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

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0404%/8h= −44.2% APRnext payment $0.50 per $10,000 · paid last 24h −0.100%
Price spread now: 01 Exchange against GMX−0.065%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and 01 Exchange is 0.065% cheaper against GMX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ARB/USD [ARB-USDC]0.2207L +0.0276% / S −0.0158%pay 0.0034% / 1h21m 48s$833K150x
Short01 Exchange ARBUSD0.2206−0.0128pay 0.0016% / 1h21m 48s$7K$23610x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against GMX. 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
−$84.79
Price spread: −0.065% → 0.000%
−$6.52
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$110.31
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; 01 Exchange: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell 01 Exchange no order-book sample
GMX and 01 Exchange: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1592%1h0.2197−0.459%$40K$372K12xas long as short
Polymarket Perps ARB-USD−0.0192%1h0.2207−0.029%$67K$2.1M10xas long as short
01 Exchange ARBUSDshort−0.0128%1h0.2206−0.065%$7K$23610x
Deribit ARB_USDC-PERPETUAL−0.0112%1h0.2206−0.034%$28K$38K25xas long as short
SoDEX ARB-USD−0.0104%1h0.2205−0.101%$9K$2.2M5xas long as short
OKX ARB-USDT-SWAP−0.0085%8h0.2207−0.015%$22.1M$146.1M50xas long as short
MEXC ARB_USDT−0.0084%8h0.2207+0.003%$41.9M$62.1M200xas long as short
Variational Omni ARB−0.0048%8h0.2208+0.042%$1.8M$3.0Mas long as short
Orderly PERP_ARB_USDC−0.0040%8h0.2207−0.006%$13K$408K10xas long as short
Bybit ARBUSDT−0.0011%8h0.2208+0.016%$54.2M$126.6M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ARB-USD0.0000%1h0.2210+0.113%$65K$5K10xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0009%1h0.2210+0.143%$44K150xas long as short
Gate ARB_USDT+0.0034%8h0.2208+0.016%$5.4M$18.4M60xas long as short
RISEx ARB/USDC+0.0056%1h0.2208+0.034%$474K$2.6M10xas long as short
Extended ARB-USD+0.0064%1h0.2206−0.064%$354K$2.8M25xas long as short
Bitget ARBUSDT+0.0064%8h0.2207−0.006%$21.3M$34.8M50xas long as short
Binance ARBUSDT+0.0064%8h0.2208+0.030%$63.1M$302.2M75xas long as short
BingX ARB-USDC+0.0076%8h0.2209+0.089%$6.5Mas long as short
Lighter ARB+0.0096%1h0.2208+0.062%$1.2M$5.5M15xas long as short
Aevo ARB-PERP+0.0096%1h0.2207−0.016%$140K$7K3xas long as short
Hyperliquid ARB+0.0100%1h0.2209+0.098%$37.4M$49.2M10xas long as short
Aster ARBUSDT+0.0100%8h0.2210+0.127%$635K$1.7M20xas long as short
Pacifica ARB+0.0100%1h0.2208+0.043%$43K$149K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2207−0.011%$19.6M$14.3M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2199−0.348%$39K$462K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2201−0.268%$478K$3.7M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2199−0.369%$119K$281K50xas long as short
SunX ARB-USDT+0.0100%8h0.2208+0.039%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2206−0.052%$295K$865K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2206−0.052%$4.9M$12.9M50xas long as short
BloFin ARB-USDT+0.0190%8h0.2208+0.043%$3.0M$2.3M75xas long as short
Kraken Futures PF_ARBUSD+0.0231%1h0.2207+0.010%$1.1M$4.4M50xas long as short
GMX ARB/USD [ARB-USDC]longL +0.0276% / S −0.0158%1h0.2207long leg$833K150x
Coinbase International ARB-PERP-INTX+0.0288%1h0.2214+0.311%$527K$1.6M50xas long as short
Reya ARBRUSDPERP+0.0289%1h0.2206−0.045%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0620%1h0.2209+0.075%$992K$2.8M20xas long as short