Funding you earn now, next payment 08:00 UTC−0.0111%/8h= −12.2% APRnext payment −$1.11 per $10,000 · paid last 24h −0.026%
Price spread now: OKX against Binance−0.029%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$350.348% of the position
Funding, last 7 days−0.075%−$8 on $10k
+Price spread, last 7 days+0.026%+$3 · spread now −0.029%, 7d avg −0.029%
=The price spread sits at its 7-day average of −0.029%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARBUSDT | 0.2255 | −0.0007 | get 0.0007% / 8h | 7h 29m | $66.4M | $309.8M | 75x |
| Short | OKX ARB-USDT-SWAP | 0.2254 | −0.0119 | pay 0.0119% / 8h | 7h 29m | $22.6M | $156.8M | 50x |
Binance ARBUSDT
OKX ARB-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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
- −$23.41
- Price spread: −0.029% → −0.029%
- $0.04
- Slippage, 4 orders
- −$14.81
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$58.17
- Costs to cover
- 0.348%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; OKX: live order book, 4 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, 14 min ago | 0.22 bp | 7.8 bp −$8 | 24.1 bp −$241 | 78.1 bp −$7,810 | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.22 bp | 7.4 bp −$7 | 12.5 bp −$125 | 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 | −0.1666% | 1h | 0.2234 | −0.916% | $40K | $372K | 12x | as long as short |
| Variational Omni ARB | −0.0206% | 8h | 0.2249 | −0.237% | $2.0M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0157% | 8h | 0.2254 | −0.038% | $58.2M | $126.4M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0152% | 1h | 0.2253 | −0.051% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0138% | 1h | 0.2254 | −0.019% | $1.1M | $4.9M | 50x | as long as short |
| MEXC ARB_USDT | −0.0119% | 8h | 0.2256 | +0.038% | $38.6M | $59.1M | 200x | as long as short |
| OKX ARB-USDT-SWAPshort | −0.0119% | 8h | 0.2254 | −0.029% | $22.6M | $156.8M | 50x | |
| SoDEX ARB-USD | −0.0103% | 1h | 0.2252 | −0.117% | $4K | $2.5M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0048% | 8h | 0.2252 | −0.117% | $12K | $386K | 10x | as long as short |
| Extended ARB-USD | −0.0008% | 1h | 0.2255 | +0.015% | $361K | $3.6M | 25x | as long as short |
Injective ARB/USDC PERP
Variational Omni ARB
Bybit ARBUSDT
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
MEXC ARB_USDT
SoDEX ARB-USD
Orderly PERP_ARB_USDC
Extended ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDTlong | −0.0007% | 8h | 0.2255 | long leg | $66.4M | $309.8M | 75x | |
| dYdX ARB-USD | 0.0000% | 1h | 0.2253 | −0.091% | $67K | $4K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2253 | −0.091% | $25K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2253 | −0.091% | $32K | — | 150x | as long as short |
| BingX ARB-USDC | +0.0067% | 8h | 0.2255 | +0.025% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0072% | 8h | 0.2255 | +0.016% | $21.5M | $35.7M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2253 | −0.088% | $143K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2254 | −0.020% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2256 | +0.056% | $40.7M | $47.3M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2254 | −0.011% | $701K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2252 | −0.131% | $44K | $186K | 10x | as long as short |
| Gate ARB_USDT | +0.0100% | 8h | 0.2256 | +0.047% | $5.4M | $19.8M | 60x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2256 | +0.064% | $19.6M | $15.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2242 | −0.566% | $40K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2241 | −0.605% | $479K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2246 | −0.384% | $121K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2253 | −0.064% | $64K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2255 | +0.016% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2253 | −0.073% | $293K | $975K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2251 | −0.162% | $5.1M | $13.0M | 50x | as long as short |
| BloFin ARB-USDT | +0.0113% | 8h | 0.2251 | −0.184% | $3.1M | $2.8M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2253 | −0.073% | $508K | $2.2M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0288% / S −0.0175% | 1h | 0.2253 | −0.071% | $892K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2251 | −0.144% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2255 | +0.034% | $513K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0501% | 1h | 0.2258 | +0.140% | $1.0M | $2.8M | 20x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
BingX ARB-USDC
Bitget ARBUSDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Gate ARB_USDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP