After costs, if the gap returns to its 7d average, $10k−$27
spread now+0.098%7d average+0.108%fees + slippage, in and out−$26spread needed0.256%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARB-USDT | 0.2245 | 0.0100 | pay 0.0100% / 8h | 6h 00m | — | $55.5M | — |
| Short | Hyperliquid ARB | 0.2248 | 0.0143 | get 0.0018% / 1h | 0m 55s | $40.5M | $50.8M | 10x |
BingX ARB-USDT
Hyperliquid ARBPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $9.8
- Funding while held
- $1.28
- Slippage, 4 orders
- −$6.63
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$14.55
- Spread needed to break even
- 0.256%
Slippage from BingX: live order book, 14 min ago; Hyperliquid: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0043%
- Per $10,000 a day
- +$1.28
- Average in range /8h
- —
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 BingX live order book, 14 min ago | 2.00 bp | 7.9 bp −$8 | 9.9 bp −$99 | 18.3 bp −$1,830 | 48.0 bp −$24.0K |
| Sell Hyperliquid live order book, 4 min ago | 0.22 bp | 5.0 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
ARB price on every exchange
against the cheapest. Click to use as the short leg.edgeX0.2237cheapestApeX Omni0.2238+0.067%Injective0.2238+0.067%Variational Omni0.2240+0.149%Coinbase International0.2244+0.326%Phemex0.2245+0.379%Bybit0.2245+0.402%
ApeX Omni
Injective
Variational Omni
Coinbase International
Phemex
BybitBingX0.2245+0.402%
Gate0.2246+0.406%Bitget0.2246+0.424%Binance0.2247+0.447%Extended0.2247+0.447%BloFin0.2247+0.451%Aster0.2247+0.466%OKX0.2247+0.473%Reya0.2247+0.475%MEXC0.2247+0.478%HTX0.2247+0.482%SoDEX0.2247+0.487%KuCoin0.2248+0.496%
Gate
Bitget
Binance
Extended
BloFin
Aster
OKX
Reya
MEXC
HTX
SoDEX
KuCoinHyperliquid0.2248+0.500%
Orderly0.2248+0.514%Deribit0.2248+0.518%Lighter0.2248+0.527%01 Exchange0.2248+0.532%Polymarket Perps0.2248+0.536%gTrade (Gains Network)0.2249+0.536%Aevo0.2249+0.553%GMX0.2249+0.560%Pacifica0.2249+0.570%Kraken Futures0.2249+0.574%Backpack0.2250+0.585%dYdX0.2250+0.603%SunX0.2251+0.648%RISEx0.2251+0.669%
Orderly
Deribit
Lighter
Polymarket Perps
gTrade (Gains Network)
Aevo
GMX
Pacifica
Kraken Futures
Backpack
dYdX
SunX
RISExARB on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX ARBUSDC | −0.400% | +0.0100% | 4h | $38K | $465K | 20x | as long as short |
| ApeX Omni ARBUSDT | −0.334% | +0.0100% | 1h | $126K | $259K | 50x | as long as short |
| Injective ARB/USDC PERP | −0.334% | −0.1630% | 1h | $55K | $139K | 12x | as long as short |
| Variational Omni ARB | −0.252% | +0.0055% | 8h | $1.8M | $3.3M | — | as long as short |
| Coinbase International ARB-PERP-INTX | −0.076% | +0.0432% | 1h | $522K | $2.5M | 50x | as long as short |
| Phemex ARBUSDT | −0.022% | +0.0100% | 8h | $5.4M | $14.1M | 50x | as long as short |
| Bybit ARBUSDT | 0.000% | −0.0074% | 8h | $56.6M | $130.8M | 50x | as long as short |
| BingX ARB-USDTlong | 0.000% | +0.0100% | 8h | — | $55.5M | — | |
| Gate ARB_USDT | +0.004% | +0.0100% | 8h | $5.4M | $21.4M | 60x | as long as short |
| Bitget ARBUSDT | +0.022% | +0.0100% | 8h | $20.7M | $38.8M | 50x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | +0.045% | +0.0100% | 8h | $62.9M | $317.2M | 75x | as long as short |
| Extended ARB-USD | +0.045% | +0.0104% | 1h | $364K | $2.4M | 25x | as long as short |
| BloFin ARB-USDT | +0.049% | +0.0220% | 8h | $3.1M | $3.1M | 75x | as long as short |
| Aster ARBUSDT | +0.064% | +0.0100% | 8h | $703K | $1.8M | 20x | as long as short |
| OKX ARB-USDT-SWAP | +0.071% | +0.0011% | 8h | $23.1M | $165.4M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.073% | +0.0292% | 1h | $2K | $695 | 20x | as long as short |
| MEXC ARB_USDT | +0.076% | +0.0010% | 8h | $40.6M | $64.4M | 200x | as long as short |
| HTX ARB-USDT | +0.080% | +0.0100% | 8h | $277K | $1.2M | 50x | as long as short |
| SoDEX ARB-USD | +0.085% | +0.0046% | 1h | $5K | $2.8M | 5x | as long as short |
| KuCoin ARBUSDTM | +0.094% | +0.0100% | 8h | $21.0M | $17.8M | 75x | as long as short |
| Hyperliquid ARBshort | +0.098% | +0.0143% | 1h | $40.5M | $50.8M | 10x | |
| Orderly PERP_ARB_USDC | +0.111% | +0.0021% | 8h | $11K | $381K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | +0.116% | −0.0017% | 1h | $39K | $16K | 25x | as long as short |
| Lighter ARB | +0.125% | +0.0096% | 1h | $1.4M | $7.6M | 15x | as long as short |
| 01 Exchange ARBUSD | +0.129% | −0.0192% | 1h | $7K | $2K | 10x | as long as short |
| Polymarket Perps ARB-USD | +0.134% | −0.0061% | 1h | $68K | $2.4M | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | +0.134% | L +0.0005% / S −0.0006% | 1h | $59K | — | 150x | as long as short |
| Aevo ARB-PERP | +0.150% | +0.0104% | 1h | $150K | $9K | 3x | as long as short |
| GMX ARB/USD [ARB-USDC] | +0.157% | L +0.0305% / S −0.0227% | 1h | $785K | — | 150x | as long as short |
| Pacifica ARB | +0.167% | +0.0100% | 1h | $48K | $199K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | +0.171% | −0.0244% | 1h | $1.1M | $4.9M | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.183% | +0.0525% | 1h | $960K | $3.0M | 20x | as long as short |
| dYdX ARB-USD | +0.200% | 0.0000% | 1h | $68K | $3K | 10x | as long as short |
| SunX ARB-USDT | +0.245% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| RISEx ARB/USDC | +0.266% | +0.0519% | 1h | $430K | $3.0M | 10x | as long as short |