Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0092%/8h= −10.1% APRpaid last 24h −0.020%

Price spread now: Extended against Aster−0.121%7-day average −0.106% · you buy dearer than you sell

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$490.488% of the position

Long on Aster Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.139%−$14 on $10k

Price spread, last 7 days+0.084%+$8 · spread now −0.121%, 7d avg −0.106%

Together, before fees−0.054%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.106%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ARBUSDT	0.2226	0.0100	pay 0.0100% / 8h	5h 32m	$652K	$1.6M	20x
Short	Extended ARB-USD	0.2223	0.0008	get 0.0001% / 1h	32m 37s	$355K	$2.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee AsterbpFee ExtendedbpOrdersPrice spread, now −0.121%Rate

Funding earned: −$19.32
Price spread: −0.121% → −0.106%: −$1.51
Slippage, 4 orders: −$35.8
Fee Aster: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$69.62
Costs to cover: 0.488%
Break-even: never at this rate

Slippage from Aster: live order book, 1 min ago; Extended: live order book, 1 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 Aster live order book, 1 min ago	3.60 bp	18.1 bp −$18	50.1 bp −$501	doesn't fit	doesn't fit
Sell Extended live order book, 1 min ago	9.01 bp	11.5 bp −$12	71.4 bp −$714	doesn't fit	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	−0.1577%	1h	0.2209	−0.742%	$40K	$372K	12x	as long as short
Variational Omni ARB	−0.0151%	8h	0.2222	−0.148%	$1.9M	$2.9M	—	as long as short
01 Exchange ARBUSD	−0.0136%	1h	0.2224	−0.077%	$7K	$2K	10x	as long as short
OKX ARB-USDT-SWAP	−0.0129%	8h	0.2224	−0.086%	$22.4M	$151.4M	50x	as long as short
MEXC ARB_USDT	−0.0129%	8h	0.2225	−0.041%	$38.3M	$59.1M	200x	as long as short
SoDEX ARB-USD	−0.0123%	1h	0.2225	−0.005%	$10K	$2.4M	5x	as long as short
Kraken Futures PF_ARBUSD	−0.0098%	1h	0.2226	+0.039%	$1.1M	$4.6M	50x	as long as short
Bybit ARBUSDT	−0.0094%	8h	0.2223	−0.091%	$56.5M	$126.3M	50x	as long as short
Gate ARB_USDT	−0.0093%	8h	0.2223	−0.091%	$5.4M	$19.1M	60x	as long as short
Polymarket Perps ARB-USD	−0.0087%	1h	0.2225	−0.014%	$96K	$2.1M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ARB_USDC	−0.0072%	8h	0.2225	−0.023%	$12K	$385K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2225	−0.016%	$66K	$5K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2226	+0.013%	$24K	$34K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0013%	1h	0.2226	+0.004%	$11K	—	150x	as long as short
Extended ARB-USDshort	+0.0008%	1h	0.2223	−0.121%	$355K	$2.5M	25x
Binance ARBUSDT	+0.0011%	8h	0.2224	−0.051%	$64.7M	$308.4M	75x	as long as short
BloFin ARB-USDT	+0.0034%	8h	0.2226	+0.013%	$3.1M	$2.7M	75x	as long as short
ApeX Omni ARBUSDT	+0.0049%	1h	0.2224	−0.068%	$120K	$283K	50x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2226	+0.041%	$141K	$7K	3x	as long as short
Bitget ARBUSDT	+0.0094%	8h	0.2224	−0.068%	$21.2M	$34.8M	50x	as long as short
Lighter ARB	+0.0096%	1h	0.2224	−0.055%	$1.2M	$6.4M	15x	as long as short
BingX ARB-USDC	+0.0097%	8h	0.2223	−0.109%	—	$6.5M	—	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2226	+0.026%	$38.6M	$49.7M	10x	as long as short
Aster ARBUSDTlong	+0.0100%	8h	0.2226	long leg	$652K	$1.6M	20x
Pacifica ARB	+0.0100%	1h	0.2224	−0.055%	$42K	$178K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2224	−0.050%	$19.6M	$15.5M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2223	−0.117%	$40K	$463K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2224	−0.079%	$475K	$3.6M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2228	+0.112%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2225	−0.023%	$298K	$945K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2225	−0.023%	$5.0M	$12.9M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0224%	1h	0.2226	+0.022%	$508K	$2.0M	50x	as long as short
RISEx ARB/USDC	+0.0232%	1h	0.2225	−0.003%	$492K	$2.7M	10x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2226	+0.020%	$830K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2225	−0.044%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0568%	1h	0.2229	+0.157%	$1.0M	$2.8M	20x	as long as short