Funding you earn now, next payment 06:00 UTC−0.0177%/8h= −19.4% APRnext payment −$0.22 per $10,000 · paid last 24h −0.010%
Price spread now: Kraken Futures against Aevo−0.008%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1431.427% of the position
Funding, last 7 days−0.161%−$16 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.008%, 7d avg +0.009%
=The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo ARB-PERP | 0.2225 | 0.0104 | pay 0.0013% / 1h | 1m 13s | $141K | $7K | 3x |
| Short | Kraken Futures PF_ARBUSD | 0.2224 | −0.0073 | pay 0.0009% / 1h | 1m 13s | $1.1M | $4.5M | 50x |
Aevo ARB-PERP
Kraken Futures PF_ARBUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Aevo. 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
- −$37.2
- Price spread: −0.008% → +0.009%
- −$1.75
- Slippage, 4 orders
- −$116.71
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$181.66
- Costs to cover
- 1.427%
- Break-even
- never at this rate
Slippage from Aevo: live order book, 43 min ago; Kraken Futures: live order book, 3 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, 43 min ago | 25.20 bp | 57.2 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 11.02 bp | 18.7 bp −$19 | 27.5 bp −$275 | 561.7 bp −$56.2K | 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 | −0.1581% | 1h | 0.2217 | −0.341% | $40K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0128% | 1h | 0.2226 | +0.068% | $7K | $236 | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0100% | 1h | 0.2225 | −0.004% | $76K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0083% | 8h | 0.2224 | −0.028% | $1.8M | $3.0M | — | as long as short |
| Kraken Futures PF_ARBUSDshort | −0.0073% | 1h | 0.2224 | −0.008% | $1.1M | $4.5M | 50x | |
| Deribit ARB_USDC-PERPETUAL | −0.0065% | 1h | 0.2224 | −0.027% | $28K | $38K | 25x | as long as short |
| OKX ARB-USDT-SWAP | −0.0063% | 8h | 0.2222 | −0.103% | $22.2M | $147.1M | 50x | as long as short |
| MEXC ARB_USDT | −0.0062% | 8h | 0.2222 | −0.112% | $41.7M | $62.1M | 200x | as long as short |
| Bybit ARBUSDT | −0.0045% | 8h | 0.2223 | −0.085% | $54.7M | $126.3M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0044% | 8h | 0.2224 | −0.027% | $12K | $405K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Variational Omni ARB
Deribit ARB_USDC-PERPETUAL
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Bybit ARBUSDT
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2228 | +0.139% | $66K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2225 | +0.001% | $44K | — | 150x | as long as short |
| Bitget ARBUSDT | +0.0056% | 8h | 0.2222 | −0.116% | $21.3M | $34.8M | 50x | as long as short |
| Gate ARB_USDT | +0.0071% | 8h | 0.2224 | −0.013% | $5.5M | $18.4M | 60x | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2227 | +0.086% | $484K | $2.6M | 10x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2223 | −0.053% | $1.3M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2226 | +0.086% | $37.7M | $49.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2225 | +0.021% | $639K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2227 | +0.117% | $43K | $150K | 10x | as long as short |
| Binance ARBUSDT | +0.0100% | 8h | 0.2223 | −0.071% | $63.5M | $301.4M | 75x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2224 | −0.031% | $19.8M | $14.4M | 75x | as long as short |
| BingX ARB-USDT | +0.0100% | 8h | 0.2223 | −0.067% | — | $53.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2222 | −0.135% | $39K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2223 | −0.072% | $477K | $3.7M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2222 | −0.116% | $120K | $281K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2225 | +0.018% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2223 | −0.076% | $9K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2224 | −0.045% | $297K | $883K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2225 | +0.018% | $5.0M | $12.8M | 50x | as long as short |
| Extended ARB-USD | +0.0104% | 1h | 0.2223 | −0.059% | $354K | $2.8M | 25x | as long as short |
| Aevo ARB-PERPlong | +0.0104% | 1h | 0.2225 | long leg | $141K | $7K | 3x | |
| BloFin ARB-USDT | +0.0220% | 8h | 0.2223 | −0.089% | $3.0M | $2.4M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0159% | 1h | 0.2224 | −0.039% | $843K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2226 | +0.054% | $516K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2225 | −0.002% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0738% | 1h | 0.2226 | +0.072% | $998K | $2.8M | 20x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
Gate ARB_USDT
RISEx ARB/USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Binance ARBUSDT
KuCoin ARBUSDTM
BingX ARB-USDT
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP