Funding you earn now, next payment 04:00 UTC+0.0028%/8h= +3.0% APRpaid last 24h −0.001%
Price spread now: dYdX against Bybit+0.068%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.078%−$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and dYdX is 0.068% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.078%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARBUSDT | 0.2210 | −0.0028 | get 0.0028% / 8h | 4h 17m | $55.9M | $127.1M | 50x |
| Short | dYdX ARB-USD | 0.2212 | 0 | get 0.0000% / 1h | 17m 41s | $65K | $5K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Bybit. 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
- $5.83
- Price spread: +0.068% → 0.000%
- $6.8
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$8.37
- Costs to cover
- 0.210%
- Break-even
- 17.0 days
Slippage unknown: Bybit: live order book, 1 min ago; dYdX: no order-book sample. Net counts fees only.
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 Bybit live order book, 1 min ago | 0.23 bp | 7.0 bp −$7 | 17.2 bp −$172 | 61.8 bp −$6,176 | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.2203 | −0.321% | $40K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0168% | 1h | 0.2207 | −0.140% | $7K | $2K | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0140% | 1h | 0.2208 | −0.100% | $97K | $2.2M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0128% | 8h | 0.2210 | +0.009% | $22.3M | $149.0M | 50x | as long as short |
| MEXC ARB_USDT | −0.0127% | 8h | 0.2210 | −0.009% | $42.0M | $60.8M | 200x | as long as short |
| Variational Omni ARB | −0.0098% | 8h | 0.2211 | +0.029% | $1.8M | $2.9M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0073% | 8h | 0.2209 | −0.050% | $12K | $397K | 10x | as long as short |
| Gate ARB_USDT | −0.0059% | 8h | 0.2211 | +0.027% | $5.3M | $18.8M | 60x | as long as short |
| Bybit ARBUSDTlong | −0.0028% | 8h | 0.2210 | long leg | $55.9M | $127.1M | 50x | |
| Kraken Futures PF_ARBUSD | −0.0006% | 1h | 0.2210 | −0.001% | $1.1M | $4.4M | 50x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USDshort | 0.0000% | 1h | 0.2212 | +0.068% | $65K | $5K | 10x | |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2209 | −0.032% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2209 | −0.030% | $32K | — | 150x | as long as short |
| SoDEX ARB-USD | +0.0024% | 1h | 0.2209 | −0.045% | $10K | $2.3M | 5x | as long as short |
| Extended ARB-USD | +0.0024% | 1h | 0.2210 | −0.007% | $354K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0026% | 8h | 0.2211 | +0.045% | $64.3M | $307.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0069% | 8h | 0.2210 | −0.005% | $21.0M | $34.8M | 50x | as long as short |
| BingX ARB-USDT | +0.0069% | 8h | 0.2210 | +0.009% | — | $53.9M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2210 | −0.019% | $140K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2210 | −0.014% | $1.2M | $5.8M | 15x | as long as short |
| BloFin ARB-USDT | +0.0098% | 8h | 0.2211 | +0.054% | $3.1M | $2.6M | 75x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2212 | +0.081% | $38.0M | $48.9M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2210 | −0.013% | $636K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2211 | +0.036% | $43K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2211 | +0.027% | $19.6M | $15.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2214 | +0.156% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2214 | +0.176% | $470K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2212 | +0.086% | $119K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2212 | +0.086% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2209 | −0.045% | $300K | $950K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2210 | −0.005% | $5.0M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2216 | +0.267% | $492K | $2.0M | 50x | as long as short |
| RISEx ARB/USDC | +0.0225% | 1h | 0.2208 | −0.118% | $471K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0159% | 1h | 0.2209 | −0.029% | $833K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2208 | −0.116% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0633% | 1h | 0.2213 | +0.127% | $997K | $2.8M | 20x | as long as short |
Bybit ARBUSDT
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Gate ARB_USDT
Kraken Futures PF_ARBUSD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
SoDEX ARB-USD
Extended ARB-USD
Binance ARBUSDT
Bitget ARBUSDT
BingX ARB-USDT
Lighter ARB
BloFin ARB-USDT
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
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP