Funding you earn now, next payment 06:00 UTC+0.0019%/8h= +2.1% APRpaid last 24h +0.035%
Price spread now: Gate against Deribit−0.005%7-day average — · you buy dearer than you sell
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ARB_USDC-PERPETUAL | 0.2183 | 0 | get 0.0000% / 1h | 54m 10s | $24K | $31K | 25x |
| Short | Gate ARB_USDT | 0.2183 | 0.0019 | get 0.0019% / 8h | 2h 54m | $5.4M | $18.0M | 60x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $3.99
- Price spread: −0.005% → 0.000%
- −$0.46
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$18.47
- Costs to cover
- 0.220%
- Break-even
- 39.4 days
Slippage unknown: Deribit: no order-book sample; Gate: 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 Gate live order book, 5 min ago | 1.61 bp | 17.6 bp −$18 | 29.8 bp −$298 | 96.4 bp −$9,643 | 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 | −0.1581% | 1h | 0.2174 | −0.431% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0208% | 1h | 0.2181 | −0.110% | $7K | $236 | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0187% | 1h | 0.2181 | −0.105% | $78K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0095% | 8h | 0.2182 | −0.056% | $1.8M | $3.0M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0093% | 8h | 0.2183 | −0.027% | $21.7M | $142.5M | 50x | as long as short |
| MEXC ARB_USDT | −0.0093% | 8h | 0.2182 | −0.041% | $41.1M | $60.1M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0075% | 1h | 0.2184 | +0.027% | $1.1M | $4.4M | 50x | as long as short |
| Bybit ARBUSDT | −0.0061% | 8h | 0.2182 | −0.078% | $54.4M | $123.7M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0059% | 8h | 0.2183 | −0.018% | $13K | $407K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2183 | −0.035% | $65K | $5K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUALlong | 0.0000% | 1h | 0.2183 | long leg | $24K | $31K | 25x | |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2183 | +0.001% | $44K | — | 150x | as long as short |
| Gate ARB_USDTshort | +0.0019% | 8h | 0.2183 | −0.005% | $5.4M | $18.0M | 60x | |
| Bitget ARBUSDT | +0.0048% | 8h | 0.2182 | −0.064% | $20.8M | $34.1M | 50x | as long as short |
| BingX ARB-USDT | +0.0070% | 8h | 0.2182 | −0.041% | — | $53.7M | — | as long as short |
| Extended ARB-USD | +0.0072% | 1h | 0.2181 | −0.090% | $348K | $2.8M | 25x | as long as short |
| Binance ARBUSDT | +0.0073% | 8h | 0.2183 | +0.005% | $62.8M | $300.7M | 75x | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2182 | −0.065% | $443K | $2.6M | 10x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2182 | −0.041% | $1.2M | $5.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2184 | +0.011% | $138K | $7K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2183 | −0.014% | $36.9M | $48.5M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2183 | −0.005% | $629K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2182 | −0.076% | $42K | $160K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2183 | −0.005% | $19.5M | $14.5M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2184 | +0.010% | $39K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2185 | +0.058% | $475K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2185 | +0.073% | $118K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2185 | +0.073% | $1K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2183 | −0.014% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2183 | +0.005% | $291K | $886K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2183 | −0.018% | $4.9M | $12.8M | 50x | as long as short |
| BloFin ARB-USDT | +0.0193% | 8h | 0.2184 | +0.009% | $3.0M | $2.5M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0160% | 1h | 0.2183 | −0.012% | $829K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2185 | +0.073% | $500K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2181 | −0.122% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0652% | 1h | 0.2186 | +0.119% | $981K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
Gate ARB_USDT
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
BingX ARB-USDT
Extended ARB-USD
Binance ARBUSDT
RISEx ARB/USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP