Funding you earn now, next payment 11:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.043%
Price spread now: Extended against 01 Exchange−0.054%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Extended is 0.054% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.054% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 45 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange ARBUSD | 0.2188 | −0.0128 | get 0.0016% / 1h | 55m 13s | $7K | $414 | 10x |
| Short | Extended ARB-USD | 0.2186 | −0.0032 | pay 0.0004% / 1h | 55m 13s | $359K | $3.0M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against 01 Exchange. 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
- $20.16
- Price spread: −0.054% → 0.000%
- −$5.36
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $2.8
- Costs to cover
- 0.120%
- Break-even
- 6.0 days
Slippage unknown: 01 Exchange: no order-book sample; Extended: live order book, 2 min ago. 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 2 min ago | 16.01 bp | 18.5 bp −$19 | 80.4 bp −$804 | doesn't fit | doesn't fit |
01 Exchange: 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 exchanges
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 | −0.1736% | 1h | 0.2182 | −0.256% | $39K | $372K | 12x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0230% | 1h | 0.2187 | −0.009% | $1.1M | $4.2M | 50x | as long as short |
| SoDEX ARB-USD | −0.0217% | 1h | 0.2187 | −0.046% | $9K | $2.2M | 5x | as long as short |
| Bybit ARBUSDT | −0.0194% | 8h | 0.2185 | −0.114% | $53.8M | $122.3M | 50x | as long as short |
| MEXC ARB_USDT | −0.0142% | 8h | 0.2186 | −0.087% | $44.3M | $61.0M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0142% | 8h | 0.2185 | −0.096% | $22.8M | $142.8M | 50x | as long as short |
| 01 Exchange ARBUSDlong | −0.0128% | 1h | 0.2188 | long leg | $7K | $414 | 10x | |
| Deribit ARB_USDC-PERPETUAL | −0.0070% | 1h | 0.2187 | −0.009% | $29K | $36K | 25x | as long as short |
| Binance ARBUSDT | −0.0034% | 8h | 0.2187 | −0.050% | $63.9M | $289.5M | 75x | as long as short |
| Extended ARB-USDshort | −0.0032% | 1h | 0.2186 | −0.054% | $359K | $3.0M | 25x |
Show all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ARB | −0.0030% | 8h | 0.2186 | −0.069% | $1.8M | $2.6M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0020% | 8h | 0.2187 | −0.027% | $16K | $410K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2188 | +0.018% | $64K | $3K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2190 | +0.107% | $73K | — | 150x | as long as short |
| Polymarket Perps ARB-USD | +0.0024% | 1h | 0.2187 | −0.037% | $73K | $1.9M | 10x | as long as short |
| Gate ARB_USDT | +0.0033% | 8h | 0.2187 | −0.018% | $5.5M | $16.3M | 60x | as long as short |
| Phemex ARBUSDT | +0.0038% | 8h | 0.2187 | −0.027% | $4.7M | $12.6M | 50x | as long as short |
| Aevo ARB-PERP | +0.0072% | 1h | 0.2187 | −0.006% | $139K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0086% | 8h | 0.2186 | −0.064% | $3.0M | $2.1M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2188 | +0.023% | $1.3M | $5.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2190 | +0.101% | $35.7M | $50.0M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2187 | −0.023% | $626K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2189 | +0.059% | $42K | $143K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2187 | −0.041% | $19.0M | $13.4M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2187 | −0.027% | $21.0M | $33.6M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2187 | −0.023% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2188 | +0.030% | $40K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2189 | +0.064% | $469K | $3.3M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2190 | +0.110% | $118K | $311K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2191 | +0.155% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2187 | −0.014% | $296K | $816K | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0210% | 1h | 0.2190 | +0.119% | $976K | $2.7M | 20x | as long as short |
| RISEx ARB/USDC | +0.0271% | 1h | 0.2190 | +0.103% | $531K | $2.4M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0279% / S −0.0162% | 1h | 0.2187 | −0.036% | $836K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2187 | −0.046% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0424% | 1h | 0.2196 | +0.366% | $524K | $1.4M | 50x | as long as short |
01 Exchange ARBUSD
Extended ARB-USD
Injective ARB/USDC PERP
Kraken Futures PF_ARBUSD
SoDEX ARB-USD
Bybit ARBUSDT
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Deribit ARB_USDC-PERPETUAL
Binance ARBUSDT
Variational Omni ARB
gTrade (Gains Network) ARB/USD
Polymarket Perps ARB-USD
Gate ARB_USDT
Phemex ARBUSDT
BloFin ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDC
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Backpack ARB_USDC_PERP
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX