Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0095%/8h= +10.4% APRpaid last 24h +0.029%

Price spread now: HTX against gTrade (Gains Network)−0.049%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on HTX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. HTX is 0.049% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.049% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 41 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ARB/USD	0.2196	L +0.0005% / S −0.0009%	pay 0.0001% / 1h	48m 23s	$44K	—	150x
Short	HTX ARB-USDT	0.2195	0.0100	get 0.0100% / 8h	48m 23s	$293K	$833K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee HTXbpOrdersPrice spread, now −0.049%Rate

Funding earned: $20.01
Price spread: −0.049% → 0.000%: −$4.87
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$6.86
Costs to cover: 0.220%
Break-even: 9.4 days

Slippage unknown: gTrade (Gains Network): no order-book sample; HTX: live order book, 10 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell HTX live order book, 10 min ago	21.47 bp	39.8 bp −$40	doesn't fit	doesn't fit	doesn't fit

gTrade (Gains Network): 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	0.2183	−0.591%	$39K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0136%	1h	0.2195	−0.026%	$7K	$236	10x	as long as short
OKX ARB-USDT-SWAP	−0.0088%	8h	0.2195	−0.058%	$22.0M	$145.0M	50x	as long as short
MEXC ARB_USDT	−0.0087%	8h	0.2196	−0.017%	$42.4M	$61.6M	200x	as long as short
Orderly PERP_ARB_USDC	−0.0039%	8h	0.2194	−0.090%	$13K	$407K	10x	as long as short
Variational Omni ARB	−0.0022%	8h	0.2193	−0.152%	$1.8M	$3.0M	—	as long as short
Bybit ARBUSDT	−0.0002%	8h	0.2195	−0.049%	$53.8M	$126.3M	50x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2196	−0.019%	$65K	$5K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2195	−0.035%	$28K	$38K	25x	as long as short
gTrade (Gains Network) ARB/USDlong	L +0.0005% / S −0.0009%	1h	0.2196	long leg	$44K	—	150x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ARBUSDT	+0.0008%	8h	0.2195	−0.036%	$62.7M	$301.4M	75x	as long as short
Extended ARB-USD	+0.0008%	1h	0.2194	−0.096%	$349K	$3.0M	25x	as long as short
Gate ARB_USDT	+0.0018%	8h	0.2196	−0.003%	$5.4M	$18.3M	60x	as long as short
BloFin ARB-USDT	+0.0031%	8h	0.2194	−0.090%	$3.0M	$2.3M	75x	as long as short
Polymarket Perps ARB-USD	+0.0033%	1h	0.2195	−0.044%	$67K	$2.1M	10x	as long as short
SoDEX ARB-USD	+0.0038%	1h	0.2195	−0.053%	$9K	$2.2M	5x	as long as short
RISEx ARB/USDC	+0.0069%	1h	0.2197	+0.036%	$489K	$2.6M	10x	as long as short
BingX ARB-USDT	+0.0076%	8h	0.2195	−0.049%	—	$33.2M	—	as long as short
Bitget ARBUSDT	+0.0079%	8h	0.2194	−0.090%	$21.2M	$34.7M	50x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2196	+0.001%	$139K	$7K	3x	as long as short
Kraken Futures PF_ARBUSD	+0.0093%	1h	0.2196	−0.003%	$1.1M	$4.4M	50x	as long as short
Lighter ARB	+0.0096%	1h	0.2195	−0.053%	$1.2M	$5.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2197	+0.033%	$37.1M	$49.4M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2196	−0.016%	$631K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2196	+0.020%	$43K	$147K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2196	+0.006%	$19.5M	$14.1M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2192	−0.169%	$39K	$464K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2193	−0.128%	$474K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2192	−0.181%	$118K	$279K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2197	+0.047%	$2K	$1.1M	30x	as long as short
HTX ARB-USDTshort	+0.0100%	8h	0.2195	−0.049%	$293K	$833K	50x
Phemex ARBUSDT	+0.0100%	8h	0.2194	−0.090%	$4.8M	$12.8M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2195	−0.038%	$828K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0288%	1h	0.2194	−0.080%	$2K	$695	20x	as long as short
Coinbase International ARB-PERP-INTX	+0.0336%	1h	0.2200	+0.202%	$526K	$1.5M	50x	as long as short
Backpack ARB_USDC_PERP	+0.0782%	1h	0.2197	+0.056%	$987K	$2.8M	20x	as long as short