Funding you earn now, next payment 06:00 UTC+0.0175%/8h= +19.1% APRpaid last 24h −0.020%
Price spread now: SoDEX against Bybit+0.050%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$290.287% of the position
Funding, last 3 days (all we have)−0.063%−$6 on $10k
+Price spread, last 4 days (all we have)+0.558%+$56 · spread now +0.050%, 7d avg +0.033%
=The price spread sits at its 7-day average of +0.033%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.063%, 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 | 0.2183 | −0.0075 | get 0.0075% / 8h | 2h 48m | $54.4M | $123.8M | 50x |
| Short | SoDEX ARB-USD | 0.2184 | 0.0100 | get 0.0013% / 1h | 48m 54s | $10K | $2.2M | 5x |
Bybit ARBUSDT
SoDEX ARB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $36.68
- Price spread: +0.050% → +0.033%
- $1.7
- Slippage, 4 orders
- −$9.75
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $9.63
- Costs to cover
- 0.287%
- Break-even
- 5.2 days
Slippage from Bybit: live order book, 5 min ago; SoDEX: 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, 5 min ago | 0.23 bp | 9.6 bp −$10 | 19.4 bp −$194 | 43.0 bp −$4,297 | doesn't fit |
| Sell SoDEX live order book, 5 min ago | 0.23 bp | 5.4 bp −$5 | 19.8 bp −$198 | 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 | −0.1581% | 1h | 0.2176 | −0.302% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0200% | 1h | 0.2185 | +0.092% | $7K | $236 | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0165% | 1h | 0.2184 | +0.060% | $72K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0100% | 8h | 0.2184 | +0.086% | $1.8M | $3.0M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0094% | 8h | 0.2184 | +0.060% | $21.7M | $142.6M | 50x | as long as short |
| MEXC ARB_USDT | −0.0093% | 8h | 0.2185 | +0.087% | $41.1M | $60.1M | 200x | as long as short |
| Bybit ARBUSDTlong | −0.0075% | 8h | 0.2183 | long leg | $54.4M | $123.8M | 50x | |
| Kraken Futures PF_ARBUSD | −0.0074% | 1h | 0.2186 | +0.145% | $1.1M | $4.4M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0059% | 8h | 0.2185 | +0.110% | $12K | $408K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2186 | +0.137% | $65K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Kraken Futures PF_ARBUSD
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 | 0.2185 | +0.110% | $24K | $31K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2185 | +0.130% | $44K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0031% | 8h | 0.2185 | +0.133% | $5.4M | $18.1M | 60x | as long as short |
| Bitget ARBUSDT | +0.0046% | 8h | 0.2184 | +0.064% | $20.8M | $34.2M | 50x | as long as short |
| Extended ARB-USD | +0.0072% | 1h | 0.2183 | −0.001% | $348K | $2.8M | 25x | as long as short |
| BingX ARB-USDC | +0.0073% | 8h | 0.2187 | +0.192% | — | $6.5M | — | as long as short |
| Binance ARBUSDT | +0.0075% | 8h | 0.2184 | +0.076% | $62.7M | $300.5M | 75x | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2185 | +0.128% | $448K | $2.6M | 10x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2184 | +0.073% | $1.2M | $5.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2185 | +0.131% | $139K | $7K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2186 | +0.165% | $36.9M | $48.5M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2186 | +0.168% | $630K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2185 | +0.126% | $42K | $160K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2185 | +0.124% | $19.5M | $14.5M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2185 | +0.131% | $39K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2187 | +0.201% | $466K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2187 | +0.202% | $118K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2188 | +0.247% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USDshort | +0.0100% | 1h | 0.2184 | +0.050% | $10K | $2.2M | 5x | |
| HTX ARB-USDT | +0.0100% | 8h | 0.2185 | +0.119% | $290K | $894K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2184 | +0.064% | $4.9M | $12.6M | 50x | as long as short |
| BloFin ARB-USDT | +0.0195% | 8h | 0.2185 | +0.105% | $3.0M | $2.5M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0160% | 1h | 0.2185 | +0.109% | $830K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2188 | +0.247% | $502K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2184 | +0.048% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0699% | 1h | 0.2188 | +0.238% | $981K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Bitget ARBUSDT
Extended ARB-USD
BingX ARB-USDC
Binance ARBUSDT
RISEx ARB/USDC
Lighter ARB
Aevo ARB-PERP
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
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP