Funding spread now, next payment 14:00 UTC−0.0609%/8h
paid, last 24h+0.010%paid, last 7 days+0.097%to open and close $10k−$59
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.097% in total (about 5.0% a year). A funding rate is set anew for every payment. 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 | Kraken Futures PF_ARBUSD | 0.2388 | 0.0709 | pay 0.0089% / 1h | 32m 11s | $1.2M | $4.5M | 50x |
| Short | Bybit ARBUSDT | 0.2386 | 0.0100 | get 0.0100% / 8h | 2h 32m | $60.3M | $132.3M | 50x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$127.82
- Slippage, 4 orders
- −$38.22
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$187.04
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 3 min ago; Bybit: live order book, 3 min ago.
Price risk
price view- Price gap now
- −0.107%
- Avg gap 7d
- −0.101%
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 3 min ago | 11.74 bp | 17.1 bp −$17 | 27.7 bp −$277 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.21 bp | 10.2 bp −$10 | 21.4 bp −$214 | 57.5 bp −$5,752 | 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 | −0.0994% | 1h | $61K | $293K | 12x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0085% | 1h | $38K | $17K | 25x | as long as short |
| Orderly PERP_ARB_USDC | −0.0061% | 8h | $13K | $257K | 10x | as long as short |
| MEXC ARB_USDT | −0.0036% | 8h | $37.0M | $56.9M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0034% | 8h | $24.9M | $192.4M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | $72K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | $34K | — | 150x | as long as short |
| SoDEX ARB-USD | +0.0097% | 1h | $4K | $2.8M | 5x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | $720K | $2.2M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | $50K | $256K | 10x | as long as short |
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
Injective ARB/USDC PERP
Deribit ARB_USDC-PERPETUAL
MEXC ARB_USDT
OKX ARB-USDT-SWAP
gTrade (Gains Network) ARB/USD
SoDEX ARB-USD
Aster ARBUSDT
Pacifica ARB
Binance ARBUSDT
Gate ARB_USDT
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDT
Variational Omni ARB
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Lighter ARB
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
Hyperliquid ARB
Backpack ARB_USDC_PERP