Funding you earn now, next payment 23:00 UTC+0.0243%/8h= +26.6% APRnext payment +$0.30 per $10,000 · paid last 24h +0.130%
Price spread now: Coinbase International against SoDEX+0.149%7-day average +0.163% · 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−$68as in the Price arb table
costs, in and out, $10k−$660.662% of the position
Funding, last 3 days (all we have)+0.303%+$30 on $10k
+Price spread, last 3 days (all we have)+0.053%+$5 · spread now +0.149%, 7d avg +0.163%
=The price spread sits at its 7-day average of +0.163%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX ARB-USD | 0.2277 | −0.0027 | get 0.0003% / 1h | 43m 31s | $4K | $2.6M | 5x |
| Short | Coinbase International ARB-PERP-INTX | 0.2280 | 0.0216 | get 0.0027% / 1h | 43m 31s | $512K | $2.3M | 50x |
SoDEX ARB-USD
Coinbase International ARB-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against SoDEX. 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
- $51.1
- Price spread: +0.149% → +0.163%
- −$1.38
- Slippage, 4 orders
- −$48.16
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$16.44
- Costs to cover
- 0.662%
- Break-even
- 9.3 days
Slippage from SoDEX: live order book, just now; Coinbase International: live order book, 5 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 SoDEX live order book, just now | 0.22 bp | 5.5 bp −$6 | 18.1 bp −$181 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 8.71 bp | 26.0 bp −$26 | 58.8 bp −$588 | 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 | −0.553% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0311% | 1h | 0.2271 | −0.264% | $78K | $2.0M | 10x | as long as short |
| Variational Omni ARB | −0.0182% | 8h | 0.2277 | +0.012% | $1.9M | $2.7M | — | as long as short |
| Bybit ARBUSDT | −0.0161% | 8h | 0.2271 | −0.268% | $58.4M | $129.3M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0152% | 1h | 0.2272 | −0.193% | $7K | $2K | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0112% | 8h | 0.2271 | −0.259% | $22.9M | $160.9M | 50x | as long as short |
| MEXC ARB_USDT | −0.0111% | 8h | 0.2274 | −0.114% | $38.4M | $59.5M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0040% | 8h | 0.2276 | −0.026% | $13K | $397K | 10x | as long as short |
| SoDEX ARB-USDlong | −0.0027% | 1h | 0.2277 | long leg | $4K | $2.6M | 5x | |
| Deribit ARB_USDC-PERPETUAL | −0.0013% | 1h | 0.2278 | +0.044% | $26K | $32K | 25x | 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
Orderly PERP_ARB_USDC
Deribit ARB_USDC-PERPETUALShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2276 | −0.040% | $67K | $4K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2272 | −0.187% | $363K | $2.3M | 25x | as long as short |
| Binance ARBUSDT | +0.0004% | 8h | 0.2272 | −0.189% | $66.5M | $314.9M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2279 | +0.105% | $56K | — | 150x | as long as short |
| BloFin ARB-USDT | +0.0007% | 8h | 0.2280 | +0.136% | $3.1M | $2.8M | 75x | as long as short |
| Gate ARB_USDT | +0.0022% | 8h | 0.2275 | −0.083% | $5.5M | $20.1M | 60x | as long as short |
| BingX ARB-USDT | +0.0068% | 8h | 0.2272 | −0.198% | — | $53.5M | — | as long as short |
| Bitget ARBUSDT | +0.0070% | 8h | 0.2271 | −0.246% | $21.5M | $36.7M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2279 | +0.087% | $149K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2278 | +0.057% | $1.4M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2279 | +0.123% | $41.4M | $48.0M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2275 | −0.079% | $708K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2277 | +0.009% | $48K | $187K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2277 | +0.013% | $19.8M | $16.3M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2277 | +0.008% | $40K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2276 | −0.035% | $485K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2277 | +0.018% | $123K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2282 | +0.237% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2278 | +0.083% | $293K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2279 | +0.105% | $5.3M | $13.2M | 50x | as long as short |
| Coinbase International ARB-PERP-INTXshort | +0.0216% | 1h | 0.2280 | +0.149% | $512K | $2.3M | 50x | |
| Kraken Futures PF_ARBUSD | +0.0235% | 1h | 0.2278 | +0.073% | $1.2M | $4.9M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2271 | −0.264% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0296% / S −0.0186% | 1h | 0.2279 | +0.095% | $931K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2274 | −0.123% | $502K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0483% | 1h | 0.2281 | +0.189% | $931K | $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
BingX ARB-USDT
Bitget ARBUSDT
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]
RISEx ARB/USDC
Backpack ARB_USDC_PERP