ARB

Alert

Funding spread now, next payment 00:00 UTC−0.0123%/8h

next payment, per $10,000−$1.23paid, last 24h−0.049%paid, last 5 days−0.102%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex ARBUSDT	0.2330	0.0100	pay 0.0100% / 8h	7h 47m	$5.8M	$14.5M	50x
Short	Orderly PERP_ARB_USDC	0.2331	−0.0023	pay 0.0023% / 8h	7h 47m	$11K	$355K	10x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee PhemexbpFee OrderlybpOrdersRate

Funding earned: −$25.73
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$43.73
Break-even: never at this rate

Slippage unknown: Phemex: live order book, 3 min ago; Orderly: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.043%
Avg gap 7d: −0.008%

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, 3 min ago	10.74 bp	18.2 bp −$18	34.9 bp −$349	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 35 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective ARB/USDC PERP	−0.1401%	1h	$60K	$204K	12x	as long as short
Kraken Futures PF_ARBUSD	−0.0197%	1h	$1.1M	$4.8M	50x	as long as short
01 Exchange ARBUSD	−0.0088%	1h	$7K	$2K	10x	as long as short
Orderly PERP_ARB_USDCshort	−0.0023%	8h	$11K	$355K	10x
Bybit ARBUSDT	−0.0014%	8h	$59.0M	$131.3M	50x	as long as short
dYdX ARB-USD	0.0000%	1h	$70K	$4K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	$41K	$16K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0007%	1h	$40K	—	150x	as long as short
SoDEX ARB-USD	+0.0021%	1h	$5K	$2.9M	5x	as long as short
MEXC ARB_USDT	+0.0021%	8h	$38.3M	$60.4M	200x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
OKX ARB-USDT-SWAP	+0.0021%	8h	$24.2M	$180.7M	50x	as long as short
Lighter ARB	+0.0096%	1h	$1.5M	$7.2M	15x	as long as short
Aster ARBUSDT	+0.0100%	8h	$720K	$2.1M	20x	as long as short
Pacifica ARB	+0.0100%	1h	$49K	$226K	10x	as long as short
Binance ARBUSDT	+0.0100%	8h	$66.6M	$324.8M	75x	as long as short
Gate ARB_USDT	+0.0100%	8h	$5.6M	$20.7M	60x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	$20.9M	$18.3M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	$21.7M	$39.5M	50x	as long as short
BingX ARB-USDT	+0.0100%	8h	—	$53.3M	—	as long as short
Variational Omni ARB	+0.0100%	8h	$1.9M	$3.3M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	$40K	$464K	20x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	$130K	$262K	50x	as long as short
Polymarket Perps ARB-USD	+0.0100%	1h	$69K	$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	$283K	$1.2M	50x	as long as short
Phemex ARBUSDTlong	+0.0100%	8h	$5.8M	$14.5M	50x
Extended ARB-USD	+0.0104%	1h	$377K	$2.4M	25x	as long as short
Aevo ARB-PERP	+0.0104%	1h	$156K	$9K	3x	as long as short
BloFin ARB-USDT	+0.0220%	8h	$3.2M	$3.3M	75x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0269% / S −0.0184%	1h	$752K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0292%	1h	$2K	$695	20x	as long as short
Hyperliquid ARB	+0.0438%	1h	$43.3M	$49.6M	10x	as long as short
RISEx ARB/USDC	+0.0449%	1h	$442K	$3.2M	10x	as long as short
Coinbase International ARB-PERP-INTX	+0.0464%	1h	$531K	$2.5M	50x	as long as short
Backpack ARB_USDC_PERP	+0.0806%	1h	$998K	$3.0M	20x	as long as short