Funding you earn now, next payment 11:00 UTC−0.1836%/8h= −201.0% APRpaid last 24h −0.500%
Price spread now: Injective against edgeX−0.285%107s7-day average −0.424% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−3.570%−$357 on $10k
+Price spread, last 4 days (all we have)+1.278%+$128 · spread now −0.285%, 7d avg −0.424%
=Together, before fees−2.291%+ Points / potential airdropedgeX: Active · farm board−$229 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 0.139% dearer against edgeX than usual: you sell high and buy low (spread −0.285% now, against its 7-day average of −0.424%): +$14 on $10k if it goes back. Holding the pair costs −$55 a day in funding at the current rate, which eats that in about 6 hours. The two prices were read 107 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 | 0.2188 | 0.0100 | pay 0.0050% / 4h | 1h 55m | $40K | $464K | 20x |
| Short | Injective ARB/USDC PERP | 0.2182 | −0.1736 | pay 0.0217% / 1h | 55m 42s | $39K | $372K | 12x |
edgeX ARBUSDC
Injective ARB/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$385.54
- Price spread: −0.285% → −0.424%
- $13.89
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$380.66
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: edgeX: live order book, 56 min ago; Injective: live order book, 56 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 edgeX live order book, 56 min ago | 11.45 bp | 19.1 bp −$19 | 97.2 bp −$972 | doesn't fit | doesn't fit |
| Sell Injective live order book, 56 min ago | 52.57 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
ARB on 36 exchanges
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 PERPshort | −0.1736% | 1h | 0.2182 | −0.285% | $39K | $372K | 12x | |
| SoDEX ARB-USD | −0.0236% | 1h | 0.2187 | −0.057% | $9K | $2.2M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0230% | 1h | 0.2188 | −0.006% | $1.1M | $4.2M | 50x | as long as short |
| Bybit ARBUSDT | −0.0194% | 8h | 0.2187 | −0.061% | $53.8M | $122.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0142% | 8h | 0.2187 | −0.066% | $44.3M | $61.0M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0142% | 8h | 0.2187 | −0.061% | $22.8M | $142.9M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0128% | 1h | 0.2188 | −0.030% | $7K | $414 | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0116% | 1h | 0.2188 | −0.011% | $29K | $36K | 25x | as long as short |
| Binance ARBUSDT | −0.0034% | 8h | 0.2188 | −0.025% | $64.0M | $289.5M | 75x | as long as short |
| Extended ARB-USD | −0.0032% | 1h | 0.2187 | −0.080% | $359K | $3.0M | 25x | as long as short |
SoDEX ARB-USD
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
MEXC ARB_USDT
OKX ARB-USDT-SWAP
01 Exchange ARBUSD
Deribit ARB_USDC-PERPETUAL
Binance ARBUSDT
Extended ARB-USDShow all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ARB | −0.0030% | 8h | 0.2186 | −0.098% | $1.8M | $2.6M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0021% | 8h | 0.2187 | −0.057% | $16K | $411K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2189 | +0.057% | $64K | $3K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2190 | +0.078% | $73K | — | 150x | as long as short |
| Polymarket Perps ARB-USD | +0.0032% | 1h | 0.2187 | −0.071% | $73K | $1.9M | 10x | as long as short |
| Gate ARB_USDT | +0.0033% | 8h | 0.2188 | −0.034% | $5.5M | $16.3M | 60x | as long as short |
| Phemex ARBUSDT | +0.0043% | 8h | 0.2187 | −0.057% | $4.7M | $12.6M | 50x | as long as short |
| Aevo ARB-PERP | +0.0072% | 1h | 0.2188 | −0.011% | $139K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0086% | 8h | 0.2189 | +0.053% | $3.0M | $2.1M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2188 | −0.002% | $1.3M | $5.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2190 | +0.066% | $35.7M | $50.0M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2189 | +0.043% | $626K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2189 | +0.029% | $42K | $143K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2188 | −0.020% | $19.0M | $13.4M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2187 | −0.057% | $21.0M | $33.6M | 50x | as long as short |
| BingX ARB-USDT | +0.0100% | 8h | 0.2187 | −0.048% | — | $31.8M | — | as long as short |
| edgeX ARBUSDClong | +0.0100% | 4h | 0.2188 | long leg | $40K | $464K | 20x | |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2189 | +0.035% | $467K | $3.4M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2190 | +0.080% | $118K | $311K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2192 | +0.172% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2189 | +0.030% | $296K | $816K | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0210% | 1h | 0.2190 | +0.089% | $976K | $2.7M | 20x | as long as short |
| RISEx ARB/USDC | +0.0271% | 1h | 0.2190 | +0.073% | $531K | $2.4M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0279% / S −0.0162% | 1h | 0.2189 | +0.020% | $836K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2187 | −0.063% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0424% | 1h | 0.2196 | +0.336% | $524K | $1.4M | 50x | as long as short |
Variational Omni ARB
Orderly PERP_ARB_USDC
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Polymarket Perps ARB-USD
Gate ARB_USDT
Phemex ARBUSDT
Aevo ARB-PERP
BloFin ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDT
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Backpack ARB_USDC_PERP
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Coinbase International ARB-PERP-INTX