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

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0234%/8h= +25.7% APRnext payment +$2.34 per $10,000 · paid last 24h +0.046%
Price spread now: SunX against OKX+0.397%7-day average +0.138% · you sell dearer than you buy
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1791.788% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.218%+$22 on $10k
Price spread, last 4 days (all we have)+0.976%+$98 · spread now +0.397%, 7d avg +0.138%
Together, before fees+1.193%+$119 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and SunX is 0.259% dearer against OKX than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of +0.138%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ARB-USDT-SWAP0.2189−0.0134get 0.0134% / 8h4h 39m$22.1M$147.2M50x
ShortSunX ARB-USDT0.21980.0100get 0.0100% / 8h4h 39m$2K$1.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$49.22
Price spread: +0.397% → +0.138%
$25.89
Slippage, 4 orders
−$160.85
Fee OKX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$103.74
Costs to cover
1.788%
Break-even
21.8 days
Slippage from OKX: live order book, 4 min ago; SunX: live order book, 3 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, 4 min ago0.23 bp9.3 bp −$922.5 bp −$225doesn't fitdoesn't fit
Sell SunX live order book, 3 min ago15.88 bp110.7 bp −$111doesn'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−0.1649%1h0.2189−0.014%$39K$372K12xas long as short
01 Exchange ARBUSD−0.0176%1h0.2194+0.196%$7K$2K10xas long as short
Polymarket Perps ARB-USD−0.0152%1h0.2193+0.164%$91K$2.2M10xas long as short
OKX ARB-USDT-SWAPlong−0.0134%8h0.2189long leg$22.1M$147.2M50x
MEXC ARB_USDT−0.0134%8h0.2190+0.032%$40.0M$60.0M200xas long as short
Variational Omni ARB−0.0115%8h0.2194+0.217%$1.8M$2.9Mas long as short
Gate ARB_USDT−0.0099%8h0.2192+0.100%$5.3M$18.7M60xas long as short
Orderly PERP_ARB_USDC−0.0077%8h0.2193+0.169%$12K$390K10xas long as short
Bybit ARBUSDT−0.0045%8h0.21890.000%$55.5M$126.1M50xas long as short
Kraken Futures PF_ARBUSD−0.0006%1h0.2193+0.172%$1.1M$4.4M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ARB-USD0.0000%1h0.2196+0.311%$65K$5K10xas long as short
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2193+0.187%$24K$34K25xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0006%1h0.2193+0.190%$32K150xas long as short
Extended ARB-USD+0.0008%1h0.2190+0.018%$350K$2.5M25xas long as short
Binance ARBUSDT+0.0008%8h0.2190+0.023%$63.8M$306.5M75xas long as short
BloFin ARB-USDT+0.0034%8h0.2195+0.260%$3.1M$2.6M75xas long as short
SoDEX ARB-USD+0.0047%1h0.2192+0.110%$10K$2.3M5xas long as short
Bitget ARBUSDT+0.0064%8h0.2190+0.032%$20.8M$34.6M50xas long as short
BingX ARB-USDT+0.0064%8h0.2189+0.005%$53.7Mas long as short
Aevo ARB-PERP+0.0080%1h0.2194+0.197%$139K$7K3xas long as short
Lighter ARB+0.0096%1h0.2191+0.082%$1.2M$5.7M15xas long as short
Phemex ARBUSDT+0.0097%8h0.2192+0.123%$4.9M$12.8M50xas long as short
Hyperliquid ARB+0.0100%1h0.2192+0.137%$37.9M$48.8M10xas long as short
Aster ARBUSDT+0.0100%8h0.2191+0.067%$632K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2195+0.279%$43K$169K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2191+0.073%$19.4M$15.1M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2199+0.431%$40K$460K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2201+0.533%$469K$3.6M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2200+0.489%$120K$284K50xas long as short
SunX ARB-USDTshort+0.0100%8h0.2198+0.397%$2K$1.1M30x
HTX ARB-USDT+0.0100%8h0.2193+0.164%$298K$952K50xas long as short
Coinbase International ARB-PERP-INTX+0.0224%1h0.2197+0.352%$491K$1.9M50xas long as short
RISEx ARB/USDC+0.0225%1h0.2195+0.274%$475K$2.6M10xas long as short
GMX ARB/USD [ARB-USDC]L +0.0273% / S −0.0155%1h0.2194+0.204%$819K150xas long as short
Reya ARBRUSDPERP+0.0289%1h0.2192+0.144%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0593%1h0.2195+0.238%$991K$2.8M20xas long as short