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

ARB

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0121%/8h= +13.2% APRpaid last 24h +0.050%
Price spread now: Pacifica against Orderly−0.295%7-day average −0.006% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.284%+$28 on $10k
Price spread, last 3 days (all we have)−0.921%−$92 · spread now −0.295%, 7d avg −0.006%
Together, before fees−0.637%+ Points / potential airdropPacifica: Active · farm board−$64 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.289% cheaper against Orderly than usual: you would sell low and buy high (spread −0.295% now, against its 7-day average of −0.006%). If the spread goes back, that is −$29 on $10k: about 8.0 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ARB_USDC0.2235−0.0021get 0.0021% / 8h2h 10m$10K$388K10x
ShortPacifica ARB0.22280.0100get 0.0013% / 1h10m 17s$47K$199K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Orderly. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$25.4
Price spread: −0.295% → −0.006%
−$28.93
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$17.53
Costs to cover
0.140%
Break-even
11.8 days
Slippage unknown: Orderly: no order-book sample; Pacifica: live order book, 13 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Pacifica live order book, 13 min ago7.80 bp13.0 bp −$13doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1675%1h0.2214−0.940%$40K$197K12xas long as short
01 Exchange ARBUSD−0.0272%1h0.2228−0.295%$7K$2K10xas long as short
Variational Omni ARB−0.0159%8h0.2225−0.434%$1.9M$2.8Mas long as short
Bybit ARBUSDT−0.0145%8h0.2235−0.022%$56.4M$135.9M50xas long as short
SoDEX ARB-USD−0.0111%1h0.2234−0.027%$4K$2.9M5xas long as short
OKX ARB-USDT-SWAP−0.0105%8h0.2233−0.081%$22.3M$164.4M50xas long as short
MEXC ARB_USDT−0.0104%8h0.2236+0.040%$37.1M$63.9M200xas long as short
Kraken Futures PF_ARBUSD−0.0053%1h0.2236+0.066%$1.1M$5.3M50xas long as short
Polymarket Perps ARB-USD−0.0051%1h0.2232−0.139%$77K$2.2M10xas long as short
Orderly PERP_ARB_USDClong−0.0021%8h0.2235long leg$10K$388K10x
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ARBUSDT−0.0017%8h0.2235+0.008%$63.6M$324.6M75xas long as short
Extended ARB-USD−0.0016%1h0.2234−0.023%$355K$2.4M25xas long as short
dYdX ARB-USD0.0000%1h0.2229−0.276%$66K$4K10xas long as short
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2237+0.089%$38K$20K25xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0005%1h0.2236+0.043%$56K150xas long as short
Gate ARB_USDT+0.0006%8h0.2236+0.045%$5.5M$21.6M60xas long as short
Aevo ARB-PERP+0.0080%1h0.2237+0.085%$146K$12K3xas long as short
Bitget ARBUSDT+0.0089%8h0.22350.000%$20.9M$38.2M50xas long as short
BingX ARB-USDC+0.0089%8h0.2233−0.085%$6.5Mas long as short
Lighter ARB+0.0096%1h0.2235+0.018%$1.3M$7.8M15xas long as short
Hyperliquid ARB+0.0100%1h0.2235−0.004%$39.8M$53.0M10xas long as short
Aster ARBUSDT+0.0100%8h0.2234−0.040%$693K$1.7M20xas long as short
Pacifica ARBshort+0.0100%1h0.2228−0.295%$47K$199K10x
KuCoin ARBUSDTM+0.0100%8h0.2236+0.049%$20.6M$16.9M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2230−0.227%$39K$458K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2227−0.346%$480K$4.1M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2231−0.179%$121K$297K50xas long as short
SunX ARB-USDT+0.0100%8h0.2227−0.358%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2235+0.018%$275K$1.2M50xas long as short
Phemex ARBUSDT+0.0100%8h0.22350.000%$5.2M$13.7M50xas long as short
BloFin ARB-USDT+0.0102%8h0.2227−0.362%$3.0M$3.3M75xas long as short
GMX ARB/USD [ARB-USDC]L +0.0154% / S −0.0018%1h0.2236+0.059%$848K150xas long as short
Coinbase International ARB-PERP-INTX+0.0288%1h0.2249+0.626%$504K$2.5M50xas long as short
Reya ARBRUSDPERP+0.0291%1h0.2234−0.052%$2K$69520xas long as short
RISEx ARB/USDC+0.0546%1h0.2231−0.184%$495K$2.8M10xas long as short
Backpack ARB_USDC_PERP+0.0557%1h0.2239+0.166%$1.1M$2.7M20xas long as short