Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0070%/8h= −7.7% APRpaid last 24h −0.015%

Price spread now: Gate against Pacifica+0.086%7-day average −0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$680.676% of the position

Long on Pacifica Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.165%−$17 on $10k

Price spread, last 4 days (all we have)−0.465%−$47 · spread now +0.086%, 7d avg −0.033%

Together, before fees−0.631%+ Points / potential airdropPacifica: Active · farm board−$63 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.119% dearer against Pacifica than usual: you sell high and buy low (spread +0.086% now, against its 7-day average of −0.033%): +$12 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ARB	0.2290	0.0100	pay 0.0013% / 1h	51m 39s	$47K	$193K	10x
Short	Gate ARB_USDT	0.2292	0.0030	get 0.0030% / 8h	51m 39s	$5.5M	$20.0M	60x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.086%Rate

Funding earned: −$14.7
Price spread: +0.086% → −0.033%: $11.87
Slippage, 4 orders: −$44.57
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$70.4
Costs to cover: 0.676%
Break-even: never at this rate

Slippage from Pacifica: live order book, 26 min ago; Gate: live order book, 2 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, 26 min ago	6.25 bp	10.5 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	1.97 bp	17.0 bp −$17	22.0 bp −$220	99.1 bp −$9,908	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	−0.1785%	1h	0.2261	−1.268%	$41K	$372K	12x	as long as short
Polymarket Perps ARB-USD	−0.0209%	1h	0.2280	−0.455%	$78K	$2.0M	10x	as long as short
Variational Omni ARB	−0.0179%	8h	0.2263	−1.178%	$1.9M	$2.7M	—	as long as short
01 Exchange ARBUSD	−0.0176%	1h	0.2293	+0.117%	$7K	$2K	10x	as long as short
Bybit ARBUSDT	−0.0158%	8h	0.2291	+0.042%	$59.4M	$129.4M	50x	as long as short
OKX ARB-USDT-SWAP	−0.0101%	8h	0.2291	+0.038%	$23.0M	$161.8M	50x	as long as short
MEXC ARB_USDT	−0.0101%	8h	0.2291	+0.042%	$38.0M	$59.2M	200x	as long as short
Orderly PERP_ARB_USDC	−0.0040%	8h	0.2281	−0.394%	$13K	$398K	10x	as long as short
SoDEX ARB-USD	−0.0030%	1h	0.2281	−0.386%	$4K	$2.7M	5x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2292	+0.068%	$68K	$4K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended ARB-USD	0.0000%	1h	0.2291	+0.041%	$363K	$2.3M	25x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2282	−0.346%	$26K	$32K	25x	as long as short
Binance ARBUSDT	+0.0004%	8h	0.2290	−0.009%	$66.0M	$314.1M	75x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2282	−0.369%	$57K	—	150x	as long as short
BloFin ARB-USDT	+0.0009%	8h	0.2287	−0.145%	$3.1M	$2.7M	75x	as long as short
Gate ARB_USDTshort	+0.0030%	8h	0.2292	+0.086%	$5.5M	$20.0M	60x
Bitget ARBUSDT	+0.0067%	8h	0.2292	+0.086%	$21.7M	$36.7M	50x	as long as short
BingX ARB-USDT	+0.0067%	8h	0.2291	+0.051%	—	$53.3M	—	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2283	−0.303%	$149K	$12K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2291	+0.025%	$1.4M	$7.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2292	+0.090%	$41.5M	$47.8M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2284	−0.266%	$711K	$1.6M	20x	as long as short
Pacifica ARBlong	+0.0100%	1h	0.2290	long leg	$47K	$193K	10x
KuCoin ARBUSDTM	+0.0100%	8h	0.2289	−0.054%	$20.1M	$16.3M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2269	−0.916%	$40K	$461K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2270	−0.875%	$493K	$3.7M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2265	−1.093%	$122K	$295K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2285	−0.220%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2282	−0.342%	$292K	$1.1M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2282	−0.351%	$5.3M	$13.3M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0216%	1h	0.2280	−0.438%	$512K	$2.3M	50x	as long as short
Kraken Futures PF_ARBUSD	+0.0234%	1h	0.2282	−0.351%	$1.1M	$4.9M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0274% / S −0.0157%	1h	0.2281	−0.393%	$855K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2280	−0.431%	$2K	$695	20x	as long as short
RISEx ARB/USDC	+0.0330%	1h	0.2295	+0.221%	$558K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0560%	1h	0.2285	−0.233%	$899K	$2.8M	20x	as long as short