Funding you earn now, next payment 04:00 UTC+0.0006%/8h= +0.6% APRpaid last 24h −0.032%
Price spread now: SoDEX against Binance+0.001%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$300.297% of the position
Funding, last 3 days (all we have)−0.067%−$7 on $10k
+Price spread, last 4 days (all we have)+1.341%+$134 · spread now +0.001%, 7d avg −0.001%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARBUSDT | 0.2208 | 0.0026 | pay 0.0026% / 8h | 4h 16m | $64.2M | $307.6M | 75x |
| Short | SoDEX ARB-USD | 0.2208 | 0.0031 | get 0.0004% / 1h | 16m 08s | $10K | $2.3M | 5x |
Binance ARBUSDT
SoDEX ARB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $1.17
- Price spread: +0.001% → −0.001%
- $0.18
- Slippage, 4 orders
- −$11.74
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$28.39
- Costs to cover
- 0.297%
- Break-even
- 177.3 days
Slippage from Binance: live order book, 12 min ago; SoDEX: live order book, 3 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, 12 min ago | 0.23 bp | 10.9 bp −$11 | 24.5 bp −$245 | 82.1 bp −$8,212 | doesn't fit |
| Sell SoDEX live order book, 3 min ago | 0.23 bp | 5.4 bp −$5 | 18.3 bp −$183 | 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 | −0.1649% | 1h | 0.2199 | −0.397% | $40K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0168% | 1h | 0.2208 | −0.012% | $7K | $2K | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0138% | 1h | 0.2207 | −0.035% | $87K | $2.2M | 10x | as long as short |
| MEXC ARB_USDT | −0.0126% | 8h | 0.2208 | −0.012% | $41.9M | $60.8M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0125% | 8h | 0.2207 | −0.026% | $22.2M | $148.8M | 50x | as long as short |
| Variational Omni ARB | −0.0098% | 8h | 0.2206 | −0.064% | $1.8M | $2.9M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0073% | 8h | 0.2208 | +0.010% | $12K | $397K | 10x | as long as short |
| Gate ARB_USDT | −0.0059% | 8h | 0.2208 | −0.003% | $5.3M | $18.8M | 60x | as long as short |
| Bybit ARBUSDT | −0.0030% | 8h | 0.2207 | −0.035% | $55.8M | $127.1M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0006% | 1h | 0.2209 | +0.038% | $1.1M | $4.4M | 50x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Variational Omni ARB
Orderly PERP_ARB_USDC
Gate ARB_USDT
Bybit ARBUSDT
Kraken Futures PF_ARBUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2210 | +0.119% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2209 | +0.047% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2208 | +0.029% | $32K | — | 150x | as long as short |
| Extended ARB-USD | +0.0024% | 1h | 0.2206 | −0.064% | $354K | $2.5M | 25x | as long as short |
| Binance ARBUSDTlong | +0.0026% | 8h | 0.2208 | long leg | $64.2M | $307.6M | 75x | |
| SoDEX ARB-USDshort | +0.0031% | 1h | 0.2208 | +0.001% | $10K | $2.3M | 5x | |
| Bitget ARBUSDT | +0.0068% | 8h | 0.2207 | −0.035% | $21.0M | $34.8M | 50x | as long as short |
| BingX ARB-USDC | +0.0068% | 8h | 0.2207 | −0.021% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2209 | +0.043% | $140K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2208 | −0.003% | $1.2M | $5.8M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2209 | +0.047% | $37.9M | $48.9M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2208 | +0.007% | $635K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2210 | +0.078% | $43K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2208 | +0.015% | $19.6M | $15.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2211 | +0.151% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2212 | +0.194% | $478K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2211 | +0.146% | $119K | $284K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2210 | +0.101% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2208 | +0.019% | $300K | $948K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2209 | +0.056% | $5.0M | $13.0M | 50x | as long as short |
| BloFin ARB-USDT | +0.0103% | 8h | 0.2210 | +0.087% | $3.1M | $2.6M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2216 | +0.373% | $492K | $2.0M | 50x | as long as short |
| RISEx ARB/USDC | +0.0225% | 1h | 0.2208 | +0.028% | $470K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2209 | +0.034% | $833K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2207 | −0.055% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0632% | 1h | 0.2211 | +0.137% | $996K | $2.8M | 20x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Bitget ARBUSDT
BingX ARB-USDC
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP