Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0085%/8h= −9.3% APRpaid last 24h +0.016%

Price spread now: BloFin against Pacifica+0.064%7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$530.531% of the position

Long on Pacifica Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.042%+$4 on $10k

Price spread, last 4 days (all we have)+2.243%+$224 · spread now +0.064%, 7d avg −0.006%

Together, before fees+2.285%+ Points / potential airdropPacifica: Active · farm board+$228 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.070% dearer against Pacifica than usual: you sell high and buy low (spread +0.064% now, against its 7-day average of −0.006%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ARB	0.2204	0.0100	pay 0.0013% / 1h	58m 31s	$44K	$144K	10x
Short	BloFin ARB-USDT	0.2205	0.0015	get 0.0015% / 8h	6h 58m	$3.0M	$2.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Pacifica. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

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

Profit calculator

Position, each leg$Hold fordaysFee PacificabpFee BloFinbpOrdersPrice spread, now +0.064%Rate

Funding earned: −$17.89
Price spread: +0.064% → −0.006%: $7
Slippage, 4 orders: −$33.07
Fee Pacifica: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$63.97
Costs to cover: 0.531%
Break-even: never at this rate

Slippage from Pacifica: live order book, 34 min ago; BloFin: live order book, 5 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, 34 min ago	7.09 bp	19.1 bp −$19	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 5 min ago	0.45 bp	10.5 bp −$11	18.5 bp −$185	doesn't fit	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	−0.1631%	1h	0.2222	+0.826%	$40K	$372K	12x	as long as short
Kraken Futures PF_ARBUSD	−0.0388%	1h	0.2206	+0.118%	$1.1M	$4.3M	50x	as long as short
01 Exchange ARBUSD	−0.0360%	1h	0.2200	−0.172%	$7K	$458	10x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0249%	1h	0.2203	−0.014%	$28K	$37K	25x	as long as short
SoDEX ARB-USD	−0.0140%	1h	0.2204	+0.005%	$9K	$2.2M	5x	as long as short
OKX ARB-USDT-SWAP	−0.0119%	8h	0.2201	−0.145%	$22.5M	$146.0M	50x	as long as short
MEXC ARB_USDT	−0.0117%	8h	0.2200	−0.150%	$43.2M	$62.7M	200x	as long as short
Gate ARB_USDT	−0.0064%	8h	0.2201	−0.123%	$5.4M	$17.6M	60x	as long as short
Orderly PERP_ARB_USDC	−0.0032%	8h	0.2202	−0.082%	$16K	$410K	10x	as long as short
Bybit ARBUSDT	−0.0021%	8h	0.2201	−0.141%	$53.9M	$124.4M	50x	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	0.2203	−0.056%	$64K	$4K	10x	as long as short
Extended ARB-USD	0.0000%	1h	0.2200	−0.174%	$364K	$3.0M	25x	as long as short
Binance ARBUSDT	+0.0001%	8h	0.2202	−0.104%	$63.8M	$297.6M	75x	as long as short
Phemex ARBUSDT	+0.0003%	8h	0.2207	+0.145%	$4.8M	$12.8M	50x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2211	+0.327%	$73K	—	150x	as long as short
BloFin ARB-USDTshort	+0.0015%	8h	0.2205	+0.064%	$3.0M	$2.3M	75x
Variational Omni ARB	+0.0024%	8h	0.2210	+0.270%	$1.8M	$3.0M	—	as long as short
BingX ARB-USDT	+0.0052%	8h	0.2201	−0.109%	—	$32.6M	—	as long as short
Bitget ARBUSDT	+0.0056%	8h	0.2201	−0.127%	$21.1M	$34.7M	50x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2205	+0.039%	$140K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2203	−0.059%	$1.2M	$5.5M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2204	+0.009%	$35.8M	$51.7M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2203	−0.018%	$630K	$1.7M	20x	as long as short
Pacifica ARBlong	+0.0100%	1h	0.2204	long leg	$44K	$144K	10x
KuCoin ARBUSDTM	+0.0100%	8h	0.2202	−0.073%	$19.1M	$13.9M	75x	as long as short
Backpack ARB_USDC_PERP	+0.0100%	1h	0.2207	+0.136%	$986K	$2.7M	20x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2215	+0.496%	$40K	$468K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2216	+0.553%	$474K	$3.5M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2215	+0.508%	$120K	$290K	50x	as long as short
Polymarket Perps ARB-USD	+0.0100%	1h	0.2202	−0.082%	$74K	$2.0M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2210	+0.281%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2208	+0.177%	$296K	$826K	50x	as long as short
RISEx ARB/USDC	+0.0198%	1h	0.2203	−0.041%	$540K	$2.6M	10x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0159%	1h	0.2216	+0.544%	$838K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0288%	1h	0.2204	+0.025%	$2K	$695	20x	as long as short
Coinbase International ARB-PERP-INTX	+0.0408%	1h	0.2221	+0.799%	$532K	$1.5M	50x	as long as short