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

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.04 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bitget+0.032%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$340.342% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.042%+$4 on $10k
Price spread, last 7 days−0.022%−$2 · spread now +0.032%, 7d avg +0.002%
Together, before fees+0.020%+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.030% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ARBUSDT0.21870.0083pay 0.0083% / 8h7h 53m$21.1M$34.6M50x
ShortBingX ARB-USDT0.21880.0087get 0.0087% / 8h7h 53m$32.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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
$0.84
Price spread: +0.032% → +0.002%
$3
Slippage, 4 orders
−$12.15
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$30.31
Costs to cover
0.342%
Break-even
259.6 days
Slippage from Bitget: live order book, 6 min ago; BingX: live order book, 16 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 Bitget live order book, 6 min ago2.29 bp12.5 bp −$1219.2 bp −$19290.7 bp −$9,071doesn't fit
Sell BingX live order book, 16 min ago0.92 bp5.9 bp −$67.6 bp −$7615.5 bp −$1,54823.2 bp −$11.6K

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−0.1605%1h0.2178−0.412%$39K$372K12xas long as short
Gate ARB_USDT−0.0374%8h0.2188+0.032%$5.4M$18.1M60xas long as short
SoDEX ARB-USD−0.0182%1h0.2188+0.032%$9K$2.2M5xas long as short
Kraken Futures PF_ARBUSD−0.0169%1h0.2190+0.126%$1.1M$4.3M50xas long as short
Bybit ARBUSDT−0.0127%8h0.2187+0.005%$53.3M$125.8M50xas long as short
01 Exchange ARBUSD−0.0096%1h0.2189+0.091%$7K$23610xas long as short
OKX ARB-USDT-SWAP−0.0071%8h0.2187−0.014%$22.2M$145.3M50xas long as short
Deribit ARB_USDC-PERPETUAL−0.0070%1h0.2189+0.091%$28K$38K25xas long as short
MEXC ARB_USDT−0.0069%8h0.2189+0.078%$42.7M$62.5M200xas long as short
Orderly PERP_ARB_USDC−0.0040%8h0.2188+0.046%$16K$412K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT ARB_USDT_Perp−0.0023%8h0.2185−0.084%$470K$3.6M10xas long as short
dYdX ARB-USD0.0000%1h0.2190+0.117%$65K$4K10xas long as short
Extended ARB-USD0.0000%1h0.2187+0.008%$364K$3.1M25xas long as short
Binance ARBUSDT+0.0004%8h0.2187+0.018%$63.1M$299.3M75xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0006%1h0.2191+0.199%$73K150xas long as short
BloFin ARB-USDT+0.0016%8h0.2188+0.037%$3.0M$2.3M75xas long as short
Variational Omni ARB+0.0034%8h0.2186−0.023%$1.8M$3.0Mas long as short
Phemex ARBUSDT+0.0058%8h0.2188+0.046%$4.8M$12.8M50xas long as short
Aevo ARB-PERP+0.0080%1h0.2190+0.115%$139K$7K3xas long as short
Bitget ARBUSDTlong+0.0083%8h0.2187long leg$21.1M$34.6M50x
BingX ARB-USDTshort+0.0087%8h0.2188+0.032%$32.7M
Lighter ARB+0.0096%1h0.2188+0.050%$1.3M$5.5M15xas long as short
Hyperliquid ARB+0.0100%1h0.2190+0.155%$36.6M$49.7M10xas long as short
Aster ARBUSDT+0.0100%8h0.2189+0.087%$627K$1.7M20xas long as short
Pacifica ARB+0.0100%1h0.2189+0.095%$43K$146K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2189+0.091%$19.5M$13.8M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2185−0.079%$40K$465K20xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2185−0.091%$118K$267K50xas long as short
Polymarket Perps ARB-USD+0.0100%1h0.2191+0.165%$73K$2.1M10xas long as short
SunX ARB-USDT+0.0100%8h0.2190+0.137%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2190+0.160%$294K$836K50xas long as short
RISEx ARB/USDC+0.0123%1h0.2189+0.102%$514K$2.7M10xas long as short
Backpack ARB_USDC_PERP+0.0195%1h0.2192+0.233%$980K$2.8M20xas long as short
GMX ARB/USD [ARB-USDC]L +0.0277% / S −0.0160%1h0.2189+0.087%$830K150xas long as short
Reya ARBRUSDPERP+0.0288%1h0.2188+0.040%$2K$69520xas long as short
Coinbase International ARB-PERP-INTX+0.0336%1h0.2193+0.293%$523K$1.5M50xas long as short