ARB

Alert

Funding spread now, next payment 17:00 UTC+0.0276%/8h

next payment, per $10,000+$0.34paid, last 24h+0.023%paid, last 7 days+0.102%to open and close $10k−$78

Long on Hyperliquid Short on Coinbase International

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.102% in total (about 5.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.34 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid ARB	0.2257	0.0156	pay 0.0020% / 1h	36m 36s	$42.0M	$48.8M	10x
Short	Coinbase International ARB-PERP-INTX	0.2267	0.0432	get 0.0054% / 1h	36m 36s	$530K	$2.5M	50x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee Coinbase InternationalbpOrdersRate

Funding earned: $57.95
Slippage, 4 orders: −$58.82
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$19.87
Break-even: 9.4 days

Slippage from Hyperliquid: live order book, 8 min ago; Coinbase International: live order book, 4 min ago.

Price risk

price view

Price gap now: +0.452%
Avg gap 7d: +0.073%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Hyperliquid live order book, 8 min ago	0.88 bp	10.0 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 4 min ago	10.83 bp	27.8 bp −$28	50.2 bp −$502	doesn't fit	doesn't fit

ARB on 35 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective ARB/USDC PERP	−0.1630%	1h	$58K	$138K	12x	as long as short
Kraken Futures PF_ARBUSD	−0.0243%	1h	$1.1M	$4.9M	50x	as long as short
01 Exchange ARBUSD	−0.0208%	1h	$7K	$2K	10x	as long as short
Polymarket Perps ARB-USD	−0.0203%	1h	$71K	$2.4M	10x	as long as short
Bybit ARBUSDT	−0.0099%	8h	$56.6M	$130.7M	50x	as long as short
OKX ARB-USDT-SWAP	−0.0006%	8h	$23.5M	$167.8M	50x	as long as short
MEXC ARB_USDT	−0.0006%	8h	$39.9M	$62.6M	200x	as long as short
dYdX ARB-USD	0.0000%	1h	$68K	$3K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	$39K	$16K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	$59K	—	150x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
SoDEX ARB-USD	+0.0006%	1h	$5K	$2.8M	5x	as long as short
Orderly PERP_ARB_USDC	+0.0010%	8h	$11K	$377K	10x	as long as short
Variational Omni ARB	+0.0074%	8h	$1.8M	$3.3M	—	as long as short
Lighter ARB	+0.0096%	1h	$1.4M	$7.5M	15x	as long as short
Gate ARB_USDT	+0.0097%	8h	$5.5M	$21.1M	60x	as long as short
Aster ARBUSDT	+0.0100%	8h	$713K	$1.9M	20x	as long as short
Pacifica ARB	+0.0100%	1h	$48K	$209K	10x	as long as short
Binance ARBUSDT	+0.0100%	8h	$63.7M	$318.0M	75x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	$20.7M	$17.9M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	$21.0M	$39.1M	50x	as long as short
BingX ARB-USDC	+0.0100%	8h	—	$6.5M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	$36K	$469K	20x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	$127K	$260K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	$275K	$1.1M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	$5.5M	$14.3M	50x	as long as short
Extended ARB-USD	+0.0104%	1h	$364K	$2.4M	25x	as long as short
Aevo ARB-PERP	+0.0104%	1h	$151K	$9K	3x	as long as short
Hyperliquid ARBlong	+0.0156%	1h	$42.0M	$48.8M	10x
BloFin ARB-USDT	+0.0220%	8h	$3.1M	$3.1M	75x	as long as short
Reya ARBRUSDPERP	+0.0292%	1h	$2K	$695	20x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0296% / S −0.0263%	1h	$719K	—	150x	as long as short
Coinbase International ARB-PERP-INTXshort	+0.0432%	1h	$530K	$2.5M	50x
Backpack ARB_USDC_PERP	+0.0448%	1h	$928K	$2.9M	20x	as long as short
RISEx ARB/USDC	+0.0519%	1h	$407K	$3.0M	10x	as long as short