Funding you earn now, next payment 21:00 UTC+0.0411%/8h= +45.0% APRnext payment +$0.51 per $10,000 · paid last 24h +0.151%
Price spread now: Reya against 01 Exchange−0.028%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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. Reya is 0.028% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.028% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$12 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange ARBUSD | 0.2255 | −0.0120 | get 0.0015% / 1h | 32m 21s | $7K | $2K | 10x |
| Short | Reya ARBRUSDPERP | 0.2255 | 0.0291 | get 0.0036% / 1h | 32m 21s | $2K | $695 | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $86.3
- Price spread: −0.028% → 0.000%
- −$2.85
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $70.45
- Costs to cover
- 0.130%
- Break-even
- 1.3 days
Slippage unknown: 01 Exchange: no order-book sample; Reya: 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Reya no order-book sample | — | — | — | — | — |
01 Exchange and Reya: 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 | −0.0803% | 1h | 0.2242 | −0.585% | $40K | $107K | 12x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0312% | 1h | 0.2258 | +0.113% | $1.2M | $5.2M | 50x | as long as short |
| Bybit ARBUSDT | −0.0302% | 8h | 0.2256 | +0.031% | $58.6M | $134.0M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0193% | 1h | 0.2256 | +0.053% | $37K | $18K | 25x | as long as short |
| Variational Omni ARB | −0.0187% | 8h | 0.2254 | −0.063% | $1.9M | $2.8M | — | as long as short |
| SoDEX ARB-USD | −0.0186% | 1h | 0.2255 | +0.009% | $5K | $2.9M | 5x | as long as short |
| ApeX Omni ARBUSDT | −0.0123% | 1h | 0.2260 | +0.213% | $124K | $275K | 50x | as long as short |
| 01 Exchange ARBUSDlong | −0.0120% | 1h | 0.2255 | long leg | $7K | $2K | 10x | |
| OKX ARB-USDT-SWAP | −0.0042% | 8h | 0.2255 | 0.000% | $23.2M | $166.7M | 50x | as long as short |
| MEXC ARB_USDT | −0.0041% | 8h | 0.2255 | −0.018% | $38.4M | $63.5M | 200x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2257 | +0.077% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2257 | +0.067% | $60K | — | 150x | as long as short |
| Orderly PERP_ARB_USDC | +0.0007% | 8h | 0.2255 | −0.009% | $10K | $385K | 10x | as long as short |
| Binance ARBUSDT | +0.0021% | 8h | 0.2255 | +0.009% | $64.5M | $323.3M | 75x | as long as short |
| Extended ARB-USD | +0.0024% | 1h | 0.2255 | −0.014% | $358K | $2.5M | 25x | as long as short |
| Polymarket Perps ARB-USD | +0.0036% | 1h | 0.2255 | +0.009% | $71K | $2.3M | 10x | as long as short |
| Gate ARB_USDT | +0.0061% | 8h | 0.2255 | −0.004% | $5.5M | $21.8M | 60x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2258 | +0.110% | $148K | $12K | 3x | as long as short |
| BloFin ARB-USDT | +0.0093% | 8h | 0.2253 | −0.080% | $3.0M | $3.3M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2258 | +0.124% | $1.4M | $7.7M | 15x | as long as short |
| Bitget ARBUSDT | +0.0096% | 8h | 0.2254 | −0.053% | $21.2M | $38.9M | 50x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2258 | +0.120% | $41.0M | $52.5M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2256 | +0.046% | $709K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2257 | +0.076% | $51K | $203K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2257 | +0.093% | $20.8M | $17.3M | 75x | as long as short |
| BingX ARB-USDT | +0.0100% | 8h | 0.2255 | −0.022% | — | $53.9M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2243 | −0.531% | $38K | $449K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2244 | −0.496% | $482K | $4.2M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2259 | +0.168% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2255 | −0.022% | $276K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2258 | +0.124% | $5.5M | $13.9M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0169% | 1h | 0.2256 | +0.036% | $830K | — | 150x | as long as short |
| Reya ARBRUSDPERPshort | +0.0291% | 1h | 0.2255 | −0.028% | $2K | $695 | 20x | |
| Coinbase International ARB-PERP-INTX | +0.0312% | 1h | 0.2259 | +0.168% | $511K | $2.5M | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0471% | 1h | 0.2259 | +0.173% | $1.1M | $2.9M | 20x | as long as short |
| RISEx ARB/USDC | +0.0621% | 1h | 0.2258 | +0.122% | $530K | $2.9M | 10x | as long as short |
01 Exchange ARBUSD
Injective ARB/USDC PERP
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
Variational Omni ARB
SoDEX ARB-USD
ApeX Omni ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
Polymarket Perps ARB-USD
Gate ARB_USDT
BloFin ARB-USDT
Lighter ARB
Bitget ARBUSDT
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
BingX ARB-USDT
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP
RISEx ARB/USDC