Funding you earn now, next payment 08:00 UTC+0.0238%/8h= +26.1% APRnext payment +$2.39 per $10,000 · paid last 24h +0.055%
Price spread now: BloFin against Orderly+0.018%52s7-day average −0.007% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.323%+$32 on $10k
+Price spread, last 4 days (all we have)−0.136%−$14 · spread now +0.018%, 7d avg −0.007%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.025% dearer against Orderly than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.007%. The two prices were read 52 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 | Orderly PERP_ARB_USDC | 0.2205 | −0.0042 | get 0.0042% / 8h | 1h 30m | $12K | $406K | 10x |
| Short | BloFin ARB-USDT | 0.2205 | 0.0197 | get 0.0197% / 8h | 1h 30m | $3.1M | $2.3M | 75x |
Orderly PERP_ARB_USDC
BloFin ARB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Orderly. 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
- $50.09
- Price spread: +0.018% → −0.007%
- $2.51
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $34.59
- Costs to cover
- 0.180%
- Break-even
- 2.2 days
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 3 min ago. Net counts fees only.
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 BloFin live order book, 3 min ago | 0.23 bp | 8.9 bp −$9 | 14.2 bp −$142 | 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 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 | −0.1592% | 1h | 0.2191 | −0.635% | $40K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0216% | 1h | 0.2204 | −0.036% | $67K | $2.1M | 10x | as long as short |
| 01 Exchange ARBUSD | −0.0104% | 1h | 0.2203 | −0.082% | $7K | $236 | 10x | as long as short |
| SoDEX ARB-USD | −0.0098% | 1h | 0.2205 | +0.018% | $9K | $2.2M | 5x | as long as short |
| MEXC ARB_USDT | −0.0082% | 8h | 0.2206 | +0.059% | $41.7M | $61.8M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0080% | 8h | 0.2206 | +0.054% | $22.1M | $146.1M | 50x | as long as short |
| Variational Omni ARB | −0.0056% | 8h | 0.2205 | −0.002% | $1.8M | $3.0M | — | as long as short |
| Orderly PERP_ARB_USDClong | −0.0042% | 8h | 0.2205 | long leg | $12K | $406K | 10x | |
| Bybit ARBUSDT | −0.0016% | 8h | 0.2206 | +0.059% | $54.2M | $126.5M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2206 | +0.037% | $65K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
01 Exchange ARBUSD
SoDEX ARB-USD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Variational Omni ARB
Bybit ARBUSDT
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2206 | +0.032% | $28K | $38K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2206 | +0.049% | $44K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0038% | 8h | 0.2205 | +0.023% | $5.4M | $18.4M | 60x | as long as short |
| RISEx ARB/USDC | +0.0056% | 1h | 0.2205 | −0.018% | $475K | $2.6M | 10x | as long as short |
| Bitget ARBUSDT | +0.0060% | 8h | 0.2206 | +0.045% | $21.3M | $34.8M | 50x | as long as short |
| Binance ARBUSDT | +0.0077% | 8h | 0.2206 | +0.063% | $63.0M | $301.9M | 75x | as long as short |
| Extended ARB-USD | +0.0080% | 1h | 0.2205 | −0.010% | $352K | $2.8M | 25x | as long as short |
| BingX ARB-USDT | +0.0083% | 8h | 0.2205 | −0.005% | — | $53.1M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2205 | +0.018% | $1.2M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2206 | +0.045% | $37.2M | $49.5M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2207 | +0.095% | $634K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2205 | +0.004% | $43K | $149K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2206 | +0.032% | $19.6M | $14.3M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2202 | −0.133% | $39K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2204 | −0.045% | $479K | $3.7M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2204 | −0.045% | $119K | $281K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2204 | −0.045% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2206 | +0.045% | $295K | $867K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2205 | 0.000% | $4.9M | $12.8M | 50x | as long as short |
| Aevo ARB-PERP | +0.0104% | 1h | 0.2206 | +0.035% | $140K | $7K | 3x | as long as short |
| BloFin ARB-USDTshort | +0.0197% | 8h | 0.2205 | +0.018% | $3.1M | $2.3M | 75x | |
| Kraken Futures PF_ARBUSD | +0.0231% | 1h | 0.2207 | +0.103% | $1.1M | $4.5M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2206 | +0.060% | $833K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2208 | +0.150% | $526K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2204 | −0.042% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0618% | 1h | 0.2210 | +0.204% | $992K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
RISEx ARB/USDC
Bitget ARBUSDT
Binance ARBUSDT
Extended ARB-USD
BingX ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Aevo ARB-PERP
Kraken Futures PF_ARBUSD
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP