ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.03 per $10,000 · paid last 24h +0.032%

Price spread now: Extended against Deribit−0.067%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Extended

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.067% cheaper against Deribit than usual: you would sell low and buy high (spread −0.067% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 9.3 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit ARB_USDC-PERPETUAL	0.2213	0	get 0.0000% / 1h	20m 35s	$24K	$34K	25x
Short	Extended ARB-USD	0.2211	0.0024	get 0.0003% / 1h	20m 35s	$354K	$2.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee ExtendedbpOrdersPrice spread, now −0.067%Rate

Funding earned: $5.04
Price spread: −0.067% → 0.000%: −$6.67
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$13.63
Costs to cover: 0.120%
Break-even: 25.9 days

Slippage unknown: Deribit: no order-book sample; Extended: live order book, 3 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 Extended live order book, 3 min ago	9.04 bp	11.5 bp −$12	71.9 bp −$719	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 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	−0.1649%	1h	0.2207	−0.267%	$40K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0168%	1h	0.2210	−0.113%	$7K	$2K	10x	as long as short
Polymarket Perps ARB-USD	−0.0136%	1h	0.2212	−0.059%	$98K	$2.2M	10x	as long as short
OKX ARB-USDT-SWAP	−0.0130%	8h	0.2209	−0.158%	$22.3M	$149.0M	50x	as long as short
MEXC ARB_USDT	−0.0130%	8h	0.2213	−0.014%	$42.0M	$60.7M	200x	as long as short
Variational Omni ARB	−0.0098%	8h	0.2211	−0.098%	$1.8M	$2.9M	—	as long as short
Orderly PERP_ARB_USDC	−0.0072%	8h	0.2213	+0.005%	$12K	$397K	10x	as long as short
Gate ARB_USDT	−0.0060%	8h	0.2213	−0.005%	$5.3M	$18.8M	60x	as long as short
Bybit ARBUSDT	−0.0025%	8h	0.2210	−0.127%	$55.9M	$127.0M	50x	as long as short
Kraken Futures PF_ARBUSD	−0.0006%	1h	0.2213	0.000%	$1.1M	$4.4M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ARB-USD	0.0000%	1h	0.2214	+0.032%	$65K	$5K	10x	as long as short
Deribit ARB_USDC-PERPETUALlong	0.0000%	1h	0.2213	long leg	$24K	$34K	25x
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2214	+0.028%	$32K	—	150x	as long as short
Binance ARBUSDT	+0.0024%	8h	0.2211	−0.094%	$64.3M	$307.6M	75x	as long as short
Extended ARB-USDshort	+0.0024%	1h	0.2211	−0.067%	$354K	$2.5M	25x
SoDEX ARB-USD	+0.0039%	1h	0.2213	−0.018%	$10K	$2.3M	5x	as long as short
BingX ARB-USDT	+0.0068%	8h	0.2212	−0.032%	—	$53.9M	—	as long as short
Bitget ARBUSDT	+0.0069%	8h	0.2212	−0.041%	$21.0M	$34.8M	50x	as long as short
Aevo ARB-PERP	+0.0088%	1h	0.2213	−0.010%	$140K	$7K	3x	as long as short
BloFin ARB-USDT	+0.0094%	8h	0.2212	−0.032%	$3.1M	$2.6M	75x	as long as short
Lighter ARB	+0.0096%	1h	0.2212	−0.032%	$1.2M	$5.8M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2214	+0.063%	$38.0M	$48.9M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2212	−0.029%	$637K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2213	−0.018%	$43K	$169K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2213	+0.027%	$19.6M	$15.0M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2214	+0.029%	$40K	$461K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2214	+0.050%	$470K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2217	+0.185%	$120K	$284K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2214	+0.050%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2212	−0.063%	$300K	$950K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2212	−0.041%	$5.0M	$13.0M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0224%	1h	0.2216	+0.140%	$492K	$2.0M	50x	as long as short
RISEx ARB/USDC	+0.0225%	1h	0.2213	−0.016%	$470K	$2.6M	10x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0159%	1h	0.2213	+0.003%	$834K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2211	−0.070%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0643%	1h	0.2215	+0.113%	$998K	$2.8M	20x	as long as short