Funding you earn now, next payment 05:00 UTC−0.0055%/8h= −6.0% APRnext payment −$0.07 per $10,000 · paid last 24h +0.012%
Price spread now: Kraken Futures against gTrade (Gains Network)+0.013%52s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 52 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 | gTrade (Gains Network) ARB/USD | 0.2193 | L +0.0005% / S −0.0006% | pay 0.0001% / 1h | 43m 19s | $32K | — | 150x |
| Short | Kraken Futures PF_ARBUSD | 0.2193 | −0.0050 | pay 0.0006% / 1h | 43m 19s | $1.1M | $4.4M | 50x |
gTrade (Gains Network) ARB/USD
Kraken Futures PF_ARBUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$11.51
- Price spread: +0.013% → 0.000%
- $1.32
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$30.18
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; Kraken Futures: live order book, 6 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 Kraken Futures live order book, 6 min ago | 10.47 bp | 17.5 bp −$17 | 25.0 bp −$250 | 486.9 bp −$48.7K | 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 | −0.1589% | 1h | 0.2181 | −0.556% | $39K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0215% | 1h | 0.2192 | −0.046% | $71K | $2.1M | 10x | as long as short |
| MEXC ARB_USDT | −0.0111% | 8h | 0.2193 | −0.009% | $41.9M | $60.3M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0109% | 8h | 0.2193 | −0.032% | $22.1M | $143.1M | 50x | as long as short |
| Variational Omni ARB | −0.0102% | 8h | 0.2189 | −0.170% | $1.8M | $2.9M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0073% | 8h | 0.2193 | −0.009% | $12K | $407K | 10x | as long as short |
| Bybit ARBUSDT | −0.0062% | 8h | 0.2192 | −0.046% | $55.3M | $123.7M | 50x | as long as short |
| Kraken Futures PF_ARBUSDshort | −0.0050% | 1h | 0.2193 | +0.013% | $1.1M | $4.4M | 50x | |
| Gate ARB_USDT | −0.0041% | 8h | 0.2192 | −0.059% | $5.3M | $18.0M | 60x | as long as short |
| 01 Exchange ARBUSD | −0.0016% | 1h | 0.2191 | −0.082% | $7K | $2K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Variational Omni ARB
Orderly PERP_ARB_USDC
Bybit ARBUSDT
Gate ARB_USDT
01 Exchange ARBUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2191 | −0.108% | $65K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USDlong | L +0.0005% / S −0.0006% | 1h | 0.2193 | long leg | $32K | — | 150x | |
| Deribit ARB_USDC-PERPETUAL | +0.0024% | 1h | 0.2194 | +0.027% | $24K | $34K | 25x | as long as short |
| Binance ARBUSDT | +0.0031% | 8h | 0.2193 | −0.007% | $63.8M | $299.3M | 75x | as long as short |
| Extended ARB-USD | +0.0032% | 1h | 0.2191 | −0.082% | $349K | $2.5M | 25x | as long as short |
| Bitget ARBUSDT | +0.0057% | 8h | 0.2192 | −0.055% | $20.8M | $34.1M | 50x | as long as short |
| BingX ARB-USDC | +0.0058% | 8h | 0.2192 | −0.064% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2193 | +0.014% | $139K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2192 | −0.050% | $1.2M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2193 | +0.009% | $37.6M | $48.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2192 | −0.078% | $631K | $1.5M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2192 | −0.061% | $42K | $159K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2193 | −0.023% | $19.5M | $14.7M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2191 | −0.079% | $38K | $465K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2190 | −0.168% | $472K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2191 | −0.100% | $118K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2194 | +0.036% | $1K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2193 | −0.023% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2192 | −0.064% | $297K | $885K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2192 | −0.055% | $4.9M | $12.8M | 50x | as long as short |
| BloFin ARB-USDT | +0.0102% | 8h | 0.2192 | −0.068% | $3.1M | $2.5M | 75x | as long as short |
| RISEx ARB/USDC | +0.0118% | 1h | 0.2191 | −0.103% | $477K | $2.6M | 10x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0256% | 1h | 0.2193 | −0.009% | $492K | $1.7M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2193 | +0.008% | $828K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2192 | −0.041% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0510% | 1h | 0.2196 | +0.132% | $988K | $2.8M | 20x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
Binance ARBUSDT
Extended ARB-USD
Bitget ARBUSDT
BingX ARB-USDC
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
RISEx ARB/USDC
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP