Funding you earn now, next payment 08:00 UTC−0.0154%/8h= −16.9% APRnext payment −$1.54 per $10,000 · paid last 24h −0.048%
Price spread now: Orderly against HTX+0.115%7-day average +0.010% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.294%−$29 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.115%, 7d avg +0.010%
=The price spread pays, funding is against you. Orderly is 0.105% dearer against HTX than usual: you sell high and buy low (spread +0.115% now, against its 7-day average of +0.010%): +$10 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ARB-USDT | 0.2177 | 0.0100 | pay 0.0100% / 8h | 2h 31m | $290K | $894K | 50x |
| Short | Orderly PERP_ARB_USDC | 0.2179 | −0.0054 | pay 0.0054% / 8h | 2h 31m | $13K | $408K | 10x |
HTX ARB-USDT
Orderly PERP_ARB_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$32.37
- Price spread: +0.115% → +0.010%
- $10.47
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$39.9
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 37 min ago; Orderly: 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 HTX live order book, 37 min ago | 13.35 bp | 41.3 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.1581% | 1h | 0.2166 | −0.482% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0176% | 1h | 0.2176 | −0.037% | $7K | $236 | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0119% | 1h | 0.2174 | −0.124% | $77K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0097% | 8h | 0.2186 | +0.428% | $1.8M | $3.0M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0077% | 8h | 0.2175 | −0.078% | $21.5M | $142.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0077% | 8h | 0.2175 | −0.046% | $41.5M | $61.2M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0075% | 1h | 0.2178 | +0.087% | $1.0M | $4.4M | 50x | as long as short |
| Bybit ARBUSDT | −0.0070% | 8h | 0.2174 | −0.133% | $54.3M | $124.2M | 50x | as long as short |
| Orderly PERP_ARB_USDCshort | −0.0054% | 8h | 0.2179 | +0.115% | $13K | $408K | 10x | |
| dYdX ARB-USD | 0.0000% | 1h | 0.2176 | −0.002% | $64K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2177 | +0.037% | $23K | $33K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2179 | +0.136% | $44K | — | 150x | as long as short |
| Bitget ARBUSDT | +0.0052% | 8h | 0.2174 | −0.115% | $20.8M | $34.3M | 50x | as long as short |
| Gate ARB_USDT | +0.0063% | 8h | 0.2176 | −0.028% | $5.4M | $18.2M | 60x | as long as short |
| BingX ARB-USDT | +0.0078% | 8h | 0.2176 | −0.037% | — | $53.8M | — | as long as short |
| Extended ARB-USD | +0.0080% | 1h | 0.2174 | −0.097% | $348K | $2.8M | 25x | as long as short |
| Binance ARBUSDT | +0.0080% | 8h | 0.2175 | −0.056% | $62.3M | $300.4M | 75x | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2176 | −0.011% | $438K | $2.6M | 10x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2175 | −0.074% | $1.2M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2176 | −0.041% | $36.5M | $48.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2177 | +0.040% | $627K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2175 | −0.057% | $42K | $160K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2176 | −0.009% | $19.4M | $14.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2176 | −0.036% | $38K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2176 | −0.029% | $465K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2175 | −0.069% | $117K | $282K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2181 | +0.207% | $1K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2177 | +0.018% | $9K | $2.2M | 5x | as long as short |
| HTX ARB-USDTlong | +0.0100% | 8h | 0.2177 | long leg | $290K | $894K | 50x | |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2177 | +0.023% | $4.9M | $12.7M | 50x | as long as short |
| Aevo ARB-PERP | +0.0104% | 1h | 0.2180 | +0.178% | $138K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0200% | 8h | 0.2177 | +0.041% | $3.0M | $2.4M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0159% | 1h | 0.2179 | +0.115% | $825K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2196 | +0.891% | $506K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2174 | −0.130% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0686% | 1h | 0.2181 | +0.225% | $978K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
Gate ARB_USDT
BingX ARB-USDT
Extended ARB-USD
Binance ARBUSDT
RISEx ARB/USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
Phemex ARBUSDT
Aevo ARB-PERP
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP