Funding you earn now, next payment 05:00 UTC−0.0169%/8h= −18.5% APRpaid last 24h −0.048%
Price spread now: Orderly against Pacifica−0.010%7-day average +0.005% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.291%−$29 on $10k
+Price spread, last 4 days (all we have)+0.857%+$86 · spread now −0.010%, 7d avg +0.005%
=Together, before fees+0.566%+ Points / potential airdropPacifica: Active · farm board+$57 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: −$5 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 | 0.2193 | 0.0100 | pay 0.0013% / 1h | 28m 27s | $42K | $159K | 10x |
| Short | Orderly PERP_ARB_USDC | 0.2193 | −0.0069 | pay 0.0069% / 8h | 3h 28m | $12K | $408K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$35.53
- Price spread: −0.010% → +0.005%
- −$1.46
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$50.98
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 24 min ago; Orderly: no order-book sample. Net counts fees only.
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, 24 min ago | 7.28 bp | 11.9 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1589% | 1h | 0.2188 | −0.238% | $39K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0165% | 1h | 0.2191 | −0.097% | $69K | $2.1M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0104% | 8h | 0.2191 | −0.083% | $22.1M | $142.5M | 50x | as long as short |
| MEXC ARB_USDT | −0.0104% | 8h | 0.2191 | −0.092% | $41.7M | $60.6M | 200x | as long as short |
| Variational Omni ARB | −0.0098% | 8h | 0.2197 | +0.184% | $1.8M | $2.9M | — | as long as short |
| Orderly PERP_ARB_USDCshort | −0.0069% | 8h | 0.2193 | −0.010% | $12K | $408K | 10x | |
| Bybit ARBUSDT | −0.0058% | 8h | 0.2191 | −0.110% | $55.4M | $123.4M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0050% | 1h | 0.2194 | +0.021% | $1.1M | $4.4M | 50x | as long as short |
| Gate ARB_USDT | −0.0013% | 8h | 0.2193 | −0.033% | $5.3M | $18.1M | 60x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2194 | +0.047% | $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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ARBUSD | 0.0000% | 1h | 0.2193 | −0.024% | $7K | $2K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2193 | +0.013% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2194 | +0.038% | $32K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0047% | 8h | 0.2192 | −0.052% | $63.9M | $299.3M | 75x | as long as short |
| Extended ARB-USD | +0.0048% | 1h | 0.2191 | −0.102% | $349K | $2.5M | 25x | as long as short |
| Bitget ARBUSDT | +0.0054% | 8h | 0.2191 | −0.101% | $20.8M | $33.9M | 50x | as long as short |
| BingX ARB-USDT | +0.0056% | 8h | 0.2192 | −0.056% | — | $53.6M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2193 | −0.001% | $1.3M | $5.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2194 | +0.051% | $139K | $7K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2193 | +0.004% | $37.4M | $48.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2194 | +0.036% | $631K | $1.5M | 20x | as long as short |
| Pacifica ARBlong | +0.0100% | 1h | 0.2193 | long leg | $42K | $159K | 10x | |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2194 | +0.031% | $19.6M | $14.6M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2196 | +0.123% | $39K | $465K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2197 | +0.188% | $473K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2198 | +0.218% | $119K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2195 | +0.081% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2194 | +0.022% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2195 | +0.090% | $298K | $884K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2194 | +0.036% | $4.9M | $12.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0118% | 1h | 0.2193 | −0.017% | $470K | $2.6M | 10x | as long as short |
| BloFin ARB-USDT | +0.0165% | 8h | 0.2193 | −0.001% | $3.1M | $2.5M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0256% | 1h | 0.2198 | +0.218% | $496K | $1.6M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2194 | +0.046% | $828K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2190 | −0.133% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0567% | 1h | 0.2196 | +0.127% | $987K | $2.8M | 20x | as long as short |
Pacifica ARB
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
Gate ARB_USDT
01 Exchange ARBUSD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
Bitget ARBUSDT
BingX ARB-USDT
Lighter ARB
Hyperliquid 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
RISEx ARB/USDC
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP