Settings8H · net · $10k
Funding arb · Price arb /

ARB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0192%/8h= −21.0% APRnext payment $0.24 per $10,000 · paid last 24h −0.010%
Price spread now: 01 Exchange against Deribit−0.142%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and 01 Exchange is 0.142% cheaper against Deribit than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit ARB_USDC-PERPETUAL0.21810get 0.0000% / 1h12m 59s$28K$38K25x
Short01 Exchange ARBUSD0.2178−0.0192pay 0.0024% / 1h12m 59s$7K$23610x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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

Funding earned
−$40.32
Price spread: −0.142% → 0.000%
−$14.21
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$68.53
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell 01 Exchange no order-book sample
Deribit and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1612%1h0.2169−0.546%$39K$372K12xas long as short
01 Exchange ARBUSDshort−0.0192%1h0.2178−0.142%$7K$23610x
OKX ARB-USDT-SWAP−0.0079%8h0.2180−0.023%$21.8M$144.5M50xas long as short
MEXC ARB_USDT−0.0079%8h0.2180−0.041%$41.6M$62.7M200xas long as short
Orderly PERP_ARB_USDC−0.0044%8h0.2181+0.005%$13K$404K10xas long as short
SoDEX ARB-USD−0.0008%1h0.2180−0.055%$9K$2.2M5xas long as short
Binance ARBUSDT−0.0002%8h0.2180−0.046%$62.4M$298.8M75xas long as short
Polymarket Perps ARB-USD−0.0001%1h0.2180−0.050%$76K$2.1M10xas long as short
dYdX ARB-USD0.0000%1h0.2177−0.184%$64K$4K10xas long as short
Extended ARB-USD0.0000%1h0.2179−0.086%$347K$3.1M25xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ARB_USDC-PERPETUALlong0.0000%1h0.2181long leg$28K$38K25x
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0007%1h0.2180−0.025%$69K150xas long as short
Variational Omni ARB+0.0016%8h0.2180−0.032%$1.8M$3.0Mas long as short
Gate ARB_USDT+0.0021%8h0.2180−0.064%$5.3M$18.5M60xas long as short
Bybit ARBUSDT+0.0024%8h0.2180−0.050%$53.1M$125.9M50xas long as short
RISEx ARB/USDC+0.0069%1h0.2179−0.089%$496K$2.7M10xas long as short
Aevo ARB-PERP+0.0080%1h0.2181−0.017%$138K$7K3xas long as short
BingX ARB-USDC+0.0085%8h0.2179−0.083%$6.5Mas long as short
Bitget ARBUSDT+0.0088%8h0.2180−0.041%$21.0M$34.6M50xas long as short
Kraken Futures PF_ARBUSD+0.0093%1h0.2181+0.022%$1.1M$4.3M50xas long as short
Lighter ARB+0.0096%1h0.2179−0.073%$1.3M$5.5M15xas long as short
Hyperliquid ARB+0.0100%1h0.2181−0.014%$36.5M$49.8M10xas long as short
Aster ARBUSDT+0.0100%8h0.2180−0.055%$624K$1.7M20xas long as short
Pacifica ARB+0.0100%1h0.2177−0.161%$43K$147K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2181−0.014%$19.4M$13.9M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2179−0.082%$38K$466K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2181+0.004%$464K$3.6M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2179−0.087%$118K$268K50xas long as short
SunX ARB-USDT+0.0100%8h0.2180−0.041%$1K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2181+0.014%$292K$839K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2179−0.087%$4.8M$12.7M50xas long as short
BloFin ARB-USDT+0.0118%8h0.2180−0.050%$3.0M$2.3M75xas long as short
GMX ARB/USD [ARB-USDC]L +0.0276% / S −0.0158%1h0.2180−0.049%$823K150xas long as short
Reya ARBRUSDPERP+0.0288%1h0.2180−0.063%$2K$69520xas long as short
Coinbase International ARB-PERP-INTX+0.0336%1h0.2184+0.142%$512K$1.5M50xas long as short
Backpack ARB_USDC_PERP+0.0468%1h0.2183+0.078%$979K$2.9M20xas long as short