Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0087%/8h= −9.6% APRpaid last 24h −0.017%

Price spread now: Binance against Aevo−0.030%7-day average −0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$185as in the Funding arb table

Net, price: spread back to 7d avg − costs−$171as in the Price arb table

costs, in and out, $10k−$1731.730% of the position

Long on Aevo Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.118%−$12 on $10k

Price spread, last 4 days (all we have)−0.430%−$43 · spread now −0.030%, 7d avg −0.054%

Together, before fees−0.549%−$55 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.024% dearer against Aevo than usual: you sell high and buy low (spread −0.030% now, against its 7-day average of −0.054%): +$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 22 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo ARB-PERP	0.2174	0.0080	pay 0.0010% / 1h	22m 17s	$138K	$7K	3x
Short	Binance ARBUSDT	0.2173	−0.0007	pay 0.0007% / 8h	22m 17s	$62.3M	$301.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aevo. 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 AevobpFee BinancebpOrdersPrice spread, now −0.030%Rate

Funding earned: −$18.32
Price spread: −0.030% → −0.054%: $2.38
Slippage, 4 orders: −$147.05
Fee Aevo: 8 bp × 2 orders: −$16
Fee Binance: 5 bp × 2 orders: −$10
Net: −$188.99
Costs to cover: 1.730%
Break-even: never at this rate

Slippage from Aevo: live order book, 12 min ago; Binance: live order book, 6 min ago.

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 Aevo live order book, 12 min ago	39.05 bp	85.5 bp −$86	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	0.23 bp	5.5 bp −$6	13.4 bp −$134	61.1 bp −$6,111	doesn't fit

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	−0.1612%	1h	0.2165	−0.393%	$39K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0200%	1h	0.2173	−0.007%	$7K	$236	10x	as long as short
OKX ARB-USDT-SWAP	−0.0083%	8h	0.2172	−0.058%	$21.8M	$144.1M	50x	as long as short
MEXC ARB_USDT	−0.0082%	8h	0.2173	−0.039%	$41.6M	$62.5M	200x	as long as short
Orderly PERP_ARB_USDC	−0.0045%	8h	0.2174	+0.021%	$13K	$405K	10x	as long as short
SoDEX ARB-USD	−0.0013%	1h	0.2172	−0.048%	$9K	$2.2M	5x	as long as short
Extended ARB-USD	−0.0008%	1h	0.2172	−0.082%	$347K	$3.1M	25x	as long as short
Polymarket Perps ARB-USD	−0.0008%	1h	0.2173	−0.025%	$76K	$2.1M	10x	as long as short
Binance ARBUSDTshort	−0.0007%	8h	0.2173	−0.030%	$62.3M	$301.2M	75x
dYdX ARB-USD	0.0000%	1h	0.2176	+0.112%	$64K	$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	0.2174	+0.002%	$28K	$38K	25x	as long as short
Variational Omni ARB	+0.0002%	8h	0.2173	−0.014%	$1.8M	$3.0M	—	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0007%	1h	0.2173	−0.006%	$69K	—	150x	as long as short
Bybit ARBUSDT	+0.0015%	8h	0.2172	−0.048%	$53.1M	$126.1M	50x	as long as short
Gate ARB_USDT	+0.0016%	8h	0.2172	−0.053%	$5.3M	$18.4M	60x	as long as short
RISEx ARB/USDC	+0.0069%	1h	0.2174	+0.035%	$495K	$2.6M	10x	as long as short
Aevo ARB-PERPlong	+0.0080%	1h	0.2174	long leg	$138K	$7K	3x
BingX ARB-USDT	+0.0084%	8h	0.2173	−0.016%	—	$33.0M	—	as long as short
Bitget ARBUSDT	+0.0085%	8h	0.2172	−0.071%	$21.0M	$34.6M	50x	as long as short
Kraken Futures PF_ARBUSD	+0.0093%	1h	0.2174	+0.031%	$1.1M	$4.4M	50x	as long as short
Lighter ARB	+0.0096%	1h	0.2175	+0.053%	$1.3M	$5.5M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2174	+0.025%	$36.6M	$49.5M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2174	+0.022%	$622K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2177	+0.145%	$43K	$147K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2174	+0.016%	$19.3M	$14.0M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2174	+0.029%	$38K	$464K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2175	+0.090%	$467K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2174	+0.021%	$117K	$278K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2175	+0.067%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2177	+0.168%	$291K	$841K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2176	+0.113%	$4.8M	$12.7M	50x	as long as short
BloFin ARB-USDT	+0.0111%	8h	0.2175	+0.048%	$3.0M	$2.3M	75x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2173	−0.016%	$820K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0288%	1h	0.2172	−0.056%	$2K	$695	20x	as long as short
Coinbase International ARB-PERP-INTX	+0.0336%	1h	0.2177	+0.173%	$511K	$1.5M	50x	as long as short
Backpack ARB_USDC_PERP	+0.0509%	1h	0.2179	+0.237%	$978K	$2.9M	20x	as long as short