Funding you earn now, next payment 23:00 UTC+0.0229%/8h= +25.1% APRpaid last 24h −0.002%
Price spread now: Aevo against Bybit+0.116%7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1461.461% of the position
Funding, last 7 days+0.080%+$8 on $10k
+Price spread, last 3 days (all we have)+0.776%+$78 · spread now +0.116%, 7d avg +0.096%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Aevo is 0.020% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.096%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.080% in total (about 4.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARBUSDT | 0.2241 | −0.0149 | get 0.0149% / 8h | 1h 15m | $57.9M | $132.8M | 50x |
| Short | Aevo ARB-PERP | 0.2244 | 0.0080 | get 0.0010% / 1h | 15m 09s | $147K | $12K | 3x |
Bybit ARBUSDT
Aevo ARB-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Bybit. 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
- $48.14
- Price spread: +0.116% → +0.096%
- $2.01
- Slippage, 4 orders
- −$119.14
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$95.99
- Costs to cover
- 1.461%
- Break-even
- 21.0 days
Slippage from Bybit: live order book, 4 min ago; Aevo: 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 Bybit live order book, 4 min ago | 0.22 bp | 8.0 bp −$8 | 17.2 bp −$172 | 45.3 bp −$4,527 | doesn't fit |
| Sell Aevo live order book, 4 min ago | 35.73 bp | 65.3 bp −$65 | doesn't fit | 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 | −0.1770% | 1h | 0.2231 | −0.451% | $40K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0232% | 1h | 0.2241 | +0.018% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USD | −0.0198% | 1h | 0.2243 | +0.062% | $4K | $2.8M | 5x | as long as short |
| Variational Omni ARB | −0.0168% | 8h | 0.2236 | −0.211% | $1.9M | $2.7M | — | as long as short |
| Bybit ARBUSDTlong | −0.0149% | 8h | 0.2241 | long leg | $57.9M | $132.8M | 50x | |
| Polymarket Perps ARB-USD | −0.0127% | 1h | 0.2242 | +0.031% | $73K | $2.0M | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0107% | 1h | 0.2242 | +0.049% | $26K | $32K | 25x | as long as short |
| OKX ARB-USDT-SWAP | −0.0099% | 8h | 0.2242 | +0.022% | $22.5M | $160.7M | 50x | as long as short |
| MEXC ARB_USDT | −0.0098% | 8h | 0.2243 | +0.085% | $37.4M | $62.7M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0038% | 8h | 0.2242 | +0.040% | $10K | $394K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
SoDEX ARB-USD
Variational Omni ARB
Polymarket Perps ARB-USD
Deribit ARB_USDC-PERPETUAL
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | −0.0009% | 8h | 0.2242 | +0.044% | $64.2M | $316.6M | 75x | as long as short |
| Extended ARB-USD | −0.0008% | 1h | 0.2241 | −0.005% | $356K | $2.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2245 | +0.183% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2243 | +0.087% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0037% | 8h | 0.2243 | +0.071% | $5.5M | $20.7M | 60x | as long as short |
| Bitget ARBUSDT | +0.0067% | 8h | 0.2243 | +0.085% | $21.2M | $37.2M | 50x | as long as short |
| BingX ARB-USDT | +0.0068% | 8h | 0.2243 | +0.071% | — | $53.2M | — | as long as short |
| Aevo ARB-PERPshort | +0.0080% | 1h | 0.2244 | +0.116% | $147K | $12K | 3x | |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2245 | +0.184% | $1.1M | $5.1M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2245 | +0.152% | $1.3M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2245 | +0.174% | $40.1M | $50.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2243 | +0.087% | $697K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2245 | +0.153% | $44K | $193K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2244 | +0.134% | $20.7M | $16.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2238 | −0.122% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2239 | −0.072% | $486K | $3.8M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2240 | −0.049% | $121K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2244 | +0.129% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2242 | +0.027% | $277K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2242 | +0.040% | $5.2M | $13.4M | 50x | as long as short |
| BloFin ARB-USDT | +0.0111% | 8h | 0.2241 | +0.018% | $3.0M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2242 | +0.040% | $506K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0156% | 1h | 0.2243 | +0.070% | $841K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2241 | +0.007% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2244 | +0.123% | $496K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0622% | 1h | 0.2246 | +0.228% | $1.1M | $2.7M | 20x | as long as short |
Binance ARBUSDT
Extended ARB-USD
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Bitget ARBUSDT
BingX ARB-USDT
Kraken Futures PF_ARBUSD
Lighter ARB
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
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP