Funding you earn now, next payment 09:00 UTC−0.0093%/8h= −10.2% APRpaid last 24h −0.028%
Price spread now: OKX against Extended+0.039%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$430.431% of the position
Funding, last 7 days−0.096%−$10 on $10k
+Price spread, last 7 days−0.106%−$11 · spread now +0.039%, 7d avg +0.066%
=Together, before fees−0.201%+ Points / potential airdropExtended: Active · farm board−$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.027% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.066%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ARB-USD | 0.2192 | 0.0016 | pay 0.0002% / 1h | 41m 38s | $363K | $3.1M | 25x |
| Short | OKX ARB-USDT-SWAP | 0.2193 | −0.0077 | pay 0.0077% / 8h | 7h 41m | $22.2M | $145.9M | 50x |
Extended ARB-USD
OKX ARB-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Extended. 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
- −$19.59
- Price spread: +0.039% → +0.066%
- −$2.73
- Slippage, 4 orders
- −$28.12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$65.44
- Costs to cover
- 0.431%
- Break-even
- never at this rate
Slippage from Extended: live order book, 2 min ago; OKX: live order book, 2 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 Extended live order book, 2 min ago | 9.09 bp | 11.6 bp −$12 | 71.8 bp −$718 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.23 bp | 9.6 bp −$10 | 20.7 bp −$207 | 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 | −0.1605% | 1h | 0.2190 | −0.075% | $40K | $372K | 12x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0296% | 1h | 0.2195 | +0.158% | $28K | $38K | 25x | as long as short |
| Gate ARB_USDT | −0.0261% | 8h | 0.2193 | +0.048% | $5.4M | $18.1M | 60x | as long as short |
| SoDEX ARB-USD | −0.0177% | 1h | 0.2195 | +0.135% | $9K | $2.3M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0168% | 1h | 0.2195 | +0.170% | $1.1M | $4.3M | 50x | as long as short |
| Bybit ARBUSDT | −0.0130% | 8h | 0.2192 | +0.030% | $53.3M | $126.0M | 50x | as long as short |
| OKX ARB-USDT-SWAPshort | −0.0077% | 8h | 0.2193 | +0.039% | $22.2M | $145.9M | 50x | |
| MEXC ARB_USDT | −0.0075% | 8h | 0.2193 | +0.053% | $42.9M | $62.8M | 200x | as long as short |
| 01 Exchange ARBUSD | −0.0048% | 1h | 0.2192 | +0.030% | $7K | $236 | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0040% | 8h | 0.2195 | +0.153% | $16K | $414K | 10x | as long as short |
Injective ARB/USDC PERP
Deribit ARB_USDC-PERPETUAL
Gate ARB_USDT
SoDEX ARB-USD
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
MEXC ARB_USDT
01 Exchange ARBUSD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2195 | +0.136% | $65K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2196 | +0.212% | $72K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0013% | 8h | 0.2192 | +0.035% | $63.3M | $299.4M | 75x | as long as short |
| Extended ARB-USDlong | +0.0016% | 1h | 0.2192 | long leg | $363K | $3.1M | 25x | |
| Variational Omni ARB | +0.0031% | 8h | 0.2198 | +0.280% | $1.8M | $3.0M | — | as long as short |
| BloFin ARB-USDT | +0.0049% | 8h | 0.2197 | +0.222% | $3.0M | $2.3M | 75x | as long as short |
| Bitget ARBUSDT | +0.0073% | 8h | 0.2192 | +0.016% | $21.0M | $34.7M | 50x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2196 | +0.205% | $139K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2193 | +0.057% | $1.3M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2195 | +0.158% | $37.2M | $50.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2194 | +0.124% | $628K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2194 | +0.118% | $43K | $146K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2193 | +0.080% | $19.5M | $13.8M | 75x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2196 | +0.213% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2198 | +0.306% | $40K | $468K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2200 | +0.394% | $468K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2199 | +0.336% | $119K | $267K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2198 | +0.276% | $74K | $2.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2197 | +0.245% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2198 | +0.276% | $295K | $836K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2196 | +0.199% | $4.8M | $12.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0123% | 1h | 0.2193 | +0.083% | $527K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0233% | 1h | 0.2196 | +0.181% | $980K | $2.8M | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0159% | 1h | 0.2196 | +0.220% | $830K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2194 | +0.127% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2206 | +0.651% | $528K | $1.6M | 50x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Variational Omni ARB
BloFin ARB-USDT
Bitget ARBUSDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
BingX ARB-USDC
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
RISEx ARB/USDC
Backpack ARB_USDC_PERP
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Coinbase International ARB-PERP-INTX