ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0105%/8h= +11.5% APRnext payment +$1.05 per $10,000 · paid last 24h +0.023%

Price spread now: BloFin against Gate+0.255%108s7-day average +0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as 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−$590.590% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.194%+$19 on $10k

Price spread, last 4 days (all we have)+0.143%+$14 · spread now +0.255%, 7d avg +0.013%

Together, before fees+0.338%+$34 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.242% dearer against Gate than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of +0.013%. The two prices were read 108 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	Gate ARB_USDT	0.2192	0.0017	pay 0.0017% / 8h	1h 03m	$5.4M	$18.5M	60x
Short	BloFin ARB-USDT	0.2198	0.0122	get 0.0122% / 8h	1h 03m	$3.0M	$2.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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 GatebpFee BloFinbpOrdersPrice spread, now +0.255%Rate

Funding earned: $21.98
Price spread: +0.255% → +0.013%: $24.23
Slippage, 4 orders: −$32.02
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$12.81
Costs to cover: 0.590%
Break-even: 11.1 days

Slippage from Gate: live order book, 5 min ago; BloFin: live order book, 5 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 Gate live order book, 5 min ago	0.91 bp	21.8 bp −$22	37.6 bp −$376	110.3 bp −$11.0K	doesn't fit
Sell BloFin live order book, 5 min ago	0.23 bp	9.5 bp −$9	15.9 bp −$159	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	−0.1592%	1h	0.2186	−0.287%	$39K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0176%	1h	0.2190	−0.082%	$7K	$236	10x	as long as short
Polymarket Perps ARB-USD	−0.0170%	1h	0.2192	−0.009%	$67K	$2.1M	10x	as long as short
SoDEX ARB-USD	−0.0105%	1h	0.2194	+0.091%	$9K	$2.2M	5x	as long as short
OKX ARB-USDT-SWAP	−0.0090%	8h	0.2190	−0.082%	$22.0M	$144.5M	50x	as long as short
MEXC ARB_USDT	−0.0090%	8h	0.2192	−0.036%	$42.2M	$62.5M	200x	as long as short
Variational Omni ARB	−0.0042%	8h	0.2196	+0.185%	$1.8M	$3.0M	—	as long as short
Orderly PERP_ARB_USDC	−0.0038%	8h	0.2191	−0.059%	$12K	$408K	10x	as long as short
Bybit ARBUSDT	−0.0008%	8h	0.2190	−0.096%	$53.8M	$126.3M	50x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2194	+0.089%	$65K	$5K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2195	+0.132%	$28K	$38K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0009%	1h	0.2196	+0.169%	$44K	—	150x	as long as short
Gate ARB_USDTlong	+0.0017%	8h	0.2192	long leg	$5.4M	$18.5M	60x
Binance ARBUSDT	+0.0020%	8h	0.2191	−0.077%	$62.7M	$301.6M	75x	as long as short
Extended ARB-USD	+0.0024%	1h	0.2191	−0.071%	$355K	$2.9M	25x	as long as short
RISEx ARB/USDC	+0.0056%	1h	0.2193	+0.018%	$486K	$2.6M	10x	as long as short
BingX ARB-USDT	+0.0070%	8h	0.2191	−0.078%	—	$33.2M	—	as long as short
Bitget ARBUSDT	+0.0073%	8h	0.2191	−0.059%	$21.2M	$34.7M	50x	as long as short
Aevo ARB-PERP	+0.0088%	1h	0.2192	0.000%	$139K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2193	+0.046%	$1.2M	$5.5M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2194	+0.073%	$37.1M	$49.2M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2193	+0.033%	$630K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2194	+0.099%	$43K	$148K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2193	+0.014%	$19.5M	$14.2M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2197	+0.234%	$39K	$464K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2198	+0.260%	$469K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2197	+0.214%	$119K	$279K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2197	+0.214%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2197	+0.233%	$293K	$857K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2195	+0.123%	$4.9M	$12.8M	50x	as long as short
BloFin ARB-USDTshort	+0.0122%	8h	0.2198	+0.255%	$3.0M	$2.3M	75x
Kraken Futures PF_ARBUSD	+0.0232%	1h	0.2196	+0.176%	$1.1M	$4.4M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2191	−0.038%	$828K	—	150x	as long as short
Coinbase International ARB-PERP-INTX	+0.0288%	1h	0.2204	+0.520%	$525K	$1.5M	50x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2191	−0.053%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0583%	1h	0.2198	+0.246%	$987K	$2.8M	20x	as long as short