Funding you earn now, next payment 00:00 UTC−0.0027%/8h= −3.0% APRnext payment −$0.27 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against SunX−0.187%7-day average −0.152% · you buy dearer than you sell
Net, funding: paid 7d − costs−$203as in the Funding arb table
Net, price: spread back to 7d avg − costs−$201as in the Price arb table
costs, in and out, $10k−$1981.977% of the position
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 3 days (all we have)−2.407%−$241 · spread now −0.187%, 7d avg −0.152%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.035% cheaper against SunX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.152%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ARB-USDT | 0.2242 | 0.0100 | pay 0.0100% / 8h | 1h 18m | $2K | $1.1M | 30x |
| Short | BingX ARB-USDC | 0.2238 | 0.0073 | get 0.0073% / 8h | 1h 18m | — | $6.5M | — |
SunX ARB-USDT
BingX ARB-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against SunX. 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
- −$5.67
- Price spread: −0.187% → −0.152%
- −$3.54
- Slippage, 4 orders
- −$179.67
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$206.88
- Costs to cover
- 1.977%
- Break-even
- never at this rate
Slippage from SunX: live order book, 4 min ago; BingX: live order book, 7 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 SunX live order book, 4 min ago | 31.25 bp | 60.6 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 4.26 bp | 22.2 bp −$22 | 38.6 bp −$386 | 95.8 bp −$9,583 | 645.9 bp −$322.9K |
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 | −0.1770% | 1h | 0.2230 | −0.535% | $40K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0232% | 1h | 0.2239 | −0.125% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USD | −0.0198% | 1h | 0.2238 | −0.161% | $4K | $2.8M | 5x | as long as short |
| Variational Omni ARB | −0.0168% | 8h | 0.2238 | −0.166% | $1.9M | $2.7M | — | as long as short |
| Bybit ARBUSDT | −0.0146% | 8h | 0.2239 | −0.125% | $57.9M | $133.2M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0124% | 1h | 0.2240 | −0.112% | $73K | $2.0M | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0107% | 1h | 0.2241 | −0.031% | $26K | $32K | 25x | as long as short |
| MEXC ARB_USDT | −0.0101% | 8h | 0.2240 | −0.080% | $37.3M | $62.7M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0101% | 8h | 0.2240 | −0.098% | $22.5M | $160.9M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0037% | 8h | 0.2240 | −0.089% | $10K | $394K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
SoDEX ARB-USD
Variational Omni ARB
Bybit ARBUSDT
Polymarket Perps ARB-USD
Deribit ARB_USDC-PERPETUAL
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | −0.0008% | 8h | 0.2240 | −0.076% | $64.0M | $317.0M | 75x | as long as short |
| Extended ARB-USD | −0.0008% | 1h | 0.2239 | −0.129% | $356K | $2.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2239 | −0.115% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2242 | −0.019% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0033% | 8h | 0.2240 | −0.071% | $5.5M | $20.7M | 60x | as long as short |
| Bitget ARBUSDT | +0.0068% | 8h | 0.2239 | −0.134% | $21.0M | $37.3M | 50x | as long as short |
| BingX ARB-USDCshort | +0.0073% | 8h | 0.2238 | −0.187% | — | $6.5M | — | |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2242 | −0.015% | $147K | $12K | 3x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2240 | −0.072% | $1.1M | $5.1M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2241 | −0.045% | $1.3M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2243 | +0.054% | $40.1M | $50.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2240 | −0.073% | $696K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2239 | −0.116% | $44K | $193K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2241 | −0.031% | $20.7M | $16.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2239 | −0.119% | $40K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2240 | −0.088% | $486K | $3.9M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2240 | −0.089% | $121K | $295K | 50x | as long as short |
| SunX ARB-USDTlong | +0.0100% | 8h | 0.2242 | long leg | $2K | $1.1M | 30x | |
| HTX ARB-USDT | +0.0100% | 8h | 0.2240 | −0.085% | $276K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2240 | −0.089% | $5.2M | $13.4M | 50x | as long as short |
| BloFin ARB-USDT | +0.0112% | 8h | 0.2239 | −0.116% | $3.0M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2242 | 0.000% | $506K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0156% | 1h | 0.2242 | +0.002% | $841K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2239 | −0.123% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2241 | −0.022% | $495K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0624% | 1h | 0.2243 | +0.062% | $1.1M | $2.7M | 20x | as long as short |
Binance ARBUSDT
Extended ARB-USD
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Bitget ARBUSDT
Aevo ARB-PERP
Kraken Futures PF_ARBUSD
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP