Funding you earn now, next payment 07:00 UTC+0.0145%/8h= +15.9% APRnext payment +$0.18 per $10,000 · paid last 24h −0.008%
Price spread now: Kraken Futures against Aevo+0.023%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1741.736% of the position
Funding, last 7 days−0.163%−$16 on $10k
+Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.023%, 7d avg +0.009%
=The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.163%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo ARB-PERP | 0.2187 | 0.0088 | pay 0.0011% / 1h | 0m 07s | $139K | $7K | 3x |
| Short | Kraken Futures PF_ARBUSD | 0.2188 | 0.0233 | get 0.0029% / 1h | 0m 07s | $1.1M | $4.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $30.44
- Price spread: +0.023% → +0.009%
- $1.39
- Slippage, 4 orders
- −$147.61
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$141.78
- Costs to cover
- 1.736%
- Break-even
- 39.6 days
Slippage from Aevo: live order book, 39 min ago; Kraken Futures: 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, 39 min ago | 38.44 bp | 69.9 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 8.21 bp | 17.2 bp −$17 | 23.2 bp −$232 | 642.8 bp −$64.3K | 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 | −0.1592% | 1h | 0.2186 | −0.049% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0176% | 1h | 0.2186 | −0.049% | $7K | $236 | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0168% | 1h | 0.2187 | −0.022% | $67K | $2.1M | 10x | as long as short |
| SoDEX ARB-USD | −0.0111% | 1h | 0.2186 | −0.031% | $9K | $2.2M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0091% | 8h | 0.2186 | −0.040% | $22.0M | $144.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0091% | 8h | 0.2186 | −0.031% | $41.9M | $62.5M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0038% | 8h | 0.2186 | −0.049% | $12K | $407K | 10x | as long as short |
| Variational Omni ARB | −0.0035% | 8h | 0.2185 | −0.074% | $1.8M | $3.0M | — | as long as short |
| Bybit ARBUSDT | −0.0008% | 8h | 0.2186 | −0.054% | $53.6M | $126.4M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2187 | −0.008% | $65K | $5K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2187 | +0.005% | $28K | $38K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2188 | +0.030% | $44K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0015% | 8h | 0.2186 | −0.031% | $62.6M | $302.0M | 75x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2186 | −0.058% | $349K | $3.0M | 25x | as long as short |
| Gate ARB_USDT | +0.0018% | 8h | 0.2186 | −0.059% | $5.4M | $18.5M | 60x | as long as short |
| RISEx ARB/USDC | +0.0056% | 1h | 0.2188 | +0.042% | $485K | $2.6M | 10x | as long as short |
| BloFin ARB-USDT | +0.0071% | 8h | 0.2186 | −0.063% | $3.0M | $2.3M | 75x | as long as short |
| Bitget ARBUSDT | +0.0073% | 8h | 0.2186 | −0.049% | $21.1M | $34.7M | 50x | as long as short |
| BingX ARB-USDC | +0.0074% | 8h | 0.2185 | −0.109% | — | $6.5M | — | as long as short |
| Aevo ARB-PERPlong | +0.0088% | 1h | 0.2187 | long leg | $139K | $7K | 3x | |
| Lighter ARB | +0.0096% | 1h | 0.2187 | −0.022% | $1.2M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2187 | +0.001% | $36.9M | $49.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2188 | +0.064% | $629K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2187 | −0.010% | $42K | $148K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2187 | −0.008% | $19.4M | $14.2M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2192 | +0.207% | $39K | $465K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2192 | +0.231% | $467K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2197 | +0.454% | $119K | $279K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2188 | +0.042% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2187 | +0.001% | $292K | $838K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2187 | −0.004% | $4.8M | $12.9M | 50x | as long as short |
| Kraken Futures PF_ARBUSDshort | +0.0233% | 1h | 0.2188 | +0.023% | $1.1M | $4.4M | 50x | |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2187 | +0.018% | $826K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2196 | +0.390% | $524K | $1.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2186 | −0.058% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0566% | 1h | 0.2190 | +0.124% | $984K | $2.8M | 20x | as long as short |
Kraken Futures PF_ARBUSD
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
Gate ARB_USDT
RISEx ARB/USDC
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDC
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
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP