Funding you earn now, next payment 22:00 UTC+0.0006%/8h= +0.7% APRpaid last 24h +0.031%
Price spread now: Gate against Deribit−0.045%7-day average — · you buy dearer than you sell
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
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.045% cheaper against Deribit than usual: you would sell low and buy high, −$4 on $10k if it 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 | 0.2237 | 0 | get 0.0000% / 1h | 10m 07s | $38K | $20K | 25x |
| Short | Gate ARB_USDT | 0.2236 | 0.0006 | get 0.0006% / 8h | 2h 10m | $5.5M | $21.6M | 60x |
Deribit ARB_USDC-PERPETUAL
Gate ARB_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $1.26
- Price spread: −0.045% → 0.000%
- −$4.47
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$25.21
- Costs to cover
- 0.220%
- Break-even
- 147.1 days
Slippage unknown: Deribit: no order-book sample; Gate: live order book, 4 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 Gate live order book, 4 min ago | 2.02 bp | 16.7 bp −$17 | 26.7 bp −$267 | 86.7 bp −$8,668 | 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 | −0.1675% | 1h | 0.2214 | −1.028% | $40K | $197K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0272% | 1h | 0.2228 | −0.384% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0159% | 8h | 0.2225 | −0.523% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0145% | 8h | 0.2235 | −0.112% | $56.4M | $135.9M | 50x | as long as short |
| SoDEX ARB-USD | −0.0111% | 1h | 0.2234 | −0.116% | $4K | $2.9M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0105% | 8h | 0.2233 | −0.170% | $22.3M | $164.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0104% | 8h | 0.2236 | −0.049% | $37.1M | $63.9M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2236 | −0.024% | $1.1M | $5.3M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0051% | 1h | 0.2232 | −0.228% | $77K | $2.2M | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0021% | 8h | 0.2235 | −0.089% | $10K | $388K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Kraken Futures PF_ARBUSD
Polymarket Perps ARB-USD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | −0.0017% | 8h | 0.2235 | −0.081% | $63.6M | $324.6M | 75x | as long as short |
| Extended ARB-USD | −0.0016% | 1h | 0.2234 | −0.113% | $355K | $2.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2229 | −0.365% | $66K | $4K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUALlong | 0.0000% | 1h | 0.2237 | long leg | $38K | $20K | 25x | |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2236 | −0.047% | $56K | — | 150x | as long as short |
| Gate ARB_USDTshort | +0.0006% | 8h | 0.2236 | −0.045% | $5.5M | $21.6M | 60x | |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2237 | −0.004% | $146K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0089% | 8h | 0.2235 | −0.089% | $20.9M | $38.2M | 50x | as long as short |
| BingX ARB-USDC | +0.0089% | 8h | 0.2233 | −0.174% | — | $6.5M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2235 | −0.072% | $1.3M | $7.8M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2235 | −0.094% | $39.8M | $53.0M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2234 | −0.129% | $693K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2228 | −0.384% | $47K | $199K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2236 | −0.040% | $20.6M | $16.9M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2230 | −0.316% | $39K | $458K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2227 | −0.435% | $480K | $4.1M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2231 | −0.268% | $121K | $297K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2227 | −0.447% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2235 | −0.072% | $275K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2235 | −0.089% | $5.2M | $13.7M | 50x | as long as short |
| BloFin ARB-USDT | +0.0102% | 8h | 0.2227 | −0.451% | $3.0M | $3.3M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0154% / S −0.0018% | 1h | 0.2236 | −0.030% | $848K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2249 | +0.536% | $504K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2234 | −0.142% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2231 | −0.273% | $495K | $2.8M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0557% | 1h | 0.2239 | +0.076% | $1.1M | $2.7M | 20x | as long as short |
Binance ARBUSDT
Extended ARB-USD
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Aevo ARB-PERP
Bitget ARBUSDT
BingX ARB-USDC
Lighter ARB
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
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP