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

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.12 per $10,000 · paid last 24h +0.013%
Price spread now: BloFin against Aster−0.040%92s7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$420.422% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.036%+$4 on $10k
Price spread, last 3 days (all we have)+0.669%+$67 · spread now −0.040%, 7d avg +0.002%
Together, before fees+0.705%+ Points / potential airdropAster: Stage 5 · farm board+$71 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.042% cheaper against Aster than usual: you would sell low and buy high (spread −0.040% now, against its 7-day average of +0.002%). If the spread goes back, that is −$4 on $10k: about 12 days of funding at the current rate ($0 a day). The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ARBUSDT0.22400.0100pay 0.0100% / 8h1h 17m$696K$1.6M20x
ShortBloFin ARB-USDT0.22390.0112get 0.0112% / 8h1h 17m$3.0M$3.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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
$2.49
Price spread: −0.040% → +0.002%
−$4.18
Slippage, 4 orders
−$22.25
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$43.94
Costs to cover
0.422%
Break-even
130.5 days
Slippage from Aster: live order book, 5 min ago; BloFin: live order book, 6 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 Aster live order book, 5 min ago2.01 bp11.1 bp −$1149.1 bp −$491doesn't fitdoesn't fit
Sell BloFin live order book, 6 min ago1.79 bp12.3 bp −$1225.0 bp −$250doesn'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−0.1770%1h0.2230−0.460%$40K$372K12xas long as short
01 Exchange ARBUSD−0.0232%1h0.2237−0.129%$7K$2K10xas long as short
SoDEX ARB-USD−0.0196%1h0.2238−0.089%$4K$2.8M5xas long as short
Variational Omni ARB−0.0168%8h0.2238−0.091%$1.9M$2.7Mas long as short
Bybit ARBUSDT−0.0147%8h0.2240−0.027%$57.9M$133.2M50xas long as short
Polymarket Perps ARB-USD−0.0123%1h0.2238−0.089%$73K$2.0M10xas long as short
OKX ARB-USDT-SWAP−0.0100%8h0.2240−0.009%$22.5M$160.8M50xas long as short
MEXC ARB_USDT−0.0100%8h0.2240−0.004%$37.2M$62.7M200xas long as short
Deribit ARB_USDC-PERPETUAL−0.0063%1h0.2239−0.049%$26K$32K25xas long as short
Orderly PERP_ARB_USDC−0.0038%8h0.2238−0.103%$10K$395K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ARBUSDT−0.0008%8h0.22400.000%$64.1M$316.9M75xas long as short
Extended ARB-USD−0.0008%1h0.2238−0.082%$356K$2.4M25xas long as short
dYdX ARB-USD0.0000%1h0.2242+0.062%$66K$4K10xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0005%1h0.2240−0.013%$56K150xas long as short
Gate ARB_USDT+0.0033%8h0.2240−0.004%$5.5M$20.7M60xas long as short
Bitget ARBUSDT+0.0068%8h0.2239−0.058%$21.0M$37.3M50xas long as short
BingX ARB-USDT+0.0070%8h0.2240−0.036%$53.2Mas long as short
Aevo ARB-PERP+0.0080%1h0.2240−0.013%$146K$12K3xas long as short
Kraken Futures PF_ARBUSD+0.0085%1h0.22400.000%$1.1M$5.1M50xas long as short
Lighter ARB+0.0096%1h0.2242+0.067%$1.3M$7.4M15xas long as short
Hyperliquid ARB+0.0100%1h0.2243+0.130%$40.1M$50.6M10xas long as short
Aster ARBUSDTlong+0.0100%8h0.2240long leg$696K$1.6M20x
Pacifica ARB+0.0100%1h0.2242+0.065%$44K$193K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2241+0.022%$20.6M$16.4M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2239−0.043%$40K$462K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2240−0.012%$486K$3.9M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2240−0.013%$121K$295K50xas long as short
SunX ARB-USDT+0.0100%8h0.2241+0.031%$1K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2238−0.103%$276K$1.1M50xas long as short
Phemex ARBUSDT+0.0100%8h0.2239−0.058%$5.2M$13.4M50xas long as short
BloFin ARB-USDTshort+0.0112%8h0.2239−0.040%$3.0M$3.3M75x
Coinbase International ARB-PERP-INTX+0.0264%1h0.2242+0.076%$506K$2.3M50xas long as short
GMX ARB/USD [ARB-USDC]L +0.0274% / S −0.0156%1h0.2240−0.031%$840K150xas long as short
Reya ARBRUSDPERP+0.0290%1h0.2238−0.116%$2K$69520xas long as short
RISEx ARB/USDC+0.0363%1h0.2240+0.002%$495K$2.7M10xas long as short
Backpack ARB_USDC_PERP+0.0624%1h0.2243+0.103%$1.1M$2.7M20xas long as short