After costs, if the gap returns to its 7d average, $10k−$4
spread now−0.202%7d average−0.797%fees + slippage, in and out−$64spread needed0.637%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack ARB_USDC_PERP | 0.2276 | 0.0490 | pay 0.0061% / 1h | 18m 36s | $938K | $3.0M | 20x |
| Short | KuCoin ARBUSDTM | 0.2272 | 0.0100 | get 0.0100% / 8h | 7h 18m | $20.5M | $18.2M | 75x |
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
- −$20.21
- Funding while held
- −$11.71
- Slippage, 4 orders
- −$41.71
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$95.63
- Spread needed to break even
- 0.637%
Slippage from Backpack: live order book, 2 min ago; KuCoin: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0390%
- Per $10,000 a day
- −$11.71
- 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, 2 min ago | 1.10 bp | 11.2 bp −$11 | 47.0 bp −$470 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 3.52 bp | 25.4 bp −$25 | 48.7 bp −$487 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.760% | −0.1401% | 1h | $58K | $204K | 12x | as long as short |
| OKX ARB-USDT-SWAP | −0.439% | +0.0007% | 8h | $23.7M | $172.5M | 50x | as long as short |
| Extended ARB-USD | −0.411% | +0.0104% | 1h | $367K | $2.4M | 25x | as long as short |
| Bitget ARBUSDT | −0.409% | +0.0100% | 8h | $21.2M | $39.4M | 50x | as long as short |
| Bybit ARBUSDT | −0.395% | −0.0199% | 8h | $57.3M | $131.3M | 50x | as long as short |
| BingX ARB-USDT | −0.373% | +0.0100% | 8h | — | $53.3M | — | as long as short |
| 01 Exchange ARBUSD | −0.351% | −0.0088% | 1h | $7K | $2K | 10x | as long as short |
| MEXC ARB_USDT | −0.343% | +0.0006% | 8h | $39.7M | $63.2M | 200x | as long as short |
| Gate ARB_USDT | −0.299% | +0.0066% | 8h | $5.4M | $21.1M | 60x | as long as short |
| Lighter ARB | −0.281% | +0.0096% | 1h | $1.4M | $7.5M | 15x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| RISEx ARB/USDC | −0.246% | +0.0449% | 1h | $404K | $3.2M | 10x | as long as short |
| Binance ARBUSDT | −0.224% | +0.0100% | 8h | $64.7M | $321.7M | 75x | as long as short |
| KuCoin ARBUSDTMshort | −0.202% | +0.0100% | 8h | $20.5M | $18.2M | 75x | |
| Orderly PERP_ARB_USDC | −0.189% | −0.0006% | 8h | $11K | $370K | 10x | as long as short |
| SoDEX ARB-USD | −0.189% | −0.0019% | 1h | $5K | $2.9M | 5x | as long as short |
| Aster ARBUSDT | −0.185% | +0.0100% | 8h | $723K | $2.2M | 20x | as long as short |
| Pacifica ARB | −0.181% | +0.0100% | 1h | $49K | $226K | 10x | as long as short |
| dYdX ARB-USD | −0.181% | 0.0000% | 1h | $68K | $4K | 10x | as long as short |
| HTX ARB-USDT | −0.180% | +0.0100% | 8h | $276K | $1.2M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.158% | −0.0202% | 1h | $1.1M | $4.9M | 50x | as long as short |
| Hyperliquid ARB | −0.154% | +0.0257% | 1h | $42.4M | $49.2M | 10x | as long as short |
| ApeX Omni ARBUSDT | −0.145% | +0.0100% | 1h | $128K | $261K | 50x | as long as short |
| SunX ARB-USDT | −0.145% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| Phemex ARBUSDT | −0.145% | +0.0100% | 8h | $5.5M | $14.4M | 50x | as long as short |
| BloFin ARB-USDT | −0.141% | +0.0220% | 8h | $3.2M | $3.2M | 75x | as long as short |
| Reya ARBRUSDPERP | −0.140% | +0.0292% | 1h | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | −0.132% | L +0.0275% / S −0.0219% | 1h | $696K | — | 150x | as long as short |
| gTrade (Gains Network) ARB/USD | −0.119% | L +0.0005% / S −0.0006% | 1h | $61K | — | 150x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.105% | 0.0000% | 1h | $40K | $16K | 25x | as long as short |
| Polymarket Perps ARB-USD | −0.101% | −0.0063% | 1h | $64K | $2.5M | 10x | as long as short |
| Aevo ARB-PERP | −0.038% | +0.0104% | 1h | $152K | $9K | 3x | as long as short |
| Backpack ARB_USDC_PERPlong | 0.000% | +0.0490% | 1h | $938K | $3.0M | 20x | |
| Coinbase International ARB-PERP-INTX | +0.048% | +0.0464% | 1h | $530K | $2.5M | 50x | as long as short |
| Variational Omni ARB | +0.094% | +0.0100% | 8h | $1.9M | $3.3M | — | as long as short |
| edgeX ARBUSDC | +0.126% | +0.0100% | 4h | $39K | $466K | 20x | as long as short |
Backpack ARB_USDC_PERP
KuCoin ARBUSDTM
Injective
OKX
Extended
Bitget
Bybit
BingX
MEXC
Gate
Lighter
RISEx
Binance
SoDEX
Aster
Pacifica
HTX
Kraken Futures
Hyperliquid
ApeX Omni
SunX
Phemex
BloFin
GMX
gTrade (Gains Network)
Deribit
Polymarket Perps
Coinbase International
Variational Omni