Settings8H · net · $10k
Funding arb · Price arb /

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$480.484% of the position
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ARB-USDT-SWAP0.2229−0.0108get 0.0108% / 8h2h 07m$22.2M$164.1M50x
ShortPacifica ARB0.22320.0100get 0.0013% / 1h7m 50s$45K$200K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 1 min ago0.22 bp11.5 bp −$1130.0 bp −$300doesn't fitdoesn't fit
Sell Pacifica live order book, 15 min ago7.80 bp13.0 bp −$13doesn't fitdoesn't fitdoesn't fit

ARB on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1675%1h0.2218−0.493%$40K$197K12xas long as short
Deribit ARB_USDC-PERPETUAL−0.0288%1h0.2231+0.094%$38K$20K25xas long as short
01 Exchange ARBUSD−0.0272%1h0.2230+0.045%$7K$2K10xas long as short
Variational Omni ARB−0.0159%8h0.2225−0.166%$1.9M$2.8Mas long as short
Bybit ARBUSDT−0.0138%8h0.2230+0.027%$56.2M$135.7M50xas long as short
SoDEX ARB-USD−0.0127%1h0.2229+0.013%$4K$2.9M5xas long as short
OKX ARB-USDT-SWAPlong−0.0108%8h0.2229long leg$22.2M$164.1M50x
MEXC ARB_USDT−0.0106%8h0.2229+0.018%$36.9M$63.9M200xas long as short
Polymarket Perps ARB-USD−0.0058%1h0.2231+0.090%$77K$2.2M10xas long as short
Kraken Futures PF_ARBUSD−0.0053%1h0.2232+0.127%$1.1M$5.3M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ARB_USDC−0.0021%8h0.2231+0.090%$10K$389K10xas long as short
Binance ARBUSDT−0.0019%8h0.2229+0.006%$63.4M$324.6M75xas long as short
Extended ARB-USD−0.0016%1h0.2229−0.007%$355K$2.4M25xas long as short
dYdX ARB-USD0.0000%1h0.2232+0.125%$66K$4K10xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0005%1h0.2233+0.157%$57K150xas long as short
Gate ARB_USDT+0.0005%8h0.2231+0.076%$5.5M$21.6M60xas long as short
Aevo ARB-PERP+0.0080%1h0.2232+0.135%$146K$12K3xas long as short
Bitget ARBUSDT+0.0089%8h0.2228−0.045%$20.9M$38.2M50xas long as short
BingX ARB-USDT+0.0089%8h0.2230+0.040%$54.0Mas long as short
Lighter ARB+0.0096%1h0.2231+0.081%$1.3M$7.8M15xas long as short
Hyperliquid ARB+0.0100%1h0.2233+0.157%$39.8M$52.5M10xas long as short
Aster ARBUSDT+0.0100%8h0.2231+0.095%$692K$1.7M20xas long as short
Pacifica ARBshort+0.0100%1h0.2232+0.149%$45K$200K10x
KuCoin ARBUSDTM+0.0100%8h0.2232+0.135%$20.5M$16.9M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2226−0.138%$36K$458K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2226−0.135%$479K$4.0M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2226−0.135%$121K$297K50xas long as short
SunX ARB-USDT+0.0100%8h0.2232+0.135%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2230+0.045%$274K$1.2M50xas long as short
Phemex ARBUSDT+0.0100%8h0.2231+0.090%$5.2M$13.7M50xas long as short
BloFin ARB-USDT+0.0103%8h0.2232+0.135%$3.0M$3.3M75xas long as short
GMX ARB/USD [ARB-USDC]L +0.0153% / S −0.0018%1h0.2232+0.145%$846K150xas long as short
Coinbase International ARB-PERP-INTX+0.0288%1h0.2249+0.897%$504K$2.5M50xas long as short
Reya ARBRUSDPERP+0.0291%1h0.2231+0.072%$2K$69520xas long as short
RISEx ARB/USDC+0.0546%1h0.2233+0.184%$495K$2.8M10xas long as short
Backpack ARB_USDC_PERP+0.0554%1h0.2234+0.211%$1.1M$2.7M20xas long as short