Funding you earn now, next payment 12:00 UTC+0.1932%/8h= +211.5% APRnext payment +$2.41 per $10,000 · paid last 24h +0.556%
Price spread now: Reya against Injective+0.523%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$58 a day on $10k at the current rate, and Reya is 0.523% dearer against Injective than usual: you sell high and buy low: +$52 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ARB/USDC PERP | 0.2155 | −0.1644 | get 0.0206% / 1h | 47m 04s | $39K | $372K | 12x |
| Short | Reya ARBRUSDPERP | 0.2166 | 0.0288 | get 0.0036% / 1h | 47m 04s | $2K | $695 | 20x |
Injective ARB/USDC PERP
Reya ARBRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $405.63
- Price spread: +0.523% → 0.000%
- $52.31
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $451.93
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Injective: live order book, 60 min ago; Reya: 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 Injective live order book, 60 min ago | 52.74 bp | 52.8 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 exchanges
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 | −0.1644% | 1h | 0.2155 | long leg | $39K | $372K | 12x | |
| Kraken Futures PF_ARBUSD | −0.0490% | 1h | 0.2166 | +0.501% | $1.0M | $3.8M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0343% | 1h | 0.2167 | +0.552% | $74K | $1.7M | 10x | as long as short |
| SoDEX ARB-USD | −0.0247% | 1h | 0.2165 | +0.441% | $9K | $1.9M | 5x | as long as short |
| Bybit ARBUSDT | −0.0185% | 8h | 0.2164 | +0.404% | $53.5M | $115.0M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0174% | 8h | 0.2163 | +0.362% | $22.3M | $131.5M | 50x | as long as short |
| MEXC ARB_USDT | −0.0170% | 8h | 0.2164 | +0.399% | $42.7M | $59.2M | 200x | as long as short |
| 01 Exchange ARBUSD | −0.0144% | 1h | 0.2168 | +0.589% | $7K | $414 | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0119% | 1h | 0.2166 | +0.506% | $29K | $32K | 25x | as long as short |
| Gate ARB_USDT | −0.0098% | 8h | 0.2163 | +0.390% | $5.5M | $15.3M | 60x | as long as short |
Kraken Futures PF_ARBUSD
Polymarket Perps ARB-USD
SoDEX ARB-USD
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
01 Exchange ARBUSD
Deribit ARB_USDC-PERPETUAL
Gate ARB_USDTShow all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ARB | −0.0074% | 8h | 0.2159 | +0.194% | $1.8M | $2.6M | — | as long as short |
| Extended ARB-USD | −0.0048% | 1h | 0.2162 | +0.332% | $359K | $3.1M | 25x | as long as short |
| Binance ARBUSDT | −0.0047% | 8h | 0.2164 | +0.417% | $63.4M | $269.2M | 75x | as long as short |
| Orderly PERP_ARB_USDC | −0.0005% | 8h | 0.2166 | +0.510% | $16K | $385K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2166 | +0.490% | $63K | $3K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2166 | +0.532% | $71K | — | 150x | as long as short |
| BloFin ARB-USDT | +0.0072% | 8h | 0.2165 | +0.445% | $3.0M | $2.1M | 75x | as long as short |
| Aevo ARB-PERP | +0.0072% | 1h | 0.2164 | +0.400% | $137K | $7K | 3x | as long as short |
| Phemex ARBUSDT | +0.0091% | 8h | 0.2165 | +0.464% | $4.6M | $12.4M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2165 | +0.487% | $1.3M | $5.0M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2165 | +0.450% | $34.7M | $48.0M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2165 | +0.469% | $618K | $1.5M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2166 | +0.530% | $53K | $150K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2165 | +0.483% | $18.8M | $12.4M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2163 | +0.371% | $20.8M | $30.9M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2162 | +0.343% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2159 | +0.198% | $38K | $466K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2162 | +0.324% | $467K | $3.1M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2164 | +0.418% | $117K | $308K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2167 | +0.557% | $2K | $1.0M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2169 | +0.650% | $280K | $746K | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0199% | 1h | 0.2166 | +0.524% | $966K | $2.3M | 20x | as long as short |
| RISEx ARB/USDC | +0.0276% | 1h | 0.2169 | +0.657% | $553K | $2.3M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0279% / S −0.0162% | 1h | 0.2166 | +0.521% | $828K | — | 150x | as long as short |
| Reya ARBRUSDPERPshort | +0.0288% | 1h | 0.2166 | +0.523% | $2K | $695 | 20x | |
| Coinbase International ARB-PERP-INTX | +0.0384% | 1h | 0.2169 | +0.650% | $517K | $1.3M | 50x | as long as short |
Variational Omni ARB
Extended ARB-USD
Binance ARBUSDT
Orderly PERP_ARB_USDC
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
BloFin ARB-USDT
Aevo ARB-PERP
Phemex ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDC
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Backpack ARB_USDC_PERP
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX