken Futures against 01 Exchange+0.022%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 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

The price spread pays, funding is against you. Kraken Futures is 0.022% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 17 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange ARBUSD	0.2217	−0.0064	get 0.0008% / 1h	14m 33s	$7K	$458	10x
Short	Kraken Futures PF_ARBUSD	0.2218	−0.0166	pay 0.0021% / 1h	14m 33s	$1.1M	$4.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee 01 ExchangebpFee Kraken FuturesbpOrdersPrice spread, now +0.022%Rate

Funding earned: −$21.51
Price spread: +0.022% → 0.000%: $2.19
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$36.32
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Kraken Futures: live order book, 4 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 Kraken Futures live order book, 4 min ago	7.44 bp	14.6 bp −$15	31.7 bp −$317	432.8 bp −$43.3K	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 PERP	−0.1605%	1h	0.2213	−0.185%	$40K	$372K	12x	as long as short
Phemex ARBUSDT	−0.0261%	8h	0.2219	+0.086%	$4.9M	$12.7M	50x	as long as short
SoDEX ARB-USD	−0.0178%	1h	0.2216	−0.050%	$9K	$2.2M	5x	as long as short
Kraken Futures PF_ARBUSDshort	−0.0166%	1h	0.2218	+0.022%	$1.1M	$4.3M	50x
OKX ARB-USDT-SWAP	−0.0105%	8h	0.2218	+0.041%	$22.5M	$147.3M	50x	as long as short
MEXC ARB_USDT	−0.0104%	8h	0.2218	+0.054%	$44.6M	$63.9M	200x	as long as short
01 Exchange ARBUSDlong	−0.0064%	1h	0.2217	long leg	$7K	$458	10x
Gate ARB_USDT	−0.0053%	8h	0.2218	+0.018%	$5.5M	$18.4M	60x	as long as short
Orderly PERP_ARB_USDC	−0.0038%	8h	0.2217	−0.005%	$16K	$413K	10x	as long as short
Bybit ARBUSDT	−0.0012%	8h	0.2219	+0.072%	$54.3M	$125.5M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ARB-USD	0.0000%	1h	0.2219	+0.080%	$65K	$4K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2217	−0.009%	$28K	$38K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2218	+0.041%	$74K	—	150x	as long as short
Extended ARB-USD	+0.0008%	1h	0.2215	−0.089%	$366K	$3.0M	25x	as long as short
Binance ARBUSDT	+0.0010%	8h	0.2217	+0.011%	$64.0M	$298.7M	75x	as long as short
Variational Omni ARB	+0.0026%	8h	0.2217	+0.010%	$1.8M	$3.0M	—	as long as short
BloFin ARB-USDT	+0.0040%	8h	0.2220	+0.135%	$3.0M	$2.4M	75x	as long as short
Bitget ARBUSDT	+0.0054%	8h	0.2219	+0.086%	$21.3M	$34.6M	50x	as long as short
BingX ARB-USDT	+0.0058%	8h	0.2217	−0.014%	—	$32.7M	—	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2218	+0.018%	$141K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2220	+0.126%	$1.3M	$5.6M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2222	+0.226%	$36.1M	$51.9M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2219	+0.104%	$634K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2220	+0.108%	$44K	$147K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2220	+0.126%	$19.3M	$13.9M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2221	+0.189%	$40K	$468K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2215	−0.093%	$477K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2223	+0.266%	$120K	$290K	50x	as long as short
Polymarket Perps ARB-USD	+0.0100%	1h	0.2218	+0.050%	$74K	$2.0M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2221	+0.176%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2219	+0.081%	$298K	$832K	50x	as long as short
RISEx ARB/USDC	+0.0123%	1h	0.2220	+0.125%	$540K	$2.6M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0271%	1h	0.2219	+0.099%	$991K	$2.8M	20x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0159%	1h	0.2217	−0.012%	$838K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0288%	1h	0.2217	−0.001%	$2K	$695	20x	as long as short
Coinbase International ARB-PERP-INTX	+0.0336%	1h	0.2226	+0.397%	$540K	$1.6M	50x	as long as short