Funding you earn now, next payment 08:00 UTC+0.0166%/8h= +18.1% APRpaid last 24h +0.048%
Price spread now: edgeX against Orderly+0.019%49s7-day average −0.001% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.294%+$29 on $10k
+Price spread, last 4 days (all we have)−0.646%−$65 · spread now +0.019%, 7d avg −0.001%
=Together, before fees−0.351%+ Points / potential airdropedgeX: Active · farm board−$35 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. The two prices were read 49 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 | 0.2186 | −0.0066 | get 0.0066% / 8h | 3h 21m | $12K | $407K | 10x |
| Short | edgeX ARBUSDC | 0.2186 | 0.0100 | get 0.0050% / 4h | 3h 21m | $38K | $463K | 20x |
Orderly PERP_ARB_USDC
edgeX ARBUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $34.8
- Price spread: +0.019% → −0.001%
- $2
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $21.8
- Costs to cover
- 0.150%
- Break-even
- 2.6 days
Slippage unknown: Orderly: no order-book sample; edgeX: live order book, 32 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 edgeX live order book, 32 min ago | 11.36 bp | 19.7 bp −$20 | 102.1 bp −$1,021 | 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 | −0.1589% | 1h | 0.2176 | −0.457% | $39K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0177% | 1h | 0.2189 | +0.142% | $69K | $2.1M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0105% | 8h | 0.2190 | +0.174% | $22.0M | $142.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0105% | 8h | 0.2190 | +0.183% | $41.6M | $60.6M | 200x | as long as short |
| Variational Omni ARB | −0.0099% | 8h | 0.2188 | +0.103% | $1.8M | $3.0M | — | as long as short |
| Orderly PERP_ARB_USDClong | −0.0066% | 8h | 0.2186 | long leg | $12K | $407K | 10x | |
| Bybit ARBUSDT | −0.0056% | 8h | 0.2189 | +0.137% | $55.3M | $123.4M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0050% | 1h | 0.2186 | −0.004% | $1.0M | $4.4M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0008% | 1h | 0.2190 | +0.165% | $7K | $2K | 10x | as long as short |
| Gate ARB_USDT | −0.0003% | 8h | 0.2190 | +0.178% | $5.3M | $18.1M | 60x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
01 Exchange ARBUSD
Gate ARB_USDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2190 | +0.165% | $65K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2186 | +0.006% | $44K | — | 150x | as long as short |
| Deribit ARB_USDC-PERPETUAL | +0.0024% | 1h | 0.2187 | +0.046% | $24K | $34K | 25x | as long as short |
| Binance ARBUSDT | +0.0046% | 8h | 0.2190 | +0.177% | $63.8M | $299.4M | 75x | as long as short |
| Extended ARB-USD | +0.0048% | 1h | 0.2188 | +0.105% | $349K | $2.5M | 25x | as long as short |
| Bitget ARBUSDT | +0.0053% | 8h | 0.2190 | +0.183% | $20.8M | $33.8M | 50x | as long as short |
| BingX ARB-USDT | +0.0053% | 8h | 0.2189 | +0.124% | — | $53.7M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2187 | +0.046% | $139K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2188 | +0.114% | $1.3M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2192 | +0.252% | $37.4M | $48.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2190 | +0.166% | $630K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2190 | +0.177% | $42K | $159K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2188 | +0.091% | $19.5M | $14.5M | 75x | as long as short |
| edgeX ARBUSDCshort | +0.0100% | 4h | 0.2186 | +0.019% | $38K | $463K | 20x | |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2189 | +0.137% | $467K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2187 | +0.046% | $118K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2188 | +0.091% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2186 | −0.014% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2186 | +0.005% | $297K | $883K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2185 | −0.046% | $4.9M | $12.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0118% | 1h | 0.2190 | +0.183% | $468K | $2.6M | 10x | as long as short |
| BloFin ARB-USDT | +0.0165% | 8h | 0.2187 | +0.032% | $3.1M | $2.5M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0256% | 1h | 0.2182 | −0.160% | $492K | $1.6M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2187 | +0.029% | $824K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2189 | +0.139% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0546% | 1h | 0.2189 | +0.119% | $984K | $2.8M | 20x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Deribit ARB_USDC-PERPETUAL
Binance ARBUSDT
Extended ARB-USD
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
RISEx ARB/USDC
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP