Funding you earn now, next payment 06:00 UTC−0.0352%/8h= −38.5% APRnext payment −$0.44 per $10,000 · paid last 24h −0.137%
Price spread now: 01 Exchange against Coinbase International−0.401%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and 01 Exchange is 0.401% cheaper against Coinbase International than usual: you would sell low and buy high (−$40 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ARB-PERP-INTX | 0.2218 | 0.0288 | pay 0.0036% / 1h | 47m 43s | $518K | $1.6M | 50x |
| Short | 01 Exchange ARBUSD | 0.2209 | −0.0064 | pay 0.0008% / 1h | 47m 43s | $7K | $236 | 10x |
Coinbase International ARB-PERP-INTX
01 Exchange ARBUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$73.92
- Price spread: −0.401% → 0.000%
- −$40.13
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$131.05
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 1 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 Coinbase International live order book, 1 min ago | 6.79 bp | 23.3 bp −$23 | 70.3 bp −$703 | 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 | −0.1592% | 1h | 0.2200 | −0.812% | $40K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0253% | 1h | 0.2208 | −0.433% | $67K | $2.1M | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0157% | 1h | 0.2209 | −0.397% | $28K | $38K | 25x | as long as short |
| SoDEX ARB-USD | −0.0080% | 1h | 0.2208 | −0.446% | $9K | $2.2M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0071% | 8h | 0.2211 | −0.320% | $22.0M | $146.7M | 50x | as long as short |
| MEXC ARB_USDT | −0.0070% | 8h | 0.2211 | −0.329% | $41.7M | $61.6M | 200x | as long as short |
| Variational Omni ARB | −0.0070% | 8h | 0.2210 | −0.366% | $1.8M | $3.0M | — | as long as short |
| 01 Exchange ARBUSDshort | −0.0064% | 1h | 0.2209 | −0.401% | $7K | $236 | 10x | |
| Orderly PERP_ARB_USDC | −0.0045% | 8h | 0.2210 | −0.361% | $12K | $406K | 10x | as long as short |
| Bybit ARBUSDT | −0.0026% | 8h | 0.2211 | −0.334% | $54.4M | $126.5M | 50x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
Deribit ARB_USDC-PERPETUAL
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Orderly PERP_ARB_USDC
Bybit ARBUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2212 | −0.286% | $65K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2210 | −0.380% | $44K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0056% | 1h | 0.2210 | −0.364% | $467K | $2.6M | 10x | as long as short |
| Bitget ARBUSDT | +0.0058% | 8h | 0.2210 | −0.361% | $21.2M | $34.8M | 50x | as long as short |
| Gate ARB_USDT | +0.0067% | 8h | 0.2210 | −0.361% | $5.4M | $18.3M | 60x | as long as short |
| BingX ARB-USDT | +0.0093% | 8h | 0.2210 | −0.361% | — | $53.0M | — | as long as short |
| Binance ARBUSDT | +0.0095% | 8h | 0.2211 | −0.307% | $63.2M | $302.0M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2211 | −0.302% | $1.3M | $5.5M | 15x | as long as short |
| Extended ARB-USD | +0.0096% | 1h | 0.2207 | −0.490% | $352K | $2.8M | 25x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2213 | −0.216% | $37.4M | $49.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2212 | −0.284% | $635K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2213 | −0.243% | $43K | $150K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2209 | −0.415% | $19.7M | $14.3M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2209 | −0.410% | $39K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2209 | −0.392% | $480K | $3.7M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2210 | −0.361% | $119K | $282K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2210 | −0.361% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2211 | −0.311% | $295K | $873K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2208 | −0.451% | $5.0M | $12.9M | 50x | as long as short |
| Aevo ARB-PERP | +0.0104% | 1h | 0.2210 | −0.374% | $140K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0213% | 8h | 0.2213 | −0.203% | $3.1M | $2.4M | 75x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0231% | 1h | 0.2210 | −0.365% | $1.1M | $4.5M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2209 | −0.390% | $834K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTXlong | +0.0288% | 1h | 0.2218 | long leg | $518K | $1.6M | 50x | |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2208 | −0.472% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0631% | 1h | 0.2212 | −0.284% | $992K | $2.8M | 20x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
RISEx ARB/USDC
Bitget ARBUSDT
Gate ARB_USDT
BingX ARB-USDT
Binance ARBUSDT
Lighter ARB
Extended ARB-USD
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
Aevo ARB-PERP
BloFin ARB-USDT
Kraken Futures PF_ARBUSD
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP