Funding you earn now, next payment 16:00 UTC−0.0139%/8h= −15.2% APRnext payment −$1.39 per $10,000 · paid last 24h −0.041%
Price spread now: Orderly against SunX−0.046%7-day average −0.083% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.298%−$30 on $10k
+Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.046%, 7d avg −0.083%
=The price spread pays, funding is against you. Orderly is 0.037% dearer against SunX than usual: you sell high and buy low (spread −0.046% now, against its 7-day average of −0.083%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 22 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ARB-USDT | 0.2194 | 0.0100 | pay 0.0100% / 8h | 7h 35m | $2K | $1.1M | 30x |
| Short | Orderly PERP_ARB_USDC | 0.2193 | −0.0039 | pay 0.0039% / 8h | 7h 35m | $16K | $414K | 10x |
SunX ARB-USDT
Orderly PERP_ARB_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$29.16
- Price spread: −0.046% → −0.083%
- $3.74
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$39.42
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 7 min ago; Orderly: no order-book sample. Net counts fees only.
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, 7 min ago | 31.83 bp | 64.9 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1605% | 1h | 0.2183 | −0.501% | $39K | $372K | 12x | as long as short |
| SoDEX ARB-USD | −0.0218% | 1h | 0.2194 | 0.000% | $9K | $2.3M | 5x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0205% | 1h | 0.2195 | +0.050% | $28K | $38K | 25x | as long as short |
| Gate ARB_USDT | −0.0173% | 8h | 0.2195 | +0.046% | $5.4M | $18.1M | 60x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0168% | 1h | 0.2195 | +0.026% | $1.1M | $4.2M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0086% | 8h | 0.2194 | −0.014% | $22.3M | $145.7M | 50x | as long as short |
| MEXC ARB_USDT | −0.0084% | 8h | 0.2194 | 0.000% | $43.3M | $62.9M | 200x | as long as short |
| 01 Exchange ARBUSD | −0.0048% | 1h | 0.2196 | +0.087% | $7K | $236 | 10x | as long as short |
| Bybit ARBUSDT | −0.0047% | 8h | 0.2195 | +0.023% | $53.4M | $125.8M | 50x | as long as short |
| Orderly PERP_ARB_USDCshort | −0.0039% | 8h | 0.2193 | −0.046% | $16K | $414K | 10x |
Injective ARB/USDC PERP
SoDEX ARB-USD
Deribit ARB_USDC-PERPETUAL
Gate ARB_USDT
Kraken Futures PF_ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
01 Exchange ARBUSD
Bybit ARBUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2195 | +0.039% | $65K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2196 | +0.071% | $73K | — | 150x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2194 | −0.005% | $361K | $3.1M | 25x | as long as short |
| Binance ARBUSDT | +0.0017% | 8h | 0.2195 | +0.053% | $63.4M | $298.9M | 75x | as long as short |
| Variational Omni ARB | +0.0028% | 8h | 0.2193 | −0.051% | $1.8M | $3.0M | — | as long as short |
| BloFin ARB-USDT | +0.0056% | 8h | 0.2194 | −0.014% | $3.0M | $2.3M | 75x | as long as short |
| Bitget ARBUSDT | +0.0069% | 8h | 0.2194 | 0.000% | $21.0M | $34.7M | 50x | as long as short |
| BingX ARB-USDT | +0.0072% | 8h | 0.2195 | +0.032% | — | $32.8M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2195 | +0.030% | $139K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2195 | +0.046% | $1.3M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2196 | +0.096% | $37.1M | $50.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2195 | +0.034% | $629K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2196 | +0.078% | $43K | $145K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2195 | +0.068% | $19.5M | $13.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2193 | −0.043% | $40K | $465K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2195 | +0.030% | $474K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2196 | +0.091% | $119K | $267K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2197 | +0.119% | $74K | $2.1M | 10x | as long as short |
| SunX ARB-USDTlong | +0.0100% | 8h | 0.2194 | long leg | $2K | $1.1M | 30x | |
| HTX ARB-USDT | +0.0100% | 8h | 0.2194 | −0.018% | $294K | $835K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2196 | +0.091% | $4.8M | $12.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0123% | 1h | 0.2196 | +0.096% | $531K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0199% | 1h | 0.2196 | +0.109% | $981K | $2.8M | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2195 | +0.053% | $828K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2193 | −0.024% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2195 | +0.046% | $526K | $1.5M | 50x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
Variational Omni ARB
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
RISEx ARB/USDC
Backpack ARB_USDC_PERP
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Coinbase International ARB-PERP-INTX