Funding you earn now, next payment 08:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.024%
Price spread now: Kraken Futures against dYdX+0.054%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Kraken Futures is 0.054% dearer against dYdX than usual: you sell high and buy low: +$5 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 | dYdX ARB-USD | 0.2185 | 0 | get 0.0000% / 1h | 4m 41s | $65K | $4K | 10x |
| Short | Kraken Futures PF_ARBUSD | 0.2186 | 0.0093 | get 0.0012% / 1h | 4m 41s | $1.1M | $4.3M | 50x |
dYdX ARB-USD
Kraken Futures PF_ARBUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $19.52
- Price spread: +0.054% → 0.000%
- $5.37
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $4.89
- Costs to cover
- 0.200%
- Break-even
- 5.2 days
Slippage unknown: dYdX: no order-book sample; Kraken Futures: 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 4 min ago | 6.87 bp | 17.3 bp −$17 | 23.5 bp −$235 | 497.0 bp −$49.7K | 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 | −0.1612% | 1h | 0.2173 | −0.553% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0192% | 1h | 0.2185 | +0.019% | $7K | $236 | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0071% | 8h | 0.2182 | −0.155% | $21.9M | $144.5M | 50x | as long as short |
| MEXC ARB_USDT | −0.0069% | 8h | 0.2182 | −0.151% | $41.5M | $62.8M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0042% | 8h | 0.2186 | +0.041% | $16K | $409K | 10x | as long as short |
| Binance ARBUSDT | 0.0000% | 8h | 0.2183 | −0.102% | $62.6M | $299.0M | 75x | as long as short |
| dYdX ARB-USDlong | 0.0000% | 1h | 0.2185 | long leg | $65K | $4K | 10x | |
| Extended ARB-USD | 0.0000% | 1h | 0.2183 | −0.094% | $347K | $3.1M | 25x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2186 | +0.060% | $28K | $38K | 25x | as long as short |
| SoDEX ARB-USD | +0.0004% | 1h | 0.2185 | −0.004% | $9K | $2.2M | 5x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDC
Binance ARBUSDT
Extended ARB-USD
Deribit ARB_USDC-PERPETUAL
SoDEX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2186 | +0.046% | $73K | — | 150x | as long as short |
| Polymarket Perps ARB-USD | +0.0012% | 1h | 0.2186 | +0.023% | $73K | $2.1M | 10x | as long as short |
| Gate ARB_USDT | +0.0019% | 8h | 0.2184 | −0.036% | $5.4M | $18.5M | 60x | as long as short |
| Variational Omni ARB | +0.0025% | 8h | 0.2184 | −0.057% | $1.8M | $3.0M | — | as long as short |
| Bybit ARBUSDT | +0.0027% | 8h | 0.2182 | −0.151% | $53.1M | $125.9M | 50x | as long as short |
| RISEx ARB/USDC | +0.0069% | 1h | 0.2186 | +0.062% | $510K | $2.7M | 10x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2187 | +0.104% | $139K | $7K | 3x | as long as short |
| Bitget ARBUSDT | +0.0087% | 8h | 0.2184 | −0.050% | $21.1M | $34.6M | 50x | as long as short |
| BingX ARB-USDC | +0.0087% | 8h | 0.2183 | −0.114% | — | $6.5M | — | as long as short |
| Kraken Futures PF_ARBUSDshort | +0.0093% | 1h | 0.2186 | +0.054% | $1.1M | $4.3M | 50x | |
| Lighter ARB | +0.0096% | 1h | 0.2183 | −0.087% | $1.3M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2185 | +0.005% | $36.6M | $49.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2185 | −0.012% | $625K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2185 | −0.006% | $43K | $146K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2185 | −0.004% | $19.4M | $13.9M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2183 | −0.104% | $39K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2183 | −0.084% | $464K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2184 | −0.050% | $118K | $268K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2187 | +0.087% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2187 | +0.092% | $293K | $840K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2185 | −0.004% | $4.8M | $12.8M | 50x | as long as short |
| BloFin ARB-USDT | +0.0120% | 8h | 0.2185 | +0.019% | $2.9M | $2.3M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0159% | 1h | 0.2186 | +0.025% | $826K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2185 | −0.019% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2187 | +0.087% | $513K | $1.5M | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0432% | 1h | 0.2188 | +0.119% | $983K | $2.8M | 20x | as long as short |
gTrade (Gains Network) ARB/USD
Polymarket Perps ARB-USD
Gate ARB_USDT
Variational Omni ARB
Bybit ARBUSDT
RISEx ARB/USDC
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]
Reya ARBRUSDPERP
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP