Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.052%
Price spread now: Hyperliquid against Pacifica+0.106%54s7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$460.456% of the position
Funding, last 7 days+0.129%+$13 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.106%, 7d avg +0.090%
=Together, before fees+0.112%+ Points / potential airdropPacifica: Active · Hyperliquid: Season 2 · farm board+$11 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ARB | 0.2183 | 0.0100 | pay 0.0013% / 1h | 22m 47s | $42K | $160K | 10x |
| Short | Hyperliquid ARB | 0.2185 | 0.0100 | get 0.0013% / 1h | 22m 47s | $36.5M | $48.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $0
- Price spread: +0.106% → +0.090%
- $1.67
- Slippage, 4 orders
- −$28.63
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$43.95
- Costs to cover
- 0.456%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 25 min ago; Hyperliquid: live order book, 11 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, 25 min ago | 7.80 bp | 12.8 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 0.23 bp | 7.6 bp −$8 | doesn't fit | 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 | −0.1581% | 1h | 0.2171 | −0.558% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0176% | 1h | 0.2180 | −0.136% | $7K | $236 | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0101% | 1h | 0.2182 | −0.077% | $78K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0096% | 8h | 0.2174 | −0.403% | $1.8M | $3.0M | — | as long as short |
| Bybit ARBUSDT | −0.0076% | 8h | 0.2183 | +0.001% | $54.6M | $124.2M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0075% | 1h | 0.2183 | −0.004% | $1.0M | $4.4M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0062% | 8h | 0.2185 | +0.060% | $21.6M | $143.1M | 50x | as long as short |
| MEXC ARB_USDT | −0.0062% | 8h | 0.2185 | +0.102% | $41.6M | $61.4M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0050% | 8h | 0.2182 | −0.054% | $12K | $409K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2184 | +0.044% | $65K | $5K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2182 | −0.031% | $23K | $33K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2183 | −0.007% | $44K | — | 150x | as long as short |
| Bitget ARBUSDT | +0.0055% | 8h | 0.2184 | +0.038% | $20.9M | $34.2M | 50x | as long as short |
| Gate ARB_USDT | +0.0075% | 8h | 0.2185 | +0.065% | $5.4M | $18.2M | 60x | as long as short |
| BingX ARB-USDT | +0.0081% | 8h | 0.2185 | +0.106% | — | $53.8M | — | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2181 | −0.104% | $443K | $2.6M | 10x | as long as short |
| Extended ARB-USD | +0.0088% | 1h | 0.2184 | +0.032% | $347K | $2.8M | 25x | as long as short |
| Binance ARBUSDT | +0.0090% | 8h | 0.2184 | +0.048% | $62.4M | $300.2M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2184 | +0.042% | $1.2M | $5.5M | 15x | as long as short |
| Hyperliquid ARBshort | +0.0100% | 1h | 0.2185 | +0.106% | $36.5M | $48.7M | 10x | |
| Aster ARBUSDT | +0.0100% | 8h | 0.2184 | +0.050% | $629K | $1.7M | 20x | as long as short |
| Pacifica ARBlong | +0.0100% | 1h | 0.2183 | long leg | $42K | $160K | 10x | |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2185 | +0.079% | $19.5M | $14.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2172 | −0.527% | $38K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2182 | −0.054% | $464K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2171 | −0.558% | $117K | $282K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2184 | +0.038% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2182 | −0.045% | $9K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2184 | +0.056% | $292K | $891K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2181 | −0.100% | $4.8M | $12.7M | 50x | as long as short |
| Aevo ARB-PERP | +0.0104% | 1h | 0.2183 | −0.008% | $138K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0208% | 8h | 0.2183 | −0.013% | $3.0M | $2.4M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0159% | 1h | 0.2183 | −0.023% | $826K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2184 | +0.038% | $506K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2181 | −0.084% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0694% | 1h | 0.2186 | +0.138% | $980K | $2.8M | 20x | as long as short |
Pacifica ARB
Hyperliquid ARB
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Variational Omni ARB
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
Gate ARB_USDT
BingX ARB-USDT
RISEx ARB/USDC
Extended ARB-USD
Binance ARBUSDT
Lighter ARB
Aster ARBUSDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP