Settings8H · net · $10k
Funding arb · Price arb /

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0090%/8h= +9.9% APRpaid last 24h −0.035%
Price spread now: SoDEX against Gate+0.113%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$470.465% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.046%−$5 on $10k
Price spread, last 4 days (all we have)+1.161%+$116 · spread now +0.113%, 7d avg +0.011%
Together, before fees+1.115%+$112 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 SoDEX is 0.102% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ARB_USDT0.2208−0.0059get 0.0059% / 8h4h 16m$5.3M$18.8M60x
ShortSoDEX ARB-USD0.22100.0031get 0.0004% / 1h16m 32s$10K$2.3M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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

Funding earned
$18.92
Price spread: +0.113% → +0.011%
$10.18
Slippage, 4 orders
−$23.54
Fee Gate: 7.5 bp × 2 orders
−$15
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$17.43
Costs to cover
0.465%
Break-even
13.4 days
Slippage from Gate: live order book, 2 min ago; SoDEX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 2 min ago1.36 bp17.3 bp −$1726.0 bp −$26099.2 bp −$9,915doesn't fit
Sell SoDEX live order book, 2 min ago0.23 bp5.4 bp −$518.3 bp −$183doesn't fitdoesn't fit

ARB on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1649%1h0.2199−0.394%$40K$372K12xas long as short
01 Exchange ARBUSD−0.0168%1h0.2208−0.009%$7K$2K10xas long as short
Polymarket Perps ARB-USD−0.0138%1h0.2207−0.032%$87K$2.2M10xas long as short
MEXC ARB_USDT−0.0126%8h0.2207−0.036%$41.9M$60.8M200xas long as short
OKX ARB-USDT-SWAP−0.0125%8h0.2208−0.005%$22.2M$148.9M50xas long as short
Variational Omni ARB−0.0098%8h0.2211+0.138%$1.8M$2.9Mas long as short
Orderly PERP_ARB_USDC−0.0073%8h0.2211+0.149%$12K$397K10xas long as short
Gate ARB_USDTlong−0.0059%8h0.2208long leg$5.3M$18.8M60x
Bybit ARBUSDT−0.0030%8h0.2207−0.032%$55.8M$127.1M50xas long as short
Kraken Futures PF_ARBUSD−0.0006%1h0.2211+0.160%$1.1M$4.4M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ARB-USD0.0000%1h0.2210+0.122%$65K$5K10xas long as short
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2212+0.186%$24K$34K25xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0006%1h0.2208+0.033%$32K150xas long as short
Extended ARB-USD+0.0024%1h0.2206−0.070%$354K$2.5M25xas long as short
Binance ARBUSDT+0.0026%8h0.2208+0.018%$64.2M$307.6M75xas long as short
SoDEX ARB-USDshort+0.0031%1h0.2210+0.113%$10K$2.3M5x
Bitget ARBUSDT+0.0068%8h0.2207−0.032%$21.0M$34.8M50xas long as short
BingX ARB-USDC+0.0068%8h0.2207−0.032%$6.5Mas long as short
Aevo ARB-PERP+0.0088%1h0.2212+0.178%$140K$7K3xas long as short
Lighter ARB+0.0096%1h0.2208+0.023%$1.2M$5.8M15xas long as short
Hyperliquid ARB+0.0100%1h0.2209+0.072%$37.9M$48.9M10xas long as short
Aster ARBUSDT+0.0100%8h0.2209+0.046%$636K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2210+0.082%$43K$169K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2208+0.027%$19.6M$15.0M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2211+0.154%$40K$463K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2212+0.198%$478K$3.6M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2211+0.149%$119K$284K50xas long as short
SunX ARB-USDT+0.0100%8h0.2213+0.240%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2212+0.204%$300K$950K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2211+0.149%$5.0M$13.0M50xas long as short
BloFin ARB-USDT+0.0103%8h0.2210+0.091%$3.1M$2.6M75xas long as short
Coinbase International ARB-PERP-INTX+0.0224%1h0.2216+0.376%$492K$2.0M50xas long as short
RISEx ARB/USDC+0.0225%1h0.2208+0.032%$470K$2.6M10xas long as short
GMX ARB/USD [ARB-USDC]L +0.0276% / S −0.0158%1h0.2211+0.154%$834K150xas long as short
Reya ARBRUSDPERP+0.0289%1h0.2207−0.051%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0634%1h0.2214+0.276%$997K$2.8M20xas long as short