data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Price arb /

ARB

all ARB markets
SwapFunding view
Alert
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k+$45
spread now−0.052%7d average−0.810%fees + slippage, in and out−$31spread needed0.311%
Long on BackpackShort on Lighter
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack ARB_USDC_PERP0.23020.0622pay 0.0078% / 1h13m 44s$991K$3.0M20x
ShortLighter ARB0.23010.0096get 0.0012% / 1h13m 44s$1.6M$7.3M15x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$5.21
Funding while held
−$15.78
Slippage, 4 orders
−$21.13
Fee Backpack: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$52.12
Spread needed to break even
0.311%
Slippage from Backpack: live order book, 2 min ago; Lighter: live order book, 6 min ago.

Cost of waiting

funding view
Funding /8h
−0.0526%
Per $10,000 a day
−$15.78
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 2 min ago1.31 bp9.0 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 6 min ago2.17 bp5.2 bp −$516.6 bp −$166115.6 bp −$11.6Kdoesn't fit

ARB price on every exchange

against the cheapest. Click to use as the short leg.
Injective0.2278cheapestVariational Omni0.2283+0.240%edgeX0.2287+0.390%BloFin0.2293+0.637%HTX0.2295+0.759%Bitget0.2298+0.878%Phemex0.2298+0.878%SoDEX0.2298+0.882%Extended0.2298+0.887%Bybit0.2299+0.913%BingX0.2299+0.917%Orderly0.2299+0.922%Gate0.2299+0.926%Deribit0.2299+0.939%OKX0.2299+0.944%Reya0.2300+0.948%MEXC0.2300+0.948%Kraken Futures0.2300+0.955%KuCoin0.2300+0.961%gTrade (Gains Network)0.2300+0.961%Aevo0.2300+0.966%Coinbase International0.2300+0.966%GMX0.2300+0.972%dYdX0.2300+0.984%
Lighter0.2301+0.988%
Binance0.2301+0.992%Pacifica0.2301+0.999%01 Exchange0.2301+1.001%Polymarket Perps0.2301+1.010%SunX0.2301+1.010%Aster0.2301+1.028%Hyperliquid0.2302+1.036%
Backpack0.2302+1.040%
ApeX Omni0.2302+1.054%RISEx0.2303+1.101%

ARB on 35 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective ARB/USDC PERP−1.030%−0.1425%1h$58K$248K12xas long as short
Variational Omni ARB−0.793%+0.0100%8h$1.9M$3.3M—as long as short
edgeX ARBUSDC−0.644%+0.0100%4h$39K$465K20xas long as short
BloFin ARB-USDT−0.400%+0.0220%8h$3.3M$3.2M75xas long as short
HTX ARB-USDT−0.278%+0.0100%8h$282K$1.2M50xas long as short
Bitget ARBUSDT−0.161%+0.0100%8h$21.4M$39.4M50xas long as short
Phemex ARBUSDT−0.161%+0.0100%8h$5.7M$14.7M50xas long as short
SoDEX ARB-USD−0.156%−0.0057%1h$4K$2.9M5xas long as short
Extended ARB-USD−0.152%+0.0104%1h$371K$2.4M25xas long as short
Bybit ARBUSDT−0.126%+0.0100%8h$58.5M$131.9M50xas long as short
Show all 35 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BingX ARB-USDC−0.122%+0.0100%8h—$6.5M—as long as short
Orderly PERP_ARB_USDC−0.117%−0.0024%8h$11K$335K10xas long as short
Gate ARB_USDT−0.113%+0.0100%8h$5.5M$21.4M60xas long as short
Deribit ARB_USDC-PERPETUAL−0.100%0.0000%1h$39K$15K25xas long as short
OKX ARB-USDT-SWAP−0.096%+0.0032%8h$23.8M$180.1M50xas long as short
Reya ARBRUSDPERP−0.092%+0.0292%1h$2K$69520xas long as short
MEXC ARB_USDT−0.091%+0.0030%8h$33.5M$61.3M200xas long as short
Kraken Futures PF_ARBUSD−0.084%+0.0440%1h$1.1M$4.9M50xas long as short
KuCoin ARBUSDTM−0.078%+0.0100%8h$20.3M$18.6M75xas long as short
gTrade (Gains Network) ARB/USD−0.078%L +0.0005% / S −0.0005%1h$54K—150xas long as short
Aevo ARB-PERP−0.074%+0.0104%1h$153K$9K3xas long as short
Coinbase International ARB-PERP-INTX−0.074%+0.0520%1h$530K$2.5M50xas long as short
GMX ARB/USD [ARB-USDC]−0.068%L +0.0263% / S −0.0176%1h$733K—150xas long as short
dYdX ARB-USD−0.056%0.0000%1h$69K$4K10xas long as short
Lighter ARBshort−0.052%+0.0096%1h$1.6M$7.3M15x
Binance ARBUSDT−0.048%+0.0100%8h$65.4M$327.4M75xas long as short
Pacifica ARB−0.041%+0.0100%1h$48K$230K10xas long as short
01 Exchange ARBUSD−0.039%−0.0040%1h$7K$3K10xas long as short
Polymarket Perps ARB-USD−0.030%+0.0100%1h$61K$2.5M10xas long as short
SunX ARB-USDT−0.030%+0.0100%8h$2K$1.1M30xas long as short
Aster ARBUSDT−0.013%+0.0100%8h$701K$2.2M20xas long as short
Hyperliquid ARB−0.004%+0.0278%1h$42.1M$50.0M10xas long as short
Backpack ARB_USDC_PERPlong0.000%+0.0622%1h$991K$3.0M20x
ApeX Omni ARBUSDT+0.013%+0.0100%1h$129K$264K50xas long as short
RISEx ARB/USDC+0.060%+0.0037%1h$422K$3.4M10xas long as short