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

ARB

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.02 per $10,000 · paid last 24h +0.062%
Price spread now: Hyperliquid against Aevo+0.039%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1491.491% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.151%+$15 on $10k
Price spread, last 3 days (all we have)−0.845%−$84 · spread now +0.039%, 7d avg +0.038%
Together, before fees−0.694%+ Points / potential airdropHyperliquid: Season 2 · farm board−$69 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.038%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ARB-PERP0.22830.0080pay 0.0010% / 1h52m 20s$149K$12K3x
ShortHyperliquid ARB0.22840.0100get 0.0013% / 1h52m 20s$41.4M$47.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$4.2
Price spread: +0.039% → +0.038%
$0.13
Slippage, 4 orders
−$124.15
Fee Aevo: 8 bp × 2 orders
−$16
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$144.81
Costs to cover
1.491%
Break-even
248.4 days
Slippage from Aevo: live order book, 26 min ago; Hyperliquid: live order book, 11 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 Aevo live order book, 26 min ago35.73 bp66.3 bp −$66doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 11 min ago1.11 bp9.7 bp −$10doesn't fitdoesn'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−0.1785%1h0.2261−0.968%$41K$372K12xas long as short
Polymarket Perps ARB-USD−0.0209%1h0.2280−0.153%$78K$2.0M10xas long as short
Variational Omni ARB−0.0179%8h0.2263−0.878%$1.9M$2.7Mas long as short
01 Exchange ARBUSD−0.0176%1h0.2282−0.066%$7K$2K10xas long as short
Bybit ARBUSDT−0.0161%8h0.2281−0.110%$59.1M$129.2M50xas long as short
MEXC ARB_USDT−0.0102%8h0.2280−0.123%$37.8M$59.2M200xas long as short
OKX ARB-USDT-SWAP−0.0101%8h0.2281−0.101%$23.0M$161.1M50xas long as short
Orderly PERP_ARB_USDC−0.0040%8h0.2281−0.092%$13K$398K10xas long as short
SoDEX ARB-USD−0.0030%1h0.2281−0.083%$4K$2.7M5xas long as short
dYdX ARB-USD0.0000%1h0.2282−0.053%$67K$4K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ARB-USD0.0000%1h0.2281−0.114%$363K$2.3M25xas long as short
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2282−0.044%$26K$32K25xas long as short
Binance ARBUSDT+0.0004%8h0.2282−0.061%$65.8M$313.6M75xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0005%1h0.2282−0.067%$57K150xas long as short
BloFin ARB-USDT+0.0009%8h0.2287+0.158%$3.1M$2.7M75xas long as short
Gate ARB_USDT+0.0030%8h0.2281−0.114%$5.5M$20.0M60xas long as short
Bitget ARBUSDT+0.0067%8h0.2280−0.136%$21.6M$36.7M50xas long as short
BingX ARB-USDT+0.0067%8h0.2280−0.118%$53.3Mas long as short
Aevo ARB-PERPlong+0.0080%1h0.2283long leg$149K$12K3x
Lighter ARB+0.0096%1h0.2284+0.031%$1.4M$7.4M15xas long as short
Hyperliquid ARBshort+0.0100%1h0.2284+0.039%$41.4M$47.8M10x
Aster ARBUSDT+0.0100%8h0.2282−0.044%$710K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2283−0.004%$47K$193K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2282−0.053%$20.1M$16.3M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2269−0.615%$40K$461K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2270−0.574%$493K$3.7M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2265−0.793%$122K$295K50xas long as short
SunX ARB-USDT+0.0100%8h0.2285+0.083%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2286+0.145%$286K$1.1M50xas long as short
Phemex ARBUSDT+0.0100%8h0.2287+0.171%$5.3M$13.3M50xas long as short
Coinbase International ARB-PERP-INTX+0.0216%1h0.2291+0.346%$515K$2.3M50xas long as short
Kraken Futures PF_ARBUSD+0.0234%1h0.2282−0.048%$1.1M$4.9M50xas long as short
GMX ARB/USD [ARB-USDC]L +0.0274% / S −0.0157%1h0.2281−0.091%$855K150xas long as short
Reya ARBRUSDPERP+0.0290%1h0.2280−0.129%$2K$69520xas long as short
RISEx ARB/USDC+0.0330%1h0.2283+0.004%$556K$2.7M10xas long as short
Backpack ARB_USDC_PERP+0.0563%1h0.2291+0.329%$901K$2.8M20xas long as short