Funding you earn now, next payment 07:00 UTC−0.0217%/8h= −23.7% APRnext payment −$0.27 per $10,000 · paid last 24h −0.075%
Price spread now: Extended against Reya−0.071%68s7-day average — · you buy dearer than you sell
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
=Together, before fees—+ Points / potential airdropReya: Active · Extended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Extended is 0.071% cheaper against Reya than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya ARBRUSDPERP | 0.2202 | 0.0289 | pay 0.0036% / 1h | 28m 10s | $2K | $695 | 20x |
| Short | Extended ARB-USD | 0.2200 | 0.0072 | get 0.0009% / 1h | 28m 10s | $352K | $2.8M | 25x |
Reya ARBRUSDPERP
Extended ARB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$45.49
- Price spread: −0.071% → 0.000%
- −$7.14
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$63.62
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Extended: live order book, 6 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 Extended live order book, 6 min ago | 15.90 bp | 18.4 bp −$18 | 79.4 bp −$794 | 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 | −0.1592% | 1h | 0.2196 | −0.275% | $40K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0212% | 1h | 0.2201 | −0.043% | $67K | $2.1M | 10x | as long as short |
| 01 Exchange ARBUSD | −0.0112% | 1h | 0.2201 | −0.039% | $7K | $236 | 10x | as long as short |
| SoDEX ARB-USD | −0.0099% | 1h | 0.2201 | −0.057% | $9K | $2.2M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0083% | 8h | 0.2200 | −0.071% | $22.1M | $145.6M | 50x | as long as short |
| MEXC ARB_USDT | −0.0082% | 8h | 0.2201 | −0.066% | $41.6M | $61.9M | 200x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0068% | 1h | 0.2201 | −0.034% | $28K | $38K | 25x | as long as short |
| Variational Omni ARB | −0.0056% | 8h | 0.2205 | +0.132% | $1.8M | $3.0M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0042% | 8h | 0.2202 | −0.002% | $12K | $406K | 10x | as long as short |
| Bybit ARBUSDT | −0.0014% | 8h | 0.2201 | −0.057% | $54.1M | $126.5M | 50x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
01 Exchange ARBUSD
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
Variational Omni ARB
Orderly PERP_ARB_USDC
Bybit ARBUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2206 | +0.171% | $65K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2203 | +0.021% | $44K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0039% | 8h | 0.2201 | −0.039% | $5.4M | $18.4M | 60x | as long as short |
| RISEx ARB/USDC | +0.0056% | 1h | 0.2202 | −0.009% | $473K | $2.6M | 10x | as long as short |
| Bitget ARBUSDT | +0.0061% | 8h | 0.2201 | −0.048% | $21.2M | $34.7M | 50x | as long as short |
| Extended ARB-USDshort | +0.0072% | 1h | 0.2200 | −0.071% | $352K | $2.8M | 25x | |
| Binance ARBUSDT | +0.0073% | 8h | 0.2201 | −0.066% | $62.8M | $301.8M | 75x | as long as short |
| BingX ARB-USDC | +0.0083% | 8h | 0.2202 | −0.021% | — | $6.5M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2201 | −0.039% | $1.2M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2204 | +0.070% | $37.2M | $49.5M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2203 | +0.020% | $632K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2202 | +0.019% | $43K | $149K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2201 | −0.039% | $19.5M | $14.3M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2204 | +0.109% | $39K | $465K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2206 | +0.178% | $479K | $3.7M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2204 | +0.088% | $119K | $281K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2203 | +0.043% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2201 | −0.043% | $294K | $866K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2202 | −0.002% | $4.9M | $12.8M | 50x | as long as short |
| Aevo ARB-PERP | +0.0104% | 1h | 0.2202 | −0.002% | $140K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0196% | 8h | 0.2202 | +0.011% | $3.1M | $2.3M | 75x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0231% | 1h | 0.2204 | +0.080% | $1.1M | $4.4M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2202 | −0.015% | $831K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2208 | +0.284% | $526K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERPlong | +0.0289% | 1h | 0.2202 | long leg | $2K | $695 | 20x | |
| Backpack ARB_USDC_PERP | +0.0626% | 1h | 0.2206 | +0.166% | $991K | $2.8M | 20x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
RISEx ARB/USDC
Bitget ARBUSDT
Binance ARBUSDT
BingX ARB-USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Aevo ARB-PERP
BloFin ARB-USDT
Kraken Futures PF_ARBUSD
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP