Funding you earn now, next payment 06:00 UTC−0.0185%/8h= −20.2% APRnext payment −$0.23 per $10,000 · paid last 24h −0.060%
Price spread now: Aevo against Reya+0.102%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Aevo is 0.102% dearer against Reya than usual: you sell high and buy low (spread +0.102% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 44 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya ARBRUSDPERP | 0.2220 | 0.0289 | pay 0.0036% / 1h | 2m 53s | $2K | $695 | 20x |
| Short | Aevo ARB-PERP | 0.2223 | 0.0104 | get 0.0013% / 1h | 2m 53s | $141K | $7K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Reya. 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
- −$38.8
- Price spread: +0.102% → 0.000%
- $10.25
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$50.55
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Aevo: live order book, 41 min ago. 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 Reya no order-book sample | — | — | — | — | — |
| Sell Aevo live order book, 41 min ago | 25.20 bp | 50.9 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
Reya: 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 | −0.1581% | 1h | 0.2213 | −0.329% | $40K | $372K | 12x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0200% | 1h | 0.2222 | +0.085% | $28K | $38K | 25x | as long as short |
| 01 Exchange ARBUSD | −0.0128% | 1h | 0.2223 | +0.134% | $7K | $236 | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0100% | 1h | 0.2221 | +0.022% | $76K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0083% | 8h | 0.2224 | +0.164% | $1.8M | $3.0M | — | as long as short |
| Kraken Futures PF_ARBUSD | −0.0073% | 1h | 0.2223 | +0.131% | $1.1M | $4.5M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0061% | 8h | 0.2223 | +0.103% | $22.2M | $146.9M | 50x | as long as short |
| MEXC ARB_USDT | −0.0058% | 8h | 0.2223 | +0.116% | $41.8M | $62.0M | 200x | as long as short |
| Bybit ARBUSDT | −0.0047% | 8h | 0.2224 | +0.170% | $54.7M | $126.7M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0044% | 8h | 0.2222 | +0.076% | $12K | $406K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2224 | +0.150% | $66K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2223 | +0.125% | $44K | — | 150x | as long as short |
| Bitget ARBUSDT | +0.0056% | 8h | 0.2223 | +0.121% | $21.3M | $34.8M | 50x | as long as short |
| Gate ARB_USDT | +0.0079% | 8h | 0.2223 | +0.121% | $5.5M | $18.4M | 60x | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2223 | +0.118% | $483K | $2.6M | 10x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2223 | +0.107% | $1.3M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2225 | +0.198% | $37.6M | $49.3M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2225 | +0.219% | $638K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2222 | +0.096% | $43K | $150K | 10x | as long as short |
| Binance ARBUSDT | +0.0100% | 8h | 0.2224 | +0.161% | $63.6M | $301.1M | 75x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2224 | +0.184% | $19.9M | $14.4M | 75x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2222 | +0.067% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2221 | +0.053% | $39K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2221 | +0.030% | $484K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2222 | +0.076% | $120K | $281K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2223 | +0.121% | $1K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2222 | +0.071% | $9K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2223 | +0.103% | $297K | $884K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2223 | +0.121% | $5.0M | $12.8M | 50x | as long as short |
| Extended ARB-USD | +0.0104% | 1h | 0.2223 | +0.103% | $354K | $2.8M | 25x | as long as short |
| Aevo ARB-PERPshort | +0.0104% | 1h | 0.2223 | +0.102% | $141K | $7K | 3x | |
| BloFin ARB-USDT | +0.0220% | 8h | 0.2221 | +0.044% | $3.0M | $2.4M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0159% | 1h | 0.2222 | +0.066% | $842K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2230 | +0.436% | $517K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERPlong | +0.0289% | 1h | 0.2220 | long leg | $2K | $695 | 20x | |
| Backpack ARB_USDC_PERP | +0.0740% | 1h | 0.2226 | +0.256% | $998K | $2.8M | 20x | as long as short |
Injective ARB/USDC PERP
Deribit ARB_USDC-PERPETUAL
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Variational Omni ARB
Kraken Futures PF_ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Bybit ARBUSDT
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
Gate ARB_USDT
RISEx ARB/USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Binance ARBUSDT
KuCoin ARBUSDTM
BingX ARB-USDC
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP