Funding you earn now, next payment 02:00 UTC+0.0166%/8h= +18.2% APRpaid last 24h +0.050%
Price spread now: edgeX against Deribit+0.028%7-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
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and edgeX is 0.028% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ARB_USDC-PERPETUAL | 0.2215 | −0.0066 | get 0.0008% / 1h | 45m 20s | $24K | $34K | 25x |
| Short | edgeX ARBUSDC | 0.2216 | 0.0100 | get 0.0050% / 4h | 2h 45m | $40K | $463K | 20x |
Deribit ARB_USDC-PERPETUAL
edgeX ARBUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $34.86
- Price spread: +0.028% → 0.000%
- $2.76
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $21.62
- Costs to cover
- 0.160%
- Break-even
- 2.7 days
Slippage unknown: Deribit: no order-book sample; edgeX: live order book, 23 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 edgeX live order book, 23 min ago | 15.45 bp | 23.0 bp −$23 | 124.4 bp −$1,244 | doesn't fit | 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 | −0.1692% | 1h | 0.2204 | −0.492% | $40K | $372K | 12x | as long as short |
| ApeX Omni ARBUSDT | −0.0493% | 1h | 0.2218 | +0.140% | $120K | $295K | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0224% | 1h | 0.2213 | −0.063% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USD | −0.0192% | 1h | 0.2214 | −0.023% | $10K | $2.5M | 5x | as long as short |
| Variational Omni ARB | −0.0184% | 8h | 0.2212 | −0.131% | $1.9M | $2.9M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0105% | 8h | 0.2215 | 0.000% | $22.3M | $157.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0104% | 8h | 0.2214 | −0.045% | $37.1M | $59.0M | 200x | as long as short |
| Deribit ARB_USDC-PERPETUALlong | −0.0066% | 1h | 0.2215 | long leg | $24K | $34K | 25x | |
| Orderly PERP_ARB_USDC | −0.0055% | 8h | 0.2214 | −0.041% | $12K | $385K | 10x | as long as short |
| Bybit ARBUSDT | −0.0054% | 8h | 0.2215 | 0.000% | $57.0M | $129.2M | 50x | as long as short |
Injective ARB/USDC PERP
ApeX Omni ARBUSDT
01 Exchange ARBUSD
SoDEX ARB-USD
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDC
Bybit ARBUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2214 | −0.061% | $65K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2215 | +0.018% | $31K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0005% | 8h | 0.2215 | 0.000% | $64.7M | $318.2M | 75x | as long as short |
| Gate ARB_USDT | +0.0006% | 8h | 0.2214 | −0.023% | $5.4M | $19.7M | 60x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2214 | −0.051% | $352K | $2.5M | 25x | as long as short |
| BloFin ARB-USDT | +0.0029% | 8h | 0.2212 | −0.154% | $3.1M | $2.9M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2214 | −0.023% | $140K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2214 | −0.027% | $1.2M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2216 | +0.054% | $38.2M | $50.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2215 | +0.026% | $660K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2215 | +0.012% | $42K | $189K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2215 | +0.009% | $19.6M | $15.9M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2214 | −0.041% | $21.1M | $36.3M | 50x | as long as short |
| BingX ARB-USDT | +0.0100% | 8h | 0.2214 | −0.054% | — | $54.6M | — | as long as short |
| edgeX ARBUSDCshort | +0.0100% | 4h | 0.2216 | +0.028% | $40K | $463K | 20x | |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2213 | −0.090% | $474K | $3.6M | 10x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2215 | −0.014% | $79K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2214 | −0.041% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2214 | −0.023% | $296K | $1.0M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2214 | −0.041% | $5.1M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0240% | 1h | 0.2215 | +0.005% | $507K | $2.2M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0281% / S −0.0165% | 1h | 0.2215 | +0.005% | $852K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2213 | −0.076% | $2K | $695 | 20x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0312% | 1h | 0.2216 | +0.045% | $1.1M | $4.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0466% | 1h | 0.2216 | +0.047% | $499K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0491% | 1h | 0.2218 | +0.126% | $1.0M | $2.9M | 20x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Gate ARB_USDT
Extended ARB-USD
BloFin ARB-USDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDT
GRVT ARB_USDT_Perp
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Kraken Futures PF_ARBUSD
RISEx ARB/USDC
Backpack ARB_USDC_PERP