Funding you earn now, next payment 04:00 UTC+0.0049%/8h= +5.3% APRpaid last 24h +0.009%
Price spread now: Extended against Bybit−0.015%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$550.546% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 7 days−0.039%−$4 · spread now −0.015%, 7d avg −0.064%
=Together, before fees−0.046%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.049% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.064%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARBUSDT | 0.2215 | −0.0025 | get 0.0025% / 8h | 4h 23m | $55.9M | $126.9M | 50x |
| Short | Extended ARB-USD | 0.2214 | 0.0024 | get 0.0003% / 1h | 23m 23s | $354K | $2.5M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $10.2
- Price spread: −0.015% → −0.064%
- $4.89
- Slippage, 4 orders
- −$38.63
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$39.54
- Costs to cover
- 0.546%
- Break-even
- 34.1 days
Slippage from Bybit: live order book, 6 min ago; Extended: 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 Bybit live order book, 6 min ago | 0.23 bp | 8.2 bp −$8 | 17.9 bp −$179 | 51.1 bp −$5,108 | doesn't fit |
| Sell Extended live order book, 5 min ago | 15.88 bp | 18.4 bp −$18 | 79.2 bp −$792 | 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 | −0.1649% | 1h | 0.2202 | −0.564% | $40K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0168% | 1h | 0.2213 | −0.045% | $7K | $2K | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0132% | 8h | 0.2215 | +0.023% | $22.3M | $149.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0131% | 8h | 0.2213 | −0.063% | $42.1M | $60.7M | 200x | as long as short |
| Polymarket Perps ARB-USD | −0.0131% | 1h | 0.2213 | −0.059% | $98K | $2.2M | 10x | as long as short |
| Variational Omni ARB | −0.0101% | 8h | 0.2211 | −0.156% | $1.8M | $2.9M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0073% | 8h | 0.2215 | +0.023% | $12K | $396K | 10x | as long as short |
| Gate ARB_USDT | −0.0059% | 8h | 0.2214 | −0.023% | $5.4M | $18.8M | 60x | as long as short |
| Bybit ARBUSDTlong | −0.0025% | 8h | 0.2215 | long leg | $55.9M | $126.9M | 50x | |
| Kraken Futures PF_ARBUSD | −0.0006% | 1h | 0.2216 | +0.046% | $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-USD | 0.0000% | 1h | 0.2214 | −0.002% | $66K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2216 | +0.050% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2215 | +0.019% | $32K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0023% | 8h | 0.2214 | −0.014% | $64.4M | $307.7M | 75x | as long as short |
| Extended ARB-USDshort | +0.0024% | 1h | 0.2214 | −0.015% | $354K | $2.5M | 25x | |
| SoDEX ARB-USD | +0.0048% | 1h | 0.2215 | +0.027% | $10K | $2.3M | 5x | as long as short |
| BingX ARB-USDC | +0.0066% | 8h | 0.2214 | −0.023% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0068% | 8h | 0.2214 | −0.023% | $21.1M | $34.9M | 50x | as long as short |
| BloFin ARB-USDT | +0.0081% | 8h | 0.2213 | −0.072% | $3.1M | $2.6M | 75x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2217 | +0.095% | $141K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2213 | −0.068% | $1.2M | $5.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2216 | +0.059% | $38.1M | $48.9M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2214 | −0.003% | $637K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2214 | −0.041% | $43K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2214 | −0.005% | $19.6M | $15.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2216 | +0.064% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2208 | −0.294% | $481K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2217 | +0.113% | $120K | $284K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2216 | +0.068% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2214 | −0.027% | $300K | $951K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2214 | −0.023% | $5.0M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2216 | +0.068% | $492K | $2.0M | 50x | as long as short |
| RISEx ARB/USDC | +0.0225% | 1h | 0.2214 | −0.002% | $470K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0159% | 1h | 0.2215 | +0.016% | $835K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2213 | −0.086% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0646% | 1h | 0.2215 | +0.032% | $998K | $2.8M | 20x | as long as short |
Bybit ARBUSDT
Extended ARB-USD
Injective ARB/USDC PERP
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Polymarket Perps ARB-USD
Variational Omni ARB
Gate ARB_USDT
Kraken Futures PF_ARBUSD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
SoDEX ARB-USD
BingX ARB-USDC
Bitget ARBUSDT
BloFin ARB-USDT
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
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP