Funding you earn now, next payment 08:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.043%
Price spread now: Kraken Futures against Deribit+0.015%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
=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: +$3 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 | 0.2190 | 0 | get 0.0000% / 1h | 52m 07s | $28K | $38K | 25x |
| Short | Kraken Futures PF_ARBUSD | 0.2191 | 0.0093 | get 0.0012% / 1h | 52m 07s | $1.1M | $4.4M | 50x |
Deribit ARB_USDC-PERPETUAL
Kraken Futures PF_ARBUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $19.48
- Price spread: +0.015% → 0.000%
- $1.53
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $4.01
- Costs to cover
- 0.170%
- Break-even
- 5.6 days
Slippage unknown: Deribit: no order-book sample; Kraken Futures: live order book, 2 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 Kraken Futures live order book, 2 min ago | 6.85 bp | 14.8 bp −$15 | 18.5 bp −$185 | 491.2 bp −$49.1K | 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 | −0.1612% | 1h | 0.2181 | −0.425% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0168% | 1h | 0.2189 | −0.041% | $7K | $236 | 10x | as long as short |
| MEXC ARB_USDT | −0.0088% | 8h | 0.2192 | +0.059% | $42.3M | $61.6M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0087% | 8h | 0.2192 | +0.068% | $22.0M | $144.9M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0038% | 8h | 0.2189 | −0.059% | $12K | $407K | 10x | as long as short |
| Variational Omni ARB | −0.0027% | 8h | 0.2184 | −0.304% | $1.8M | $3.0M | — | as long as short |
| Polymarket Perps ARB-USD | −0.0006% | 1h | 0.2189 | −0.046% | $67K | $2.1M | 10x | as long as short |
| Bybit ARBUSDT | −0.0005% | 8h | 0.2192 | +0.059% | $53.7M | $126.2M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2191 | +0.012% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUALlong | 0.0000% | 1h | 0.2190 | long leg | $28K | $38K | 25x |
Injective ARB/USDC PERP
01 Exchange ARBUSD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Orderly PERP_ARB_USDC
Variational Omni ARB
Polymarket Perps ARB-USD
Bybit ARBUSDT
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2190 | +0.008% | $44K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0006% | 8h | 0.2191 | +0.047% | $62.6M | $301.4M | 75x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2189 | −0.058% | $349K | $3.0M | 25x | as long as short |
| Gate ARB_USDT | +0.0015% | 8h | 0.2192 | +0.091% | $5.4M | $18.3M | 60x | as long as short |
| BloFin ARB-USDT | +0.0026% | 8h | 0.2190 | −0.023% | $3.0M | $2.3M | 75x | as long as short |
| SoDEX ARB-USD | +0.0055% | 1h | 0.2190 | −0.023% | $9K | $2.2M | 5x | as long as short |
| RISEx ARB/USDC | +0.0069% | 1h | 0.2190 | −0.005% | $488K | $2.6M | 10x | as long as short |
| BingX ARB-USDT | +0.0075% | 8h | 0.2193 | +0.132% | — | $33.2M | — | as long as short |
| Bitget ARBUSDT | +0.0077% | 8h | 0.2191 | +0.032% | $21.1M | $34.7M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2190 | −0.022% | $139K | $7K | 3x | as long as short |
| Kraken Futures PF_ARBUSDshort | +0.0093% | 1h | 0.2191 | +0.015% | $1.1M | $4.4M | 50x | |
| Lighter ARB | +0.0096% | 1h | 0.2190 | −0.027% | $1.2M | $5.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2194 | +0.169% | $37.0M | $49.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2190 | −0.013% | $629K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2190 | +0.005% | $42K | $148K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2193 | +0.100% | $19.5M | $14.2M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2186 | −0.176% | $39K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2189 | −0.039% | $467K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2186 | −0.196% | $118K | $279K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2192 | +0.078% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2192 | +0.064% | $293K | $833K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2190 | −0.014% | $4.8M | $12.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2190 | −0.011% | $826K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2189 | −0.061% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2195 | +0.215% | $523K | $1.5M | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0765% | 1h | 0.2195 | +0.215% | $986K | $2.8M | 20x | as long as short |
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
Gate ARB_USDT
BloFin ARB-USDT
SoDEX ARB-USD
RISEx ARB/USDC
BingX ARB-USDT
Bitget ARBUSDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP