Funding you earn now, next payment 07:00 UTC−0.0179%/8h= −19.6% APRpaid last 24h −0.041%
Price spread now: SoDEX against BingX+0.018%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$490.493% of the position
Funding, last 3 days (all we have)−0.093%−$9 on $10k
+Price spread, last 4 days (all we have)+0.615%+$62 · spread now +0.018%, 7d avg +0.053%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and SoDEX is 0.034% cheaper against BingX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.053%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARB-USDC | 0.2210 | 0.0096 | pay 0.0096% / 8h | 1h 46m | — | $6.5M | — |
| Short | SoDEX ARB-USD | 0.2210 | −0.0083 | pay 0.0010% / 1h | 46m 01s | $9K | $2.2M | 5x |
BingX ARB-USDC
SoDEX ARB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$37.59
- Price spread: +0.018% → +0.053%
- −$3.45
- Slippage, 4 orders
- −$31.27
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$90.31
- Costs to cover
- 0.493%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; SoDEX: live order book, 3 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 BingX live order book, 5 min ago | 4.07 bp | 17.5 bp −$17 | 34.4 bp −$344 | 86.4 bp −$8,635 | 650.2 bp −$325.1K |
| Sell SoDEX live order book, 3 min ago | 0.23 bp | 5.5 bp −$5 | 20.3 bp −$203 | 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 | −0.1592% | 1h | 0.2200 | −0.430% | $40K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0246% | 1h | 0.2208 | −0.059% | $67K | $2.1M | 10x | as long as short |
| SoDEX ARB-USDshort | −0.0083% | 1h | 0.2210 | +0.018% | $9K | $2.2M | 5x | |
| OKX ARB-USDT-SWAP | −0.0072% | 8h | 0.2211 | +0.050% | $22.1M | $146.7M | 50x | as long as short |
| MEXC ARB_USDT | −0.0071% | 8h | 0.2210 | +0.032% | $41.6M | $61.6M | 200x | as long as short |
| Variational Omni ARB | −0.0070% | 8h | 0.2210 | +0.017% | $1.8M | $3.0M | — | as long as short |
| 01 Exchange ARBUSD | −0.0064% | 1h | 0.2209 | −0.023% | $7K | $236 | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0044% | 8h | 0.2210 | +0.023% | $12K | $406K | 10x | as long as short |
| Bybit ARBUSDT | −0.0026% | 8h | 0.2211 | +0.050% | $54.4M | $126.4M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2212 | +0.098% | $65K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
01 Exchange ARBUSD
Orderly PERP_ARB_USDC
Bybit ARBUSDT
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2211 | +0.050% | $28K | $38K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2211 | +0.052% | $44K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0056% | 1h | 0.2209 | −0.028% | $460K | $2.6M | 10x | as long as short |
| Bitget ARBUSDT | +0.0057% | 8h | 0.2210 | +0.023% | $21.2M | $34.8M | 50x | as long as short |
| Gate ARB_USDT | +0.0067% | 8h | 0.2210 | +0.023% | $5.4M | $18.3M | 60x | as long as short |
| Binance ARBUSDT | +0.0093% | 8h | 0.2211 | +0.073% | $63.2M | $302.0M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2210 | +0.032% | $1.2M | $5.5M | 15x | as long as short |
| Extended ARB-USD | +0.0096% | 1h | 0.2210 | +0.030% | $352K | $2.8M | 25x | as long as short |
| BingX ARB-USDClong | +0.0096% | 8h | 0.2210 | long leg | — | $6.5M | — | |
| Hyperliquid ARB | +0.0100% | 1h | 0.2212 | +0.113% | $37.4M | $49.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2211 | +0.074% | $635K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2211 | +0.068% | $43K | $150K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2211 | +0.086% | $19.7M | $14.3M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2213 | +0.145% | $39K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2209 | −0.009% | $480K | $3.7M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2212 | +0.113% | $119K | $282K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2210 | +0.023% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2209 | −0.023% | $295K | $873K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2209 | −0.023% | $5.0M | $12.8M | 50x | as long as short |
| Aevo ARB-PERP | +0.0104% | 1h | 0.2211 | +0.059% | $140K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0215% | 8h | 0.2209 | −0.009% | $3.1M | $2.3M | 75x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0230% | 1h | 0.2211 | +0.075% | $1.1M | $4.5M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2210 | +0.025% | $834K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2215 | +0.249% | $518K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2208 | −0.049% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0642% | 1h | 0.2213 | +0.167% | $992K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
RISEx ARB/USDC
Bitget ARBUSDT
Gate ARB_USDT
Binance ARBUSDT
Lighter ARB
Extended ARB-USD
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Aevo ARB-PERP
BloFin ARB-USDT
Kraken Futures PF_ARBUSD
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP