Settings8H · net · $10k
Funding arb · Price arb /

ARB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.052%
Price spread now: edgeX against Hyperliquid+0.007%7-day average −0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$540.536% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.126%−$13 on $10k
Price spread, last 4 days (all we have)+0.254%+$25 · spread now +0.007%, 7d avg −0.077%
Together, before fees+0.128%+ Points / potential airdropHyperliquid: Season 2 · edgeX: Active · farm board+$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.084% dearer against Hyperliquid than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.077%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ARB0.21770.0100pay 0.0013% / 1h1m 33s$36.8M$48.8M10x
ShortedgeX ARBUSDC0.21780.0100get 0.0050% / 4h3h 01m$38K$464K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Hyperliquid. 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

Funding earned
$0
Price spread: +0.007% → −0.077%
$8.43
Slippage, 4 orders
−$35.58
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$45.14
Costs to cover
0.536%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 12 min ago; edgeX: live order book, 52 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 12 min ago0.23 bp7.1 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 52 min ago11.36 bp19.7 bp −$20102.1 bp −$1,021doesn't fitdoesn't fit

ARB on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1589%1h0.2172−0.253%$39K$372K12xas long as short
Polymarket Perps ARB-USD−0.0191%1h0.2177−0.023%$71K$2.1M10xas long as short
MEXC ARB_USDT−0.0097%8h0.2180+0.096%$41.0M$61.1M200xas long as short
OKX ARB-USDT-SWAP−0.0095%8h0.2181+0.170%$21.8M$142.1M50xas long as short
Variational Omni ARB−0.0090%8h0.2173−0.185%$1.7M$3.0Mas long as short
Orderly PERP_ARB_USDC−0.0063%8h0.2177−0.023%$12K$408K10xas long as short
Bybit ARBUSDT−0.0057%8h0.2180+0.101%$54.5M$123.6M50xas long as short
Kraken Futures PF_ARBUSD−0.0051%1h0.2178+0.024%$1.0M$4.4M50xas long as short
01 Exchange ARBUSD−0.0040%1h0.2180+0.096%$7K$1K10xas long as short
dYdX ARB-USD0.0000%1h0.2179+0.060%$64K$5K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2177−0.005%$24K$31K25xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0009%1h0.2178+0.001%$44K150xas long as short
Gate ARB_USDT+0.0008%8h0.2180+0.115%$5.3M$18.3M60xas long as short
Bitget ARBUSDT+0.0050%8h0.2179+0.069%$20.8M$34.1M50xas long as short
BingX ARB-USDC+0.0061%8h0.2179+0.069%$6.5Mas long as short
Extended ARB-USD+0.0064%1h0.2179+0.058%$348K$2.8M25xas long as short
Binance ARBUSDT+0.0067%8h0.2180+0.126%$62.8M$300.4M75xas long as short
Lighter ARB+0.0096%1h0.2177−0.023%$1.2M$5.5M15xas long as short
Aevo ARB-PERP+0.0096%1h0.21770.000%$138K$7K3xas long as short
Hyperliquid ARBlong+0.0100%1h0.2177long leg$36.8M$48.8M10x
Aster ARBUSDT+0.0100%8h0.2180+0.102%$628K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2178+0.037%$42K$160K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2180+0.133%$19.5M$14.5M75xas long as short
edgeX ARBUSDCshort+0.0100%4h0.2178+0.007%$38K$464K20x
GRVT ARB_USDT_Perp+0.0100%8h0.2176−0.069%$472K$3.5M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2178+0.023%$117K$283K50xas long as short
SunX ARB-USDT+0.0100%8h0.2179+0.069%$2K$1.1M30xas long as short
SoDEX ARB-USD+0.0100%1h0.2177−0.046%$10K$2.2M5xas long as short
HTX ARB-USDT+0.0100%8h0.2177−0.023%$294K$880K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2177−0.023%$4.9M$12.8M50xas long as short
RISEx ARB/USDC+0.0118%1h0.2181+0.140%$440K$2.6M10xas long as short
BloFin ARB-USDT+0.0187%8h0.2176−0.051%$3.1M$2.5M75xas long as short
Coinbase International ARB-PERP-INTX+0.0256%1h0.2180+0.115%$499K$1.6M50xas long as short
GMX ARB/USD [ARB-USDC]L +0.0277% / S −0.0160%1h0.2177−0.035%$826K150xas long as short
Reya ARBRUSDPERP+0.0289%1h0.2177−0.012%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0578%1h0.2179+0.087%$978K$2.8M20xas long as short