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
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ARB/USD [ARB-USDC] | 0.2207 | L +0.0276% / S −0.0158% | pay 0.0034% / 1h | 21m 48s | $833K | — | 150x |
| Short | 01 Exchange ARBUSD | 0.2206 | −0.0128 | pay 0.0016% / 1h | 21m 48s | $7K | $236 | 10x |
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 itlatest
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| Leg | Half-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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1592% | 1h | 0.2197 | −0.459% | $40K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0192% | 1h | 0.2207 | −0.029% | $67K | $2.1M | 10x | as long as short |
| 01 Exchange ARBUSDshort | −0.0128% | 1h | 0.2206 | −0.065% | $7K | $236 | 10x | |
| Deribit ARB_USDC-PERPETUAL | −0.0112% | 1h | 0.2206 | −0.034% | $28K | $38K | 25x | as long as short |
| SoDEX ARB-USD | −0.0104% | 1h | 0.2205 | −0.101% | $9K | $2.2M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0085% | 8h | 0.2207 | −0.015% | $22.1M | $146.1M | 50x | as long as short |
| MEXC ARB_USDT | −0.0084% | 8h | 0.2207 | +0.003% | $41.9M | $62.1M | 200x | as long as short |
| Variational Omni ARB | −0.0048% | 8h | 0.2208 | +0.042% | $1.8M | $3.0M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0040% | 8h | 0.2207 | −0.006% | $13K | $408K | 10x | as long as short |
| Bybit ARBUSDT | −0.0011% | 8h | 0.2208 | +0.016% | $54.2M | $126.6M | 50x | 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 | 0.2210 | +0.113% | $65K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2210 | +0.143% | $44K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0034% | 8h | 0.2208 | +0.016% | $5.4M | $18.4M | 60x | as long as short |
| RISEx ARB/USDC | +0.0056% | 1h | 0.2208 | +0.034% | $474K | $2.6M | 10x | as long as short |
| Extended ARB-USD | +0.0064% | 1h | 0.2206 | −0.064% | $354K | $2.8M | 25x | as long as short |
| Bitget ARBUSDT | +0.0064% | 8h | 0.2207 | −0.006% | $21.3M | $34.8M | 50x | as long as short |
| Binance ARBUSDT | +0.0064% | 8h | 0.2208 | +0.030% | $63.1M | $302.2M | 75x | as long as short |
| BingX ARB-USDC | +0.0076% | 8h | 0.2209 | +0.089% | — | $6.5M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2208 | +0.062% | $1.2M | $5.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2207 | −0.016% | $140K | $7K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2209 | +0.098% | $37.4M | $49.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2210 | +0.127% | $635K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2208 | +0.043% | $43K | $149K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2207 | −0.011% | $19.6M | $14.3M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2199 | −0.348% | $39K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2201 | −0.268% | $478K | $3.7M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2199 | −0.369% | $119K | $281K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2208 | +0.039% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2206 | −0.052% | $295K | $865K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2206 | −0.052% | $4.9M | $12.9M | 50x | as long as short |
| BloFin ARB-USDT | +0.0190% | 8h | 0.2208 | +0.043% | $3.0M | $2.3M | 75x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0231% | 1h | 0.2207 | +0.010% | $1.1M | $4.4M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC]long | L +0.0276% / S −0.0158% | 1h | 0.2207 | long leg | $833K | — | 150x | |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2214 | +0.311% | $527K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2206 | −0.045% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0620% | 1h | 0.2209 | +0.075% | $992K | $2.8M | 20x | as long as short |
GMX ARB/USD [ARB-USDC]
01 Exchange ARBUSD
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
Deribit ARB_USDC-PERPETUAL
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Bybit ARBUSDT
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
RISEx ARB/USDC
Extended ARB-USD
Bitget ARBUSDT
Binance ARBUSDT
BingX ARB-USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
Kraken Futures PF_ARBUSD
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP