Funding you earn now, next payment 23:00 UTC−0.0037%/8h= −4.1% APRpaid last 24h +0.011%
Price spread now: MEXC against Deribit−0.013%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 | 0.2253 | −0.0061 | get 0.0008% / 1h | 6m 40s | $26K | $32K | 25x |
| Short | MEXC ARB_USDT | 0.2252 | −0.0098 | pay 0.0098% / 8h | 1h 06m | $37.3M | $62.9M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$7.77
- Price spread: −0.013% → 0.000%
- −$1.33
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$16.1
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; MEXC: live order book, 7 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 MEXC live order book, 7 min ago | 0.22 bp | 1.0 bp −$1 | 18.7 bp −$187 | 42.3 bp −$4,229 | 73.4 bp −$36.7K |
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 | −0.1770% | 1h | 0.2236 | −0.741% | $40K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0232% | 1h | 0.2252 | −0.013% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USD | −0.0194% | 1h | 0.2252 | −0.049% | $4K | $2.7M | 5x | as long as short |
| Variational Omni ARB | −0.0171% | 8h | 0.2243 | −0.415% | $1.9M | $2.7M | — | as long as short |
| Bybit ARBUSDT | −0.0156% | 8h | 0.2252 | −0.040% | $58.2M | $131.7M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0129% | 1h | 0.2252 | −0.022% | $72K | $2.0M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0098% | 8h | 0.2253 | −0.004% | $22.5M | $160.3M | 50x | as long as short |
| MEXC ARB_USDTshort | −0.0098% | 8h | 0.2252 | −0.013% | $37.3M | $62.9M | 200x | |
| Deribit ARB_USDC-PERPETUALlong | −0.0061% | 1h | 0.2253 | long leg | $26K | $32K | 25x | |
| Orderly PERP_ARB_USDC | −0.0039% | 8h | 0.2251 | −0.075% | $10K | $394K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ARB-USD | −0.0008% | 1h | 0.2250 | −0.110% | $358K | $2.3M | 25x | as long as short |
| Binance ARBUSDT | −0.0003% | 8h | 0.2253 | −0.009% | $64.7M | $315.8M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2253 | 0.000% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2253 | −0.007% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0042% | 8h | 0.2251 | −0.053% | $5.5M | $20.7M | 60x | as long as short |
| BingX ARB-USDC | +0.0066% | 8h | 0.2252 | −0.027% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0068% | 8h | 0.2253 | +0.013% | $21.3M | $37.0M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2253 | +0.020% | $147K | $12K | 3x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0084% | 1h | 0.2254 | +0.074% | $1.1M | $5.1M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2253 | 0.000% | $1.3M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2254 | +0.067% | $40.3M | $48.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2253 | −0.007% | $701K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2253 | +0.027% | $45K | $192K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2255 | +0.089% | $20.8M | $16.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2245 | −0.340% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2248 | −0.208% | $488K | $3.8M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2248 | −0.209% | $121K | $294K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2254 | +0.058% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2251 | −0.084% | $278K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2252 | −0.031% | $5.2M | $13.3M | 50x | as long as short |
| BloFin ARB-USDT | +0.0116% | 8h | 0.2252 | −0.031% | $3.0M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2254 | +0.058% | $508K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0156% | 1h | 0.2252 | −0.014% | $844K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2251 | −0.065% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2256 | +0.146% | $500K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0636% | 1h | 0.2256 | +0.155% | $1.1M | $2.7M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
MEXC ARB_USDT
Injective ARB/USDC PERP
01 Exchange ARBUSD
SoDEX ARB-USD
Variational Omni ARB
Bybit ARBUSDT
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
Extended ARB-USD
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
BingX ARB-USDC
Bitget ARBUSDT
Kraken Futures PF_ARBUSD
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
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP