Funding you earn now, next payment 05:00 UTC−0.0078%/8h= −8.6% APRpaid last 24h −0.020%
Price spread now: Binance against Pacifica−0.024%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$410.410% of the position
Funding, last 7 days−0.139%−$14 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now −0.024%, 7d avg −0.016%
=Together, before fees−0.124%+ Points / potential airdropPacifica: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ARB | 0.2201 | 0.0100 | pay 0.0013% / 1h | 54m 28s | $42K | $163K | 10x |
| Short | Binance ARBUSDT | 0.2201 | 0.0022 | get 0.0022% / 8h | 3h 54m | $63.9M | $300.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Pacifica. 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
- −$16.41
- Price spread: −0.024% → −0.016%
- −$0.83
- Slippage, 4 orders
- −$22.99
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$58.24
- Costs to cover
- 0.410%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 63 min ago; Binance: live order book, 4 min ago.
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 Pacifica live order book, 63 min ago | 5.68 bp | 10.0 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.23 bp | 7.6 bp −$8 | 16.6 bp −$166 | 66.4 bp −$6,642 | doesn't fit |
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 | 0.2188 | −0.592% | $39K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0280% | 1h | 0.2198 | −0.115% | $81K | $2.1M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0116% | 8h | 0.2197 | −0.165% | $22.2M | $143.9M | 50x | as long as short |
| MEXC ARB_USDT | −0.0115% | 8h | 0.2198 | −0.124% | $42.2M | $60.2M | 200x | as long as short |
| Variational Omni ARB | −0.0097% | 8h | 0.2199 | −0.094% | $1.8M | $2.9M | — | as long as short |
| 01 Exchange ARBUSD | −0.0080% | 1h | 0.2200 | −0.029% | $7K | $2K | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0073% | 8h | 0.2204 | +0.135% | $12K | $403K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0050% | 1h | 0.2204 | +0.152% | $1.1M | $4.4M | 50x | as long as short |
| Bybit ARBUSDT | −0.0042% | 8h | 0.2197 | −0.179% | $55.3M | $124.2M | 50x | as long as short |
| Gate ARB_USDT | −0.0031% | 8h | 0.2201 | −0.020% | $5.3M | $18.0M | 60x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2202 | +0.024% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2205 | +0.171% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2204 | +0.155% | $32K | — | 150x | as long as short |
| Binance ARBUSDTshort | +0.0022% | 8h | 0.2201 | −0.024% | $63.9M | $300.3M | 75x | |
| Extended ARB-USD | +0.0024% | 1h | 0.2200 | −0.064% | $350K | $2.5M | 25x | as long as short |
| SoDEX ARB-USD | +0.0056% | 1h | 0.2203 | +0.099% | $10K | $2.2M | 5x | as long as short |
| Bitget ARBUSDT | +0.0060% | 8h | 0.2200 | −0.047% | $20.9M | $34.1M | 50x | as long as short |
| BingX ARB-USDT | +0.0061% | 8h | 0.2201 | −0.020% | — | $53.6M | — | as long as short |
| BloFin ARB-USDT | +0.0084% | 8h | 0.2203 | +0.099% | $3.1M | $2.5M | 75x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2205 | +0.181% | $140K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2201 | −0.006% | $1.2M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2199 | −0.101% | $37.7M | $48.3M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2202 | +0.059% | $634K | $1.6M | 20x | as long as short |
| Pacifica ARBlong | +0.0100% | 1h | 0.2201 | long leg | $42K | $163K | 10x | |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2199 | −0.074% | $19.6M | $14.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2200 | −0.061% | $38K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2201 | +0.011% | $467K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2199 | −0.092% | $119K | $284K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2206 | +0.226% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2205 | +0.162% | $299K | $900K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2203 | +0.090% | $5.0M | $12.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0118% | 1h | 0.2201 | −0.002% | $482K | $2.6M | 10x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0256% | 1h | 0.2202 | +0.044% | $492K | $1.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2204 | +0.120% | $831K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2197 | −0.179% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0587% | 1h | 0.2208 | +0.294% | $994K | $2.8M | 20x | as long as short |
Pacifica ARB
Binance ARBUSDT
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
Gate ARB_USDT
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Extended ARB-USD
SoDEX ARB-USD
Bitget ARBUSDT
BingX ARB-USDT
BloFin ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
RISEx ARB/USDC
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP