Funding you earn now, next payment 19:00 UTC−0.0228%/8hpaid last 24h −0.080%
Price spread now: BingX against Coinbase International−0.236%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$860.856% of the position
Funding, last 7 days−0.284%−$28 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BingX is 0.236% cheaper against Coinbase International than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ARB-PERP-INTX | 0.2285 | 0.0328 | pay 0.0041% / 1h | 5m 48s | $511K | $2.5M | 50x |
| Short | BingX ARB-USDC | 0.2280 | 0.0100 | get 0.0100% / 8h | 4h 05m | — | $6.5M | — |
Coinbase International ARB-PERP-INTX
BingX ARB-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Coinbase International. 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
- −$47.88
- Price spread: −0.236% → 0.000%
- −$23.63
- Slippage, 4 orders
- −$65.59
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$157.1
- Costs to cover
- 0.856%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 2 min ago; BingX: 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 Coinbase International live order book, 2 min ago | 8.54 bp | 22.0 bp −$22 | 37.7 bp −$377 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 3.96 bp | 17.9 bp −$18 | 34.6 bp −$346 | 89.9 bp −$8,988 | 624.4 bp −$312.2K |
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 | −0.1732% | 1h | 0.2276 | −0.394% | $41K | $157K | 12x | as long as short |
| Bybit ARBUSDT | −0.0305% | 8h | 0.2280 | −0.228% | $59.5M | $131.3M | 50x | as long as short |
| SoDEX ARB-USD | −0.0203% | 1h | 0.2281 | −0.158% | $5K | $2.8M | 5x | as long as short |
| Variational Omni ARB | −0.0144% | 8h | 0.2274 | −0.471% | $1.9M | $2.8M | — | as long as short |
| 01 Exchange ARBUSD | −0.0112% | 1h | 0.2282 | −0.118% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0026% | 1h | 0.2283 | −0.104% | $1.1M | $5.1M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0018% | 1h | 0.2281 | −0.166% | $70K | $2.4M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0014% | 8h | 0.2280 | −0.232% | $23.7M | $166.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0013% | 8h | 0.2280 | −0.206% | $39.5M | $63.2M | 200x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2283 | −0.089% | $67K | $4K | 10x | as long as short |
Injective ARB/USDC PERP
Bybit ARBUSDT
SoDEX ARB-USD
Variational Omni ARB
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
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 | 0.2283 | −0.083% | $37K | $18K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2283 | −0.095% | $61K | — | 150x | as long as short |
| Orderly PERP_ARB_USDC | +0.0009% | 8h | 0.2281 | −0.175% | $11K | $387K | 10x | as long as short |
| Binance ARBUSDT | +0.0064% | 8h | 0.2281 | −0.185% | $65.1M | $318.4M | 75x | as long as short |
| Extended ARB-USD | +0.0064% | 1h | 0.2280 | −0.205% | $363K | $2.5M | 25x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2283 | −0.101% | $1.4M | $7.6M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2283 | −0.066% | $152K | $9K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2284 | −0.022% | $42.2M | $51.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2283 | −0.079% | $718K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2282 | −0.129% | $54K | $194K | 10x | as long as short |
| Gate ARB_USDT | +0.0100% | 8h | 0.2281 | −0.162% | $5.6M | $21.6M | 60x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2282 | −0.118% | $21.4M | $17.2M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2281 | −0.175% | $21.5M | $38.1M | 50x | as long as short |
| BingX ARB-USDCshort | +0.0100% | 8h | 0.2280 | −0.236% | — | $6.5M | — | |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2276 | −0.389% | $39K | $448K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2277 | −0.350% | $488K | $4.1M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2276 | −0.394% | $126K | $272K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2283 | −0.088% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2281 | −0.153% | $282K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2281 | −0.175% | $5.6M | $14.0M | 50x | as long as short |
| BloFin ARB-USDT | +0.0184% | 8h | 0.2281 | −0.153% | $3.2M | $3.1M | 75x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2280 | −0.207% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0315% / S −0.0212% | 1h | 0.2283 | −0.095% | $894K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTXlong | +0.0328% | 1h | 0.2285 | long leg | $511K | $2.5M | 50x | |
| Backpack ARB_USDC_PERP | +0.0548% | 1h | 0.2285 | 0.000% | $975K | $2.8M | 20x | as long as short |
| RISEx ARB/USDC | +0.0564% | 1h | 0.2284 | −0.028% | $545K | $2.9M | 10x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Orderly PERP_ARB_USDC
Binance ARBUSDT
Extended ARB-USD
Lighter ARB
Aevo ARB-PERP
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Gate ARB_USDT
KuCoin ARBUSDTM
Bitget ARBUSDT
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
Reya ARBRUSDPERP
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP
RISEx ARB/USDC