Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against Phemex−0.566%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$760.762% of the position
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 3 days (all we have)−2.234%−$223 · spread now −0.566%, 7d avg −0.016%
=Together, before fees−2.119%+ Points / potential airdropedgeX: Active · farm board−$212 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.550% cheaper against Phemex than usual: you would sell low and buy high, −$55 on $10k if it goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ARBUSDT | 0.2256 | 0.0100 | pay 0.0100% / 8h | 3h 32m | $5.5M | $14.0M | 50x |
| Short | edgeX ARBUSDC | 0.2243 | 0.0100 | get 0.0050% / 4h | 3h 32m | $38K | $449K | 20x |
Phemex ARBUSDT
edgeX ARBUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Phemex. 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: −0.566% → −0.016%
- −$55.04
- Slippage, 4 orders
- −$55.18
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$131.22
- Costs to cover
- 0.762%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; edgeX: live order book, 16 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 Phemex live order book, 2 min ago | 8.88 bp | 18.7 bp −$19 | 33.2 bp −$332 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 16 min ago | 13.36 bp | 19.4 bp −$19 | 138.4 bp −$1,384 | 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 | −0.0803% | 1h | 0.2242 | −0.621% | $40K | $107K | 12x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0313% | 1h | 0.2253 | −0.145% | $1.2M | $5.2M | 50x | as long as short |
| Bybit ARBUSDT | −0.0302% | 8h | 0.2255 | −0.044% | $58.5M | $134.0M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0194% | 1h | 0.2251 | −0.204% | $37K | $18K | 25x | as long as short |
| Variational Omni ARB | −0.0187% | 8h | 0.2254 | −0.098% | $1.9M | $2.8M | — | as long as short |
| SoDEX ARB-USD | −0.0178% | 1h | 0.2250 | −0.279% | $5K | $2.9M | 5x | as long as short |
| ApeX Omni ARBUSDT | −0.0123% | 1h | 0.2260 | +0.177% | $124K | $275K | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0120% | 1h | 0.2255 | −0.035% | $7K | $2K | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0042% | 8h | 0.2255 | −0.044% | $23.2M | $166.6M | 50x | as long as short |
| MEXC ARB_USDT | −0.0041% | 8h | 0.2255 | −0.053% | $38.4M | $63.5M | 200x | as long as short |
Injective ARB/USDC PERP
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
Variational Omni ARB
SoDEX ARB-USD
ApeX Omni ARBUSDT
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2257 | +0.041% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2257 | +0.032% | $60K | — | 150x | as long as short |
| Orderly PERP_ARB_USDC | +0.0008% | 8h | 0.2252 | −0.177% | $10K | $385K | 10x | as long as short |
| Binance ARBUSDT | +0.0021% | 8h | 0.2255 | −0.037% | $64.1M | $323.3M | 75x | as long as short |
| Extended ARB-USD | +0.0024% | 1h | 0.2253 | −0.118% | $358K | $2.5M | 25x | as long as short |
| Polymarket Perps ARB-USD | +0.0036% | 1h | 0.2255 | −0.027% | $71K | $2.3M | 10x | as long as short |
| Gate ARB_USDT | +0.0061% | 8h | 0.2255 | −0.040% | $5.5M | $21.8M | 60x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2252 | −0.180% | $147K | $12K | 3x | as long as short |
| BloFin ARB-USDT | +0.0093% | 8h | 0.2253 | −0.115% | $3.0M | $3.3M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2257 | +0.058% | $1.4M | $7.7M | 15x | as long as short |
| Bitget ARBUSDT | +0.0096% | 8h | 0.2254 | −0.089% | $21.2M | $38.9M | 50x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2258 | +0.084% | $41.0M | $52.5M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2255 | −0.022% | $709K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2257 | +0.041% | $51K | $203K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2257 | +0.058% | $20.8M | $17.3M | 75x | as long as short |
| BingX ARB-USDT | +0.0100% | 8h | 0.2255 | −0.058% | — | $53.9M | — | as long as short |
| edgeX ARBUSDCshort | +0.0100% | 4h | 0.2243 | −0.566% | $38K | $449K | 20x | |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2244 | −0.531% | $482K | $4.2M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2253 | −0.133% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2254 | −0.075% | $276K | $1.2M | 50x | as long as short |
| Phemex ARBUSDTlong | +0.0100% | 8h | 0.2256 | long leg | $5.5M | $14.0M | 50x | |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0169% | 1h | 0.2256 | +0.001% | $830K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2255 | −0.064% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0312% | 1h | 0.2254 | −0.098% | $507K | $2.5M | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0471% | 1h | 0.2259 | +0.137% | $1.1M | $2.9M | 20x | as long as short |
| RISEx ARB/USDC | +0.0621% | 1h | 0.2258 | +0.086% | $530K | $2.9M | 10x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Orderly PERP_ARB_USDC
Binance ARBUSDT
Extended ARB-USD
Polymarket Perps ARB-USD
Gate ARB_USDT
Aevo ARB-PERP
BloFin ARB-USDT
Lighter ARB
Bitget ARBUSDT
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
BingX ARB-USDT
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP
RISEx ARB/USDC