Funding you earn now, next payment 23:00 UTC−0.2133%/8h= −233.5% APRnext payment −$2.67 per $10,000 · paid last 24h −0.536%
Price spread now: Injective against RISEx−0.842%7-day average −0.450% · 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−$152as in the Price arb table
costs, in and out, $10k−$1131.126% of the position
Funding, last 3 days (all we have)−2.053%−$205 on $10k
+Price spread, last 3 days (all we have)+1.235%+$124 · spread now −0.842%, 7d avg −0.450%
=Both sides work against this trade now: funding costs −$64 a day on $10k at the current rate, and Injective is 0.392% cheaper against RISEx than usual: you would sell low and buy high (−$39 if the spread goes back to its 7-day average of −0.450%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx ARB/USDC | 0.2237 | 0.0363 | pay 0.0045% / 1h | 44m 29s | $493K | $2.7M | 10x |
| Short | Injective ARB/USDC PERP | 0.2218 | −0.1770 | pay 0.0221% / 1h | 44m 29s | $40K | $283K | 12x |
RISEx ARB/USDC
Injective ARB/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$447.83
- Price spread: −0.842% → −0.450%
- −$39.24
- Slippage, 4 orders
- −$106.61
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$599.69
- Costs to cover
- 1.126%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 4 min ago; Injective: live order book, 39 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 | 2.02 bp | 5.0 bp −$5 | 17.3 bp −$173 | doesn't fit | doesn't fit |
| Sell Injective live order book, 39 min ago | 51.28 bp | 51.3 bp −$51 | 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 PERPshort | −0.1770% | 1h | 0.2218 | −0.842% | $40K | $283K | 12x | |
| 01 Exchange ARBUSD | −0.0232% | 1h | 0.2235 | −0.100% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0157% | 8h | 0.2228 | −0.393% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0137% | 8h | 0.2233 | −0.181% | $57.5M | $135.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0104% | 8h | 0.2234 | −0.136% | $36.5M | $62.2M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0103% | 8h | 0.2233 | −0.163% | $22.2M | $163.3M | 50x | as long as short |
| SoDEX ARB-USD | −0.0073% | 1h | 0.2232 | −0.212% | $4K | $2.8M | 5x | as long as short |
| Polymarket Perps ARB-USD | −0.0063% | 1h | 0.2233 | −0.154% | $76K | $2.2M | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0025% | 8h | 0.2233 | −0.172% | $10K | $394K | 10x | as long as short |
| Extended ARB-USD | −0.0016% | 1h | 0.2232 | −0.195% | $355K | $2.4M | 25x | as long as short |
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
MEXC ARB_USDT
OKX ARB-USDT-SWAP
SoDEX ARB-USD
Polymarket Perps ARB-USD
Orderly PERP_ARB_USDC
Extended ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | −0.0011% | 8h | 0.2234 | −0.123% | $63.7M | $322.6M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2234 | −0.113% | $66K | $4K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2233 | −0.167% | $26K | $32K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2235 | −0.082% | $55K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0023% | 8h | 0.2234 | −0.127% | $5.5M | $20.6M | 60x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2234 | −0.133% | $146K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0081% | 8h | 0.2234 | −0.127% | $20.9M | $38.0M | 50x | as long as short |
| BingX ARB-USDC | +0.0083% | 8h | 0.2231 | −0.239% | — | $6.5M | — | as long as short |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2235 | −0.085% | $1.1M | $5.2M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2234 | −0.140% | $1.3M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2236 | −0.046% | $39.9M | $52.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2233 | −0.165% | $694K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2234 | −0.147% | $44K | $197K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2235 | −0.087% | $20.6M | $16.9M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2228 | −0.377% | $36K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2230 | −0.321% | $480K | $4.0M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2229 | −0.350% | $121K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2233 | −0.172% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2233 | −0.158% | $276K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2232 | −0.216% | $5.2M | $13.5M | 50x | as long as short |
| BloFin ARB-USDT | +0.0108% | 8h | 0.2232 | −0.221% | $3.0M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2236 | −0.037% | $507K | $2.5M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2233 | −0.190% | $835K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2233 | −0.169% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDClong | +0.0363% | 1h | 0.2237 | long leg | $493K | $2.7M | 10x | |
| Backpack ARB_USDC_PERP | +0.0607% | 1h | 0.2236 | −0.051% | $1.1M | $2.7M | 20x | as long as short |
Binance ARBUSDT
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Aevo ARB-PERP
Bitget ARBUSDT
BingX ARB-USDC
Kraken Futures PF_ARBUSD
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
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP