ARB

Alert

Funding spread now, next payment 18:00 UTC−0.0405%/8h

paid, last 24h−0.065%paid, last 7 days−0.086%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 -0.086% in total (about -4.5% 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	0.2258	0.0505	pay 0.0063% / 1h	18m 01s	$964K	$3.0M	20x
Short	KuCoin ARBUSDTM	0.2256	0.0100	get 0.0100% / 8h	6h 18m	$20.6M	$17.8M	75x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BackpackbpFee KuCoinbpOrdersRate

Funding earned: −$85.12
Slippage, 4 orders: −$34.53
Fee Backpack: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$141.64
Break-even: never at this rate

Slippage from Backpack: live order book, 2 min ago; KuCoin: live order book, 7 min ago.

Price risk

price view

Price gap now: −0.106%
Avg gap 7d: −0.796%

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, 2 min ago	0.89 bp	8.5 bp −$8	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 7 min ago	2.01 bp	12.4 bp −$12	34.8 bp −$348	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	−0.1630%	1h	$55K	$139K	12x	as long as short
Kraken Futures PF_ARBUSD	−0.0243%	1h	$1.1M	$5.0M	50x	as long as short
01 Exchange ARBUSD	−0.0200%	1h	$7K	$2K	10x	as long as short
Polymarket Perps ARB-USD	−0.0143%	1h	$68K	$2.4M	10x	as long as short
Bybit ARBUSDT	−0.0093%	8h	$56.8M	$131.2M	50x	as long as short
dYdX ARB-USD	0.0000%	1h	$68K	$3K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	$39K	$16K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	$60K	—	150x	as long as short
MEXC ARB_USDT	+0.0005%	8h	$41.1M	$63.9M	200x	as long as short
OKX ARB-USDT-SWAP	+0.0007%	8h	$23.3M	$165.9M	50x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Orderly PERP_ARB_USDC	+0.0016%	8h	$10K	$378K	10x	as long as short
SoDEX ARB-USD	+0.0036%	1h	$5K	$2.8M	5x	as long as short
Variational Omni ARB	+0.0062%	8h	$1.8M	$3.3M	—	as long as short
ApeX Omni ARBUSDT	+0.0095%	1h	$126K	$260K	50x	as long as short
Lighter ARB	+0.0096%	1h	$1.4M	$7.5M	15x	as long as short
Aster ARBUSDT	+0.0100%	8h	$711K	$1.8M	20x	as long as short
Pacifica ARB	+0.0100%	1h	$48K	$199K	10x	as long as short
Binance ARBUSDT	+0.0100%	8h	$63.3M	$318.7M	75x	as long as short
Gate ARB_USDT	+0.0100%	8h	$5.4M	$21.3M	60x	as long as short
KuCoin ARBUSDTMshort	+0.0100%	8h	$20.6M	$17.8M	75x
Bitget ARBUSDT	+0.0100%	8h	$20.9M	$39.1M	50x	as long as short
BingX ARB-USDC	+0.0100%	8h	—	$6.5M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	$38K	$464K	20x	as long as short
SunX ARB-USDT	+0.0100%	8h	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	$274K	$1.1M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	$5.4M	$14.2M	50x	as long as short
Extended ARB-USD	+0.0104%	1h	$364K	$2.4M	25x	as long as short
Aevo ARB-PERP	+0.0104%	1h	$151K	$9K	3x	as long as short
Hyperliquid ARB	+0.0192%	1h	$41.7M	$49.5M	10x	as long as short
BloFin ARB-USDT	+0.0220%	8h	$3.1M	$3.1M	75x	as long as short
Reya ARBRUSDPERP	+0.0292%	1h	$2K	$695	20x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0301% / S −0.0271%	1h	$717K	—	150x	as long as short
Coinbase International ARB-PERP-INTX	+0.0432%	1h	$524K	$2.5M	50x	as long as short
Backpack ARB_USDC_PERPlong	+0.0505%	1h	$964K	$3.0M	20x
RISEx ARB/USDC	+0.0519%	1h	$414K	$3.0M	10x	as long as short