Funding you earn now, next payment 08:00 UTC+0.0171%/8h= +18.7% APRnext payment +$1.71 per $10,000 · paid last 24h +0.029%
Price spread now: SunX against Bybit+0.212%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1701.698% of the position
Funding, last 7 days+0.132%+$13 on $10k
+Price spread, last 4 days (all we have)+0.512%+$51 · spread now +0.212%, 7d avg +0.131%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and SunX is 0.080% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.131%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARBUSDT | 0.2172 | −0.0071 | get 0.0071% / 8h | 2h 30m | $54.3M | $124.2M | 50x |
| Short | SunX ARB-USDT | 0.2177 | 0.0100 | get 0.0100% / 8h | 2h 30m | $1K | $1.1M | 30x |
Bybit ARBUSDT
SunX ARB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $35.92
- Price spread: +0.212% → +0.131%
- $8.05
- Slippage, 4 orders
- −$150.83
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$125.86
- Costs to cover
- 1.698%
- Break-even
- 31.5 days
Slippage from Bybit: live order book, 3 min ago; SunX: live order book, 2 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, 3 min ago | 0.23 bp | 8.7 bp −$9 | 20.1 bp −$201 | 50.1 bp −$5,008 | doesn't fit |
| Sell SunX live order book, 2 min ago | 29.80 bp | 91.9 bp −$92 | doesn't fit | 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 | 0.2165 | −0.341% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0176% | 1h | 0.2173 | +0.037% | $7K | $236 | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0119% | 1h | 0.2174 | +0.064% | $77K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0096% | 8h | 0.2173 | +0.005% | $1.8M | $3.0M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0076% | 8h | 0.2173 | +0.041% | $21.5M | $142.1M | 50x | as long as short |
| MEXC ARB_USDT | −0.0075% | 8h | 0.2174 | +0.060% | $41.5M | $61.3M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0075% | 1h | 0.2174 | +0.089% | $1.0M | $4.4M | 50x | as long as short |
| Bybit ARBUSDTlong | −0.0071% | 8h | 0.2172 | long leg | $54.3M | $124.2M | 50x | |
| Orderly PERP_ARB_USDC | −0.0054% | 8h | 0.2175 | +0.120% | $12K | $409K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2175 | +0.104% | $64K | $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 | 0.2175 | +0.110% | $23K | $33K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2175 | +0.120% | $43K | — | 150x | as long as short |
| Bitget ARBUSDT | +0.0053% | 8h | 0.2173 | +0.028% | $20.8M | $34.3M | 50x | as long as short |
| Gate ARB_USDT | +0.0065% | 8h | 0.2174 | +0.064% | $5.4M | $18.2M | 60x | as long as short |
| BingX ARB-USDC | +0.0074% | 8h | 0.2173 | +0.032% | — | $6.5M | — | as long as short |
| Extended ARB-USD | +0.0080% | 1h | 0.2172 | −0.020% | $348K | $2.8M | 25x | as long as short |
| Binance ARBUSDT | +0.0081% | 8h | 0.2174 | +0.068% | $62.2M | $300.3M | 75x | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2174 | +0.060% | $438K | $2.6M | 10x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2174 | +0.064% | $1.2M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2175 | +0.106% | $36.4M | $48.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2176 | +0.169% | $627K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2174 | +0.072% | $42K | $160K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2175 | +0.106% | $19.4M | $14.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2176 | +0.152% | $38K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2176 | +0.160% | $465K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2175 | +0.120% | $117K | $282K | 50x | as long as short |
| SunX ARB-USDTshort | +0.0100% | 8h | 0.2177 | +0.212% | $1K | $1.1M | 30x | |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2174 | +0.064% | $9K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2177 | +0.221% | $290K | $894K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2174 | +0.074% | $4.9M | $12.7M | 50x | as long as short |
| Aevo ARB-PERP | +0.0104% | 1h | 0.2177 | +0.193% | $138K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0200% | 8h | 0.2175 | +0.101% | $3.0M | $2.4M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0159% | 1h | 0.2175 | +0.105% | $824K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2180 | +0.327% | $503K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2174 | +0.058% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0682% | 1h | 0.2177 | +0.212% | $976K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
Gate ARB_USDT
BingX ARB-USDC
Extended ARB-USD
Binance ARBUSDT
RISEx ARB/USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
Aevo ARB-PERP
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP