Spread before costs (cost unknown: a leg has no order-book sample)+0.604%
7d average—if it closes, per $10,000$60funding while held, a day+$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ARB_USDC-PERPETUAL | 0.2369 | 0 | get 0.0000% / 1h | 31m 26s | $39K | $19K | 25x |
| Short | KuCoin ARBUSDTM | 0.2383 | 0.0100 | get 0.0100% / 8h | 1h 31m | $20.2M | $19.5M | 75x |
Deribit ARB_USDC-PERPETUAL
KuCoin ARBUSDTMPrice 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
- $60.36
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $44.36
- Spread needed to break even
- 0.190%
Slippage unknown: Deribit: no order-book sample; KuCoin: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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 KuCoin live order book, 4 min ago | 3.80 bp | 19.6 bp −$20 | 38.6 bp −$386 | 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2355cheapestVariational Omni0.2360+0.224%SoDEX0.2368+0.552%GMX0.2368+0.566%gTrade (Gains Network)0.2369+0.594%Orderly0.2369+0.594%SunX0.2369+0.594%
Injective
Variational Omni
SoDEX
GMX
gTrade (Gains Network)
Orderly
SunXDeribit0.2369+0.594%
Aevo0.2370+0.635%Phemex0.2370+0.637%HTX0.2371+0.662%Kraken Futures0.2371+0.667%Backpack0.2371+0.675%edgeX0.2372+0.721%BloFin0.2374+0.786%ApeX Omni0.2376+0.892%Reya0.2383+1.197%
Aevo
Phemex
HTX
Kraken Futures
Backpack
BloFin
ApeX Omni
ReyaKuCoin0.2383+1.202%
OKX0.2384+1.223%Bybit0.2384+1.227%Aster0.2384+1.240%Coinbase International0.2385+1.261%Binance0.2385+1.269%Bitget0.2385+1.274%BingX0.2385+1.274%Polymarket Perps0.2386+1.295%RISEx0.2386+1.299%Extended0.2386+1.303%Pacifica0.2386+1.312%Lighter0.2387+1.355%MEXC0.2387+1.367%dYdX0.2388+1.401%Gate0.2388+1.401%Hyperliquid0.2392+1.554%
OKX
Bybit
Aster
Coinbase International
Binance
Bitget
BingX
Polymarket Perps
RISEx
Extended
Pacifica
Lighter
MEXC
dYdX
Gate
HyperliquidARB on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.591% | −0.1516% | 1h | $60K | $248K | 12x | as long as short |
| Variational Omni ARB | −0.368% | +0.0100% | 8h | $2.0M | $3.3M | — | as long as short |
| SoDEX ARB-USD | −0.042% | +0.0100% | 1h | $4K | $2.9M | 5x | as long as short |
| GMX ARB/USD [ARB-USDC] | −0.028% | L +0.0268% / S −0.0181% | 1h | $820K | — | 150x | as long as short |
| gTrade (Gains Network) ARB/USD | 0.000% | L +0.0005% / S −0.0004% | 1h | $57K | — | 150x | as long as short |
| Orderly PERP_ARB_USDC | 0.000% | −0.0037% | 8h | $12K | $306K | 10x | as long as short |
| SunX ARB-USDT | 0.000% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| Deribit ARB_USDC-PERPETUALlong | 0.000% | 0.0000% | 1h | $39K | $19K | 25x | |
| Aevo ARB-PERP | +0.040% | +0.0104% | 1h | $158K | $9K | 3x | as long as short |
| Phemex ARBUSDT | +0.042% | +0.0100% | 8h | $5.8M | $15.2M | 50x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX ARB-USDT | +0.068% | +0.0100% | 8h | $291K | $1.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.072% | +0.0366% | 1h | $1.3M | $4.9M | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.080% | +0.0825% | 1h | $972K | $2.9M | 20x | as long as short |
| edgeX ARBUSDC | +0.125% | +0.0100% | 4h | $40K | $463K | 20x | as long as short |
| BloFin ARB-USDT | +0.190% | +0.0220% | 8h | $3.3M | $3.4M | 75x | as long as short |
| ApeX Omni ARBUSDT | +0.295% | +0.0100% | 1h | $135K | $274K | 50x | as long as short |
| Reya ARBRUSDPERP | +0.599% | +0.0292% | 1h | $3K | — | 20x | as long as short |
| KuCoin ARBUSDTMshort | +0.604% | +0.0100% | 8h | $20.2M | $19.5M | 75x | |
| OKX ARB-USDT-SWAP | +0.625% | +0.0012% | 8h | $25.0M | $192.2M | 50x | as long as short |
| Bybit ARBUSDT | +0.629% | +0.0100% | 8h | $60.3M | $132.2M | 50x | as long as short |
| Aster ARBUSDT | +0.642% | +0.0100% | 8h | $718K | $2.2M | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.663% | +0.0520% | 1h | $581K | $2.5M | 50x | as long as short |
| Binance ARBUSDT | +0.671% | +0.0100% | 8h | $68.8M | $327.1M | 75x | as long as short |
| Bitget ARBUSDT | +0.675% | +0.0100% | 8h | $22.1M | $38.9M | 50x | as long as short |
| BingX ARB-USDC | +0.675% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Polymarket Perps ARB-USD | +0.696% | +0.0100% | 1h | $64K | $2.7M | 10x | as long as short |
| RISEx ARB/USDC | +0.700% | −0.0049% | 1h | $387K | $3.3M | 10x | as long as short |
| Extended ARB-USD | +0.704% | +0.0104% | 1h | $384K | $2.4M | 25x | as long as short |
| Pacifica ARB | +0.713% | +0.0100% | 1h | $50K | $249K | 10x | as long as short |
| Lighter ARB | +0.756% | +0.0232% | 1h | $1.8M | $7.2M | 15x | as long as short |
| MEXC ARB_USDT | +0.768% | +0.0012% | 8h | $38.2M | $58.6M | 200x | as long as short |
| dYdX ARB-USD | +0.802% | 0.0000% | 1h | $72K | $4K | 10x | as long as short |
| Gate ARB_USDT | +0.802% | +0.0100% | 8h | $6.1M | $20.2M | 60x | as long as short |
| Hyperliquid ARB | +0.954% | +0.0512% | 1h | $44.6M | $49.0M | 10x | as long as short |