After costs, if the gap returns to its 7d average, $10k+$10
spread now−0.297%7d average−0.727%fees + slippage, in and out−$33spread needed0.331%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack ARB_USDC_PERP | 0.2253 | 0.0526 | pay 0.0066% / 1h | 59m 12s | $962K | $3.0M | 20x |
| Short | BingX ARB-USDT | 0.2247 | 0.0100 | get 0.0100% / 8h | 5h 59m | — | $55.6M | — |
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
- −$29.73
- Funding while held
- −$12.78
- Slippage, 4 orders
- −$13.12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$75.63
- Spread needed to break even
- 0.331%
Slippage from Backpack: live order book, 1 min ago; BingX: live order book, 16 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0426%
- Per $10,000 a day
- −$12.78
- 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 Backpack live order book, 1 min ago | 1.11 bp | 9.4 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 16 min ago | 2.00 bp | 7.3 bp −$7 | 9.3 bp −$93 | 17.5 bp −$1,745 | 53.5 bp −$26.7K |
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 | |
|---|---|---|---|---|---|---|---|
| edgeX ARBUSDC | −0.745% | +0.0100% | 4h | $38K | $465K | 20x | as long as short |
| Injective ARB/USDC PERP | −0.679% | −0.1615% | 1h | $55K | $69K | 12x | as long as short |
| Coinbase International ARB-PERP-INTX | −0.422% | +0.0352% | 1h | $522K | $2.5M | 50x | as long as short |
| Phemex ARBUSDT | −0.324% | +0.0100% | 8h | $5.4M | $14.1M | 50x | as long as short |
| Extended ARB-USD | −0.302% | +0.0104% | 1h | $366K | $2.4M | 25x | as long as short |
| Reya ARBRUSDPERP | −0.302% | +0.0292% | 1h | $2K | $695 | 20x | as long as short |
| BingX ARB-USDTshort | −0.297% | +0.0100% | 8h | — | $55.6M | — | |
| MEXC ARB_USDT | −0.293% | +0.0011% | 8h | $40.5M | $61.7M | 200x | as long as short |
| SoDEX ARB-USD | −0.293% | −0.0077% | 1h | $5K | $2.8M | 5x | as long as short |
| ApeX Omni ARBUSDT | −0.280% | +0.0100% | 1h | $126K | $259K | 50x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps ARB-USD | −0.266% | −0.0092% | 1h | $68K | $2.4M | 10x | as long as short |
| BloFin ARB-USDT | −0.266% | +0.0220% | 8h | $3.1M | $3.1M | 75x | as long as short |
| Variational Omni ARB | −0.263% | +0.0051% | 8h | $1.8M | $3.3M | — | as long as short |
| HTX ARB-USDT | −0.262% | +0.0100% | 8h | $277K | $1.2M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.257% | 0.0000% | 1h | $39K | $16K | 25x | as long as short |
| Gate ARB_USDT | −0.249% | +0.0100% | 8h | $5.5M | $21.0M | 60x | as long as short |
| Aster ARBUSDT | −0.247% | +0.0100% | 8h | $703K | $1.8M | 20x | as long as short |
| gTrade (Gains Network) ARB/USD | −0.238% | L +0.0005% / S −0.0006% | 1h | $59K | — | 150x | as long as short |
| GMX ARB/USD [ARB-USDC] | −0.237% | L +0.0305% / S −0.0227% | 1h | $785K | — | 150x | as long as short |
| Bitget ARBUSDT | −0.235% | +0.0100% | 8h | $20.7M | $38.8M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.235% | +0.0021% | 8h | $10K | $382K | 10x | as long as short |
| Aevo ARB-PERP | −0.234% | +0.0104% | 1h | $150K | $9K | 3x | as long as short |
| KuCoin ARBUSDTM | −0.231% | +0.0100% | 8h | $21.0M | $17.8M | 75x | as long as short |
| Bybit ARBUSDT | −0.226% | −0.0082% | 8h | $56.7M | $130.7M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.226% | −0.0088% | 1h | $7K | $2K | 10x | as long as short |
| Lighter ARB | −0.213% | +0.0096% | 1h | $1.4M | $7.5M | 15x | as long as short |
| Kraken Futures PF_ARBUSD | −0.205% | −0.0005% | 1h | $1.1M | $4.9M | 50x | as long as short |
| Binance ARBUSDT | −0.200% | +0.0100% | 8h | $63.0M | $317.2M | 75x | as long as short |
| OKX ARB-USDT-SWAP | −0.173% | +0.0012% | 8h | $23.1M | $165.5M | 50x | as long as short |
| Hyperliquid ARB | −0.169% | +0.0100% | 1h | $40.5M | $50.8M | 10x | as long as short |
| dYdX ARB-USD | −0.169% | 0.0000% | 1h | $68K | $3K | 10x | as long as short |
| Pacifica ARB | −0.150% | +0.0100% | 1h | $48K | $199K | 10x | as long as short |
| SunX ARB-USDT | −0.146% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| RISEx ARB/USDC | −0.064% | +0.0435% | 1h | $430K | $3.0M | 10x | as long as short |
| Backpack ARB_USDC_PERPlong | 0.000% | +0.0526% | 1h | $962K | $3.0M | 20x |
Backpack ARB_USDC_PERP
BingX ARB-USDT
Injective
Coinbase International
Phemex
Extended
MEXC
SoDEX
ApeX Omni
Polymarket Perps
BloFin
Variational Omni
HTX
Deribit
Gate
Aster
gTrade (Gains Network)
GMX
Bitget
KuCoin
Bybit
Lighter
Kraken Futures
Binance
OKX
Hyperliquid
Pacifica
SunX
RISEx