Funding you earn now, next payment 04:00 UTC−0.0156%/8h= −17.1% APRnext payment −$0.20 per $10,000 · paid last 24h −0.079%
Price spread now: Pacifica against Coinbase International−0.179%7-day average −0.157% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$700.704% of the position
Funding, last 7 days−0.250%−$25 on $10k
+Price spread, last 4 days (all we have)−0.818%−$82 · spread now −0.179%, 7d avg −0.157%
=Together, before fees−1.068%+ Points / potential airdropPacifica: Active · farm board−$107 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Pacifica is 0.022% cheaper against Coinbase International than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.157%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ARB-PERP-INTX | 0.2187 | 0.0256 | pay 0.0032% / 1h | 0m 06s | $500K | $1.6M | 50x |
| Short | Pacifica ARB | 0.2183 | 0.0100 | get 0.0013% / 1h | 0m 06s | $42K | $160K | 10x |
Coinbase International ARB-PERP-INTX
Pacifica ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$32.76
- Price spread: −0.179% → −0.157%
- −$2.17
- Slippage, 4 orders
- −$52.37
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$105.31
- Costs to cover
- 0.704%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; Pacifica: live order book, 53 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, 3 min ago | 6.89 bp | 28.6 bp −$29 | 49.0 bp −$490 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 53 min ago | 7.28 bp | 11.7 bp −$12 | 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 | −0.1589% | 1h | 0.2169 | −0.823% | $39K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0184% | 1h | 0.2182 | −0.224% | $71K | $2.1M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0095% | 8h | 0.2182 | −0.210% | $21.8M | $142.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0094% | 8h | 0.2183 | −0.197% | $41.5M | $61.3M | 200x | as long as short |
| Variational Omni ARB | −0.0093% | 8h | 0.2180 | −0.312% | $1.8M | $3.0M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0061% | 8h | 0.2182 | −0.229% | $12K | $407K | 10x | as long as short |
| Bybit ARBUSDT | −0.0058% | 8h | 0.2182 | −0.251% | $54.5M | $123.6M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0050% | 1h | 0.2184 | −0.142% | $1.1M | $4.4M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0048% | 1h | 0.2183 | −0.183% | $7K | $1K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2185 | −0.109% | $65K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Orderly PERP_ARB_USDC
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
01 Exchange ARBUSD
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 | 0.2183 | −0.187% | $24K | $31K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2183 | −0.194% | $44K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0008% | 8h | 0.2182 | −0.215% | $5.3M | $18.3M | 60x | as long as short |
| Bitget ARBUSDT | +0.0050% | 8h | 0.2182 | −0.229% | $20.8M | $34.1M | 50x | as long as short |
| Extended ARB-USD | +0.0064% | 1h | 0.2181 | −0.266% | $348K | $2.8M | 25x | as long as short |
| BingX ARB-USDC | +0.0064% | 8h | 0.2180 | −0.297% | — | $6.5M | — | as long as short |
| Binance ARBUSDT | +0.0068% | 8h | 0.2183 | −0.184% | $62.8M | $300.5M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2182 | −0.206% | $1.2M | $5.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2183 | −0.176% | $138K | $7K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2183 | −0.178% | $36.9M | $48.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2183 | −0.170% | $629K | $1.6M | 20x | as long as short |
| Pacifica ARBshort | +0.0100% | 1h | 0.2183 | −0.179% | $42K | $160K | 10x | |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2183 | −0.165% | $19.5M | $14.5M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2178 | −0.428% | $38K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2176 | −0.503% | $472K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2178 | −0.412% | $117K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2186 | −0.046% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2183 | −0.183% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2184 | −0.133% | $295K | $877K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2183 | −0.183% | $4.9M | $12.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0118% | 1h | 0.2184 | −0.133% | $441K | $2.6M | 10x | as long as short |
| BloFin ARB-USDT | +0.0187% | 8h | 0.2182 | −0.206% | $3.1M | $2.5M | 75x | as long as short |
| Coinbase International ARB-PERP-INTXlong | +0.0256% | 1h | 0.2187 | long leg | $500K | $1.6M | 50x | |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0160% | 1h | 0.2183 | −0.196% | $829K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2181 | −0.263% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0586% | 1h | 0.2185 | −0.078% | $980K | $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
Lighter ARB
Aevo ARB-PERP
Hyperliquid ARB
Aster ARBUSDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
RISEx ARB/USDC
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP