After costs, if the gap returns to its 7d average, $10k−$31
spread now+0.187%7d average+0.116%fees + slippage, in and out−$38spread needed0.381%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARBUSDT | 0.2304 | −0.0052 | get 0.0052% / 8h | 7h 32m | $58.6M | $130.9M | 50x |
| Short | Hyperliquid ARB | 0.2308 | 0.0316 | get 0.0039% / 1h | 32m 01s | $42.7M | $49.4M | 10x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $18.67
- Funding while held
- $11.02
- Slippage, 4 orders
- −$18.06
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$8.37
- Spread needed to break even
- 0.381%
Slippage from Bybit: live order book, 3 min ago; Hyperliquid: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0367%
- Per $10,000 a day
- +$11.02
- Average in range /8h
- —
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, 3 min ago | 0.22 bp | 11.0 bp −$11 | 24.1 bp −$241 | 58.8 bp −$5,880 | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 0.43 bp | 11.9 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
ARB price on every exchange
against the cheapest. Click to use as the short leg.ARB on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.504% | −0.1401% | 1h | $59K | $204K | 12x | as long as short |
| Pacifica ARB | −0.160% | +0.0100% | 1h | $50K | $227K | 10x | as long as short |
| dYdX ARB-USD | −0.109% | 0.0000% | 1h | $69K | $4K | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.069% | −0.0015% | 8h | $11K | $366K | 10x | as long as short |
| Reya ARBRUSDPERP | −0.058% | +0.0292% | 1h | $2K | $695 | 20x | as long as short |
| Extended ARB-USD | −0.052% | +0.0104% | 1h | $373K | $2.4M | 25x | as long as short |
| BloFin ARB-USDT | −0.039% | +0.0220% | 8h | $3.2M | $3.2M | 75x | as long as short |
| Aster ARBUSDT | −0.038% | +0.0100% | 8h | $719K | $2.2M | 20x | as long as short |
| OKX ARB-USDT-SWAP | −0.030% | +0.0012% | 8h | $24.1M | $177.1M | 50x | as long as short |
| HTX ARB-USDT | −0.030% | +0.0100% | 8h | $280K | $1.2M | 50x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps ARB-USD | −0.017% | +0.0010% | 1h | $74K | $2.5M | 10x | as long as short |
| Bybit ARBUSDTlong | 0.000% | −0.0052% | 8h | $58.6M | $130.9M | 50x | |
| BingX ARB-USDC | 0.000% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| KuCoin ARBUSDTM | +0.004% | +0.0100% | 8h | $20.6M | $18.2M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | +0.007% | L +0.0005% / S −0.0006% | 1h | $61K | — | 150x | as long as short |
| GMX ARB/USD [ARB-USDC] | +0.008% | L +0.0271% / S −0.0220% | 1h | $692K | — | 150x | as long as short |
| Deribit ARB_USDC-PERPETUAL | +0.013% | 0.0000% | 1h | $40K | $16K | 25x | as long as short |
| Bitget ARBUSDT | +0.017% | +0.0100% | 8h | $21.4M | $39.5M | 50x | as long as short |
| Phemex ARBUSDT | +0.017% | +0.0100% | 8h | $5.7M | $14.5M | 50x | as long as short |
| SoDEX ARB-USD | +0.026% | −0.0009% | 1h | $5K | $2.9M | 5x | as long as short |
| 01 Exchange ARBUSD | +0.052% | −0.0096% | 1h | $7K | $2K | 10x | as long as short |
| Binance ARBUSDT | +0.058% | +0.0100% | 8h | $66.1M | $323.2M | 75x | as long as short |
| MEXC ARB_USDT | +0.061% | +0.0011% | 8h | $39.5M | $61.8M | 200x | as long as short |
| Aevo ARB-PERP | +0.066% | +0.0104% | 1h | $154K | $9K | 3x | as long as short |
| edgeX ARBUSDC | +0.079% | +0.0100% | 4h | $39K | $466K | 20x | as long as short |
| Lighter ARB | +0.082% | +0.0096% | 1h | $1.6M | $7.3M | 15x | as long as short |
| Gate ARB_USDT | +0.082% | +0.0100% | 8h | $5.5M | $20.8M | 60x | as long as short |
| Kraken Futures PF_ARBUSD | +0.129% | −0.0199% | 1h | $1.1M | $4.8M | 50x | as long as short |
| SunX ARB-USDT | +0.148% | +0.0100% | 8h | $1K | $1.1M | 30x | as long as short |
| RISEx ARB/USDC | +0.166% | +0.0449% | 1h | $440K | $3.2M | 10x | as long as short |
| Hyperliquid ARBshort | +0.187% | +0.0316% | 1h | $42.7M | $49.4M | 10x | |
| Backpack ARB_USDC_PERP | +0.187% | +0.0573% | 1h | $959K | $3.0M | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.234% | +0.0464% | 1h | $530K | $2.5M | 50x | as long as short |
| Variational Omni ARB | +0.255% | +0.0100% | 8h | $1.9M | $3.3M | — | as long as short |
| ApeX Omni ARBUSDT | +0.321% | +0.0100% | 1h | $130K | $261K | 50x | as long as short |
Bybit ARBUSDT
Hyperliquid ARB
Injective
Pacifica
Extended
BloFin
Aster
OKX
HTX
Polymarket Perps
BingX
KuCoin
gTrade (Gains Network)
GMX
Deribit
Bitget
Phemex
SoDEX
Binance
MEXC
Lighter
Gate
Kraken Futures
SunX
RISEx
Backpack
Coinbase International
Variational Omni
ApeX Omni