Funding you earn now, next payment 03:00 UTC−0.0247%/8h= −27.0% APRpaid last 24h −0.047%
Price spread now: SoDEX against Bitget−0.099%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$370.365% of the position
Funding, last 3 days (all we have)−0.085%−$8 on $10k
+Price spread, last 3 days (all we have)+0.532%+$53 · spread now −0.099%, 7d avg +0.022%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and SoDEX is 0.121% cheaper against Bitget than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.022%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ARBUSDT | 0.2218 | 0.0100 | pay 0.0100% / 8h | 5h 55m | $21.2M | $35.4M | 50x |
| Short | SoDEX ARB-USD | 0.2216 | −0.0147 | pay 0.0018% / 1h | 55m 05s | $10K | $2.4M | 5x |
Bitget ARBUSDT
SoDEX ARB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Bitget. 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
- −$51.8
- Price spread: −0.099% → +0.022%
- −$12.13
- Slippage, 4 orders
- −$16.54
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$100.47
- Costs to cover
- 0.365%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; SoDEX: live order book, 4 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 Bitget live order book, 4 min ago | 2.25 bp | 12.1 bp −$12 | 20.0 bp −$200 | 116.6 bp −$11.7K | doesn't fit |
| Sell SoDEX live order book, 4 min ago | 0.22 bp | 5.5 bp −$5 | 18.5 bp −$185 | doesn't fit | doesn't fit |
ARB on 35 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 | −0.1577% | 1h | 0.2208 | −0.451% | $40K | $372K | 12x | as long as short |
| ApeX Omni ARBUSDT | −0.1072% | 1h | 0.2217 | −0.045% | $120K | $284K | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0382% | 1h | 0.2215 | −0.144% | $24K | $34K | 25x | as long as short |
| Polymarket Perps ARB-USD | −0.0286% | 1h | 0.2216 | −0.104% | $89K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0152% | 8h | 0.2229 | +0.477% | $1.9M | $2.9M | — | as long as short |
| SoDEX ARB-USDshort | −0.0147% | 1h | 0.2216 | −0.099% | $10K | $2.4M | 5x | |
| MEXC ARB_USDT | −0.0138% | 8h | 0.2218 | −0.023% | $38.6M | $59.0M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0136% | 8h | 0.2217 | −0.059% | $22.3M | $153.2M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0120% | 1h | 0.2216 | −0.090% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0098% | 1h | 0.2217 | −0.038% | $1.1M | $4.6M | 50x | as long as short |
Injective ARB/USDC PERP
ApeX Omni ARBUSDT
Deribit ARB_USDC-PERPETUAL
Polymarket Perps ARB-USD
Variational Omni ARB
MEXC ARB_USDT
OKX ARB-USDT-SWAP
01 Exchange ARBUSD
Kraken Futures PF_ARBUSDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0071% | 8h | 0.2216 | −0.090% | $12K | $383K | 10x | as long as short |
| Gate ARB_USDT | −0.0065% | 8h | 0.2218 | −0.014% | $5.4M | $18.9M | 60x | as long as short |
| Bybit ARBUSDT | −0.0057% | 8h | 0.2217 | −0.036% | $56.5M | $127.1M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2218 | −0.011% | $66K | $5K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2215 | −0.142% | $353K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0002% | 8h | 0.2218 | +0.005% | $64.6M | $311.1M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0012% | 1h | 0.2217 | −0.054% | $10K | — | 150x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2218 | −0.023% | $141K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2217 | −0.050% | $1.2M | $6.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2219 | +0.054% | $38.6M | $51.5M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2219 | +0.026% | $659K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2219 | +0.045% | $42K | $179K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2216 | −0.099% | $19.6M | $15.6M | 75x | as long as short |
| Bitget ARBUSDTlong | +0.0100% | 8h | 0.2218 | long leg | $21.2M | $35.4M | 50x | |
| BingX ARB-USDC | +0.0100% | 8h | 0.2216 | −0.072% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2220 | +0.074% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2218 | 0.000% | $473K | $3.6M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2219 | +0.045% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2216 | −0.108% | $297K | $968K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2215 | −0.135% | $4.9M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2232 | +0.631% | $509K | $2.1M | 50x | as long as short |
| RISEx ARB/USDC | +0.0232% | 1h | 0.2218 | −0.012% | $488K | $2.7M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2217 | −0.055% | $827K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2213 | −0.211% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0401% | 1h | 0.2221 | +0.117% | $1.0M | $2.8M | 20x | as long as short |
Orderly PERP_ARB_USDC
Gate ARB_USDT
Bybit ARBUSDT
dYdX ARB-USD
Extended ARB-USD
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
BingX ARB-USDC
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP