ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.013%

Price spread now: dYdX against Kraken Futures−0.059%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.026%−$3 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. dYdX is 0.059% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.059% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 4.0 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_ARBUSD	0.2196	−0.0050	get 0.0006% / 1h	17m 54s	$1.1M	$4.4M	50x
Short	dYdX ARB-USD	0.2195	0	get 0.0000% / 1h	17m 54s	$65K	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Kraken Futures. 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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee dYdXbpOrdersPrice spread, now −0.059%Rate

Funding earned: $10.53
Price spread: −0.059% → 0.000%: −$5.95
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$15.42
Costs to cover: 0.200%
Break-even: 17.3 days

Slippage unknown: Kraken Futures: live order book, 1 min ago; dYdX: 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 Kraken Futures live order book, 1 min ago	8.43 bp	15.1 bp −$15	20.0 bp −$200	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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 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 PERP	−0.1589%	1h	0.2179	−0.779%	$39K	$372K	12x	as long as short
Polymarket Perps ARB-USD	−0.0170%	1h	0.2193	−0.133%	$70K	$2.1M	10x	as long as short
MEXC ARB_USDT	−0.0102%	8h	0.2195	−0.028%	$41.7M	$60.7M	200x	as long as short
OKX ARB-USDT-SWAP	−0.0101%	8h	0.2195	−0.064%	$22.0M	$142.3M	50x	as long as short
Variational Omni ARB	−0.0097%	8h	0.2188	−0.384%	$1.8M	$3.0M	—	as long as short
Orderly PERP_ARB_USDC	−0.0064%	8h	0.2195	−0.051%	$12K	$405K	10x	as long as short
Bybit ARBUSDT	−0.0054%	8h	0.2195	−0.055%	$55.4M	$123.2M	50x	as long as short
Kraken Futures PF_ARBUSDlong	−0.0050%	1h	0.2196	long leg	$1.1M	$4.4M	50x
01 Exchange ARBUSD	−0.0016%	1h	0.2193	−0.119%	$7K	$2K	10x	as long as short
Gate ARB_USDT	−0.0001%	8h	0.2195	−0.028%	$5.3M	$18.1M	60x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ARB-USDshort	0.0000%	1h	0.2195	−0.059%	$65K	$5K	10x
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2196	−0.010%	$24K	$34K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0009%	1h	0.2195	−0.062%	$44K	—	150x	as long as short
Binance ARBUSDT	+0.0047%	8h	0.2196	−0.010%	$64.2M	$298.5M	75x	as long as short
Extended ARB-USD	+0.0048%	1h	0.2194	−0.108%	$349K	$2.5M	25x	as long as short
BingX ARB-USDC	+0.0053%	8h	0.2194	−0.082%	—	$6.5M	—	as long as short
Bitget ARBUSDT	+0.0054%	8h	0.2194	−0.096%	$20.9M	$33.8M	50x	as long as short
Lighter ARB	+0.0096%	1h	0.2195	−0.041%	$1.3M	$5.5M	15x	as long as short
Aevo ARB-PERP	+0.0096%	1h	0.2196	−0.021%	$139K	$7K	3x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2197	+0.036%	$37.5M	$48.4M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2195	−0.056%	$632K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2194	−0.108%	$42K	$158K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2197	+0.027%	$19.6M	$14.5M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2188	−0.352%	$38K	$463K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2190	−0.278%	$468K	$3.5M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2190	−0.278%	$118K	$283K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2198	+0.086%	$2K	$1.1M	30x	as long as short
SoDEX ARB-USD	+0.0100%	1h	0.2195	−0.041%	$10K	$2.2M	5x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2195	−0.046%	$297K	$884K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2194	−0.096%	$5.0M	$12.8M	50x	as long as short
RISEx ARB/USDC	+0.0118%	1h	0.2193	−0.129%	$468K	$2.6M	10x	as long as short
BloFin ARB-USDT	+0.0167%	8h	0.2190	−0.269%	$3.1M	$2.5M	75x	as long as short
Coinbase International ARB-PERP-INTX	+0.0256%	1h	0.2198	+0.086%	$495K	$1.6M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2195	−0.058%	$828K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2193	−0.159%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0578%	1h	0.2199	+0.132%	$988K	$2.8M	20x	as long as short