Funding you earn now, next payment 11:00 UTC+0.0196%/8h= +21.4% APRpaid last 24h +0.006%
Price spread now: dYdX against Bybit+0.025%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.078%−$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and dYdX is 0.025% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.078%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.078% in total (about -4.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARBUSDT | 0.2174 | −0.0196 | get 0.0196% / 8h | 5h 06m | $53.6M | $117.4M | 50x |
| Short | dYdX ARB-USD | 0.2174 | 0 | get 0.0000% / 1h | 6m 49s | $63K | $3K | 10x |
Bybit ARBUSDT
dYdX ARB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $41.11
- Price spread: +0.025% → 0.000%
- $2.46
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $22.57
- Costs to cover
- 0.210%
- Break-even
- 3.2 days
Slippage unknown: Bybit: live order book, 5 min ago; dYdX: 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 Bybit live order book, 5 min ago | 0.23 bp | 10.6 bp −$11 | 21.0 bp −$210 | 50.0 bp −$4,995 | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 exchanges
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 | −0.1736% | 1h | 0.2165 | −0.409% | $39K | $372K | 12x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0232% | 1h | 0.2175 | +0.035% | $1.1M | $3.8M | 50x | as long as short |
| Bybit ARBUSDTlong | −0.0196% | 8h | 0.2174 | long leg | $53.6M | $117.4M | 50x | |
| Polymarket Perps ARB-USD | −0.0172% | 1h | 0.2175 | +0.032% | $77K | $1.8M | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0164% | 1h | 0.2173 | −0.023% | $29K | $32K | 25x | as long as short |
| OKX ARB-USDT-SWAP | −0.0160% | 8h | 0.2174 | +0.009% | $22.6M | $135.1M | 50x | as long as short |
| SoDEX ARB-USD | −0.0160% | 1h | 0.2173 | −0.037% | $9K | $2.1M | 5x | as long as short |
| MEXC ARB_USDT | −0.0158% | 8h | 0.2173 | −0.046% | $43.1M | $62.4M | 200x | as long as short |
| 01 Exchange ARBUSD | −0.0136% | 1h | 0.2175 | +0.055% | $7K | $414 | 10x | as long as short |
| Variational Omni ARB | −0.0068% | 8h | 0.2173 | −0.046% | $1.8M | $2.6M | — | as long as short |
Injective ARB/USDC PERP
Kraken Futures PF_ARBUSD
Polymarket Perps ARB-USD
Deribit ARB_USDC-PERPETUAL
OKX ARB-USDT-SWAP
SoDEX ARB-USD
MEXC ARB_USDT
01 Exchange ARBUSD
Variational Omni ARBShow all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ARB_USDT | −0.0062% | 8h | 0.2174 | −0.005% | $5.6M | $16.7M | 60x | as long as short |
| Extended ARB-USD | −0.0048% | 1h | 0.2172 | −0.093% | $357K | $2.9M | 25x | as long as short |
| Binance ARBUSDT | −0.0042% | 8h | 0.2174 | +0.018% | $63.7M | $276.1M | 75x | as long as short |
| Orderly PERP_ARB_USDC | −0.0010% | 8h | 0.2173 | −0.041% | $16K | $390K | 10x | as long as short |
| dYdX ARB-USDshort | 0.0000% | 1h | 0.2174 | +0.025% | $63K | $3K | 10x | |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2178 | +0.200% | $71K | — | 150x | as long as short |
| Aevo ARB-PERP | +0.0072% | 1h | 0.2174 | +0.005% | $138K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0076% | 8h | 0.2174 | −0.005% | $3.0M | $2.0M | 75x | as long as short |
| Phemex ARBUSDT | +0.0090% | 8h | 0.2174 | +0.005% | $4.6M | $12.5M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2175 | +0.074% | $1.3M | $5.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2175 | +0.060% | $35.0M | $48.5M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2176 | +0.083% | $621K | $1.5M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2176 | +0.096% | $53K | $152K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2173 | −0.023% | $18.9M | $12.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2174 | +0.005% | $20.9M | $32.0M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2173 | −0.023% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2174 | +0.009% | $38K | $465K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2176 | +0.082% | $474K | $3.3M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2175 | +0.051% | $118K | $308K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2177 | +0.143% | $2K | $1.0M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2174 | +0.023% | $282K | $753K | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0194% | 1h | 0.2176 | +0.115% | $970K | $2.7M | 20x | as long as short |
| RISEx ARB/USDC | +0.0271% | 1h | 0.2177 | +0.126% | $536K | $2.3M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0279% / S −0.0162% | 1h | 0.2175 | +0.058% | $831K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2176 | +0.093% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0424% | 1h | 0.2180 | +0.281% | $519K | $1.4M | 50x | as long as short |
Gate ARB_USDT
Extended ARB-USD
Binance ARBUSDT
Orderly PERP_ARB_USDC
gTrade (Gains Network) ARB/USD
Aevo ARB-PERP
BloFin ARB-USDT
Phemex ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDC
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Backpack ARB_USDC_PERP
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Coinbase International ARB-PERP-INTX