Spread before costs (cost unknown: a leg has no order-book sample)+0.051%
7d average—if it closes, per $10,000$5funding while held, a day+$5.76
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ARB_USDC-PERPETUAL | 0.2339 | −0.0092 | get 0.0011% / 1h | 57m 38s | $38K | $19K | 25x |
| Short | Bybit ARBUSDT | 0.2340 | 0.0100 | get 0.0100% / 8h | 57m 38s | $59.3M | $128.4M | 50x |
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
- $5.13
- Funding while held
- $5.76
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$7.11
- Spread needed to break even
- 0.180%
Slippage unknown: Deribit: no order-book sample; Bybit: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0192%
- Per $10,000 a day
- +$5.76
- 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 3 min ago | 0.21 bp | 11.2 bp −$11 | 21.1 bp −$211 | 55.0 bp −$5,498 | 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 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 | |
|---|---|---|---|---|---|---|---|
| Extended ARB-USD | −0.131% | +0.0104% | 1h | $379K | $2.4M | 25x | as long as short |
| Reya ARBRUSDPERP | −0.110% | +0.0292% | 1h | $3K | — | 20x | as long as short |
| 01 Exchange ARBUSD | −0.094% | +0.0032% | 1h | $7K | $3K | 10x | as long as short |
| MEXC ARB_USDT | −0.064% | +0.0035% | 8h | $33.7M | $57.9M | 200x | as long as short |
| Gate ARB_USDT | −0.060% | +0.0100% | 8h | $6.0M | $20.2M | 60x | as long as short |
| BingX ARB-USDC | −0.060% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| SoDEX ARB-USD | −0.038% | +0.0087% | 1h | $4K | $2.9M | 5x | as long as short |
| RISEx ARB/USDC | −0.024% | +0.0037% | 1h | $460K | $3.3M | 10x | as long as short |
| dYdX ARB-USD | −0.020% | 0.0000% | 1h | $70K | $4K | 10x | as long as short |
| Aevo ARB-PERP | −0.018% | +0.0104% | 1h | $156K | $9K | 3x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX ARB/USD [ARB-USDC] | −0.016% | L +0.0272% / S −0.0187% | 1h | $805K | — | 150x | as long as short |
| HTX ARB-USDT | −0.009% | +0.0100% | 8h | $288K | $1.2M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUALlong | 0.000% | −0.0092% | 1h | $38K | $19K | 25x | |
| Bitget ARBUSDT | +0.013% | +0.0100% | 8h | $21.7M | $38.3M | 50x | as long as short |
| Orderly PERP_ARB_USDC | +0.013% | −0.0030% | 8h | $12K | $315K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | +0.023% | L +0.0005% / S −0.0004% | 1h | $56K | — | 150x | as long as short |
| Pacifica ARB | +0.036% | +0.0100% | 1h | $49K | $239K | 10x | as long as short |
| Polymarket Perps ARB-USD | +0.047% | −0.0250% | 1h | $63K | $2.6M | 10x | as long as short |
| Kraken Futures PF_ARBUSD | +0.050% | +0.0433% | 1h | $1.3M | $4.6M | 50x | as long as short |
| Bybit ARBUSDTshort | +0.051% | +0.0100% | 8h | $59.3M | $128.4M | 50x | |
| OKX ARB-USDT-SWAP | +0.068% | +0.0036% | 8h | $24.5M | $181.6M | 50x | as long as short |
| Binance ARBUSDT | +0.072% | +0.0100% | 8h | $66.8M | $321.1M | 75x | as long as short |
| Aster ARBUSDT | +0.077% | +0.0100% | 8h | $708K | $2.2M | 20x | as long as short |
| KuCoin ARBUSDTM | +0.090% | +0.0100% | 8h | $20.4M | $19.0M | 75x | as long as short |
| Lighter ARB | +0.094% | +0.0136% | 1h | $1.8M | $7.1M | 15x | as long as short |
| ApeX Omni ARBUSDT | +0.098% | +0.0100% | 1h | $131K | $272K | 50x | as long as short |
| SunX ARB-USDT | +0.098% | +0.0100% | 8h | $1K | $1.1M | 30x | as long as short |
| Phemex ARBUSDT | +0.098% | +0.0100% | 8h | $5.8M | $14.9M | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.120% | +0.0354% | 1h | $976K | $3.0M | 20x | as long as short |
| Hyperliquid ARB | +0.227% | +0.0226% | 1h | $44.1M | $48.2M | 10x | as long as short |
| edgeX ARBUSDC | +0.290% | +0.0100% | 4h | $40K | $461K | 20x | as long as short |
| BloFin ARB-USDT | +0.321% | +0.0220% | 8h | $3.3M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.483% | +0.0520% | 1h | $536K | $2.5M | 50x | as long as short |
| Injective ARB/USDC PERP | +0.740% | −0.1425% | 1h | $60K | $248K | 12x | as long as short |
| Variational Omni ARB | +0.872% | +0.0100% | 8h | $2.0M | $3.4M | — | as long as short |
Deribit ARB_USDC-PERPETUAL
Bybit ARBUSDT
Extended
MEXC
Gate
BingX
SoDEX
RISEx
GMX
HTX
Bitget
gTrade (Gains Network)
Pacifica
Polymarket Perps
Kraken Futures
OKX
Binance
Aster
KuCoin
Lighter
ApeX Omni
SunX
Phemex
Backpack
Hyperliquid
BloFin
Coinbase International
Injective
Variational Omni