ARB

Alert

Funding spread now, next payment 17:00 UTC+0.0558%/8h

paid, last 24h+0.115%paid, last 5 days+0.300%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_ARB_USDC	0.2286	−0.0010	get 0.0010% / 8h	7h 25m	$11K	$368K	10x
Short	Backpack ARB_USDC_PERP	0.2296	0.0548	get 0.0069% / 1h	25m 23s	$954K	$3.0M	20x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee OrderlybpFee BackpackbpOrdersRate

Funding earned: $117.18
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Backpack: 5 bp × 2 orders: −$10
Net: $101.18
Break-even: 1.0 days

Slippage unknown: Orderly: no order-book sample; Backpack: live order book, 5 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.420%
Avg gap 7d: +0.057%

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 Orderly no order-book sample	—	—	—	—	—
Sell Backpack live order book, 5 min ago	1.74 bp	11.4 bp −$11	55.4 bp −$554	doesn't fit	doesn't fit

Orderly: 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 35 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective ARB/USDC PERP	−0.1401%	1h	$59K	$204K	12x	as long as short
Kraken Futures PF_ARBUSD	−0.0200%	1h	$1.2M	$4.8M	50x	as long as short
Bybit ARBUSDT	−0.0093%	8h	$58.0M	$130.8M	50x	as long as short
01 Exchange ARBUSD	−0.0080%	1h	$7K	$2K	10x	as long as short
Polymarket Perps ARB-USD	−0.0023%	1h	$74K	$2.5M	10x	as long as short
Orderly PERP_ARB_USDClong	−0.0010%	8h	$11K	$368K	10x
dYdX ARB-USD	0.0000%	1h	$69K	$4K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	$40K	$16K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	$61K	—	150x	as long as short
OKX ARB-USDT-SWAP	+0.0011%	8h	$23.9M	$175.1M	50x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
MEXC ARB_USDT	+0.0011%	8h	$38.4M	$62.2M	200x	as long as short
SoDEX ARB-USD	+0.0018%	1h	$5K	$2.9M	5x	as long as short
Lighter ARB	+0.0096%	1h	$1.6M	$7.3M	15x	as long as short
Aster ARBUSDT	+0.0100%	8h	$714K	$2.2M	20x	as long as short
Pacifica ARB	+0.0100%	1h	$50K	$229K	10x	as long as short
Binance ARBUSDT	+0.0100%	8h	$65.6M	$321.5M	75x	as long as short
Gate ARB_USDT	+0.0100%	8h	$5.5M	$20.9M	60x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	$20.4M	$18.2M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	$21.3M	$39.5M	50x	as long as short
BingX ARB-USDC	+0.0100%	8h	—	$6.5M	—	as long as short
Variational Omni ARB	+0.0100%	8h	$1.9M	$3.3M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	$39K	$465K	20x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	$129K	$262K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	$279K	$1.2M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	$5.6M	$14.4M	50x	as long as short
Extended ARB-USD	+0.0104%	1h	$371K	$2.4M	25x	as long as short
Aevo ARB-PERP	+0.0104%	1h	$153K	$9K	3x	as long as short
BloFin ARB-USDT	+0.0220%	8h	$3.2M	$3.2M	75x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0274% / S −0.0225%	1h	$692K	—	150x	as long as short
Hyperliquid ARB	+0.0280%	1h	$42.4M	$49.6M	10x	as long as short
Reya ARBRUSDPERP	+0.0292%	1h	$2K	$695	20x	as long as short
RISEx ARB/USDC	+0.0449%	1h	$437K	$3.2M	10x	as long as short
Coinbase International ARB-PERP-INTX	+0.0464%	1h	$525K	$2.5M	50x	as long as short
Backpack ARB_USDC_PERPshort	+0.0548%	1h	$954K	$3.0M	20x