Funding you earn now, next payment 00:00 UTC+0.0108%/8h= +11.9% APRnext payment +$1.08 per $10,000 · paid last 24h +0.013%
Price spread now: SunX against Binance+0.058%7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1751.746% of the position
Funding, last 7 days+0.135%+$13 on $10k
+Price spread, last 3 days (all we have)+0.854%+$85 · spread now +0.058%, 7d avg +0.095%
=Funding pays, the price is against you. SunX is 0.037% cheaper against Binance than usual: you would sell low and buy high (spread +0.058% now, against its 7-day average of +0.095%). If the spread goes back, that is −$4 on $10k: about 27 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARBUSDT | 0.2241 | −0.0008 | get 0.0008% / 8h | 1h 13m | $64.1M | $316.3M | 75x |
| Short | SunX ARB-USDT | 0.2242 | 0.0100 | get 0.0100% / 8h | 1h 13m | $1K | $1.1M | 30x |
Binance ARBUSDT
SunX ARB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $22.76
- Price spread: +0.058% → +0.095%
- −$3.67
- Slippage, 4 orders
- −$156.55
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$155.45
- Costs to cover
- 1.746%
- Break-even
- 54.8 days
Slippage from Binance: live order book, 15 min ago; SunX: live order book, 10 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, 15 min ago | 0.22 bp | 8.1 bp −$8 | 19.0 bp −$190 | 71.1 bp −$7,108 | doesn't fit |
| Sell SunX live order book, 10 min ago | 31.25 bp | 95.1 bp −$95 | doesn't fit | 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 | −0.1770% | 1h | 0.2231 | −0.433% | $40K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0240% | 1h | 0.2240 | −0.045% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USD | −0.0206% | 1h | 0.2241 | +0.036% | $4K | $2.7M | 5x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0196% | 1h | 0.2242 | +0.040% | $26K | $32K | 25x | as long as short |
| Variational Omni ARB | −0.0168% | 8h | 0.2236 | −0.193% | $1.9M | $2.7M | — | as long as short |
| Bybit ARBUSDT | −0.0153% | 8h | 0.2240 | −0.036% | $57.9M | $132.5M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0137% | 1h | 0.2240 | −0.045% | $73K | $2.0M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0100% | 8h | 0.2241 | 0.000% | $22.5M | $160.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0099% | 8h | 0.2241 | 0.000% | $37.3M | $62.7M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0039% | 8h | 0.2240 | −0.031% | $10K | $395K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
SoDEX ARB-USD
Deribit ARB_USDC-PERPETUAL
Variational Omni ARB
Bybit ARBUSDT
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDTlong | −0.0008% | 8h | 0.2241 | long leg | $64.1M | $316.3M | 75x | |
| Extended ARB-USD | −0.0008% | 1h | 0.2240 | −0.026% | $356K | $2.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2243 | +0.120% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2243 | +0.089% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0036% | 8h | 0.2241 | +0.036% | $5.5M | $20.7M | 60x | as long as short |
| Bitget ARBUSDT | +0.0066% | 8h | 0.2240 | −0.031% | $21.1M | $37.1M | 50x | as long as short |
| BingX ARB-USDC | +0.0068% | 8h | 0.2240 | −0.040% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2243 | +0.080% | $147K | $12K | 3x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2243 | +0.119% | $1.1M | $5.1M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2243 | +0.116% | $1.3M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2242 | +0.076% | $40.1M | $50.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2242 | +0.039% | $696K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2243 | +0.111% | $44K | $193K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2241 | +0.036% | $20.7M | $16.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2238 | −0.104% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2239 | −0.054% | $486K | $3.8M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2240 | −0.031% | $121K | $295K | 50x | as long as short |
| SunX ARB-USDTshort | +0.0100% | 8h | 0.2242 | +0.058% | $1K | $1.1M | 30x | |
| HTX ARB-USDT | +0.0100% | 8h | 0.2240 | −0.045% | $276K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2241 | +0.013% | $5.2M | $13.3M | 50x | as long as short |
| BloFin ARB-USDT | +0.0112% | 8h | 0.2241 | +0.036% | $3.0M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2246 | +0.237% | $507K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0156% | 1h | 0.2242 | +0.064% | $841K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2239 | −0.063% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2242 | +0.055% | $496K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0618% | 1h | 0.2243 | +0.094% | $1.1M | $2.7M | 20x | as long as short |
Extended ARB-USD
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Bitget ARBUSDT
BingX ARB-USDC
Aevo ARB-PERP
Kraken Futures PF_ARBUSD
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
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