Settings8H · net · $10k
Funding arb · Price arb /

ARB

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SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ARBUSDT0.2215−0.0025get 0.0025% / 8h4h 23m$55.9M$126.9M50x
ShortExtended ARB-USD0.22140.0024get 0.0003% / 1h23m 23s$354K$2.5M25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 6 min ago0.23 bp8.2 bp −$817.9 bp −$17951.1 bp −$5,108doesn't fit
Sell Extended live order book, 5 min ago15.88 bp18.4 bp −$1879.2 bp −$792doesn't fitdoesn't fit

ARB on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1649%1h0.2202−0.564%$40K$372K12xas long as short
01 Exchange ARBUSD−0.0168%1h0.2213−0.045%$7K$2K10xas long as short
OKX ARB-USDT-SWAP−0.0132%8h0.2215+0.023%$22.3M$149.4M50xas long as short
MEXC ARB_USDT−0.0131%8h0.2213−0.063%$42.1M$60.7M200xas long as short
Polymarket Perps ARB-USD−0.0131%1h0.2213−0.059%$98K$2.2M10xas long as short
Variational Omni ARB−0.0101%8h0.2211−0.156%$1.8M$2.9Mas long as short
Orderly PERP_ARB_USDC−0.0073%8h0.2215+0.023%$12K$396K10xas long as short
Gate ARB_USDT−0.0059%8h0.2214−0.023%$5.4M$18.8M60xas long as short
Bybit ARBUSDTlong−0.0025%8h0.2215long leg$55.9M$126.9M50x
Kraken Futures PF_ARBUSD−0.0006%1h0.2216+0.046%$1.1M$4.4M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ARB-USD0.0000%1h0.2214−0.002%$66K$5K10xas long as short
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2216+0.050%$24K$34K25xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0006%1h0.2215+0.019%$32K150xas long as short
Binance ARBUSDT+0.0023%8h0.2214−0.014%$64.4M$307.7M75xas long as short
Extended ARB-USDshort+0.0024%1h0.2214−0.015%$354K$2.5M25x
SoDEX ARB-USD+0.0048%1h0.2215+0.027%$10K$2.3M5xas long as short
BingX ARB-USDC+0.0066%8h0.2214−0.023%$6.5Mas long as short
Bitget ARBUSDT+0.0068%8h0.2214−0.023%$21.1M$34.9M50xas long as short
BloFin ARB-USDT+0.0081%8h0.2213−0.072%$3.1M$2.6M75xas long as short
Aevo ARB-PERP+0.0088%1h0.2217+0.095%$141K$7K3xas long as short
Lighter ARB+0.0096%1h0.2213−0.068%$1.2M$5.7M15xas long as short
Hyperliquid ARB+0.0100%1h0.2216+0.059%$38.1M$48.9M10xas long as short
Aster ARBUSDT+0.0100%8h0.2214−0.003%$637K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2214−0.041%$43K$169K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2214−0.005%$19.6M$15.0M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2216+0.064%$40K$461K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2208−0.294%$481K$3.6M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2217+0.113%$120K$284K50xas long as short
SunX ARB-USDT+0.0100%8h0.2216+0.068%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2214−0.027%$300K$951K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2214−0.023%$5.0M$13.0M50xas long as short
Coinbase International ARB-PERP-INTX+0.0224%1h0.2216+0.068%$492K$2.0M50xas long as short
RISEx ARB/USDC+0.0225%1h0.2214−0.002%$470K$2.6M10xas long as short
GMX ARB/USD [ARB-USDC]L +0.0276% / S −0.0159%1h0.2215+0.016%$835K150xas long as short
Reya ARBRUSDPERP+0.0289%1h0.2213−0.086%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0646%1h0.2215+0.032%$998K$2.8M20xas long as short