Funding you earn now, next payment 03:00 UTC+0.0392%/8h= +42.9% APRpaid last 24h +0.053%
Price spread now: edgeX against Deribit+0.229%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and edgeX is 0.229% dearer against Deribit than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ARB_USDC-PERPETUAL | 0.2212 | −0.0292 | get 0.0036% / 1h | 53m 24s | $24K | $34K | 25x |
| Short | edgeX ARBUSDC | 0.2217 | 0.0100 | get 0.0050% / 4h | 1h 53m | $40K | $461K | 20x |
Deribit ARB_USDC-PERPETUAL
edgeX ARBUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Deribit. 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
- $82.32
- Price spread: +0.229% → 0.000%
- $22.93
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $89.25
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; edgeX: live order book, 10 min ago. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 10 min ago | 13.48 bp | 22.3 bp −$22 | 96.4 bp −$964 | doesn't fit | doesn't fit |
Deribit: 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 35 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 | −0.1577% | 1h | 0.2202 | −0.457% | $40K | $372K | 12x | as long as short |
| ApeX Omni ARBUSDT | −0.1072% | 1h | 0.2217 | +0.222% | $120K | $284K | 50x | as long as short |
| Deribit ARB_USDC-PERPETUALlong | −0.0292% | 1h | 0.2212 | long leg | $24K | $34K | 25x | |
| Polymarket Perps ARB-USD | −0.0197% | 1h | 0.2216 | +0.181% | $95K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0152% | 8h | 0.2229 | +0.745% | $1.9M | $2.9M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0138% | 8h | 0.2218 | +0.289% | $22.3M | $153.1M | 50x | as long as short |
| MEXC ARB_USDT | −0.0137% | 8h | 0.2216 | +0.163% | $38.5M | $59.0M | 200x | as long as short |
| 01 Exchange ARBUSD | −0.0120% | 1h | 0.2217 | +0.217% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USD | −0.0106% | 1h | 0.2219 | +0.298% | $10K | $2.4M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0098% | 1h | 0.2214 | +0.103% | $1.1M | $4.6M | 50x | as long as short |
Injective ARB/USDC PERP
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
01 Exchange ARBUSD
SoDEX ARB-USD
Kraken Futures PF_ARBUSDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0071% | 8h | 0.2218 | +0.267% | $12K | $383K | 10x | as long as short |
| Gate ARB_USDT | −0.0071% | 8h | 0.2218 | +0.276% | $5.4M | $19.0M | 60x | as long as short |
| Bybit ARBUSDT | −0.0065% | 8h | 0.2218 | +0.267% | $56.6M | $127.1M | 50x | as long as short |
| Binance ARBUSDT | 0.0000% | 8h | 0.2219 | +0.294% | $64.7M | $310.6M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2217 | +0.213% | $66K | $5K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2215 | +0.140% | $352K | $2.5M | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0012% | 1h | 0.2220 | +0.342% | $10K | — | 150x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2220 | +0.357% | $141K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2216 | +0.167% | $1.2M | $6.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2217 | +0.240% | $38.5M | $49.9M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2218 | +0.246% | $658K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2216 | +0.167% | $42K | $179K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2217 | +0.199% | $19.6M | $15.6M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2218 | +0.267% | $21.2M | $35.4M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2216 | +0.167% | — | $6.5M | — | as long as short |
| edgeX ARBUSDCshort | +0.0100% | 4h | 0.2217 | +0.229% | $40K | $461K | 20x | |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2218 | +0.267% | $473K | $3.6M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2214 | +0.086% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2214 | +0.077% | $297K | $963K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2212 | −0.005% | $4.9M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2214 | +0.090% | $505K | $2.1M | 50x | as long as short |
| RISEx ARB/USDC | +0.0232% | 1h | 0.2219 | +0.292% | $487K | $2.7M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2220 | +0.345% | $827K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2215 | +0.132% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0381% | 1h | 0.2214 | +0.090% | $1.0M | $2.8M | 20x | as long as short |
Orderly PERP_ARB_USDC
Gate ARB_USDT
Bybit ARBUSDT
Binance ARBUSDT
dYdX ARB-USD
Extended ARB-USD
gTrade (Gains Network) ARB/USD
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP