After costs, if the gap returns to its 7d average, $10k−$92
spread now−0.221%7d average−0.072%fees + slippage, in and out−$77spread needed0.768%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ARB-PERP-INTX | 0.2309 | 0.0464 | pay 0.0058% / 1h | 32m 57s | $531K | $2.5M | 50x |
| Short | Hyperliquid ARB | 0.2304 | 0.0312 | get 0.0039% / 1h | 32m 57s | $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
- −$22.08
- Funding while held
- −$4.56
- Slippage, 4 orders
- −$57.81
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$103.45
- Spread needed to break even
- 0.768%
Slippage from Coinbase International: live order book, 2 min ago; Hyperliquid: live order book, 12 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0152%
- Per $10,000 a day
- −$4.56
- 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 Coinbase International live order book, 2 min ago | 8.68 bp | 31.1 bp −$31 | 64.5 bp −$645 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 12 min ago | 1.07 bp | 10.6 bp −$11 | 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 | −0.758% | −0.1401% | 1h | $59K | $204K | 12x | as long as short |
| OKX ARB-USDT-SWAP | −0.407% | +0.0012% | 8h | $24.1M | $177.3M | 50x | as long as short |
| BingX ARB-USDC | −0.407% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| SoDEX ARB-USD | −0.398% | −0.0010% | 1h | $5K | $2.9M | 5x | as long as short |
| Extended ARB-USD | −0.388% | +0.0104% | 1h | $373K | $2.4M | 25x | as long as short |
| Bybit ARBUSDT | −0.385% | −0.0052% | 8h | $58.5M | $130.8M | 50x | as long as short |
| Reya ARBRUSDPERP | −0.385% | +0.0292% | 1h | $2K | $695 | 20x | as long as short |
| Bitget ARBUSDT | −0.368% | +0.0100% | 8h | $21.4M | $39.5M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.368% | +0.0007% | 1h | $74K | $2.5M | 10x | as long as short |
| Gate ARB_USDT | −0.364% | +0.0100% | 8h | $5.5M | $20.8M | 60x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster ARBUSDT | −0.334% | +0.0100% | 8h | $718K | $2.2M | 20x | as long as short |
| Binance ARBUSDT | −0.312% | +0.0100% | 8h | $66.1M | $323.4M | 75x | as long as short |
| MEXC ARB_USDT | −0.303% | +0.0013% | 8h | $39.4M | $61.8M | 200x | as long as short |
| BloFin ARB-USDT | −0.294% | +0.0220% | 8h | $3.2M | $3.2M | 75x | as long as short |
| SunX ARB-USDT | −0.281% | +0.0100% | 8h | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | −0.281% | +0.0100% | 8h | $280K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | −0.281% | +0.0100% | 8h | $5.7M | $14.5M | 50x | as long as short |
| Pacifica ARB | −0.264% | +0.0100% | 1h | $50K | $227K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.255% | 0.0000% | 1h | $40K | $16K | 25x | as long as short |
| 01 Exchange ARBUSD | −0.251% | −0.0096% | 1h | $7K | $2K | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | −0.246% | L +0.0271% / S −0.0218% | 1h | $694K | — | 150x | as long as short |
| Orderly PERP_ARB_USDC | −0.238% | −0.0015% | 8h | $11K | $366K | 10x | as long as short |
| Lighter ARB | −0.229% | +0.0096% | 1h | $1.6M | $7.3M | 15x | as long as short |
| Kraken Futures PF_ARBUSD | −0.224% | −0.0199% | 1h | $1.1M | $4.8M | 50x | as long as short |
| RISEx ARB/USDC | −0.224% | +0.0449% | 1h | $439K | $3.2M | 10x | as long as short |
| Hyperliquid ARBshort | −0.221% | +0.0312% | 1h | $42.7M | $49.4M | 10x | |
| KuCoin ARBUSDTM | −0.195% | +0.0100% | 8h | $20.6M | $18.2M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | −0.195% | L +0.0005% / S −0.0006% | 1h | $61K | — | 150x | as long as short |
| Aevo ARB-PERP | −0.195% | +0.0104% | 1h | $154K | $9K | 3x | as long as short |
| edgeX ARBUSDC | −0.177% | +0.0100% | 4h | $39K | $466K | 20x | as long as short |
| dYdX ARB-USD | −0.165% | 0.0000% | 1h | $69K | $4K | 10x | as long as short |
| Backpack ARB_USDC_PERP | −0.160% | +0.0578% | 1h | $958K | $3.0M | 20x | as long as short |
| Variational Omni ARB | −0.001% | +0.0100% | 8h | $1.9M | $3.3M | — | as long as short |
| Coinbase International ARB-PERP-INTXlong | 0.000% | +0.0464% | 1h | $531K | $2.5M | 50x | |
| ApeX Omni ARBUSDT | +0.065% | +0.0100% | 1h | $130K | $261K | 50x | as long as short |
Coinbase International ARB-PERP-INTX
Hyperliquid ARB
Injective
OKX
BingX
SoDEX
Extended
Bybit
Bitget
Polymarket Perps
Gate
Aster
Binance
MEXC
BloFin
SunX
HTX
Phemex
Pacifica
Deribit
GMX
Lighter
Kraken Futures
RISEx
KuCoin
gTrade (Gains Network)
Backpack
Variational Omni
ApeX Omni