Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0108%/8h= −11.8% APRpaid last 24h −0.020%

Price spread now: Extended against HTX−0.014%7-day average −0.103% · you buy dearer than you sell

Net, funding: paid 7d − costs−$88as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$750.746% of the position

Long on HTX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.137%−$14 on $10k

Price spread, last 3 days (all we have)−0.561%−$56 · spread now −0.014%, 7d avg −0.103%

Together, before fees−0.699%+ Points / potential airdropExtended: Active · farm board−$70 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.090% dearer against HTX than usual: you sell high and buy low (spread −0.014% now, against its 7-day average of −0.103%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX ARB-USDT	0.2243	0.0100	pay 0.0100% / 8h	7h 34m	$292K	$975K	50x
Short	Extended ARB-USD	0.2243	−0.0008	pay 0.0001% / 1h	34m 56s	$359K	$3.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against HTX. 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 HTXbpFee ExtendedbpOrdersPrice spread, now −0.014%Rate

Funding earned: −$22.68
Price spread: −0.014% → −0.103%: $8.95
Slippage, 4 orders: −$57.6
Fee HTX: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$88.33
Costs to cover: 0.746%
Break-even: never at this rate

Slippage from HTX: live order book, 4 min ago; Extended: live order book, 4 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, 4 min ago	8.22 bp	36.8 bp −$37	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 4 min ago	8.91 bp	11.4 bp −$11	70.0 bp −$700	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	−0.1666%	1h	0.2233	−0.446%	$40K	$372K	12x	as long as short
Variational Omni ARB	−0.0212%	8h	0.2242	−0.049%	$1.9M	$2.8M	—	as long as short
Bybit ARBUSDT	−0.0200%	8h	0.2244	+0.027%	$57.9M	$126.5M	50x	as long as short
01 Exchange ARBUSD	−0.0144%	1h	0.2241	−0.076%	$7K	$2K	10x	as long as short
Kraken Futures PF_ARBUSD	−0.0139%	1h	0.2245	+0.111%	$1.1M	$4.9M	50x	as long as short
OKX ARB-USDT-SWAP	−0.0119%	8h	0.2243	0.000%	$22.6M	$156.2M	50x	as long as short
MEXC ARB_USDT	−0.0118%	8h	0.2243	−0.004%	$38.3M	$59.0M	200x	as long as short
SoDEX ARB-USD	−0.0074%	1h	0.2243	−0.009%	$4K	$2.5M	5x	as long as short
Orderly PERP_ARB_USDC	−0.0045%	8h	0.2244	+0.045%	$12K	$386K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0017%	1h	0.2244	+0.027%	$25K	$34K	25x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ARBUSDT	−0.0009%	8h	0.2244	+0.049%	$66.1M	$310.5M	75x	as long as short
Extended ARB-USDshort	−0.0008%	1h	0.2243	−0.014%	$359K	$3.4M	25x
dYdX ARB-USD	0.0000%	1h	0.2242	−0.037%	$66K	$4K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2245	+0.074%	$55K	—	150x	as long as short
Phemex ARBUSDT	+0.0054%	8h	0.2241	−0.089%	$5.1M	$13.0M	50x	as long as short
BingX ARB-USDC	+0.0061%	8h	0.2242	−0.049%	—	$6.5M	—	as long as short
Bitget ARBUSDT	+0.0066%	8h	0.2244	+0.045%	$21.3M	$35.8M	50x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2244	+0.057%	$142K	$7K	3x	as long as short
Gate ARB_USDT	+0.0093%	8h	0.2244	+0.053%	$5.4M	$19.8M	60x	as long as short
Lighter ARB	+0.0096%	1h	0.2245	+0.103%	$1.4M	$7.3M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2247	+0.160%	$40.5M	$47.3M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2245	+0.075%	$698K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2243	−0.009%	$44K	$186K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2245	+0.089%	$19.5M	$15.9M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2249	+0.262%	$40K	$461K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2250	+0.312%	$482K	$3.5M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2248	+0.223%	$121K	$296K	50x	as long as short
Polymarket Perps ARB-USD	+0.0100%	1h	0.2241	−0.080%	$65K	$2.0M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2243	0.000%	$1K	$1.1M	30x	as long as short
HTX ARB-USDTlong	+0.0100%	8h	0.2243	long leg	$292K	$975K	50x
BloFin ARB-USDT	+0.0111%	8h	0.2241	−0.071%	$3.1M	$2.8M	75x	as long as short
Coinbase International ARB-PERP-INTX	+0.0232%	1h	0.2244	+0.027%	$505K	$2.2M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0288% / S −0.0177%	1h	0.2245	+0.085%	$894K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2240	−0.126%	$2K	$695	20x	as long as short
RISEx ARB/USDC	+0.0384%	1h	0.2243	+0.021%	$513K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0462%	1h	0.2247	+0.178%	$1.0M	$2.8M	20x	as long as short