Funding you earn now, next payment 08:00 UTC−0.0101%/8h= −11.1% APRpaid last 24h −0.042%
Price spread now: SoDEX against Bitget+0.005%7-day average +0.016% · 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−$36as in the Price arb table
costs, in and out, $10k−$350.347% of the position
Funding, last 3 days (all we have)−0.087%−$9 on $10k
+Price spread, last 4 days (all we have)+0.428%+$43 · spread now +0.005%, 7d avg +0.016%
=The price spread sits at its 7-day average of +0.016%, 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 | Bitget ARBUSDT | 0.2172 | 0.0085 | pay 0.0085% / 8h | 20m 10s | $21.0M | $34.6M | 50x |
| Short | SoDEX ARB-USD | 0.2172 | −0.0016 | pay 0.0002% / 1h | 20m 10s | $9K | $2.2M | 5x |
Bitget ARBUSDT
SoDEX ARB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$21.25
- Price spread: +0.005% → +0.016%
- −$1.16
- Slippage, 4 orders
- −$14.69
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$57.1
- Costs to cover
- 0.347%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; SoDEX: 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 Bitget live order book, 4 min ago | 2.30 bp | 11.2 bp −$11 | 17.2 bp −$172 | 78.0 bp −$7,804 | doesn't fit |
| Sell SoDEX live order book, 4 min ago | 0.23 bp | 5.4 bp −$5 | 19.0 bp −$190 | 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 | −0.1612% | 1h | 0.2165 | −0.322% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0200% | 1h | 0.2172 | −0.005% | $7K | $236 | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0084% | 8h | 0.2172 | −0.009% | $21.8M | $144.1M | 50x | as long as short |
| MEXC ARB_USDT | −0.0083% | 8h | 0.2172 | +0.009% | $41.6M | $62.6M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0044% | 8h | 0.2172 | 0.000% | $13K | $404K | 10x | as long as short |
| SoDEX ARB-USDshort | −0.0016% | 1h | 0.2172 | +0.005% | $9K | $2.2M | 5x | |
| Polymarket Perps ARB-USD | −0.0011% | 1h | 0.2172 | +0.018% | $76K | $2.1M | 10x | as long as short |
| Extended ARB-USD | −0.0008% | 1h | 0.2171 | −0.046% | $347K | $3.1M | 25x | as long as short |
| Binance ARBUSDT | −0.0006% | 8h | 0.2173 | +0.037% | $62.3M | $301.2M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2173 | +0.058% | $64K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDC
Polymarket Perps ARB-USD
Extended ARB-USD
Binance ARBUSDT
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2173 | +0.046% | $28K | $38K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0007% | 1h | 0.2174 | +0.070% | $69K | — | 150x | as long as short |
| Variational Omni ARB | +0.0011% | 8h | 0.2172 | −0.015% | $1.8M | $3.0M | — | as long as short |
| Bybit ARBUSDT | +0.0016% | 8h | 0.2172 | +0.018% | $53.1M | $126.0M | 50x | as long as short |
| Gate ARB_USDT | +0.0016% | 8h | 0.2172 | +0.014% | $5.3M | $18.4M | 60x | as long as short |
| RISEx ARB/USDC | +0.0069% | 1h | 0.2173 | +0.058% | $500K | $2.6M | 10x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2173 | +0.036% | $138K | $7K | 3x | as long as short |
| BingX ARB-USDC | +0.0084% | 8h | 0.2173 | +0.028% | — | $6.5M | — | as long as short |
| Bitget ARBUSDTlong | +0.0085% | 8h | 0.2172 | long leg | $21.0M | $34.6M | 50x | |
| Kraken Futures PF_ARBUSD | +0.0093% | 1h | 0.2173 | +0.068% | $1.1M | $4.4M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2172 | −0.014% | $1.3M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2173 | +0.069% | $36.6M | $49.5M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2173 | +0.061% | $622K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2174 | +0.077% | $43K | $147K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2173 | +0.046% | $19.3M | $14.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2175 | +0.127% | $38K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2175 | +0.161% | $467K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2177 | +0.230% | $118K | $278K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2175 | +0.138% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2173 | +0.051% | $291K | $841K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2172 | 0.000% | $4.8M | $12.7M | 50x | as long as short |
| BloFin ARB-USDT | +0.0113% | 8h | 0.2172 | +0.009% | $3.0M | $2.3M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2173 | +0.042% | $820K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2171 | −0.037% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2177 | +0.244% | $511K | $1.5M | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0486% | 1h | 0.2175 | +0.152% | $976K | $2.9M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Variational Omni ARB
Bybit ARBUSDT
Gate ARB_USDT
RISEx ARB/USDC
Aevo ARB-PERP
BingX ARB-USDC
Kraken Futures PF_ARBUSD
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
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP