ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0136%/8h= +14.9% APRnext payment +$0.17 per $10,000 · paid last 24h +0.082%

Price spread now: Coinbase International against Aevo+0.052%7-day average +0.102% · you sell dearer than you buy

Net, funding: paid 7d − costs−$132as in the Funding arb table

Net, price: spread back to 7d avg − costs−$164as in the Price arb table

costs, in and out, $10k−$1591.590% of the position

Long on Aevo Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.269%+$27 on $10k

Price spread, last 4 days (all we have)+0.054%+$5 · spread now +0.052%, 7d avg +0.102%

Together, before fees+0.323%+$32 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.050% cheaper against Aevo than usual: you would sell low and buy high (spread +0.052% now, against its 7-day average of +0.102%). If the spread goes back, that is −$5 on $10k: about 29 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo ARB-PERP	0.2218	0.0088	pay 0.0011% / 1h	24m 33s	$141K	$7K	3x
Short	Coinbase International ARB-PERP-INTX	0.2219	0.0224	get 0.0028% / 1h	24m 33s	$492K	$2.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Aevo. 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

Position, each leg$Hold fordaysFee AevobpFee Coinbase InternationalbpOrdersPrice spread, now +0.052%Rate

Funding earned: $28.56
Price spread: +0.052% → +0.102%: −$5
Slippage, 4 orders: −$133.05
Fee Aevo: 8 bp × 2 orders: −$16
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$135.49
Costs to cover: 1.590%
Break-even: 40.2 days

Slippage from Aevo: live order book, 30 min ago; Coinbase International: live order book, 4 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 Aevo live order book, 30 min ago	31.70 bp	56.8 bp −$57	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 4 min ago	7.93 bp	21.8 bp −$22	38.3 bp −$383	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	−0.1649%	1h	0.2203	−0.670%	$40K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0168%	1h	0.2214	−0.169%	$7K	$2K	10x	as long as short
OKX ARB-USDT-SWAP	−0.0131%	8h	0.2213	−0.196%	$22.2M	$149.2M	50x	as long as short
MEXC ARB_USDT	−0.0131%	8h	0.2212	−0.255%	$42.1M	$60.7M	200x	as long as short
Polymarket Perps ARB-USD	−0.0119%	1h	0.2218	−0.002%	$92K	$2.2M	10x	as long as short
Variational Omni ARB	−0.0101%	8h	0.2211	−0.307%	$1.8M	$2.9M	—	as long as short
Orderly PERP_ARB_USDC	−0.0074%	8h	0.2217	−0.038%	$12K	$395K	10x	as long as short
Gate ARB_USDT	−0.0059%	8h	0.2213	−0.232%	$5.4M	$18.8M	60x	as long as short
Bybit ARBUSDT	−0.0024%	8h	0.2213	−0.210%	$55.9M	$126.9M	50x	as long as short
Kraken Futures PF_ARBUSD	−0.0006%	1h	0.2218	+0.008%	$1.1M	$4.4M	50x	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	0.2214	−0.160%	$66K	$5K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2218	−0.007%	$24K	$34K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2218	−0.006%	$32K	—	150x	as long as short
Binance ARBUSDT	+0.0023%	8h	0.2214	−0.165%	$64.4M	$307.8M	75x	as long as short
Extended ARB-USD	+0.0024%	1h	0.2212	−0.269%	$354K	$2.5M	25x	as long as short
BingX ARB-USDT	+0.0066%	8h	0.2213	−0.237%	—	$53.9M	—	as long as short
Bitget ARBUSDT	+0.0068%	8h	0.2214	−0.174%	$21.1M	$34.8M	50x	as long as short
SoDEX ARB-USD	+0.0069%	1h	0.2217	−0.056%	$10K	$2.3M	5x	as long as short
BloFin ARB-USDT	+0.0081%	8h	0.2213	−0.223%	$3.1M	$2.6M	75x	as long as short
Aevo ARB-PERPlong	+0.0088%	1h	0.2218	long leg	$141K	$7K	3x
Lighter ARB	+0.0096%	1h	0.2213	−0.237%	$1.2M	$5.7M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2215	−0.151%	$38.0M	$48.8M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2215	−0.145%	$637K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2213	−0.219%	$43K	$169K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2215	−0.138%	$19.6M	$15.0M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2207	−0.499%	$40K	$460K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2208	−0.444%	$481K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2208	−0.444%	$119K	$284K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2221	+0.142%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2217	−0.038%	$301K	$952K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2217	−0.038%	$5.0M	$13.0M	50x	as long as short
Coinbase International ARB-PERP-INTXshort	+0.0224%	1h	0.2219	+0.052%	$492K	$2.0M	50x
RISEx ARB/USDC	+0.0225%	1h	0.2215	−0.138%	$466K	$2.6M	10x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0159%	1h	0.2218	−0.014%	$836K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2217	−0.023%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0651%	1h	0.2218	+0.029%	$999K	$2.8M	20x	as long as short