ARB

Alert

Funding spread now, next payment 16:00 UTC+0.0183%/8h

next payment, per $10,000+$1.83paid, last 24h+0.015%paid, last 3 days+0.044%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 3 days it paid 0.044% in total (about 5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.83 per $10,000. 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	OKX ARB-USDT-SWAP	0.2341	−0.0116	get 0.0116% / 8h	3h 32m	$24.6M	$176.0M	50x
Short	Variational Omni ARB	0.2304	0.0067	get 0.0067% / 8h	3h 32m	$1.9M	$2.3M	—

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee Variational OmnibpOrdersRate

Funding earned: $38.44
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $28.44
Break-even: 1.8 days

Slippage unknown: OKX: live order book, 3 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.

Price risk

price view

Price gap now: −1.567%
Avg gap 7d: +0.016%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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, 3 min ago	0.22 bp	9.6 bp −$10	20.1 bp −$201	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 3 min ago	4.31 bp	doesn't fit	21.6 bp −$216	doesn't fit	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	−0.1477%	1h	$45K	$278K	12x	as long as short
MEXC ARB_USDT	−0.0117%	8h	$38.7M	$50.7M	200x	as long as short
OKX ARB-USDT-SWAPlong	−0.0116%	8h	$24.6M	$176.0M	50x
Orderly PERP_ARB_USDC	−0.0087%	8h	$11K	$246K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	$70K	$4K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	$37K	$17K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	$34K	—	150x	as long as short
Extended ARB-USD	+0.0040%	1h	$489K	$2.3M	25x	as long as short
Binance ARBUSDT	+0.0042%	8h	$67.7M	$284.2M	75x	as long as short
Gate ARB_USDT	+0.0052%	8h	$5.7M	$18.1M	60x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
01 Exchange ARBUSD	+0.0064%	1h	$7K	$3K	10x	as long as short
Variational Omni ARBshort	+0.0067%	8h	$1.9M	$2.3M	—
SoDEX ARB-USD	+0.0075%	1h	$4K	$2.4M	5x	as long as short
Aevo ARB-PERP	+0.0088%	1h	$156K	$9K	3x	as long as short
Aster ARBUSDT	+0.0100%	8h	$723K	$2.0M	20x	as long as short
Pacifica ARB	+0.0100%	1h	$44K	$233K	10x	as long as short
Bybit ARBUSDT	+0.0100%	8h	$58.4M	$119.7M	50x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	$20.3M	$18.4M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	$21.9M	$33.8M	50x	as long as short
BingX ARB-USDC	+0.0100%	8h	—	$6.5M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	$43K	$459K	20x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	$127K	$287K	50x	as long as short
Polymarket Perps ARB-USD	+0.0100%	1h	$66K	$2.6M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	$2K	$1.0M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	$295K	$1.2M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	$5.7M	$15.8M	50x	as long as short
BloFin ARB-USDT	+0.0157%	8h	$3.3M	$3.0M	75x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0241% / S −0.0137%	1h	$775K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	$3K	—	20x	as long as short
Lighter ARB	+0.0296%	1h	$1.6M	$6.2M	15x	as long as short
RISEx ARB/USDC	+0.0305%	1h	$462K	$3.2M	10x	as long as short
Kraken Futures PF_ARBUSD	+0.0349%	1h	$1.2M	$4.1M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0432%	1h	$579K	$2.3M	50x	as long as short
Hyperliquid ARB	+0.0689%	1h	$43.3M	$40.0M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0730%	1h	$927K	$2.0M	20x	as long as short