Funding you earn now, next payment 00:00 UTC−0.0132%/8h= −14.5% APRpaid last 24h −0.078%
Price spread now: SunX against Coinbase International−0.221%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$215as in the Funding arb table
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$1911.914% of the position
Funding, last 7 days−0.238%−$24 on $10k
+Price spread, last 3 days (all we have)+0.152%+$15 · spread now −0.221%, 7d avg −0.066%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and SunX is 0.155% cheaper against Coinbase International than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.066%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ARB-PERP-INTX | 0.2261 | 0.0232 | pay 0.0029% / 1h | 26m 54s | $510K | $2.2M | 50x |
| Short | SunX ARB-USDT | 0.2256 | 0.0100 | get 0.0100% / 8h | 7h 26m | $2K | $1.1M | 30x |
Coinbase International ARB-PERP-INTX
SunX ARB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Coinbase International. 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
- −$27.72
- Price spread: −0.221% → −0.066%
- −$15.47
- Slippage, 4 orders
- −$173.41
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$234.6
- Costs to cover
- 1.914%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 2 min ago; SunX: live order book, 6 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 Coinbase International live order book, 2 min ago | 6.64 bp | 21.3 bp −$21 | 36.9 bp −$369 | doesn't fit | doesn't fit |
| Sell SunX live order book, 6 min ago | 31.11 bp | 91.5 bp −$91 | 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 | −0.1666% | 1h | 0.2244 | −0.752% | $40K | $372K | 12x | as long as short |
| Variational Omni ARB | −0.0206% | 8h | 0.2249 | −0.517% | $2.0M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0159% | 8h | 0.2263 | +0.093% | $58.5M | $126.3M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0152% | 1h | 0.2261 | −0.009% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0138% | 1h | 0.2256 | −0.206% | $1.1M | $4.9M | 50x | as long as short |
| MEXC ARB_USDT | −0.0118% | 8h | 0.2260 | −0.044% | $38.8M | $59.1M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0117% | 8h | 0.2265 | +0.155% | $22.7M | $157.5M | 50x | as long as short |
| SoDEX ARB-USD | −0.0090% | 1h | 0.2254 | −0.296% | $4K | $2.5M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0049% | 8h | 0.2254 | −0.310% | $13K | $386K | 10x | as long as short |
| Binance ARBUSDT | 0.0000% | 8h | 0.2263 | +0.090% | $66.6M | $309.7M | 75x | as long as short |
Injective ARB/USDC PERP
Variational Omni ARB
Bybit ARBUSDT
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
SoDEX ARB-USD
Orderly PERP_ARB_USDC
Binance ARBUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2258 | −0.131% | $67K | $4K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2259 | −0.097% | $363K | $3.6M | 25x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2255 | −0.252% | $25K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2255 | −0.276% | $32K | — | 150x | as long as short |
| BingX ARB-USDT | +0.0074% | 8h | 0.2263 | +0.102% | — | $54.0M | — | as long as short |
| Bitget ARBUSDT | +0.0076% | 8h | 0.2259 | −0.088% | $21.5M | $35.6M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2256 | −0.229% | $143K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2257 | −0.195% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2259 | −0.097% | $40.7M | $47.3M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2258 | −0.113% | $702K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2259 | −0.080% | $44K | $185K | 10x | as long as short |
| Gate ARB_USDT | +0.0100% | 8h | 0.2263 | +0.097% | $5.5M | $19.8M | 60x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2261 | −0.009% | $19.7M | $15.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2253 | −0.356% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2251 | −0.429% | $486K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2252 | −0.398% | $121K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2261 | +0.018% | $65K | $2.0M | 10x | as long as short |
| SunX ARB-USDTshort | +0.0100% | 8h | 0.2256 | −0.221% | $2K | $1.1M | 30x | |
| HTX ARB-USDT | +0.0100% | 8h | 0.2261 | +0.004% | $294K | $974K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2256 | −0.221% | $5.1M | $13.0M | 50x | as long as short |
| BloFin ARB-USDT | +0.0120% | 8h | 0.2258 | −0.150% | $3.1M | $2.9M | 75x | as long as short |
| Coinbase International ARB-PERP-INTXlong | +0.0232% | 1h | 0.2261 | long leg | $510K | $2.2M | 50x | |
| GMX ARB/USD [ARB-USDC] | L +0.0288% / S −0.0175% | 1h | 0.2255 | −0.287% | $895K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2258 | −0.126% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2262 | +0.063% | $516K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0523% | 1h | 0.2259 | −0.080% | $1.0M | $2.8M | 20x | as long as short |
dYdX ARB-USD
Extended ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
BingX ARB-USDT
Bitget ARBUSDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Gate ARB_USDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP