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

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.20 per $10,000 · paid last 24h +0.005%
Price spread now: HTX against BingX+0.197%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1381.384% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.058%+$6 on $10k
Price spread, last 4 days (all we have)+0.160%+$16 · spread now +0.197%, 7d avg +0.053%
Together, before fees+0.218%+$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and HTX is 0.145% dearer against BingX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ARB-USDC0.21800.0080pay 0.0080% / 8h36m 49s$6.5M
ShortHTX ARB-USDT0.21850.0100get 0.0100% / 8h36m 49s$292K$835K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against BingX. 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
$4.2
Price spread: +0.197% → +0.053%
$14.46
Slippage, 4 orders
−$116.44
Fee BingX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$119.78
Costs to cover
1.384%
Break-even
206.6 days
Slippage from BingX: live order book, 14 min ago; HTX: live order book, 22 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 BingX live order book, 14 min ago4.56 bp17.7 bp −$1836.7 bp −$36795.7 bp −$9,567664.0 bp −$332.0K
Sell HTX live order book, 22 min ago21.47 bp39.8 bp −$40doesn't fitdoesn'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−0.1612%1h0.2171−0.436%$39K$372K12xas long as short
01 Exchange ARBUSD−0.0160%1h0.2179−0.078%$7K$23610xas long as short
OKX ARB-USDT-SWAP−0.0085%8h0.2180−0.018%$21.9M$144.0M50xas long as short
MEXC ARB_USDT−0.0083%8h0.2183+0.119%$42.9M$61.9M200xas long as short
SoDEX ARB-USD−0.0043%1h0.2180−0.028%$9K$2.2M5xas long as short
Orderly PERP_ARB_USDC−0.0041%8h0.2180−0.023%$13K$404K10xas long as short
Polymarket Perps ARB-USD−0.0015%1h0.21800.000%$70K$2.1M10xas long as short
Variational Omni ARB−0.0008%8h0.2188+0.359%$1.8M$3.0Mas long as short
Extended ARB-USD−0.0008%1h0.2182+0.060%$349K$3.1M25xas long as short
Binance ARBUSDT−0.0007%8h0.2181+0.022%$62.4M$300.6M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ARB-USD0.0000%1h0.2182+0.049%$65K$5K10xas long as short
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2181+0.005%$28K$38K25xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0009%1h0.2182+0.052%$44K150xas long as short
Bybit ARBUSDT+0.0006%8h0.2180−0.014%$53.3M$126.0M50xas long as short
Gate ARB_USDT+0.0020%8h0.2183+0.096%$5.4M$18.3M60xas long as short
RISEx ARB/USDC+0.0069%1h0.2182+0.053%$492K$2.6M10xas long as short
BingX ARB-USDClong+0.0080%8h0.2180long leg$6.5M
Aevo ARB-PERP+0.0080%1h0.2182+0.080%$138K$7K3xas long as short
Bitget ARBUSDT+0.0083%8h0.2180−0.023%$21.1M$34.6M50xas long as short
Kraken Futures PF_ARBUSD+0.0093%1h0.2181+0.039%$1.1M$4.4M50xas long as short
Lighter ARB+0.0096%1h0.2181+0.028%$1.2M$5.4M15xas long as short
Hyperliquid ARB+0.0100%1h0.2183+0.096%$36.8M$49.4M10xas long as short
Aster ARBUSDT+0.0100%8h0.2182+0.046%$631K$1.7M20xas long as short
Pacifica ARB+0.0100%1h0.2182+0.057%$42K$147K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2183+0.124%$19.4M$14.0M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2183+0.117%$39K$464K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2182+0.076%$467K$3.6M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2190+0.436%$118K$279K50xas long as short
SunX ARB-USDT+0.0100%8h0.2183+0.115%$1K$1.1M30xas long as short
HTX ARB-USDTshort+0.0100%8h0.2185+0.197%$292K$835K50x
Phemex ARBUSDT+0.0100%8h0.2180−0.023%$4.8M$12.8M50xas long as short
BloFin ARB-USDT+0.0105%8h0.2181+0.014%$3.0M$2.3M75xas long as short
GMX ARB/USD [ARB-USDC]L +0.0276% / S −0.0158%1h0.2181+0.023%$823K150xas long as short
Reya ARBRUSDPERP+0.0288%1h0.2180−0.017%$2K$69520xas long as short
Coinbase International ARB-PERP-INTX+0.0336%1h0.2184+0.161%$522K$1.5M50xas long as short
Backpack ARB_USDC_PERP+0.0620%1h0.2184+0.179%$984K$2.9M20xas long as short