Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: edgeX against dYdX+0.789%51s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and edgeX is 0.789% dearer against dYdX than usual: you sell high and buy low: +$79 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ARB-USD | 0.2281 | 0 | get 0.0000% / 1h | 46m 12s | $67K | $4K | 10x |
| Short | edgeX ARBUSDC | 0.2299 | 0.0100 | get 0.0050% / 4h | 46m 12s | $41K | $462K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against dYdX. 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
- $21
- Price spread: +0.789% → 0.000%
- $78.9
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $80.9
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: dYdX: no order-book sample; edgeX: live order book, 32 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 dYdX no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 32 min ago | 13.40 bp | 22.4 bp −$22 | 98.9 bp −$989 | doesn't fit | doesn't fit |
dYdX: 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 | −0.1785% | 1h | 0.2281 | +0.012% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0281% | 1h | 0.2278 | −0.115% | $79K | $2.0M | 10x | as long as short |
| Variational Omni ARB | −0.0182% | 8h | 0.2292 | +0.497% | $1.9M | $2.7M | — | as long as short |
| 01 Exchange ARBUSD | −0.0160% | 1h | 0.2279 | −0.089% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0157% | 8h | 0.2276 | −0.194% | $58.6M | $129.2M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0108% | 8h | 0.2275 | −0.238% | $23.0M | $161.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0107% | 8h | 0.2276 | −0.194% | $38.3M | $59.4M | 200x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0101% | 1h | 0.2279 | −0.084% | $26K | $32K | 25x | as long as short |
| SoDEX ARB-USD | −0.0066% | 1h | 0.2278 | −0.124% | $4K | $2.6M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0041% | 8h | 0.2279 | −0.076% | $13K | $398K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USDlong | 0.0000% | 1h | 0.2281 | long leg | $67K | $4K | 10x | |
| Extended ARB-USD | 0.0000% | 1h | 0.2277 | −0.171% | $363K | $2.3M | 25x | as long as short |
| Binance ARBUSDT | +0.0002% | 8h | 0.2277 | −0.146% | $66.5M | $314.8M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2281 | −0.006% | $56K | — | 150x | as long as short |
| BloFin ARB-USDT | +0.0028% | 8h | 0.2284 | +0.157% | $3.1M | $2.7M | 75x | as long as short |
| Gate ARB_USDT | +0.0033% | 8h | 0.2279 | −0.067% | $5.5M | $20.1M | 60x | as long as short |
| BingX ARB-USDT | +0.0068% | 8h | 0.2279 | −0.093% | — | $53.4M | — | as long as short |
| Bitget ARBUSDT | +0.0070% | 8h | 0.2276 | −0.207% | $21.5M | $36.7M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2280 | −0.045% | $149K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2279 | −0.067% | $1.4M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2283 | +0.078% | $41.4M | $48.0M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2280 | −0.027% | $710K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2282 | +0.046% | $48K | $187K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2278 | −0.098% | $19.8M | $16.3M | 75x | as long as short |
| edgeX ARBUSDCshort | +0.0100% | 4h | 0.2299 | +0.789% | $41K | $462K | 20x | |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2299 | +0.820% | $490K | $3.7M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2291 | +0.450% | $123K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2283 | +0.100% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2279 | −0.063% | $294K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2282 | +0.056% | $5.3M | $13.3M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2282 | +0.056% | $513K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0235% | 1h | 0.2280 | −0.051% | $1.2M | $4.9M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0283% / S −0.0168% | 1h | 0.2281 | +0.002% | $885K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2278 | −0.100% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2281 | −0.001% | $504K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0529% | 1h | 0.2283 | +0.108% | $934K | $2.8M | 20x | as long as short |
edgeX ARBUSDC
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
Variational Omni ARB
01 Exchange ARBUSD
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
SoDEX ARB-USD
Extended ARB-USD
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
BloFin ARB-USDT
Gate ARB_USDT
BingX ARB-USDT
Bitget ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
Kraken Futures PF_ARBUSD
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP