Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.020%

Price spread now: edgeX against Binance−0.136%70s7-day average +0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$630.628% of the position

Long on Binance Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.143%+$14 on $10k

Price spread, last 4 days (all we have)+0.646%+$65 · spread now −0.136%, 7d avg +0.023%

Together, before fees+0.789%+ Points / potential airdropedgeX: Active · farm board+$79 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.159% cheaper against Binance than usual: you would sell low and buy high (spread −0.136% now, against its 7-day average of +0.023%). If the spread goes back, that is −$16 on $10k: about 5.7 days of funding at the current rate (+$3 a day). The two prices were read 70 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	Binance ARBUSDT	0.2211	0.0006	pay 0.0006% / 8h	6h 48m	$64.6M	$318.1M	75x
Short	edgeX ARBUSDC	0.2208	0.0100	get 0.0050% / 4h	2h 48m	$40K	$462K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee edgeXbpOrdersPrice spread, now −0.136%Rate

Funding earned: $19.69
Price spread: −0.136% → +0.023%: −$15.93
Slippage, 4 orders: −$43.84
Fee Binance: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$59.08
Costs to cover: 0.628%
Break-even: 28.0 days

Slippage from Binance: live order book, 10 min ago; edgeX: live order book, 20 min ago.

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 Binance live order book, 10 min ago	0.45 bp	7.7 bp −$8	24.0 bp −$240	79.9 bp −$7,990	doesn't fit
Sell edgeX live order book, 20 min ago	15.45 bp	23.0 bp −$23	124.4 bp −$1,244	doesn't fit	doesn't fit

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	−0.1692%	1h	0.2202	−0.398%	$40K	$372K	12x	as long as short
ApeX Omni ARBUSDT	−0.0820%	1h	0.2212	+0.055%	$119K	$295K	50x	as long as short
01 Exchange ARBUSD	−0.0216%	1h	0.2211	+0.028%	$7K	$2K	10x	as long as short
Variational Omni ARB	−0.0189%	8h	0.2213	+0.114%	$1.9M	$2.9M	—	as long as short
SoDEX ARB-USD	−0.0156%	1h	0.2212	+0.046%	$10K	$2.5M	5x	as long as short
OKX ARB-USDT-SWAP	−0.0103%	8h	0.2211	+0.019%	$22.3M	$157.1M	50x	as long as short
MEXC ARB_USDT	−0.0102%	8h	0.2211	+0.001%	$37.2M	$58.9M	200x	as long as short
Bybit ARBUSDT	−0.0072%	8h	0.2211	+0.028%	$57.0M	$129.3M	50x	as long as short
Orderly PERP_ARB_USDC	−0.0054%	8h	0.2212	+0.055%	$12K	$385K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0021%	1h	0.2212	+0.073%	$24K	$34K	25x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ARB-USD	0.0000%	1h	0.2215	+0.170%	$66K	$5K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2212	+0.075%	$31K	—	150x	as long as short
Binance ARBUSDTlong	+0.0006%	8h	0.2211	long leg	$64.6M	$318.1M	75x
Extended ARB-USD	+0.0008%	1h	0.2211	+0.015%	$352K	$2.5M	25x	as long as short
Gate ARB_USDT	+0.0022%	8h	0.2212	+0.032%	$5.4M	$19.7M	60x	as long as short
BloFin ARB-USDT	+0.0029%	8h	0.2212	+0.032%	$3.1M	$2.9M	75x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2213	+0.085%	$140K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2214	+0.145%	$1.2M	$7.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2213	+0.082%	$38.2M	$50.4M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2213	+0.093%	$659K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2215	+0.190%	$42K	$189K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2212	+0.037%	$19.6M	$15.9M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	0.2211	+0.010%	$21.1M	$36.5M	50x	as long as short
BingX ARB-USDC	+0.0100%	8h	0.2212	+0.046%	—	$6.5M	—	as long as short
edgeX ARBUSDCshort	+0.0100%	4h	0.2208	−0.136%	$40K	$462K	20x
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2209	−0.097%	$479K	$3.6M	10x	as long as short
Polymarket Perps ARB-USD	+0.0100%	1h	0.2213	+0.105%	$76K	$2.0M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2211	+0.010%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2212	+0.068%	$295K	$1.0M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2215	+0.190%	$5.1M	$13.0M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0240%	1h	0.2218	+0.322%	$507K	$2.2M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2212	+0.054%	$825K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2210	−0.055%	$2K	$695	20x	as long as short
Kraken Futures PF_ARBUSD	+0.0312%	1h	0.2214	+0.126%	$1.1M	$4.8M	50x	as long as short
RISEx ARB/USDC	+0.0466%	1h	0.2214	+0.145%	$500K	$2.6M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0499%	1h	0.2218	+0.322%	$1.0M	$2.9M	20x	as long as short