Funding you earn now, next payment 00:00 UTC−0.0206%/8h= −22.6% APRnext payment −$2.06 per $10,000 · paid last 24h −0.034%
Price spread now: OKX against SunX−0.119%7-day average −0.143% · 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−$181as in the Price arb table
costs, in and out, $10k−$1831.830% of the position
Funding, last 7 days−0.199%−$20 on $10k
+Price spread, last 3 days (all we have)−0.613%−$61 · spread now −0.119%, 7d avg −0.143%
=The price spread pays, funding is against you. OKX is 0.024% dearer against SunX than usual: you sell high and buy low (spread −0.119% now, against its 7-day average of −0.143%): +$2 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.199% in total) that is about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ARB-USDT | 0.2267 | 0.0100 | pay 0.0100% / 8h | 19m 00s | $2K | $1.1M | 30x |
| Short | OKX ARB-USDT-SWAP | 0.2264 | −0.0106 | pay 0.0106% / 8h | 19m 00s | $22.8M | $159.6M | 50x |
SunX ARB-USDT
OKX ARB-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$43.3
- Price spread: −0.119% → −0.143%
- $2.42
- Slippage, 4 orders
- −$164.97
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$223.85
- Costs to cover
- 1.830%
- Break-even
- never at this rate
Slippage from SunX: live order book, 4 min ago; OKX: 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 SunX live order book, 4 min ago | 33.12 bp | 65.3 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.22 bp | 12.2 bp −$12 | 30.1 bp −$301 | 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 | 0.2257 | −0.441% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0264% | 1h | 0.2265 | −0.097% | $68K | $2.0M | 10x | as long as short |
| 01 Exchange ARBUSD | −0.0184% | 1h | 0.2264 | −0.146% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0180% | 8h | 0.2261 | −0.249% | $2.0M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0165% | 8h | 0.2264 | −0.150% | $58.4M | $128.4M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0147% | 1h | 0.2265 | −0.079% | $26K | $32K | 25x | as long as short |
| SoDEX ARB-USD | −0.0110% | 1h | 0.2265 | −0.101% | $4K | $2.6M | 5x | as long as short |
| MEXC ARB_USDT | −0.0107% | 8h | 0.2265 | −0.106% | $38.0M | $59.9M | 200x | as long as short |
| OKX ARB-USDT-SWAPshort | −0.0106% | 8h | 0.2264 | −0.119% | $22.8M | $159.6M | 50x | |
| Orderly PERP_ARB_USDC | −0.0038% | 8h | 0.2264 | −0.132% | $13K | $394K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
SoDEX ARB-USD
MEXC ARB_USDT
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ARB_USDT | −0.0003% | 8h | 0.2264 | −0.115% | $5.5M | $20.3M | 60x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2262 | −0.237% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2266 | −0.044% | $55K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0013% | 8h | 0.2264 | −0.113% | $66.7M | $313.8M | 75x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2263 | −0.157% | $361K | $2.3M | 25x | as long as short |
| BloFin ARB-USDT | +0.0051% | 8h | 0.2265 | −0.084% | $3.2M | $2.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0062% | 8h | 0.2264 | −0.132% | $21.4M | $36.0M | 50x | as long as short |
| BingX ARB-USDC | +0.0063% | 8h | 0.2265 | −0.097% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2266 | −0.059% | $148K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2267 | −0.013% | $1.4M | $7.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2267 | 0.000% | $40.8M | $47.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2266 | −0.056% | $706K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2263 | −0.184% | $47K | $184K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2265 | −0.088% | $19.7M | $16.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2259 | −0.347% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2259 | −0.367% | $483K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2262 | −0.221% | $122K | $296K | 50x | as long as short |
| SunX ARB-USDTlong | +0.0100% | 8h | 0.2267 | long leg | $2K | $1.1M | 30x | |
| HTX ARB-USDT | +0.0100% | 8h | 0.2265 | −0.097% | $291K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2265 | −0.088% | $5.2M | $13.1M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2263 | −0.199% | $511K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0236% | 1h | 0.2268 | +0.060% | $1.1M | $4.9M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2264 | −0.112% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0296% / S −0.0186% | 1h | 0.2266 | −0.044% | $926K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2266 | −0.022% | $515K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0468% | 1h | 0.2268 | +0.049% | $1.0M | $2.9M | 20x | as long as short |
Gate ARB_USDT
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDC
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
Kraken Futures PF_ARBUSD
Reya ARBRUSDPERP
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP