Funding you earn now, next payment 01:00 UTC+0.0246%/8h= +26.9% APRpaid last 24h +0.043%
Price spread now: Bitget against Deribit+0.048%48s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bitget is 0.048% dearer against Deribit than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ARB_USDC-PERPETUAL | 0.2273 | −0.0146 | get 0.0018% / 1h | 9m 23s | $25K | $34K | 25x |
| Short | Bitget ARBUSDT | 0.2274 | 0.0100 | get 0.0100% / 8h | 7h 09m | $21.8M | $35.7M | 50x |
Deribit ARB_USDC-PERPETUAL
Bitget ARBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Deribit. 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
- $51.66
- Price spread: +0.048% → 0.000%
- $4.84
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $37.5
- Costs to cover
- 0.190%
- Break-even
- 1.9 days
Slippage unknown: Deribit: no order-book sample; Bitget: live order book, 5 min ago. Net counts fees only.
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 Deribit no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 5 min ago | 2.20 bp | 10.6 bp −$11 | 25.5 bp −$255 | 155.1 bp −$15.5K | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1666% | 1h | 0.2260 | −0.568% | $41K | $372K | 12x | as long as short |
| Variational Omni ARB | −0.0201% | 8h | 0.2267 | −0.278% | $2.0M | $2.8M | — | as long as short |
| Deribit ARB_USDC-PERPETUALlong | −0.0146% | 1h | 0.2273 | long leg | $25K | $34K | 25x | |
| 01 Exchange ARBUSD | −0.0144% | 1h | 0.2275 | +0.084% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0137% | 1h | 0.2274 | +0.060% | $1.2M | $4.9M | 50x | as long as short |
| Bybit ARBUSDT | −0.0108% | 8h | 0.2272 | −0.031% | $59.1M | $126.7M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0107% | 8h | 0.2272 | −0.040% | $23.2M | $158.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0107% | 8h | 0.2273 | 0.000% | $39.2M | $59.4M | 200x | as long as short |
| SoDEX ARB-USD | −0.0061% | 1h | 0.2272 | −0.048% | $10K | $2.5M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0049% | 8h | 0.2272 | −0.040% | $13K | $389K | 10x | as long as short |
Injective ARB/USDC PERP
Variational Omni ARB
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2273 | +0.014% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2275 | +0.079% | $33K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0024% | 8h | 0.2273 | +0.017% | $67.2M | $310.5M | 75x | as long as short |
| Extended ARB-USD | +0.0024% | 1h | 0.2275 | +0.100% | $366K | $2.5M | 25x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2274 | +0.033% | $144K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0091% | 8h | 0.2269 | −0.176% | $3.2M | $2.9M | 75x | as long as short |
| BingX ARB-USDT | +0.0094% | 8h | 0.2273 | +0.026% | — | $54.4M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2275 | +0.075% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2276 | +0.141% | $41.3M | $47.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2275 | +0.092% | $707K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2274 | +0.031% | $45K | $183K | 10x | as long as short |
| Gate ARB_USDT | +0.0100% | 8h | 0.2274 | +0.031% | $5.5M | $20.0M | 60x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2275 | +0.070% | $19.8M | $15.8M | 75x | as long as short |
| Bitget ARBUSDTshort | +0.0100% | 8h | 0.2274 | +0.048% | $21.8M | $35.7M | 50x | |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2269 | −0.177% | $41K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2276 | +0.136% | $488K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2270 | −0.128% | $122K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2275 | +0.070% | $65K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2275 | +0.092% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2272 | −0.035% | $296K | $976K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2273 | +0.004% | $5.2M | $12.9M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2272 | −0.035% | $523K | $2.3M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2272 | −0.047% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0291% / S −0.0179% | 1h | 0.2274 | +0.053% | $911K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2279 | +0.248% | $517K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0601% | 1h | 0.2276 | +0.119% | $1.0M | $2.8M | 20x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
Aevo ARB-PERP
BloFin ARB-USDT
BingX ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Gate ARB_USDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP