Funding you earn now, next payment 01:00 UTC−0.0188%/8h= −20.6% APRnext payment −$0.24 per $10,000 · paid last 24h −0.041%
Price spread now: Pacifica against GMX−0.094%7-day average −0.029% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.158%−$16 on $10k
+Price spread, last 3 days (all we have)−0.301%−$30 · spread now −0.094%, 7d avg −0.029%
=Together, before fees−0.460%+ Points / potential airdropPacifica: Active · farm board−$46 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Pacifica is 0.065% cheaper against GMX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.029%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ARB/USD [ARB-USDC] | 0.2245 | L +0.0288% / S −0.0177% | pay 0.0036% / 1h | 34m 47s | $894K | — | 150x |
| Short | Pacifica ARB | 0.2243 | 0.0100 | get 0.0013% / 1h | 34m 47s | $44K | $186K | 10x |
GMX ARB/USD [ARB-USDC]
Pacifica ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against GMX. 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
- −$39.51
- Price spread: −0.094% → −0.029%
- −$6.49
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$66
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Pacifica: live order book, 38 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 GMX no order-book sample | — | — | — | — | — |
| Sell Pacifica live order book, 38 min ago | 7.05 bp | 13.7 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
GMX: 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 | −0.1666% | 1h | 0.2233 | −0.531% | $40K | $372K | 12x | as long as short |
| Variational Omni ARB | −0.0212% | 8h | 0.2242 | −0.134% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0200% | 8h | 0.2244 | −0.058% | $57.9M | $126.5M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0144% | 1h | 0.2241 | −0.161% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0139% | 1h | 0.2245 | +0.026% | $1.1M | $4.9M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0119% | 8h | 0.2244 | −0.036% | $22.6M | $156.3M | 50x | as long as short |
| MEXC ARB_USDT | −0.0118% | 8h | 0.2244 | −0.058% | $38.4M | $59.0M | 200x | as long as short |
| SoDEX ARB-USD | −0.0074% | 1h | 0.2243 | −0.094% | $4K | $2.5M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0045% | 8h | 0.2244 | −0.041% | $12K | $386K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0017% | 1h | 0.2244 | −0.058% | $25K | $34K | 25x | as long as short |
Injective ARB/USDC PERP
Variational Omni ARB
Bybit ARBUSDT
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Orderly PERP_ARB_USDC
Deribit ARB_USDC-PERPETUALShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | −0.0009% | 8h | 0.2244 | −0.045% | $66.1M | $310.5M | 75x | as long as short |
| Extended ARB-USD | −0.0008% | 1h | 0.2243 | −0.099% | $359K | $3.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2242 | −0.122% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2245 | −0.011% | $55K | — | 150x | as long as short |
| Phemex ARBUSDT | +0.0054% | 8h | 0.2241 | −0.174% | $5.1M | $13.0M | 50x | as long as short |
| BingX ARB-USDC | +0.0061% | 8h | 0.2242 | −0.134% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0066% | 8h | 0.2245 | +0.004% | $21.4M | $35.8M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2244 | −0.029% | $142K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2245 | +0.017% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2247 | +0.106% | $40.5M | $47.3M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2245 | +0.003% | $698K | $1.6M | 20x | as long as short |
| Pacifica ARBshort | +0.0100% | 1h | 0.2243 | −0.094% | $44K | $186K | 10x | |
| Gate ARB_USDT | +0.0100% | 8h | 0.2245 | +0.013% | $5.4M | $19.8M | 60x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2245 | +0.017% | $19.6M | $15.9M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2249 | +0.177% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2250 | +0.227% | $482K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2248 | +0.138% | $121K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2241 | −0.165% | $65K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2243 | −0.085% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2243 | −0.085% | $292K | $975K | 50x | as long as short |
| BloFin ARB-USDT | +0.0111% | 8h | 0.2241 | −0.156% | $3.1M | $2.8M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2244 | −0.058% | $505K | $2.2M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC]long | L +0.0288% / S −0.0177% | 1h | 0.2245 | long leg | $894K | — | 150x | |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2240 | −0.211% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2243 | −0.064% | $513K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0462% | 1h | 0.2247 | +0.093% | $1.0M | $2.8M | 20x | as long as short |
Binance ARBUSDT
Extended ARB-USD
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Phemex ARBUSDT
BingX ARB-USDC
Bitget ARBUSDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Gate ARB_USDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP