Funding spread now, next payment 16:00 UTC+0.0188%/8h
next payment, per $10,000+$0.24paid, last 24h+0.023%paid, last 3 days−0.052%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 3 days it paid -0.052% in total (about -6.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.24 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 | 0.2325 | −0.0016 | get 0.0002% / 1h | 39m 15s | $131K | $263K | 50x |
| Short | GMX ARB/USD [ARB-USDC] | 0.2329 | L +0.0260% / S −0.0172% | get 0.0021% / 1h | 39m 15s | $741K | — | 150x |
ApeX Omni ARBUSDT
GMX ARB/USD [ARB-USDC]Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $39.55
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $17.55
- Break-even
- 3.9 days
Slippage unknown: ApeX Omni: live order book, 9 min ago; GMX: no order-book sample. Net counts fees only.
Price risk
price view- Price gap now
- +0.176%
- Avg gap 7d
- +0.023%
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost 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, 9 min ago | 6.38 bp | 16.5 bp −$17 | 120.9 bp −$1,209 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 35 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1425% | 1h | $59K | $248K | 12x | as long as short |
| SoDEX ARB-USD | −0.0101% | 1h | $4K | $2.8M | 5x | as long as short |
| 01 Exchange ARBUSD | −0.0040% | 1h | $7K | $3K | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0026% | 8h | $12K | $326K | 10x | as long as short |
| ApeX Omni ARBUSDTlong | −0.0016% | 1h | $131K | $263K | 50x | |
| dYdX ARB-USD | 0.0000% | 1h | $70K | $4K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | $39K | $15K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | $55K | — | 150x | as long as short |
| OKX ARB-USDT-SWAP | +0.0031% | 8h | $24.3M | $180.5M | 50x | as long as short |
| MEXC ARB_USDT | +0.0031% | 8h | $34.6M | $59.7M | 200x | as long as short |
Injective ARB/USDC PERP
SoDEX ARB-USD
Orderly PERP_ARB_USDC
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
RISEx ARB/USDC
Lighter ARB
Aster ARBUSDT
Pacifica ARB
Binance ARBUSDT
Bybit ARBUSDT
Gate ARB_USDT
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDC
Variational Omni ARB
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Extended ARB-USD
Aevo ARB-PERP
BloFin ARB-USDT
Reya ARBRUSDPERP
Kraken Futures PF_ARBUSD
Hyperliquid ARB
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP