Funding you earn now, next payment 23:00 UTC−0.0114%/8h= −12.5% APRnext payment −$0.14 per $10,000 · paid last 24h +0.054%
Price spread now: Coinbase International against RISEx−0.133%7-day average +0.129% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$510.512% of the position
Funding, last 3 days (all we have)−0.051%−$5 on $10k
+Price spread, last 3 days (all we have)+0.810%+$81 · spread now −0.133%, 7d avg +0.129%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Coinbase International is 0.263% cheaper against RISEx than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.129%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx ARB/USDC | 0.2275 | 0.0330 | pay 0.0041% / 1h | 41m 22s | $503K | $2.7M | 10x |
| Short | Coinbase International ARB-PERP-INTX | 0.2272 | 0.0216 | get 0.0027% / 1h | 41m 22s | $510K | $2.3M | 50x |
RISEx ARB/USDC
Coinbase International ARB-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against RISEx. 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
- −$24.02
- Price spread: −0.133% → +0.129%
- −$26.25
- Slippage, 4 orders
- −$35.18
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$101.45
- Costs to cover
- 0.512%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 3 min ago; Coinbase International: live order book, 2 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 RISEx live order book, 3 min ago | 0.88 bp | 3.9 bp −$4 | 15.9 bp −$159 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 8.80 bp | 21.2 bp −$21 | 36.7 bp −$367 | 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 | −0.1785% | 1h | 0.2264 | −0.485% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0318% | 1h | 0.2272 | −0.129% | $78K | $2.0M | 10x | as long as short |
| Variational Omni ARB | −0.0182% | 8h | 0.2277 | +0.081% | $1.9M | $2.7M | — | as long as short |
| Bybit ARBUSDT | −0.0160% | 8h | 0.2273 | −0.072% | $58.5M | $129.1M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0152% | 1h | 0.2273 | −0.102% | $7K | $2K | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0114% | 8h | 0.2275 | −0.019% | $22.9M | $160.9M | 50x | as long as short |
| MEXC ARB_USDT | −0.0112% | 8h | 0.2273 | −0.107% | $38.3M | $59.6M | 200x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0102% | 1h | 0.2274 | −0.063% | $26K | $32K | 25x | as long as short |
| SoDEX ARB-USD | −0.0044% | 1h | 0.2272 | −0.120% | $4K | $2.6M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0041% | 8h | 0.2274 | −0.045% | $13K | $397K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
Variational Omni ARB
Bybit ARBUSDT
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
SoDEX ARB-USD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2274 | −0.028% | $67K | $4K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2273 | −0.107% | $363K | $2.3M | 25x | as long as short |
| Binance ARBUSDT | +0.0004% | 8h | 0.2273 | −0.094% | $66.5M | $314.6M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2275 | −0.018% | $56K | — | 150x | as long as short |
| BloFin ARB-USDT | +0.0015% | 8h | 0.2270 | −0.217% | $3.1M | $2.8M | 75x | as long as short |
| Gate ARB_USDT | +0.0021% | 8h | 0.2274 | −0.045% | $5.5M | $20.2M | 60x | as long as short |
| Bitget ARBUSDT | +0.0069% | 8h | 0.2272 | −0.133% | $21.4M | $36.3M | 50x | as long as short |
| BingX ARB-USDT | +0.0071% | 8h | 0.2273 | −0.098% | — | $53.5M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2276 | +0.030% | $149K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2276 | +0.030% | $1.4M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2276 | +0.052% | $41.4M | $48.0M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2273 | −0.085% | $708K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2275 | −0.001% | $48K | $187K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2274 | −0.045% | $19.8M | $16.3M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2277 | +0.077% | $40K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2272 | −0.133% | $485K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2277 | +0.087% | $123K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2274 | −0.045% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2273 | −0.098% | $293K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2273 | −0.089% | $5.2M | $13.2M | 50x | as long as short |
| Coinbase International ARB-PERP-INTXshort | +0.0216% | 1h | 0.2272 | −0.133% | $510K | $2.3M | 50x | |
| Kraken Futures PF_ARBUSD | +0.0235% | 1h | 0.2273 | −0.071% | $1.2M | $4.9M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2272 | −0.124% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0296% / S −0.0186% | 1h | 0.2274 | −0.026% | $929K | — | 150x | as long as short |
| RISEx ARB/USDClong | +0.0330% | 1h | 0.2275 | long leg | $503K | $2.7M | 10x | |
| Backpack ARB_USDC_PERP | +0.0454% | 1h | 0.2275 | +0.008% | $929K | $2.8M | 20x | as long as short |
dYdX ARB-USD
Extended ARB-USD
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
BloFin ARB-USDT
Gate ARB_USDT
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
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
Kraken Futures PF_ARBUSD
Reya ARBRUSDPERP
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP