Funding you earn now, next payment 00:00 UTC+0.0261%/8h= +28.6% APRpaid last 24h +0.001%
Price spread now: edgeX against Bybit+0.267%111s7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$650.649% of the position
Funding, last 7 days+0.104%+$10 on $10k
+Price spread, last 3 days (all we have)−0.005%−$1 · spread now +0.267%, 7d avg +0.046%
=Together, before fees+0.099%+ Points / potential airdropedgeX: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and edgeX is 0.221% dearer against Bybit than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.046%. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.104% in total (about 5.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARBUSDT | 0.2262 | −0.0161 | get 0.0161% / 8h | 21m 38s | $58.4M | $128.4M | 50x |
| Short | edgeX ARBUSDC | 0.2268 | 0.0100 | get 0.0050% / 4h | 21m 38s | $40K | $461K | 20x |
Bybit ARBUSDT
edgeX ARBUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $54.91
- Price spread: +0.267% → +0.046%
- $22.13
- Slippage, 4 orders
- −$44.93
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $12.12
- Costs to cover
- 0.649%
- Break-even
- 5.5 days
Slippage from Bybit: live order book, 2 min ago; edgeX: live order book, 57 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 Bybit live order book, 2 min ago | 0.22 bp | 9.3 bp −$9 | 18.2 bp −$182 | 48.5 bp −$4,846 | doesn't fit |
| Sell edgeX live order book, 57 min ago | 13.40 bp | 22.4 bp −$22 | 98.9 bp −$989 | 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 | −0.1785% | 1h | 0.2249 | −0.557% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0263% | 1h | 0.2266 | +0.217% | $70K | $2.0M | 10x | as long as short |
| Variational Omni ARB | −0.0183% | 8h | 0.2274 | +0.539% | $2.0M | $2.8M | — | as long as short |
| 01 Exchange ARBUSD | −0.0176% | 1h | 0.2263 | +0.057% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDTlong | −0.0161% | 8h | 0.2262 | long leg | $58.4M | $128.4M | 50x | |
| OKX ARB-USDT-SWAP | −0.0108% | 8h | 0.2262 | +0.004% | $22.9M | $159.5M | 50x | as long as short |
| MEXC ARB_USDT | −0.0108% | 8h | 0.2262 | +0.031% | $38.0M | $59.9M | 200x | as long as short |
| SoDEX ARB-USD | −0.0068% | 1h | 0.2267 | +0.226% | $4K | $2.6M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0038% | 8h | 0.2267 | +0.239% | $13K | $395K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2264 | +0.089% | $67K | $4K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
Variational Omni ARB
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Orderly PERP_ARB_USDC
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 | 0.2268 | +0.301% | $26K | $32K | 25x | as long as short |
| Gate ARB_USDT | +0.0001% | 8h | 0.2263 | +0.049% | $5.4M | $20.3M | 60x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2269 | +0.313% | $55K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0014% | 8h | 0.2262 | +0.031% | $66.4M | $313.8M | 75x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2262 | −0.004% | $361K | $2.3M | 25x | as long as short |
| BloFin ARB-USDT | +0.0058% | 8h | 0.2262 | +0.009% | $3.2M | $2.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0062% | 8h | 0.2263 | +0.062% | $21.4M | $36.0M | 50x | as long as short |
| BingX ARB-USDC | +0.0066% | 8h | 0.2263 | +0.066% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2269 | +0.332% | $148K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2264 | +0.097% | $1.4M | $7.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2266 | +0.212% | $40.8M | $47.5M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2266 | +0.189% | $706K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2264 | +0.105% | $48K | $184K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2263 | +0.057% | $19.7M | $16.1M | 75x | as long as short |
| edgeX ARBUSDCshort | +0.0100% | 4h | 0.2268 | +0.267% | $40K | $461K | 20x | |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2274 | +0.548% | $486K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2267 | +0.239% | $122K | $296K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2271 | +0.416% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2267 | +0.226% | $294K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2266 | +0.195% | $5.2M | $13.1M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2267 | +0.239% | $512K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0236% | 1h | 0.2270 | +0.351% | $1.1M | $4.9M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2266 | +0.204% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0296% / S −0.0186% | 1h | 0.2269 | +0.325% | $927K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2265 | +0.144% | $514K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0475% | 1h | 0.2270 | +0.385% | $1.0M | $2.9M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
Gate ARB_USDT
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDC
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
Kraken Futures PF_ARBUSD
Reya ARBRUSDPERP
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP