Funding you earn now, next payment 08:00 UTC−0.0159%/8h= −17.5% APRnext payment −$1.59 per $10,000 · paid last 24h −0.041%
Price spread now: OKX against Bitget+0.014%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$420.416% of the position
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 7 days+0.028%+$3 · spread now +0.014%, 7d avg 0.000%
=The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ARBUSDT | 0.2192 | 0.0055 | pay 0.0055% / 8h | 3h 28m | $20.8M | $33.9M | 50x |
| Short | OKX ARB-USDT-SWAP | 0.2192 | −0.0104 | pay 0.0104% / 8h | 3h 28m | $22.1M | $142.6M | 50x |
Bitget ARBUSDT
OKX ARB-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. 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
- −$33.48
- Price spread: +0.014% → 0.000%
- $1.41
- Slippage, 4 orders
- −$19.58
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$73.64
- Costs to cover
- 0.416%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; OKX: live order book, 5 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 Bitget live order book, 5 min ago | 2.28 bp | 12.6 bp −$13 | 18.2 bp −$182 | 86.8 bp −$8,677 | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.23 bp | 8.5 bp −$9 | 25.6 bp −$256 | 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 | −0.1589% | 1h | 0.2188 | −0.182% | $39K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0159% | 1h | 0.2193 | +0.059% | $69K | $2.1M | 10x | as long as short |
| OKX ARB-USDT-SWAPshort | −0.0104% | 8h | 0.2192 | +0.014% | $22.1M | $142.6M | 50x | |
| MEXC ARB_USDT | −0.0103% | 8h | 0.2193 | +0.050% | $41.8M | $60.6M | 200x | as long as short |
| Variational Omni ARB | −0.0098% | 8h | 0.2197 | +0.240% | $1.8M | $2.9M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0069% | 8h | 0.2193 | +0.046% | $12K | $408K | 10x | as long as short |
| Bybit ARBUSDT | −0.0058% | 8h | 0.2192 | −0.018% | $55.4M | $123.4M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0050% | 1h | 0.2194 | +0.077% | $1.1M | $4.4M | 50x | as long as short |
| Gate ARB_USDT | −0.0015% | 8h | 0.2193 | +0.050% | $5.3M | $18.1M | 60x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2197 | +0.223% | $65K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
MEXC ARB_USDT
Variational Omni ARB
Orderly PERP_ARB_USDC
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
Gate ARB_USDT
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ARBUSD | 0.0000% | 1h | 0.2195 | +0.155% | $7K | $2K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2193 | +0.068% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2194 | +0.094% | $32K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0044% | 8h | 0.2193 | +0.046% | $63.9M | $299.4M | 75x | as long as short |
| Extended ARB-USD | +0.0048% | 1h | 0.2191 | −0.031% | $349K | $2.5M | 25x | as long as short |
| Bitget ARBUSDTlong | +0.0055% | 8h | 0.2192 | long leg | $20.8M | $33.9M | 50x | |
| BingX ARB-USDT | +0.0056% | 8h | 0.2192 | +0.018% | — | $53.7M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2193 | +0.068% | $1.2M | $5.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2194 | +0.106% | $139K | $7K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2195 | +0.119% | $37.5M | $48.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2195 | +0.123% | $632K | $1.5M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2196 | +0.167% | $42K | $159K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2194 | +0.082% | $19.6M | $14.6M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2196 | +0.179% | $39K | $465K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2197 | +0.244% | $473K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2198 | +0.274% | $119K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2195 | +0.137% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2194 | +0.078% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2195 | +0.146% | $298K | $884K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2194 | +0.091% | $4.9M | $12.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0118% | 1h | 0.2196 | +0.164% | $471K | $2.6M | 10x | as long as short |
| BloFin ARB-USDT | +0.0165% | 8h | 0.2193 | +0.055% | $3.1M | $2.5M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0256% | 1h | 0.2198 | +0.274% | $496K | $1.6M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2194 | +0.102% | $828K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2193 | +0.028% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0567% | 1h | 0.2196 | +0.182% | $987K | $2.8M | 20x | as long as short |
01 Exchange ARBUSD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BingX ARB-USDT
Lighter ARB
Aevo ARB-PERP
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
RISEx ARB/USDC
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP