Funding you earn now, next payment 00:00 UTC+0.0132%/8h= +14.5% APRpaid last 24h +0.078%
Price spread now: Coinbase International against SunX+0.134%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$2022.022% of the position
Funding, last 7 days+0.238%+$24 on $10k
+Price spread, last 3 days (all we have)−0.065%−$6 · spread now +0.134%, 7d avg +0.066%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.067% dearer against SunX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.066%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ARB-USDT | 0.2245 | 0.0100 | pay 0.0100% / 8h | 7h 31m | $2K | $1.1M | 30x |
| Short | Coinbase International ARB-PERP-INTX | 0.2248 | 0.0232 | get 0.0029% / 1h | 31m 35s | $506K | $2.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $27.72
- Price spread: +0.134% → +0.066%
- $6.72
- Slippage, 4 orders
- −$184.19
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$167.75
- Costs to cover
- 2.022%
- Break-even
- 49.4 days
Slippage from SunX: live order book, 1 min ago; Coinbase International: live order book, 2 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, 1 min ago | 31.11 bp | 63.5 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 8.90 bp | 19.3 bp −$19 | 35.7 bp −$357 | 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 | −0.1666% | 1h | 0.2237 | −0.356% | $40K | $372K | 12x | as long as short |
| Variational Omni ARB | −0.0212% | 8h | 0.2242 | −0.138% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0155% | 8h | 0.2251 | +0.249% | $58.1M | $126.4M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0151% | 1h | 0.2246 | +0.049% | $25K | $34K | 25x | as long as short |
| 01 Exchange ARBUSD | −0.0144% | 1h | 0.2250 | +0.241% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0138% | 1h | 0.2248 | +0.130% | $1.1M | $4.9M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0119% | 8h | 0.2251 | +0.290% | $22.6M | $156.6M | 50x | as long as short |
| MEXC ARB_USDT | −0.0118% | 8h | 0.2247 | +0.098% | $38.4M | $59.0M | 200x | as long as short |
| SoDEX ARB-USD | −0.0115% | 1h | 0.2246 | +0.036% | $4K | $2.5M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0046% | 8h | 0.2246 | +0.045% | $12K | $386K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ARB-USD | −0.0008% | 1h | 0.2249 | +0.183% | $361K | $3.6M | 25x | as long as short |
| Binance ARBUSDT | −0.0007% | 8h | 0.2251 | +0.282% | $66.3M | $309.8M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2247 | +0.109% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2247 | +0.074% | $32K | — | 150x | as long as short |
| BingX ARB-USDC | +0.0061% | 8h | 0.2247 | +0.102% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0070% | 8h | 0.2249 | +0.178% | $21.4M | $35.6M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2247 | +0.074% | $142K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2249 | +0.165% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2249 | +0.165% | $40.5M | $47.3M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2248 | +0.116% | $699K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2248 | +0.156% | $44K | $186K | 10x | as long as short |
| Gate ARB_USDT | +0.0100% | 8h | 0.2250 | +0.232% | $5.4M | $19.8M | 60x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2250 | +0.236% | $19.6M | $15.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2242 | −0.139% | $40K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2241 | −0.178% | $479K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2246 | +0.045% | $121K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2246 | +0.027% | $64K | $2.0M | 10x | as long as short |
| SunX ARB-USDTlong | +0.0100% | 8h | 0.2245 | long leg | $2K | $1.1M | 30x | |
| HTX ARB-USDT | +0.0100% | 8h | 0.2245 | +0.018% | $292K | $974K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2245 | 0.000% | $5.1M | $13.0M | 50x | as long as short |
| BloFin ARB-USDT | +0.0111% | 8h | 0.2246 | +0.049% | $3.1M | $2.8M | 75x | as long as short |
| Coinbase International ARB-PERP-INTXshort | +0.0232% | 1h | 0.2248 | +0.134% | $506K | $2.2M | 50x | |
| GMX ARB/USD [ARB-USDC] | L +0.0288% / S −0.0175% | 1h | 0.2247 | +0.079% | $889K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2244 | −0.023% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2252 | +0.318% | $514K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0482% | 1h | 0.2249 | +0.174% | $1.0M | $2.8M | 20x | as long as short |
SunX ARB-USDT
Coinbase International ARB-PERP-INTX
Injective ARB/USDC PERP
Variational Omni ARB
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Extended ARB-USD
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
BingX ARB-USDC
Bitget ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Gate ARB_USDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP