Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0277%/8h= −30.4% APRpaid last 24h −0.084%

Price spread now: 01 Exchange against BloFin+0.116%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. 01 Exchange is 0.116% dearer against BloFin than usual: you sell high and buy low (spread +0.116% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 33 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ARB-USDT	0.2247	0.0109	pay 0.0109% / 8h	7h 52m	$3.1M	$2.7M	75x
Short	01 Exchange ARBUSD	0.2250	−0.0168	pay 0.0021% / 1h	52m 13s	$7K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee 01 ExchangebpOrdersPrice spread, now +0.116%Rate

Funding earned: −$58.27
Price spread: +0.116% → 0.000%: $11.57
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$65.7
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 6 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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 BloFin live order book, 6 min ago	0.44 bp	11.7 bp −$12	34.5 bp −$345	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.1666%	1h	0.2243	−0.196%	$40K	$372K	12x	as long as short
Bybit ARBUSDT	−0.0546%	8h	0.2244	−0.169%	$57.9M	$127.4M	50x	as long as short
Variational Omni ARB	−0.0205%	8h	0.2254	+0.287%	$2.0M	$2.8M	—	as long as short
Gate ARB_USDT	−0.0194%	8h	0.2248	+0.004%	$5.4M	$19.7M	60x	as long as short
01 Exchange ARBUSDshort	−0.0168%	1h	0.2250	+0.116%	$7K	$2K	10x
ApeX Omni ARBUSDT	−0.0163%	1h	0.2258	+0.472%	$122K	$295K	50x	as long as short
Kraken Futures PF_ARBUSD	−0.0138%	1h	0.2246	−0.042%	$1.1M	$4.9M	50x	as long as short
MEXC ARB_USDT	−0.0119%	8h	0.2247	−0.004%	$38.4M	$58.9M	200x	as long as short
OKX ARB-USDT-SWAP	−0.0119%	8h	0.2244	−0.151%	$22.7M	$157.3M	50x	as long as short
SoDEX ARB-USD	−0.0090%	1h	0.2244	−0.142%	$4K	$2.6M	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ARB_USDC	−0.0042%	8h	0.2245	−0.107%	$13K	$389K	10x	as long as short
Polymarket Perps ARB-USD	−0.0012%	1h	0.2248	+0.018%	$66K	$2.0M	10x	as long as short
Binance ARBUSDT	−0.0012%	8h	0.2246	−0.081%	$66.1M	$312.4M	75x	as long as short
Extended ARB-USD	−0.0008%	1h	0.2244	−0.166%	$357K	$2.4M	25x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2250	+0.093%	$66K	$4K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2245	−0.098%	$25K	$34K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2249	+0.075%	$56K	—	150x	as long as short
Bitget ARBUSDT	+0.0046%	8h	0.2244	−0.151%	$21.1M	$36.0M	50x	as long as short
BingX ARB-USDT	+0.0047%	8h	0.2247	−0.004%	—	$54.1M	—	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2250	+0.112%	$143K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2246	−0.044%	$1.4M	$7.3M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2250	+0.116%	$40.6M	$47.5M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2248	+0.005%	$699K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2250	+0.093%	$47K	$183K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2249	+0.053%	$19.6M	$16.0M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2257	+0.415%	$40K	$460K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2257	+0.427%	$485K	$3.6M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2251	+0.160%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2251	+0.151%	$293K	$1.0M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2246	−0.062%	$5.1M	$13.0M	50x	as long as short
BloFin ARB-USDTlong	+0.0109%	8h	0.2247	long leg	$3.1M	$2.7M	75x
Coinbase International ARB-PERP-INTX	+0.0232%	1h	0.2248	+0.018%	$507K	$2.2M	50x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2247	−0.037%	$2K	$695	20x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0297% / S −0.0186%	1h	0.2248	+0.047%	$920K	—	150x	as long as short
Backpack ARB_USDC_PERP	+0.0354%	1h	0.2250	+0.133%	$1.0M	$2.8M	20x	as long as short
RISEx ARB/USDC	+0.0384%	1h	0.2251	+0.139%	$510K	$2.7M	10x	as long as short