Funding you earn now, next payment 23:00 UTC+0.1642%/8h= +179.8% APRnext payment +$2.05 per $10,000 · paid last 24h +0.468%
Price spread now: SoDEX against Injective+0.551%7-day average +0.414% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1141.140% of the position
Funding, last 3 days (all we have)+1.572%+$157 on $10k
+Price spread, last 3 days (all we have)−0.269%−$27 · spread now +0.551%, 7d avg +0.414%
=Both sides work for this trade now. Funding pays +$49 a day on $10k at the current rate, and SoDEX is 0.137% dearer against Injective than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.414%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ARB/USDC PERP | 0.2215 | −0.1770 | get 0.0221% / 1h | 47m 13s | $40K | $283K | 12x |
| Short | SoDEX ARB-USD | 0.2227 | −0.0127 | pay 0.0016% / 1h | 47m 13s | $4K | $2.8M | 5x |
Injective ARB/USDC PERP
SoDEX ARB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $344.92
- Price spread: +0.551% → +0.414%
- $13.72
- Slippage, 4 orders
- −$105.96
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $244.66
- Costs to cover
- 1.140%
- Break-even
- 2.0 days
Slippage from Injective: live order book, 37 min ago; SoDEX: live order book, 2 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, 37 min ago | 51.28 bp | 51.3 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 2 min ago | 0.22 bp | 5.7 bp −$6 | 18.9 bp −$189 | doesn't fit | doesn't fit |
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 | −0.1770% | 1h | 0.2215 | long leg | $40K | $283K | 12x | |
| 01 Exchange ARBUSD | −0.0240% | 1h | 0.2230 | +0.673% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0154% | 8h | 0.2222 | +0.305% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0136% | 8h | 0.2228 | +0.573% | $57.3M | $136.1M | 50x | as long as short |
| SoDEX ARB-USDshort | −0.0127% | 1h | 0.2227 | +0.551% | $4K | $2.8M | 5x | |
| MEXC ARB_USDT | −0.0108% | 8h | 0.2228 | +0.609% | $36.6M | $62.1M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0106% | 8h | 0.2229 | +0.623% | $22.2M | $163.2M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0072% | 1h | 0.2229 | +0.646% | $76K | $2.2M | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0024% | 8h | 0.2228 | +0.587% | $11K | $393K | 10x | as long as short |
| Extended ARB-USD | −0.0016% | 1h | 0.2227 | +0.547% | $355K | $2.4M | 25x | as long as short |
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Polymarket Perps ARB-USD
Orderly PERP_ARB_USDC
Extended ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | −0.0014% | 8h | 0.2229 | +0.619% | $63.5M | $322.9M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2230 | +0.668% | $66K | $4K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2229 | +0.632% | $26K | $32K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2229 | +0.647% | $55K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0018% | 8h | 0.2229 | +0.632% | $5.5M | $20.6M | 60x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2230 | +0.668% | $146K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0083% | 8h | 0.2227 | +0.542% | $20.9M | $38.0M | 50x | as long as short |
| BingX ARB-USDT | +0.0083% | 8h | 0.2228 | +0.605% | — | $53.6M | — | as long as short |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2230 | +0.666% | $1.1M | $5.2M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2229 | +0.619% | $1.3M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2231 | +0.727% | $39.8M | $52.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2228 | +0.572% | $692K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2230 | +0.655% | $44K | $197K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2230 | +0.659% | $20.5M | $16.9M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2223 | +0.349% | $36K | $459K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2223 | +0.368% | $478K | $4.0M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2222 | +0.316% | $120K | $294K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2230 | +0.677% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2229 | +0.646% | $275K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2228 | +0.587% | $5.2M | $13.5M | 50x | as long as short |
| BloFin ARB-USDT | +0.0106% | 8h | 0.2229 | +0.619% | $3.0M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2229 | +0.632% | $506K | $2.5M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2229 | +0.627% | $834K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2229 | +0.609% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2232 | +0.775% | $492K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0579% | 1h | 0.2232 | +0.763% | $1.1M | $2.7M | 20x | as long as short |
Binance ARBUSDT
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Aevo ARB-PERP
Bitget ARBUSDT
BingX ARB-USDT
Kraken Futures PF_ARBUSD
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
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP