Funding you earn now, next payment 00:00 UTC−0.0117%/8h= −12.9% APRnext payment −$1.17 per $10,000 · paid last 24h −0.013%
Price spread now: Binance against HTX+0.137%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$700.697% of the position
Funding, last 7 days−0.135%−$13 on $10k
+Price spread, last 3 days (all we have)−1.395%−$140 · spread now +0.137%, 7d avg +0.005%
=The price spread pays, funding is against you. Binance is 0.132% dearer against HTX than usual: you sell high and buy low (spread +0.137% now, against its 7-day average of +0.005%): +$13 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ARB-USDT | 0.2225 | 0.0100 | pay 0.0100% / 8h | 2h 10m | $274K | $1.2M | 50x |
| Short | Binance ARBUSDT | 0.2228 | −0.0017 | pay 0.0017% / 8h | 2h 10m | $63.4M | $324.5M | 75x |
HTX ARB-USDT
Binance ARBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against HTX. 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
- −$24.66
- Price spread: +0.137% → +0.005%
- $13.19
- Slippage, 4 orders
- −$47.66
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$81.12
- Costs to cover
- 0.697%
- Break-even
- never at this rate
Slippage from HTX: live order book, 3 min ago; Binance: live order book, 3 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 HTX live order book, 3 min ago | 9.20 bp | 35.8 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.22 bp | 8.0 bp −$8 | 19.6 bp −$196 | 69.5 bp −$6,949 | 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 | −0.1675% | 1h | 0.2214 | −0.490% | $40K | $197K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0272% | 1h | 0.2225 | 0.000% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0162% | 8h | 0.2234 | +0.389% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0145% | 8h | 0.2228 | +0.130% | $56.0M | $135.8M | 50x | as long as short |
| SoDEX ARB-USD | −0.0110% | 1h | 0.2228 | +0.126% | $4K | $2.9M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0104% | 8h | 0.2227 | +0.085% | $22.2M | $163.9M | 50x | as long as short |
| MEXC ARB_USDT | −0.0104% | 8h | 0.2227 | +0.085% | $36.9M | $63.8M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2229 | +0.203% | $1.1M | $5.3M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0052% | 1h | 0.2227 | +0.099% | $77K | $2.2M | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0021% | 8h | 0.2228 | +0.139% | $11K | $388K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Kraken Futures PF_ARBUSD
Polymarket Perps ARB-USD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | −0.0019% | 1h | 0.2229 | +0.193% | $38K | $20K | 25x | as long as short |
| Binance ARBUSDTshort | −0.0017% | 8h | 0.2228 | +0.137% | $63.4M | $324.5M | 75x | |
| Extended ARB-USD | −0.0016% | 1h | 0.2227 | +0.105% | $355K | $2.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2229 | +0.177% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2229 | +0.169% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0008% | 8h | 0.2228 | +0.139% | $5.5M | $21.6M | 60x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2229 | +0.196% | $146K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0088% | 8h | 0.2227 | +0.094% | $20.9M | $38.2M | 50x | as long as short |
| BingX ARB-USDT | +0.0089% | 8h | 0.2228 | +0.117% | — | $54.0M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2228 | +0.162% | $1.3M | $7.8M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2230 | +0.225% | $39.8M | $53.0M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2229 | +0.162% | $691K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2228 | +0.158% | $47K | $199K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2228 | +0.157% | $20.4M | $16.9M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2230 | +0.226% | $39K | $458K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2227 | +0.107% | $480K | $4.1M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2231 | +0.274% | $121K | $297K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2228 | +0.139% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDTlong | +0.0100% | 8h | 0.2225 | long leg | $274K | $1.2M | 50x | |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2228 | +0.139% | $5.2M | $13.7M | 50x | as long as short |
| BloFin ARB-USDT | +0.0102% | 8h | 0.2227 | +0.090% | $3.0M | $3.3M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0154% / S −0.0018% | 1h | 0.2229 | +0.175% | $845K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2249 | +1.083% | $504K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2226 | +0.071% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2228 | +0.128% | $494K | $2.8M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0552% | 1h | 0.2232 | +0.301% | $1.1M | $2.7M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
Extended ARB-USD
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Aevo ARB-PERP
Bitget ARBUSDT
BingX ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP