ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0313%/8h= +34.3% APRnext payment +$0.39 per $10,000 · paid last 24h +0.065%

Price spread now: Reya against 01 Exchange−0.229%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Reya

What this pair did over the last

the charts below follow

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—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.229% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.229% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$23 on $10k: about 2.4 days of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange ARBUSD	0.2181	−0.0024	get 0.0003% / 1h	10m 00s	$7K	$1K	10x
Short	Reya ARBRUSDPERP	0.2176	0.0289	get 0.0036% / 1h	10m 00s	$2K	$695	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.229%Rate

Funding earned: $65.73
Price spread: −0.229% → 0.000%: −$22.93
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Reya: 3 bp × 2 orders: −$6
Net: $29.8
Costs to cover: 0.130%
Break-even: 3.8 days

Slippage unknown: 01 Exchange: no order-book sample; Reya: 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Reya no order-book sample	—	—	—	—	—

01 Exchange and Reya: 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	−0.1589%	1h	0.2181	−0.009%	$39K	$372K	12x	as long as short
Polymarket Perps ARB-USD	−0.0176%	1h	0.2177	−0.197%	$69K	$2.1M	10x	as long as short
OKX ARB-USDT-SWAP	−0.0100%	8h	0.2178	−0.124%	$21.9M	$141.3M	50x	as long as short
MEXC ARB_USDT	−0.0100%	8h	0.2179	−0.087%	$41.2M	$60.9M	200x	as long as short
Variational Omni ARB	−0.0091%	8h	0.2182	+0.020%	$1.8M	$3.0M	—	as long as short
Orderly PERP_ARB_USDC	−0.0062%	8h	0.2176	−0.238%	$12K	$407K	10x	as long as short
Bybit ARBUSDT	−0.0052%	8h	0.2178	−0.133%	$54.7M	$123.3M	50x	as long as short
Kraken Futures PF_ARBUSD	−0.0051%	1h	0.2178	−0.131%	$1.0M	$4.4M	50x	as long as short
01 Exchange ARBUSDlong	−0.0024%	1h	0.2181	long leg	$7K	$1K	10x
dYdX ARB-USD	0.0000%	1h	0.2182	+0.018%	$65K	$5K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2176	−0.225%	$24K	$31K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0009%	1h	0.2175	−0.303%	$44K	—	150x	as long as short
Gate ARB_USDT	+0.0008%	8h	0.2178	−0.160%	$5.3M	$18.2M	60x	as long as short
Bitget ARBUSDT	+0.0051%	8h	0.2178	−0.147%	$20.8M	$33.9M	50x	as long as short
BingX ARB-USDC	+0.0053%	8h	0.2179	−0.119%	—	$6.5M	—	as long as short
Extended ARB-USD	+0.0056%	1h	0.2178	−0.136%	$348K	$2.2M	25x	as long as short
Binance ARBUSDT	+0.0060%	8h	0.2179	−0.083%	$63.7M	$298.9M	75x	as long as short
Lighter ARB	+0.0096%	1h	0.2177	−0.174%	$1.2M	$5.5M	15x	as long as short
Aevo ARB-PERP	+0.0096%	1h	0.2177	−0.193%	$138K	$7K	3x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2177	−0.188%	$37.0M	$48.7M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2180	−0.070%	$627K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2180	−0.032%	$42K	$158K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2178	−0.142%	$19.5M	$14.5M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2189	+0.378%	$38K	$461K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2190	+0.414%	$468K	$3.5M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2188	+0.312%	$118K	$283K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2177	−0.193%	$2K	$1.1M	30x	as long as short
SoDEX ARB-USD	+0.0100%	1h	0.2177	−0.188%	$10K	$2.2M	5x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2173	−0.362%	$294K	$885K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2178	−0.147%	$4.9M	$12.8M	50x	as long as short
RISEx ARB/USDC	+0.0118%	1h	0.2181	+0.007%	$444K	$2.6M	10x	as long as short
BloFin ARB-USDT	+0.0179%	8h	0.2182	+0.050%	$3.1M	$2.5M	75x	as long as short
Coinbase International ARB-PERP-INTX	+0.0256%	1h	0.2178	−0.147%	$491K	$1.6M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2175	−0.282%	$823K	—	150x	as long as short
Reya ARBRUSDPERPshort	+0.0289%	1h	0.2176	−0.229%	$2K	$695	20x
Backpack ARB_USDC_PERP	+0.0567%	1h	0.2180	−0.055%	$978K	$2.8M	20x	as long as short