Funding you earn now, next payment 00:00 UTC+0.0260%/8h= +28.5% APRnext payment +$2.60 per $10,000 · paid last 24h +0.001%
Price spread now: HTX against Bybit+0.026%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$860.857% of the position
Funding, last 7 days+0.104%+$10 on $10k
+Price spread, last 3 days (all we have)+0.541%+$54 · spread now +0.026%, 7d avg +0.039%
=The price spread sits at its 7-day average of +0.039%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.104% in total (about 5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.60 per $10,000. 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 | 0.2272 | −0.0160 | get 0.0160% / 8h | 41m 40s | $58.5M | $129.2M | 50x |
| Short | HTX ARB-USDT | 0.2273 | 0.0100 | get 0.0100% / 8h | 41m 40s | $293K | $1.1M | 50x |
Bybit ARBUSDT
HTX ARB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $54.57
- Price spread: +0.026% → +0.039%
- −$1.22
- Slippage, 4 orders
- −$62.66
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$32.32
- Costs to cover
- 0.857%
- Break-even
- 11.1 days
Slippage from Bybit: live order book, 2 min ago; HTX: live order book, 2 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, 2 min ago | 0.22 bp | 10.2 bp −$10 | 19.6 bp −$196 | 49.3 bp −$4,931 | doesn't fit |
| Sell HTX live order book, 2 min ago | 4.40 bp | 25.9 bp −$26 | 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 | −0.1785% | 1h | 0.2264 | −0.361% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0316% | 1h | 0.2270 | −0.079% | $78K | $2.0M | 10x | as long as short |
| Variational Omni ARB | −0.0182% | 8h | 0.2277 | +0.205% | $1.9M | $2.7M | — | as long as short |
| Bybit ARBUSDTlong | −0.0160% | 8h | 0.2272 | long leg | $58.5M | $129.2M | 50x | |
| 01 Exchange ARBUSD | −0.0152% | 1h | 0.2273 | +0.022% | $7K | $2K | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0114% | 8h | 0.2273 | +0.018% | $22.9M | $160.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0112% | 8h | 0.2274 | +0.075% | $38.3M | $59.6M | 200x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0102% | 1h | 0.2274 | +0.062% | $26K | $32K | 25x | as long as short |
| SoDEX ARB-USD | −0.0044% | 1h | 0.2272 | +0.004% | $4K | $2.6M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0041% | 8h | 0.2274 | +0.079% | $13K | $397K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
Variational Omni ARB
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
SoDEX ARB-USD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2274 | +0.097% | $67K | $4K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2273 | +0.017% | $363K | $2.3M | 25x | as long as short |
| Binance ARBUSDT | +0.0004% | 8h | 0.2273 | +0.041% | $66.5M | $314.6M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2274 | +0.071% | $56K | — | 150x | as long as short |
| BloFin ARB-USDT | +0.0015% | 8h | 0.2270 | −0.092% | $3.1M | $2.8M | 75x | as long as short |
| Gate ARB_USDT | +0.0021% | 8h | 0.2274 | +0.070% | $5.5M | $20.2M | 60x | as long as short |
| BingX ARB-USDC | +0.0068% | 8h | 0.2272 | −0.018% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0069% | 8h | 0.2273 | +0.035% | $21.4M | $36.3M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2274 | +0.096% | $149K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2276 | +0.154% | $1.4M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2276 | +0.185% | $41.4M | $48.0M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2274 | +0.067% | $708K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2275 | +0.123% | $48K | $187K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2275 | +0.106% | $19.8M | $16.3M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2277 | +0.202% | $40K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2272 | −0.009% | $485K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2277 | +0.211% | $123K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2274 | +0.079% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDTshort | +0.0100% | 8h | 0.2273 | +0.026% | $293K | $1.1M | 50x | |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2273 | +0.035% | $5.2M | $13.2M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2272 | −0.009% | $510K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0235% | 1h | 0.2273 | +0.053% | $1.2M | $4.9M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2271 | −0.071% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0296% / S −0.0186% | 1h | 0.2274 | +0.072% | $929K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2275 | +0.124% | $503K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0454% | 1h | 0.2275 | +0.132% | $929K | $2.8M | 20x | as long as short |
dYdX ARB-USD
Extended ARB-USD
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
BloFin ARB-USDT
Gate ARB_USDT
BingX ARB-USDC
Bitget ARBUSDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
Kraken Futures PF_ARBUSD
Reya ARBRUSDPERP
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP