ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0658%/8h= −72.1% APRnext payment −$0.82 per $10,000 · paid last 24h −0.078%

Price spread now: SoDEX against RISEx+0.135%7-day average −0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$2as in the Price arb table

costs, in and out, $10k−$190.193% of the position

Long on RISEx Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.344%−$34 on $10k

Price spread, last 3 days (all we have)+0.224%+$22 · spread now +0.135%, 7d avg −0.034%

Together, before fees−0.120%−$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SoDEX is 0.169% dearer against RISEx than usual: you sell high and buy low (spread +0.135% now, against its 7-day average of −0.034%): +$17 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 21 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	35m 50s	$463K	$2.6M	10x
Short	SoDEX ARB-USD	0.2227	−0.0192	pay 0.0024% / 1h	35m 50s	$10K	$2.5M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.135%Rate

Funding earned: −$138.18
Price spread: +0.135% → −0.034%: $16.94
Slippage, 4 orders: −$5.3
Fee RISEx: 3 bp × 2 orders: −$6
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$140.54
Costs to cover: 0.193%
Break-even: never at this rate

Slippage from RISEx: live order book, 3 min ago; SoDEX: live order book, 3 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	1.13 bp	4.2 bp −$4	20.7 bp −$207	doesn't fit	doesn't fit
Sell SoDEX live order book, 3 min ago	0.22 bp	5.4 bp −$5	19.7 bp −$197	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	0.2207	−0.773%	$40K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0232%	1h	0.2222	−0.103%	$7K	$2K	10x	as long as short
SoDEX ARB-USDshort	−0.0192%	1h	0.2227	+0.135%	$10K	$2.5M	5x
Variational Omni ARB	−0.0176%	8h	0.2226	+0.100%	$1.9M	$2.9M	—	as long as short
ApeX Omni ARBUSDT	−0.0153%	1h	0.2223	−0.053%	$120K	$296K	50x	as long as short
OKX ARB-USDT-SWAP	−0.0109%	8h	0.2225	+0.059%	$22.5M	$158.1M	50x	as long as short
MEXC ARB_USDT	−0.0109%	8h	0.2227	+0.144%	$37.0M	$59.1M	200x	as long as short
Orderly PERP_ARB_USDC	−0.0057%	8h	0.2227	+0.126%	$13K	$381K	10x	as long as short
Bybit ARBUSDT	−0.0048%	8h	0.2226	+0.095%	$57.3M	$129.0M	50x	as long as short
Gate ARB_USDT	−0.0022%	8h	0.2228	+0.149%	$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	0.2222	−0.105%	$66K	$5K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2228	+0.180%	$25K	$34K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2228	+0.168%	$32K	—	150x	as long as short
Binance ARBUSDT	+0.0007%	8h	0.2228	+0.161%	$65.1M	$318.5M	75x	as long as short
Extended ARB-USD	+0.0008%	1h	0.2225	+0.050%	$355K	$2.5M	25x	as long as short
BloFin ARB-USDT	+0.0029%	8h	0.2212	−0.570%	$3.1M	$2.9M	75x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2228	+0.194%	$141K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2228	+0.194%	$1.2M	$7.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2230	+0.275%	$38.3M	$50.4M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2228	+0.194%	$664K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2222	−0.099%	$42K	$188K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2228	+0.189%	$19.7M	$15.8M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	0.2226	+0.081%	$21.3M	$36.3M	50x	as long as short
BingX ARB-USDT	+0.0100%	8h	0.2227	+0.135%	—	$54.6M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2221	−0.132%	$40K	$461K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2220	−0.182%	$472K	$3.6M	10x	as long as short
Polymarket Perps ARB-USD	+0.0100%	1h	0.2225	+0.028%	$92K	$2.1M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2222	−0.098%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2228	+0.149%	$297K	$1.0M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2227	+0.126%	$5.0M	$13.0M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0240%	1h	0.2227	+0.126%	$509K	$2.1M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2228	+0.168%	$831K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2223	−0.046%	$2K	$695	20x	as long as short
Kraken Futures PF_ARBUSD	+0.0310%	1h	0.2229	+0.196%	$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	+0.0545%	1h	0.2232	+0.351%	$1.0M	$2.9M	20x	as long as short