Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0366%/8h= −40.1% APRpaid last 24h −0.025%

Price spread now: HTX against RISEx−0.013%7-day average −0.034% · 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−$70as in the Price arb table

costs, in and out, $10k−$720.718% of the position

Long on RISEx Short on HTX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.268%−$27 on $10k

Price spread, last 3 days (all we have)+0.302%+$30 · spread now −0.013%, 7d avg −0.034%

Together, before fees+0.034%+$3 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.020% dearer against RISEx than usual: you sell high and buy low (spread −0.013% now, against its 7-day average of −0.034%): +$2 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 4 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx ARB/USDC	0.2224	0.0466	pay 0.0058% / 1h	34m 45s	$463K	$2.6M	10x
Short	HTX ARB-USDT	0.2224	0.0100	get 0.0100% / 8h	6h 34m	$297K	$1.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against RISEx. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee RISExbpFee HTXbpOrdersPrice spread, now −0.013%Rate

Funding earned: −$76.9
Price spread: −0.013% → −0.034%: $2.01
Slippage, 4 orders: −$53.77
Fee RISEx: 3 bp × 2 orders: −$6
Fee HTX: 6 bp × 2 orders: −$12
Net: −$146.66
Costs to cover: 0.718%
Break-even: never at this rate

Slippage from RISEx: live order book, 4 min ago; HTX: live order book, 4 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, 4 min ago	1.13 bp	4.2 bp −$4	20.7 bp −$207	doesn't fit	doesn't fit
Sell HTX live order book, 4 min ago	8.79 bp	17.3 bp −$17	doesn't fit	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	−0.1692%	1h	0.2216	−0.373%	$40K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0232%	1h	0.2224	−0.027%	$7K	$2K	10x	as long as short
SoDEX ARB-USD	−0.0185%	1h	0.2226	+0.063%	$10K	$2.5M	5x	as long as short
Variational Omni ARB	−0.0176%	8h	0.2226	+0.095%	$1.9M	$2.9M	—	as long as short
ApeX Omni ARBUSDT	−0.0155%	1h	0.2222	−0.103%	$120K	$296K	50x	as long as short
OKX ARB-USDT-SWAP	−0.0111%	8h	0.2222	−0.121%	$22.4M	$157.6M	50x	as long as short
MEXC ARB_USDT	−0.0110%	8h	0.2222	−0.090%	$36.9M	$59.1M	200x	as long as short
Orderly PERP_ARB_USDC	−0.0058%	8h	0.2226	+0.076%	$13K	$381K	10x	as long as short
Bybit ARBUSDT	−0.0056%	8h	0.2223	−0.076%	$57.2M	$129.1M	50x	as long as short
Gate ARB_USDT	−0.0040%	8h	0.2223	−0.045%	$5.4M	$19.7M	60x	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	0.2225	+0.015%	$66K	$5K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2227	+0.108%	$25K	$34K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2226	+0.097%	$32K	—	150x	as long as short
Extended ARB-USD	+0.0008%	1h	0.2222	−0.111%	$355K	$2.5M	25x	as long as short
Binance ARBUSDT	+0.0008%	8h	0.2223	−0.055%	$64.9M	$318.5M	75x	as long as short
BloFin ARB-USDT	+0.0029%	8h	0.2212	−0.575%	$3.1M	$2.9M	75x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2227	+0.131%	$141K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2225	+0.009%	$1.2M	$7.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2227	+0.112%	$38.3M	$50.5M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2227	+0.104%	$663K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2225	+0.028%	$42K	$188K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2226	+0.058%	$19.7M	$15.8M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	0.2223	−0.058%	$21.2M	$36.2M	50x	as long as short
BingX ARB-USDC	+0.0100%	8h	0.2226	+0.063%	—	$6.5M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2221	−0.137%	$40K	$461K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2220	−0.187%	$472K	$3.6M	10x	as long as short
Polymarket Perps ARB-USD	+0.0100%	1h	0.2226	+0.058%	$76K	$2.1M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2224	−0.013%	$1K	$1.1M	30x	as long as short
HTX ARB-USDTshort	+0.0100%	8h	0.2224	−0.013%	$297K	$1.0M	50x
Phemex ARBUSDT	+0.0100%	8h	0.2225	+0.031%	$5.0M	$13.0M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0240%	1h	0.2227	+0.121%	$509K	$2.1M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2226	+0.083%	$831K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2224	−0.003%	$2K	$695	20x	as long as short
Kraken Futures PF_ARBUSD	+0.0310%	1h	0.2227	+0.125%	$1.1M	$4.8M	50x	as long as short
RISEx ARB/USDClong	+0.0466%	1h	0.2224	long leg	$463K	$2.6M	10x
Backpack ARB_USDC_PERP	+0.0559%	1h	0.2229	+0.229%	$1.0M	$2.9M	20x	as long as short