Funding spread now, next payment 00:00 UTC−0.0260%/8h
next payment, per $10,000−$2.60paid, last 24h0.000%paid, last 7 days+0.012%to open and close $10k−$73
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.012% in total (about 0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.60 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ARBUSDT | 0.2270 | 0.0100 | pay 0.0100% / 8h | 7h 15m | $5.5M | $14.3M | 50x |
| Short | Bybit ARBUSDT | 0.2269 | −0.0160 | pay 0.0160% / 8h | 7h 15m | $57.0M | $131.6M | 50x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$54.63
- Slippage, 4 orders
- −$49.6
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$127.23
- Break-even
- never at this rate
Slippage from Phemex: live order book, 5 min ago; Bybit: live order book, 5 min ago.
Price risk
price view- Price gap now
- −0.053%
- Avg gap 7d
- −0.055%
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phemex live order book, 5 min ago | 8.82 bp | 21.1 bp −$21 | 29.3 bp −$293 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.22 bp | 10.6 bp −$11 | 24.2 bp −$242 | 54.5 bp −$5,454 | doesn't fit |
ARB on 35 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1401% | 1h | $58K | $204K | 12x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0202% | 1h | $1.1M | $4.9M | 50x | as long as short |
| Bybit ARBUSDTshort | −0.0160% | 8h | $57.0M | $131.6M | 50x | |
| 01 Exchange ARBUSD | −0.0096% | 1h | $7K | $2K | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0085% | 1h | $67K | $2.5M | 10x | as long as short |
| SoDEX ARB-USD | −0.0023% | 1h | $5K | $2.9M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0005% | 8h | $10K | $369K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | $68K | $4K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | $40K | $16K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | $56K | — | 150x | as long as short |
Phemex ARBUSDT
Bybit ARBUSDT
Injective ARB/USDC PERP
Kraken Futures PF_ARBUSD
Polymarket Perps ARB-USD
SoDEX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Lighter ARB
Aster ARBUSDT
Pacifica ARB
Binance ARBUSDT
Gate ARB_USDT
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDC
Variational Omni ARB
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Extended ARB-USD
BloFin ARB-USDT
Hyperliquid ARB
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP