ARB

Alert

Funding spread now, next payment 17:00 UTC+0.0434%/8h

next payment, per $10,000+$0.54paid, last 24h+0.071%paid, last 7 days+0.096%to open and close $10k−$54

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.096% in total (about 5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.54 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ARBUSDT	0.2303	0.0100	pay 0.0013% / 1h	24m 31s	$129K	$262K	50x
Short	Backpack ARB_USDC_PERP	0.2272	0.0534	get 0.0067% / 1h	24m 31s	$929K	$3.0M	20x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee BackpackbpOrdersRate

Funding earned: $91.11
Slippage, 4 orders: −$33.9
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Backpack: 5 bp × 2 orders: −$10
Net: $37.21
Break-even: 4.1 days

Slippage from ApeX Omni: live order book, 19 min ago; Backpack: live order book, 1 min ago.

Price risk

price view

Price gap now: −1.359%
Avg gap 7d: +0.048%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 ApeX Omni live order book, 19 min ago	6.38 bp	18.9 bp −$19	114.4 bp −$1,144	doesn't fit	doesn't fit
Sell Backpack live order book, 1 min ago	1.97 bp	11.8 bp −$12	380.9 bp −$3,809	doesn't fit	doesn't fit

ARB on 35 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective ARB/USDC PERP	−0.1401%	1h	$58K	$204K	12x	as long as short
Kraken Futures PF_ARBUSD	−0.0201%	1h	$1.2M	$4.8M	50x	as long as short
Bybit ARBUSDT	−0.0114%	8h	$57.7M	$131.5M	50x	as long as short
01 Exchange ARBUSD	−0.0088%	1h	$7K	$2K	10x	as long as short
Polymarket Perps ARB-USD	−0.0033%	1h	$74K	$2.5M	10x	as long as short
Orderly PERP_ARB_USDC	−0.0010%	8h	$11K	$368K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	$69K	$4K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	$40K	$16K	25x	as long as short
SoDEX ARB-USD	+0.0004%	1h	$5K	$2.9M	5x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	$61K	—	150x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
MEXC ARB_USDT	+0.0010%	8h	$38.3M	$62.8M	200x	as long as short
OKX ARB-USDT-SWAP	+0.0011%	8h	$23.8M	$174.6M	50x	as long as short
Lighter ARB	+0.0096%	1h	$1.5M	$7.3M	15x	as long as short
Aster ARBUSDT	+0.0100%	8h	$711K	$2.2M	20x	as long as short
Pacifica ARB	+0.0100%	1h	$49K	$229K	10x	as long as short
Binance ARBUSDT	+0.0100%	8h	$65.5M	$323.0M	75x	as long as short
Gate ARB_USDT	+0.0100%	8h	$5.5M	$21.0M	60x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	$20.6M	$18.2M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	$21.2M	$39.6M	50x	as long as short
BingX ARB-USDC	+0.0100%	8h	—	$6.5M	—	as long as short
Variational Omni ARB	+0.0100%	8h	$1.9M	$3.3M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	$39K	$465K	20x	as long as short
ApeX Omni ARBUSDTlong	+0.0100%	1h	$129K	$262K	50x
SunX ARB-USDT	+0.0100%	8h	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	$279K	$1.2M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	$5.5M	$14.4M	50x	as long as short
Extended ARB-USD	+0.0104%	1h	$369K	$2.4M	25x	as long as short
Aevo ARB-PERP	+0.0104%	1h	$153K	$9K	3x	as long as short
BloFin ARB-USDT	+0.0220%	8h	$3.2M	$3.2M	75x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0274% / S −0.0225%	1h	$692K	—	150x	as long as short
Hyperliquid ARB	+0.0281%	1h	$42.5M	$48.9M	10x	as long as short
Reya ARBRUSDPERP	+0.0292%	1h	$2K	$695	20x	as long as short
RISEx ARB/USDC	+0.0449%	1h	$429K	$3.2M	10x	as long as short
Coinbase International ARB-PERP-INTX	+0.0464%	1h	$531K	$2.5M	50x	as long as short
Backpack ARB_USDC_PERPshort	+0.0534%	1h	$929K	$3.0M	20x