ARB

Alert

Funding spread now, next payment 15:00 UTC−0.0724%/8h

paid, last 24h−0.077%paid, last 7 days−0.201%to open and close $10k−$39

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.201% in total (about -10.5% a year). A funding rate is set anew for every payment. 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	Backpack ARB_USDC_PERP	0.2365	0.0824	pay 0.0103% / 1h	6m 18s	$976K	$3.0M	20x
Short	Binance ARBUSDT	0.2366	0.0100	get 0.0100% / 8h	1h 06m	$67.9M	$323.7M	75x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BackpackbpFee BinancebpOrdersRate

Funding earned: −$152
Slippage, 4 orders: −$18.69
Fee Backpack: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$190.69
Break-even: never at this rate

Slippage from Backpack: live order book, 4 min ago; Binance: live order book, 9 min ago.

Price risk

price view

Price gap now: +0.047%
Avg gap 7d: −0.847%

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 Backpack live order book, 4 min ago	3.18 bp	10.9 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	0.21 bp	7.1 bp −$7	19.4 bp −$194	70.7 bp −$7,067	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	−0.1516%	1h	$60K	$248K	12x	as long as short
01 Exchange ARBUSD	−0.0632%	1h	$8K	$3K	10x	as long as short
RISEx ARB/USDC	−0.0049%	1h	$440K	$3.3M	10x	as long as short
Orderly PERP_ARB_USDC	−0.0031%	8h	$12K	$316K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0004%	1h	$39K	$19K	25x	as long as short
dYdX ARB-USD	0.0000%	1h	$71K	$4K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0004%	1h	$57K	—	150x	as long as short
MEXC ARB_USDT	+0.0032%	8h	$33.6M	$60.4M	200x	as long as short
OKX ARB-USDT-SWAP	+0.0034%	8h	$24.8M	$185.2M	50x	as long as short
Aster ARBUSDT	+0.0100%	8h	$714K	$2.2M	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Pacifica ARB	+0.0100%	1h	$49K	$245K	10x	as long as short
Binance ARBUSDTshort	+0.0100%	8h	$67.9M	$323.7M	75x
Bybit ARBUSDT	+0.0100%	8h	$60.0M	$129.8M	50x	as long as short
Gate ARB_USDT	+0.0100%	8h	$6.1M	$20.8M	60x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	$20.6M	$19.1M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	$22.1M	$38.6M	50x	as long as short
BingX ARB-USDT	+0.0100%	8h	—	$53.4M	—	as long as short
Variational Omni ARB	+0.0100%	8h	$2.0M	$3.4M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	$40K	$462K	20x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	$132K	$273K	50x	as long as short
Polymarket Perps ARB-USD	+0.0100%	1h	$63K	$2.6M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	$1K	$1.1M	30x	as long as short
SoDEX ARB-USD	+0.0100%	1h	$4K	$2.9M	5x	as long as short
HTX ARB-USDT	+0.0100%	8h	$292K	$1.2M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	$5.8M	$15.1M	50x	as long as short
Extended ARB-USD	+0.0104%	1h	$381K	$2.4M	25x	as long as short
Aevo ARB-PERP	+0.0104%	1h	$158K	$9K	3x	as long as short
Lighter ARB	+0.0144%	1h	$1.8M	$7.2M	15x	as long as short
BloFin ARB-USDT	+0.0220%	8h	$3.3M	$3.3M	75x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0194%	1h	$814K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0292%	1h	$3K	—	20x	as long as short
Kraken Futures PF_ARBUSD	+0.0367%	1h	$1.3M	$4.6M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0520%	1h	$540K	$2.5M	50x	as long as short
Hyperliquid ARB	+0.0556%	1h	$44.6M	$47.8M	10x	as long as short
Backpack ARB_USDC_PERPlong	+0.0824%	1h	$976K	$3.0M	20x