Funding you earn now, next payment 04:00 UTC−0.0088%/8h= −9.6% APRnext payment −$0.11 per $10,000 · paid last 24h −0.049%
Price spread now: Deribit against Aevo−0.046%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.046% cheaper against Aevo than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo ARB-PERP | 0.2217 | 0.0088 | pay 0.0011% / 1h | 22m 54s | $141K | $7K | 3x |
| Short | Deribit ARB_USDC-PERPETUAL | 0.2216 | 0 | get 0.0000% / 1h | 22m 54s | $24K | $34K | 25x |
Aevo ARB-PERP
Deribit ARB_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Aevo. 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
- −$18.48
- Price spread: −0.046% → 0.000%
- −$4.56
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$46.04
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Aevo: live order book, 31 min ago; Deribit: 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 Aevo live order book, 31 min ago | 31.70 bp | 56.8 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | −0.1649% | 1h | 0.2202 | −0.659% | $40K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0168% | 1h | 0.2213 | −0.140% | $7K | $2K | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0132% | 8h | 0.2214 | −0.118% | $22.3M | $149.3M | 50x | as long as short |
| MEXC ARB_USDT | −0.0131% | 8h | 0.2215 | −0.082% | $42.1M | $60.7M | 200x | as long as short |
| Polymarket Perps ARB-USD | −0.0131% | 1h | 0.2213 | −0.154% | $98K | $2.2M | 10x | as long as short |
| Variational Omni ARB | −0.0101% | 8h | 0.2211 | −0.251% | $1.8M | $2.9M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0073% | 8h | 0.2215 | −0.073% | $12K | $396K | 10x | as long as short |
| Gate ARB_USDT | −0.0059% | 8h | 0.2216 | −0.032% | $5.4M | $18.8M | 60x | as long as short |
| Bybit ARBUSDT | −0.0025% | 8h | 0.2213 | −0.140% | $55.9M | $127.0M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0006% | 1h | 0.2216 | −0.049% | $1.1M | $4.4M | 50x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Polymarket Perps ARB-USD
Variational Omni ARB
Orderly PERP_ARB_USDC
Gate ARB_USDT
Bybit ARBUSDT
Kraken Futures PF_ARBUSDShow 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 | −0.097% | $66K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUALshort | 0.0000% | 1h | 0.2216 | −0.046% | $24K | $34K | 25x | |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2215 | −0.076% | $32K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0023% | 8h | 0.2215 | −0.072% | $64.4M | $307.8M | 75x | as long as short |
| Extended ARB-USD | +0.0024% | 1h | 0.2213 | −0.179% | $354K | $2.5M | 25x | as long as short |
| SoDEX ARB-USD | +0.0048% | 1h | 0.2215 | −0.068% | $10K | $2.3M | 5x | as long as short |
| BingX ARB-USDT | +0.0066% | 8h | 0.2215 | −0.050% | — | $53.9M | — | as long as short |
| Bitget ARBUSDT | +0.0068% | 8h | 0.2214 | −0.118% | $21.0M | $34.9M | 50x | as long as short |
| Aevo ARB-PERPlong | +0.0088% | 1h | 0.2217 | long leg | $141K | $7K | 3x | |
| BloFin ARB-USDT | +0.0092% | 8h | 0.2216 | −0.041% | $3.1M | $2.6M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2215 | −0.055% | $1.2M | $5.8M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2218 | +0.054% | $38.1M | $48.9M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2216 | −0.022% | $638K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2214 | −0.136% | $43K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2215 | −0.055% | $19.6M | $15.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2216 | −0.031% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2208 | −0.388% | $481K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2217 | +0.018% | $120K | $284K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2216 | −0.028% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2213 | −0.145% | $300K | $951K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2215 | −0.073% | $5.0M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2216 | −0.028% | $492K | $2.0M | 50x | as long as short |
| RISEx ARB/USDC | +0.0225% | 1h | 0.2214 | −0.097% | $470K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0159% | 1h | 0.2215 | −0.079% | $835K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2213 | −0.181% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0645% | 1h | 0.2219 | +0.117% | $1.0M | $2.8M | 20x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
SoDEX ARB-USD
BingX ARB-USDT
Bitget ARBUSDT
BloFin ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP