Funding you earn now, next payment 22:00 UTC+0.0208%/8h= +22.8% APRpaid last 24h +0.034%
Price spread now: Pacifica against OKX+0.149%49s7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$480.484% of the position
Funding, last 7 days+0.196%+$20 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.149%, 7d avg +0.058%
=Together, before fees+0.147%+ Points / potential airdropPacifica: Active · farm board+$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Pacifica is 0.092% dearer against OKX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.058%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ARB-USDT-SWAP | 0.2229 | −0.0108 | get 0.0108% / 8h | 2h 07m | $22.2M | $164.1M | 50x |
| Short | Pacifica ARB | 0.2232 | 0.0100 | get 0.0013% / 1h | 7m 50s | $45K | $200K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against OKX. 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
- $43.75
- Price spread: +0.149% → +0.058%
- $9.16
- Slippage, 4 orders
- −$30.37
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $4.54
- Costs to cover
- 0.484%
- Break-even
- 6.3 days
Slippage from OKX: live order book, 1 min ago; Pacifica: live order book, 15 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 OKX live order book, 1 min ago | 0.22 bp | 11.5 bp −$11 | 30.0 bp −$300 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 15 min ago | 7.80 bp | 13.0 bp −$13 | doesn't fit | 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 PERP | −0.1675% | 1h | 0.2218 | −0.493% | $40K | $197K | 12x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0288% | 1h | 0.2231 | +0.094% | $38K | $20K | 25x | as long as short |
| 01 Exchange ARBUSD | −0.0272% | 1h | 0.2230 | +0.045% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0159% | 8h | 0.2225 | −0.166% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0138% | 8h | 0.2230 | +0.027% | $56.2M | $135.7M | 50x | as long as short |
| SoDEX ARB-USD | −0.0127% | 1h | 0.2229 | +0.013% | $4K | $2.9M | 5x | as long as short |
| OKX ARB-USDT-SWAPlong | −0.0108% | 8h | 0.2229 | long leg | $22.2M | $164.1M | 50x | |
| MEXC ARB_USDT | −0.0106% | 8h | 0.2229 | +0.018% | $36.9M | $63.9M | 200x | as long as short |
| Polymarket Perps ARB-USD | −0.0058% | 1h | 0.2231 | +0.090% | $77K | $2.2M | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2232 | +0.127% | $1.1M | $5.3M | 50x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0021% | 8h | 0.2231 | +0.090% | $10K | $389K | 10x | as long as short |
| Binance ARBUSDT | −0.0019% | 8h | 0.2229 | +0.006% | $63.4M | $324.6M | 75x | as long as short |
| Extended ARB-USD | −0.0016% | 1h | 0.2229 | −0.007% | $355K | $2.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2232 | +0.125% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2233 | +0.157% | $57K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0005% | 8h | 0.2231 | +0.076% | $5.5M | $21.6M | 60x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2232 | +0.135% | $146K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0089% | 8h | 0.2228 | −0.045% | $20.9M | $38.2M | 50x | as long as short |
| BingX ARB-USDT | +0.0089% | 8h | 0.2230 | +0.040% | — | $54.0M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2231 | +0.081% | $1.3M | $7.8M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2233 | +0.157% | $39.8M | $52.5M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2231 | +0.095% | $692K | $1.7M | 20x | as long as short |
| Pacifica ARBshort | +0.0100% | 1h | 0.2232 | +0.149% | $45K | $200K | 10x | |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2232 | +0.135% | $20.5M | $16.9M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2226 | −0.138% | $36K | $458K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2226 | −0.135% | $479K | $4.0M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2226 | −0.135% | $121K | $297K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2232 | +0.135% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2230 | +0.045% | $274K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2231 | +0.090% | $5.2M | $13.7M | 50x | as long as short |
| BloFin ARB-USDT | +0.0103% | 8h | 0.2232 | +0.135% | $3.0M | $3.3M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0153% / S −0.0018% | 1h | 0.2232 | +0.145% | $846K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2249 | +0.897% | $504K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2231 | +0.072% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2233 | +0.184% | $495K | $2.8M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0554% | 1h | 0.2234 | +0.211% | $1.1M | $2.7M | 20x | as long as short |
OKX ARB-USDT-SWAP
Pacifica ARB
Injective ARB/USDC PERP
Deribit ARB_USDC-PERPETUAL
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
SoDEX ARB-USD
MEXC ARB_USDT
Polymarket Perps ARB-USD
Kraken Futures PF_ARBUSD
Binance ARBUSDT
Extended ARB-USD
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Bitget ARBUSDT
BingX ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
Backpack ARB_USDC_PERP