Spread before costs (cost unknown: a leg has no order-book sample)+0.441%
7d average−0.001%if it closes, per $10,000$44funding while held, a day−$3.15
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ARBUSDT | 0.2266 | 0.0100 | pay 0.0013% / 1h | 15m 18s | $127K | $261K | 50x |
| Short | Orderly PERP_ARB_USDC | 0.2276 | −0.0005 | pay 0.0005% / 8h | 7h 15m | $10K | $371K | 10x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $44.13
- Funding while held
- −$3.15
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $24.98
- Spread needed to break even
- 0.160%
Slippage unknown: ApeX Omni: live order book, 28 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0105%
- Per $10,000 a day
- −$3.15
- Average in range /8h
- —
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 ApeX Omni live order book, 28 min ago | 6.38 bp | 18.9 bp −$19 | 114.4 bp −$1,144 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 price on every exchange
against the cheapest. Click to use as the short leg.ARB on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ARB | −0.186% | +0.0100% | 8h | $1.9M | $3.3M | — | as long as short |
| ApeX Omni ARBUSDTlong | 0.000% | +0.0100% | 1h | $127K | $261K | 50x | |
| Injective ARB/USDC PERP | 0.000% | −0.1401% | 1h | $58K | $204K | 12x | as long as short |
| Pacifica ARB | +0.275% | +0.0100% | 1h | $49K | $226K | 10x | as long as short |
| edgeX ARBUSDC | +0.312% | +0.0100% | 4h | $39K | $467K | 20x | as long as short |
| Phemex ARBUSDT | +0.353% | +0.0100% | 8h | $5.5M | $14.3M | 50x | as long as short |
| MEXC ARB_USDT | +0.362% | +0.0008% | 8h | $40.1M | $63.9M | 200x | as long as short |
| dYdX ARB-USD | +0.362% | 0.0000% | 1h | $69K | $4K | 10x | as long as short |
| Reya ARBRUSDPERP | +0.364% | +0.0292% | 1h | $2K | $695 | 20x | as long as short |
| 01 Exchange ARBUSD | +0.366% | −0.0096% | 1h | $7K | $2K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps ARB-USD | +0.371% | −0.0081% | 1h | $67K | $2.5M | 10x | as long as short |
| Extended ARB-USD | +0.373% | +0.0104% | 1h | $367K | $2.4M | 25x | as long as short |
| BingX ARB-USDC | +0.380% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.397% | +0.0100% | 8h | $21.1M | $39.6M | 50x | as long as short |
| SoDEX ARB-USD | +0.397% | −0.0017% | 1h | $5K | $2.9M | 5x | as long as short |
| HTX ARB-USDT | +0.397% | +0.0100% | 8h | $276K | $1.2M | 50x | as long as short |
| Aster ARBUSDT | +0.408% | +0.0100% | 8h | $724K | $2.2M | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.415% | +0.0482% | 1h | $941K | $3.0M | 20x | as long as short |
| Orderly PERP_ARB_USDCshort | +0.441% | −0.0005% | 8h | $10K | $371K | 10x | |
| Aevo ARB-PERP | +0.441% | +0.0104% | 1h | $152K | $9K | 3x | as long as short |
| Gate ARB_USDT | +0.450% | +0.0100% | 8h | $5.6M | $21.3M | 60x | as long as short |
| BloFin ARB-USDT | +0.450% | +0.0220% | 8h | $3.2M | $3.2M | 75x | as long as short |
| KuCoin ARBUSDTM | +0.455% | +0.0100% | 8h | $20.9M | $18.2M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | +0.459% | L +0.0275% / S −0.0219% | 1h | $695K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.459% | +0.0449% | 1h | $405K | $3.0M | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | +0.463% | 0.0000% | 1h | $40K | $16K | 25x | as long as short |
| Kraken Futures PF_ARBUSD | +0.472% | −0.0202% | 1h | $1.1M | $4.9M | 50x | as long as short |
| gTrade (Gains Network) ARB/USD | +0.480% | L +0.0005% / S −0.0005% | 1h | $56K | — | 150x | as long as short |
| Bybit ARBUSDT | +0.485% | −0.0144% | 8h | $57.2M | $131.6M | 50x | as long as short |
| SunX ARB-USDT | +0.485% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.485% | +0.0464% | 1h | $531K | $2.5M | 50x | as long as short |
| Lighter ARB | +0.494% | +0.0096% | 1h | $1.4M | $7.6M | 15x | as long as short |
| Binance ARBUSDT | +0.521% | +0.0100% | 8h | $64.7M | $323.1M | 75x | as long as short |
| Hyperliquid ARB | +0.534% | +0.0243% | 1h | $42.1M | $49.6M | 10x | as long as short |
| OKX ARB-USDT-SWAP | +0.556% | +0.0008% | 8h | $23.7M | $174.0M | 50x | as long as short |
ApeX Omni ARBUSDT
Variational Omni
Injective
Pacifica
Phemex
MEXC
Polymarket Perps
Extended
BingX
Bitget
SoDEX
HTX
Aster
Backpack
Gate
BloFin
KuCoin
GMX
RISEx
Deribit
Kraken Futures
gTrade (Gains Network)
Bybit
SunX
Coinbase International
Lighter
Binance
Hyperliquid
OKX