Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: dYdX against Aster−0.264%49s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.264% cheaper against Aster than usual: you would sell low and buy high (−$26 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ARBUSDT | 0.2235 | 0.0100 | pay 0.0100% / 8h | 2h 09m | $693K | $1.7M | 20x |
| Short | dYdX ARB-USD | 0.2229 | 0 | get 0.0000% / 1h | 9m 55s | $66K | $4K | 10x |
Aster ARBUSDT
dYdX ARB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Aster. 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
- −$21
- Price spread: −0.264% → 0.000%
- −$26.42
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$65.42
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 3 min ago; dYdX: 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 Aster live order book, 3 min ago | 3.37 bp | 12.1 bp −$12 | 62.9 bp −$629 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | −0.1675% | 1h | 0.2214 | −0.928% | $40K | $197K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0272% | 1h | 0.2228 | −0.284% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0159% | 8h | 0.2225 | −0.423% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0145% | 8h | 0.2232 | −0.136% | $56.3M | $135.9M | 50x | as long as short |
| SoDEX ARB-USD | −0.0111% | 1h | 0.2234 | −0.015% | $4K | $2.9M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0105% | 8h | 0.2231 | −0.186% | $22.3M | $164.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0104% | 8h | 0.2233 | −0.092% | $37.1M | $63.9M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2236 | +0.077% | $1.1M | $5.3M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0051% | 1h | 0.2232 | −0.127% | $77K | $2.2M | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0021% | 8h | 0.2235 | +0.011% | $10K | $388K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Kraken Futures PF_ARBUSD
Polymarket Perps ARB-USD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | −0.0017% | 8h | 0.2232 | −0.103% | $63.5M | $324.6M | 75x | as long as short |
| Extended ARB-USD | −0.0016% | 1h | 0.2232 | −0.118% | $355K | $2.4M | 25x | as long as short |
| dYdX ARB-USDshort | 0.0000% | 1h | 0.2229 | −0.264% | $66K | $4K | 10x | |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2237 | +0.101% | $38K | $20K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2236 | +0.054% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0006% | 8h | 0.2234 | −0.051% | $5.5M | $21.6M | 60x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2237 | +0.097% | $146K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0089% | 8h | 0.2233 | −0.078% | $20.9M | $38.2M | 50x | as long as short |
| BingX ARB-USDC | +0.0089% | 8h | 0.2233 | −0.096% | — | $6.5M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2235 | +0.029% | $1.3M | $7.8M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2234 | −0.015% | $39.8M | $52.5M | 10x | as long as short |
| Aster ARBUSDTlong | +0.0100% | 8h | 0.2235 | long leg | $693K | $1.7M | 20x | |
| Pacifica ARB | +0.0100% | 1h | 0.2228 | −0.284% | $47K | $199K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2236 | +0.061% | $20.6M | $16.9M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2230 | −0.216% | $39K | $458K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2227 | −0.334% | $480K | $4.1M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2231 | −0.168% | $121K | $297K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2227 | −0.347% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2235 | +0.029% | $275K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2235 | +0.011% | $5.2M | $13.7M | 50x | as long as short |
| BloFin ARB-USDT | +0.0102% | 8h | 0.2227 | −0.351% | $3.0M | $3.3M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0154% / S −0.0018% | 1h | 0.2236 | +0.070% | $848K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2249 | +0.638% | $504K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2234 | −0.041% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2231 | −0.173% | $495K | $2.8M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0557% | 1h | 0.2239 | +0.177% | $1.1M | $2.7M | 20x | as long as short |
Binance ARBUSDT
Extended ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Aevo ARB-PERP
Bitget ARBUSDT
BingX ARB-USDC
Lighter ARB
Hyperliquid ARB
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP