Funding you earn now, next payment 07:00 UTC+0.1661%/8h= +181.8% APRpaid last 24h +0.501%
Price spread now: BingX against Injective+0.274%7-day average +0.363% · you sell dearer than you buy
Net, funding: paid 7d − costs+$211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1421.422% of the position
Funding, last 7 days+3.532%+$353 on $10k
+Price spread, last 4 days (all we have)−0.603%−$60 · spread now +0.274%, 7d avg +0.363%
=Funding pays, the price is against you. BingX is 0.089% cheaper against Injective than usual: you would sell low and buy high (spread +0.274% now, against its 7-day average of +0.363%). If the spread goes back, that is −$9 on $10k: about 4 hours of funding at the current rate (+$50 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ARB/USDC PERP | 0.2190 | −0.1592 | get 0.0199% / 1h | 5m 03s | $40K | $372K | 12x |
| Short | BingX ARB-USDC | 0.2196 | 0.0069 | get 0.0069% / 8h | 1h 05m | — | $6.5M | — |
Injective ARB/USDC PERP
BingX ARB-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Injective. 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
- $348.74
- Price spread: +0.274% → +0.363%
- −$8.88
- Slippage, 4 orders
- −$132.13
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $197.71
- Costs to cover
- 1.422%
- Break-even
- 3.0 days
Slippage from Injective: live order book, 39 min ago; BingX: live order book, 1 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 Injective live order book, 39 min ago | 51.93 bp | 51.9 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 4.10 bp | 18.5 bp −$19 | 33.4 bp −$334 | 91.5 bp −$9,149 | 608.9 bp −$304.4K |
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 PERPlong | −0.1592% | 1h | 0.2190 | long leg | $40K | $372K | 12x | |
| Polymarket Perps ARB-USD | −0.0168% | 1h | 0.2198 | +0.370% | $67K | $2.1M | 10x | as long as short |
| 01 Exchange ARBUSD | −0.0160% | 1h | 0.2196 | +0.274% | $7K | $236 | 10x | as long as short |
| SoDEX ARB-USD | −0.0100% | 1h | 0.2198 | +0.347% | $9K | $2.2M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0089% | 8h | 0.2197 | +0.311% | $22.1M | $144.9M | 50x | as long as short |
| MEXC ARB_USDT | −0.0088% | 8h | 0.2198 | +0.352% | $42.3M | $62.4M | 200x | as long as short |
| Variational Omni ARB | −0.0042% | 8h | 0.2196 | +0.291% | $1.8M | $3.0M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0038% | 8h | 0.2198 | +0.365% | $12K | $408K | 10x | as long as short |
| Bybit ARBUSDT | −0.0009% | 8h | 0.2197 | +0.306% | $54.0M | $126.3M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2198 | +0.354% | $65K | $5K | 10x | as long as short |
Polymarket Perps ARB-USD
01 Exchange ARBUSD
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Orderly PERP_ARB_USDC
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 | 0.2199 | +0.402% | $28K | $38K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2199 | +0.396% | $44K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0017% | 8h | 0.2197 | +0.338% | $5.4M | $18.5M | 60x | as long as short |
| Binance ARBUSDT | +0.0030% | 8h | 0.2197 | +0.315% | $62.9M | $301.7M | 75x | as long as short |
| Extended ARB-USD | +0.0032% | 1h | 0.2196 | +0.289% | $350K | $2.9M | 25x | as long as short |
| RISEx ARB/USDC | +0.0056% | 1h | 0.2199 | +0.397% | $485K | $2.6M | 10x | as long as short |
| BingX ARB-USDCshort | +0.0069% | 8h | 0.2196 | +0.274% | — | $6.5M | — | |
| Bitget ARBUSDT | +0.0072% | 8h | 0.2197 | +0.320% | $21.2M | $34.7M | 50x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2199 | +0.407% | $139K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2198 | +0.361% | $1.2M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2200 | +0.457% | $37.2M | $49.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2198 | +0.365% | $631K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2200 | +0.436% | $43K | $148K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2198 | +0.370% | $19.5M | $14.2M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2197 | +0.342% | $39K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2199 | +0.410% | $478K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2197 | +0.320% | $119K | $280K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2201 | +0.502% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2198 | +0.347% | $293K | $857K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2198 | +0.365% | $4.9M | $12.8M | 50x | as long as short |
| BloFin ARB-USDT | +0.0122% | 8h | 0.2198 | +0.361% | $3.0M | $2.3M | 75x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0232% | 1h | 0.2199 | +0.424% | $1.1M | $4.4M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2199 | +0.415% | $830K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2204 | +0.626% | $525K | $1.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2198 | +0.367% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0586% | 1h | 0.2201 | +0.521% | $989K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Binance ARBUSDT
Extended ARB-USD
RISEx ARB/USDC
Bitget ARBUSDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
Kraken Futures PF_ARBUSD
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP