ARB

Alert

Funding spread now, next payment 16:00 UTC−0.0542%/8h

paid, last 24h−0.060%paid, last 7 days−0.076%to open and close $10k−$57

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.076% in total (about -3.9% 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	0.2306	0.0642	pay 0.0080% / 1h	10m 12s	$986K	$3.0M	20x
Short	edgeX ARBUSDC	0.2298	0.0100	get 0.0050% / 4h	10m 12s	$39K	$462K	20x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BackpackbpFee edgeXbpOrdersRate

Funding earned: −$113.77
Slippage, 4 orders: −$38.2
Fee Backpack: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$170.97
Break-even: never at this rate

Slippage from Backpack: live order book, just now; edgeX: live order book, 40 min ago.

Price risk

price view

Price gap now: −0.336%
Avg gap 7d: −0.056%

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, just now	1.51 bp	9.7 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 40 min ago	12.69 bp	19.7 bp −$20	140.7 bp −$1,407	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	−0.1425%	1h	$59K	$248K	12x	as long as short
01 Exchange ARBUSD	−0.0040%	1h	$7K	$2K	10x	as long as short
SoDEX ARB-USD	−0.0039%	1h	$5K	$2.9M	5x	as long as short
Orderly PERP_ARB_USDC	−0.0023%	8h	$11K	$337K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0010%	1h	$39K	$15K	25x	as long as short
dYdX ARB-USD	0.0000%	1h	$69K	$4K	10x	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	+0.0033%	8h	$23.8M	$179.7M	50x	as long as short
MEXC ARB_USDT	+0.0034%	8h	$34.1M	$61.5M	200x	as long as short
RISEx ARB/USDC	+0.0037%	1h	$423K	$3.4M	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
ApeX Omni ARBUSDT	+0.0073%	1h	$129K	$262K	50x	as long as short
Lighter ARB	+0.0096%	1h	$1.6M	$7.3M	15x	as long as short
Aster ARBUSDT	+0.0100%	8h	$704K	$2.2M	20x	as long as short
Pacifica ARB	+0.0100%	1h	$49K	$230K	10x	as long as short
Binance ARBUSDT	+0.0100%	8h	$65.4M	$326.1M	75x	as long as short
Bybit ARBUSDT	+0.0100%	8h	$58.5M	$131.7M	50x	as long as short
Gate ARB_USDT	+0.0100%	8h	$5.5M	$21.4M	60x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	$20.4M	$18.5M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	$21.4M	$39.4M	50x	as long as short
BingX ARB-USDT	+0.0100%	8h	—	$53.3M	—	as long as short
Variational Omni ARB	+0.0100%	8h	$1.9M	$3.3M	—	as long as short
edgeX ARBUSDCshort	+0.0100%	4h	$39K	$462K	20x
Polymarket Perps ARB-USD	+0.0100%	1h	$60K	$2.5M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	$281K	$1.2M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	$5.8M	$14.7M	50x	as long as short
Extended ARB-USD	+0.0104%	1h	$373K	$2.4M	25x	as long as short
Aevo ARB-PERP	+0.0104%	1h	$154K	$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 +0.0263% / S −0.0177%	1h	$734K	—	150x	as long as short
Hyperliquid ARB	+0.0281%	1h	$42.2M	$50.1M	10x	as long as short
Reya ARBRUSDPERP	+0.0292%	1h	$2K	$695	20x	as long as short
Kraken Futures PF_ARBUSD	+0.0439%	1h	$1.1M	$4.9M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0520%	1h	$533K	$2.5M	50x	as long as short
Backpack ARB_USDC_PERPlong	+0.0642%	1h	$986K	$3.0M	20x