Funding you earn now, next payment 04:00 UTC−0.0022%/8h= −2.4% APRpaid last 24h −0.005%
Price spread now: BingX against edgeX−0.308%115s7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$720.721% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 4 days (all we have)+0.107%+$11 · spread now −0.308%, 7d avg −0.074%
=Together, before fees+0.049%+ Points / potential airdropedgeX: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.234% cheaper against edgeX than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.074%). Swap the legs. The two prices were read 115 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 | edgeX ARBUSDC | 0.2227 | 0.0100 | pay 0.0050% / 4h | 1h 09m | $40K | $460K | 20x |
| Short | BingX ARB-USDC | 0.2220 | 0.0078 | get 0.0078% / 8h | 5h 09m | — | $6.5M | — |
edgeX ARBUSDC
BingX ARB-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against edgeX. 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
- −$4.62
- Price spread: −0.308% → −0.074%
- −$23.35
- Slippage, 4 orders
- −$53.09
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$100.07
- Costs to cover
- 0.721%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 54 min ago; BingX: live order book, 6 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, 54 min ago | 13.48 bp | 20.1 bp −$20 | 71.6 bp −$716 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 4.27 bp | 10.2 bp −$10 | 32.9 bp −$329 | 89.4 bp −$8,941 | 688.8 bp −$344.4K |
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 | −0.1577% | 1h | 0.2213 | −0.609% | $40K | $372K | 12x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0154% | 1h | 0.2226 | −0.007% | $25K | $34K | 25x | as long as short |
| OKX ARB-USDT-SWAP | −0.0142% | 8h | 0.2221 | −0.249% | $22.4M | $150.0M | 50x | as long as short |
| MEXC ARB_USDT | −0.0141% | 8h | 0.2221 | −0.263% | $38.2M | $59.4M | 200x | as long as short |
| Variational Omni ARB | −0.0140% | 8h | 0.2223 | −0.159% | $1.9M | $2.9M | — | as long as short |
| Gate ARB_USDT | −0.0114% | 8h | 0.2222 | −0.204% | $5.4M | $19.2M | 60x | as long as short |
| 01 Exchange ARBUSD | −0.0112% | 1h | 0.2222 | −0.209% | $7K | $2K | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0110% | 1h | 0.2228 | +0.083% | $88K | $2.1M | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0098% | 1h | 0.2226 | −0.003% | $1.1M | $4.4M | 50x | as long as short |
| SoDEX ARB-USD | −0.0080% | 1h | 0.2225 | −0.047% | $10K | $2.3M | 5x | as long as short |
Injective ARB/USDC PERP
Deribit ARB_USDC-PERPETUAL
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Gate ARB_USDT
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Kraken Futures PF_ARBUSD
SoDEX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARBUSDT | −0.0075% | 8h | 0.2222 | −0.218% | $56.6M | $125.9M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0075% | 8h | 0.2227 | +0.020% | $12K | $387K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2222 | −0.194% | $66K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0013% | 1h | 0.2227 | +0.035% | $11K | — | 150x | as long as short |
| Extended ARB-USD | +0.0024% | 1h | 0.2221 | −0.266% | $353K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0026% | 8h | 0.2221 | −0.257% | $64.9M | $306.7M | 75x | as long as short |
| Phemex ARBUSDT | +0.0038% | 8h | 0.2226 | −0.025% | $5.0M | $12.9M | 50x | as long as short |
| Bitget ARBUSDT | +0.0073% | 8h | 0.2221 | −0.249% | $21.2M | $34.6M | 50x | as long as short |
| BingX ARB-USDCshort | +0.0078% | 8h | 0.2220 | −0.308% | — | $6.5M | — | |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2226 | −0.014% | $141K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0095% | 8h | 0.2228 | +0.061% | $3.1M | $2.6M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2222 | −0.222% | $1.2M | $6.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2223 | −0.150% | $38.5M | $49.1M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2225 | −0.064% | $651K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2221 | −0.242% | $42K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2223 | −0.173% | $19.6M | $15.3M | 75x | as long as short |
| edgeX ARBUSDClong | +0.0100% | 4h | 0.2227 | long leg | $40K | $460K | 20x | |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2229 | +0.109% | $483K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2227 | +0.020% | $120K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2231 | +0.200% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2229 | +0.110% | $303K | $939K | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2229 | +0.110% | $499K | $2.0M | 50x | as long as short |
| RISEx ARB/USDC | +0.0232% | 1h | 0.2223 | −0.142% | $485K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2227 | +0.018% | $832K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2225 | −0.077% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0569% | 1h | 0.2228 | +0.061% | $1.0M | $2.8M | 20x | as long as short |
Bybit ARBUSDT
Orderly PERP_ARB_USDC
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
Phemex ARBUSDT
Bitget ARBUSDT
Aevo ARB-PERP
BloFin ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP