ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0297%/8h= +32.5% APRnext payment +$2.97 per $10,000 · paid last 24h +0.020%

Price spread now: SunX against Gate+0.347%7-day average +0.103% · you sell dearer than you buy

Net, funding: paid 7d − costs−$181as in the Funding arb table

Net, price: spread back to 7d avg − costs−$172as in the Price arb table

costs, in and out, $10k−$1971.965% of the position

Long on Gate Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.153%+$15 on $10k

Price spread, last 4 days (all we have)+2.149%+$215 · spread now +0.347%, 7d avg +0.103%

Together, before fees+2.302%+$230 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and SunX is 0.245% dearer against Gate than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of +0.103%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.153% in total (about 8.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.97 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ARB_USDT	0.2187	−0.0197	get 0.0197% / 8h	7h 33m	$5.4M	$18.1M	60x
Short	SunX ARB-USDT	0.2195	0.0100	get 0.0100% / 8h	7h 33m	$2K	$1.1M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.347%Rate

Funding earned: $62.37
Price spread: +0.347% → +0.103%: $24.49
Slippage, 4 orders: −$173.55
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$109.69
Costs to cover: 1.965%
Break-even: 19.3 days

Slippage from Gate: live order book, 5 min ago; SunX: live order book, 9 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	2.05 bp	18.5 bp −$18	30.2 bp −$302	92.8 bp −$9,283	doesn't fit
Sell SunX live order book, 9 min ago	31.83 bp	96.1 bp −$96	doesn't fit	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	0.2183	−0.201%	$39K	$372K	12x	as long as short
SoDEX ARB-USD	−0.0227%	1h	0.2195	+0.325%	$9K	$2.3M	5x	as long as short
Gate ARB_USDTlong	−0.0197%	8h	0.2187	long leg	$5.4M	$18.1M	60x
Kraken Futures PF_ARBUSD	−0.0168%	1h	0.2196	+0.391%	$1.1M	$4.2M	50x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0160%	1h	0.2197	+0.434%	$28K	$38K	25x	as long as short
OKX ARB-USDT-SWAP	−0.0088%	8h	0.2185	−0.087%	$22.2M	$145.0M	50x	as long as short
MEXC ARB_USDT	−0.0088%	8h	0.2187	−0.027%	$43.0M	$62.9M	200x	as long as short
01 Exchange ARBUSD	−0.0056%	1h	0.2186	−0.055%	$7K	$223	10x	as long as short
Bybit ARBUSDT	−0.0049%	8h	0.2187	−0.014%	$53.2M	$125.7M	50x	as long as short
Orderly PERP_ARB_USDC	−0.0038%	8h	0.2198	+0.485%	$16K	$414K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ARB-USD	0.0000%	1h	0.2189	+0.074%	$64K	$4K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2196	+0.373%	$73K	—	150x	as long as short
Extended ARB-USD	+0.0016%	1h	0.2186	−0.080%	$361K	$3.1M	25x	as long as short
Binance ARBUSDT	+0.0018%	8h	0.2187	0.000%	$63.2M	$298.8M	75x	as long as short
Variational Omni ARB	+0.0028%	8h	0.2193	+0.251%	$1.8M	$3.0M	—	as long as short
BloFin ARB-USDT	+0.0067%	8h	0.2195	+0.334%	$3.0M	$2.3M	75x	as long as short
Bitget ARBUSDT	+0.0068%	8h	0.2186	−0.064%	$20.9M	$34.6M	50x	as long as short
BingX ARB-USDT	+0.0072%	8h	0.2187	−0.027%	—	$32.8M	—	as long as short
Aevo ARB-PERP	+0.0088%	1h	0.2198	+0.472%	$139K	$7K	3x	as long as short
Phemex ARBUSDT	+0.0089%	8h	0.2195	+0.347%	$4.8M	$12.8M	50x	as long as short
Lighter ARB	+0.0096%	1h	0.2189	+0.069%	$1.3M	$5.5M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2190	+0.110%	$37.0M	$50.2M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2189	+0.074%	$627K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2189	+0.069%	$43K	$145K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2188	+0.041%	$19.4M	$13.8M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2193	+0.259%	$40K	$465K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2195	+0.332%	$474K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2196	+0.393%	$119K	$267K	50x	as long as short
Polymarket Perps ARB-USD	+0.0100%	1h	0.2195	+0.329%	$74K	$2.1M	10x	as long as short
SunX ARB-USDTshort	+0.0100%	8h	0.2195	+0.347%	$2K	$1.1M	30x
HTX ARB-USDT	+0.0100%	8h	0.2200	+0.576%	$295K	$835K	50x	as long as short
RISEx ARB/USDC	+0.0123%	1h	0.2187	−0.018%	$529K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0185%	1h	0.2197	+0.443%	$981K	$2.8M	20x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2196	+0.391%	$828K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0288%	1h	0.2192	+0.221%	$2K	$695	20x	as long as short
Coinbase International ARB-PERP-INTX	+0.0336%	1h	0.2197	+0.457%	$527K	$1.5M	50x	as long as short