Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0012%/8h= −1.3% APRpaid last 24h −0.003%

Price spread now: Aevo against edgeX−0.212%7-day average +0.059% · you buy dearer than you sell

Net, funding: paid 7d − costs−$178as in the Funding arb table

Net, price: spread back to 7d avg − costs−$203as in the Price arb table

costs, in and out, $10k−$1761.758% of the position

Long on edgeX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.024%−$2 on $10k

Price spread, last 3 days (all we have)+0.682%+$68 · spread now −0.212%, 7d avg +0.059%

Together, before fees+0.658%+ Points / potential airdropedgeX: Active · farm board+$66 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Aevo is 0.270% cheaper against edgeX than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of +0.059%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX ARBUSDC	0.2268	0.0100	pay 0.0050% / 4h	22m 34s	$40K	$461K	20x
Short	Aevo ARB-PERP	0.2263	0.0088	get 0.0011% / 1h	22m 34s	$148K	$12K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against edgeX. 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 edgeXbpFee AevobpOrdersPrice spread, now −0.212%Rate

Funding earned: −$2.52
Price spread: −0.212% → +0.059%: −$27.03
Slippage, 4 orders: −$150.76
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$205.31
Costs to cover: 1.758%
Break-even: never at this rate

Slippage from edgeX: live order book, 56 min ago; Aevo: live order book, 56 min ago.

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 edgeX live order book, 56 min ago	13.40 bp	21.8 bp −$22	100.2 bp −$1,002	doesn't fit	doesn't fit
Sell Aevo live order book, 56 min ago	35.73 bp	65.3 bp −$65	doesn't fit	doesn't fit	doesn't fit

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	0.2249	−0.822%	$41K	$372K	12x	as long as short
Polymarket Perps ARB-USD	−0.0263%	1h	0.2266	−0.050%	$70K	$2.0M	10x	as long as short
Variational Omni ARB	−0.0183%	8h	0.2274	+0.271%	$2.0M	$2.8M	—	as long as short
01 Exchange ARBUSD	−0.0176%	1h	0.2267	−0.028%	$7K	$2K	10x	as long as short
Bybit ARBUSDT	−0.0160%	8h	0.2266	−0.068%	$58.5M	$128.4M	50x	as long as short
OKX ARB-USDT-SWAP	−0.0109%	8h	0.2266	−0.055%	$22.9M	$159.8M	50x	as long as short
MEXC ARB_USDT	−0.0109%	8h	0.2265	−0.116%	$38.0M	$59.9M	200x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0104%	1h	0.2262	−0.240%	$26K	$32K	25x	as long as short
SoDEX ARB-USD	−0.0067%	1h	0.2262	−0.258%	$4K	$2.6M	5x	as long as short
Orderly PERP_ARB_USDC	−0.0038%	8h	0.2261	−0.293%	$13K	$395K	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-USD	0.0000%	1h	0.2266	−0.094%	$67K	$4K	10x	as long as short
Gate ARB_USDT	+0.0003%	8h	0.2266	−0.081%	$5.5M	$20.3M	60x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2262	−0.232%	$55K	—	150x	as long as short
Binance ARBUSDT	+0.0014%	8h	0.2266	−0.050%	$66.5M	$313.8M	75x	as long as short
Extended ARB-USD	+0.0016%	1h	0.2265	−0.099%	$359K	$2.3M	25x	as long as short
BloFin ARB-USDT	+0.0058%	8h	0.2262	−0.258%	$3.2M	$2.8M	75x	as long as short
Bitget ARBUSDT	+0.0062%	8h	0.2266	−0.072%	$21.4M	$36.0M	50x	as long as short
BingX ARB-USDT	+0.0063%	8h	0.2266	−0.094%	—	$53.9M	—	as long as short
Aevo ARB-PERPshort	+0.0088%	1h	0.2263	−0.212%	$148K	$12K	3x
Lighter ARB	+0.0096%	1h	0.2266	−0.072%	$1.4M	$7.5M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2263	−0.187%	$40.7M	$47.5M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2264	−0.147%	$705K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2265	−0.101%	$48K	$184K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2266	−0.090%	$19.7M	$16.1M	75x	as long as short
edgeX ARBUSDClong	+0.0100%	4h	0.2268	long leg	$40K	$461K	20x
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2274	+0.281%	$486K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2267	−0.028%	$122K	$296K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2265	−0.116%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2261	−0.288%	$288K	$1.1M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2260	−0.337%	$5.2M	$13.1M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0216%	1h	0.2255	−0.557%	$508K	$2.3M	50x	as long as short
Kraken Futures PF_ARBUSD	+0.0236%	1h	0.2264	−0.141%	$1.1M	$4.9M	50x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2266	−0.063%	$2K	$695	20x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0296% / S −0.0186%	1h	0.2262	−0.228%	$924K	—	150x	as long as short
RISEx ARB/USDC	+0.0330%	1h	0.2269	+0.069%	$515K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0466%	1h	0.2266	−0.077%	$1.0M	$2.9M	20x	as long as short