ARB

Alert

Funding spread now, next payment 16:00 UTC−0.0195%/8h

paid, last 24h−0.051%paid, last 5 days−0.123%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex ARBUSDT	0.2321	0.0100	pay 0.0100% / 8h	41m 43s	$5.8M	$14.8M	50x
Short	Deribit ARB_USDC-PERPETUAL	0.2321	−0.0095	pay 0.0012% / 1h	41m 43s	$39K	$15K	25x

Funding history

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee PhemexbpFee DeribitbpOrdersRate

Funding earned: −$40.95
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$59.95
Break-even: never at this rate

Slippage unknown: Phemex: live order book, 4 min ago; Deribit: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.013%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Phemex live order book, 4 min ago	10.73 bp	27.9 bp −$28	41.6 bp −$416	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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 35 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective ARB/USDC PERP	−0.1425%	1h	$59K	$248K	12x	as long as short
Deribit ARB_USDC-PERPETUALshort	−0.0095%	1h	$39K	$15K	25x
SoDEX ARB-USD	−0.0084%	1h	$4K	$2.8M	5x	as long as short
Orderly PERP_ARB_USDC	−0.0026%	8h	$12K	$324K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	$70K	$4K	10x	as long as short
01 Exchange ARBUSD	0.0000%	1h	$7K	$3K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	$55K	—	150x	as long as short
ApeX Omni ARBUSDT	+0.0030%	1h	$131K	$263K	50x	as long as short
MEXC ARB_USDT	+0.0031%	8h	$34.6M	$59.5M	200x	as long as short
OKX ARB-USDT-SWAP	+0.0032%	8h	$24.3M	$180.2M	50x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
RISEx ARB/USDC	+0.0037%	1h	$423K	$3.3M	10x	as long as short
Lighter ARB	+0.0096%	1h	$1.7M	$7.2M	15x	as long as short
Aster ARBUSDT	+0.0100%	8h	$701K	$2.2M	20x	as long as short
Pacifica ARB	+0.0100%	1h	$48K	$233K	10x	as long as short
Binance ARBUSDT	+0.0100%	8h	$66.3M	$323.0M	75x	as long as short
Bybit ARBUSDT	+0.0100%	8h	$59.0M	$129.1M	50x	as long as short
Gate ARB_USDT	+0.0100%	8h	$6.0M	$20.5M	60x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	$20.2M	$18.6M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	$21.6M	$38.8M	50x	as long as short
BingX ARB-USDC	+0.0100%	8h	—	$6.5M	—	as long as short
Variational Omni ARB	+0.0100%	8h	$2.0M	$3.3M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	$40K	$465K	20x	as long as short
Polymarket Perps ARB-USD	+0.0100%	1h	$62K	$2.5M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	$286K	$1.2M	50x	as long as short
Phemex ARBUSDTlong	+0.0100%	8h	$5.8M	$14.8M	50x
Extended ARB-USD	+0.0104%	1h	$377K	$2.4M	25x	as long as short
Aevo ARB-PERP	+0.0104%	1h	$155K	$9K	3x	as long as short
BloFin ARB-USDT	+0.0220%	8h	$3.3M	$3.3M	75x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0260% / S −0.0172%	1h	$741K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0292%	1h	$3K	—	20x	as long as short
Kraken Futures PF_ARBUSD	+0.0437%	1h	$1.3M	$4.7M	50x	as long as short
Hyperliquid ARB	+0.0487%	1h	$43.9M	$48.2M	10x	as long as short
Coinbase International ARB-PERP-INTX	+0.0520%	1h	$528K	$2.5M	50x	as long as short
Backpack ARB_USDC_PERP	+0.0730%	1h	$985K	$3.1M	20x	as long as short