Settings8H · net · $10k
Funding arb · Price arb /

ARB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0028%/8h= −3.0% APRpaid last 24h +0.007%
Price spread now: dYdX against Variational Omni−0.152%53s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and dYdX is 0.152% cheaper against Variational Omni than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ARB0.21930.0028pay 0.0028% / 8h7h 31m$1.8M$3.0M
ShortdYdX ARB-USD0.21900get 0.0000% / 1h31m 55s$64K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$5.81
Price spread: −0.152% → 0.000%
−$15.22
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$31.04
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; dYdX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 2 min ago4.56 bpdoesn't fit18.2 bp −$182doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1605%1h0.2183−0.451%$39K$372K12xas long as short
Deribit ARB_USDC-PERPETUAL−0.0253%1h0.2186−0.310%$28K$38K25xas long as short
SoDEX ARB-USD−0.0248%1h0.2185−0.337%$9K$2.3M5xas long as short
Gate ARB_USDT−0.0179%8h0.2186−0.323%$5.4M$18.1M60xas long as short
Kraken Futures PF_ARBUSD−0.0169%1h0.2187−0.260%$1.1M$4.2M50xas long as short
OKX ARB-USDT-SWAP−0.0093%8h0.2185−0.373%$22.2M$145.0M50xas long as short
MEXC ARB_USDT−0.0090%8h0.2185−0.355%$43.3M$63.0M200xas long as short
01 Exchange ARBUSD−0.0056%1h0.2187−0.255%$7K$22310xas long as short
Bybit ARBUSDT−0.0049%8h0.2185−0.351%$53.2M$125.7M50xas long as short
Orderly PERP_ARB_USDC−0.0039%8h0.2186−0.314%$16K$414K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ARB-USDshort0.0000%1h0.2190−0.152%$64K$4K10x
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0006%1h0.2187−0.253%$73K150xas long as short
Extended ARB-USD+0.0016%1h0.2185−0.377%$361K$3.1M25xas long as short
Binance ARBUSDT+0.0016%8h0.2186−0.328%$63.2M$298.7M75xas long as short
Variational Omni ARBlong+0.0028%8h0.2193long leg$1.8M$3.0M
Phemex ARBUSDT+0.0031%8h0.2187−0.269%$4.8M$12.8M50xas long as short
Bitget ARBUSDT+0.0067%8h0.2185−0.360%$20.9M$34.6M50xas long as short
BloFin ARB-USDT+0.0071%8h0.2187−0.250%$3.0M$2.3M75xas long as short
BingX ARB-USDC+0.0072%8h0.2185−0.341%$6.5Mas long as short
Aevo ARB-PERP+0.0088%1h0.2178−0.666%$138K$7K3xas long as short
Lighter ARB+0.0096%1h0.2187−0.273%$1.3M$5.5M15xas long as short
Hyperliquid ARB+0.0100%1h0.2188−0.237%$36.9M$50.2M10xas long as short
Aster ARBUSDT+0.0100%8h0.2187−0.269%$626K$1.7M20xas long as short
Pacifica ARB+0.0100%1h0.2190−0.144%$43K$145K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2187−0.287%$19.4M$13.7M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2194+0.029%$40K$467K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2196+0.138%$475K$3.6M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2196+0.142%$119K$267K50xas long as short
Polymarket Perps ARB-USD+0.0100%1h0.2189−0.196%$73K$2.1M10xas long as short
SunX ARB-USDT+0.0100%8h0.2189−0.177%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2189−0.173%$293K$835K50xas long as short
RISEx ARB/USDC+0.0123%1h0.2189−0.192%$530K$2.7M10xas long as short
Backpack ARB_USDC_PERP+0.0162%1h0.2188−0.209%$977K$2.8M20xas long as short
GMX ARB/USD [ARB-USDC]L +0.0276% / S −0.0158%1h0.2187−0.277%$826K150xas long as short
Reya ARBRUSDPERP+0.0288%1h0.2185−0.343%$2K$69520xas long as short
Coinbase International ARB-PERP-INTX+0.0336%1h0.2187−0.269%$524K$1.5M50xas long as short