Spread before costs (cost unknown: a leg has no order-book sample)+0.009%
7d average—if it closes, per $10,000$1funding while held, a day+$2.26
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ARB_USDC-PERPETUAL | 0.2299 | −0.0098 | get 0.0012% / 1h | 6m 45s | $40K | $16K | 25x |
| Short | Orderly PERP_ARB_USDC | 0.2299 | −0.0023 | pay 0.0023% / 8h | 6m 45s | $11K | $340K | 10x |
Deribit ARB_USDC-PERPETUAL
Orderly PERP_ARB_USDCPrice 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
- $0.87
- Funding while held
- $2.26
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$9.87
- Spread needed to break even
- 0.130%
Slippage unknown: Deribit: no order-book sample; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0075%
- Per $10,000 a day
- +$2.26
- 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 Orderly no order-book sample | — | — | — | — | — |
Deribit and Orderly: 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.Injective0.2292cheapest01 Exchange0.2298+0.244%Reya0.2298+0.264%
Injective
ReyaDeribit0.2299+0.297%
Orderly0.2299+0.305%
SunX0.2299+0.305%Variational Omni0.2299+0.316%Polymarket Perps0.2299+0.327%GMX0.2300+0.332%BloFin0.2300+0.345%gTrade (Gains Network)0.2300+0.346%Kraken Futures0.2300+0.366%Aevo0.2301+0.388%RISEx0.2301+0.397%HTX0.2301+0.410%SoDEX0.2302+0.449%Bitget0.2303+0.480%Phemex0.2303+0.480%BingX0.2303+0.484%Extended0.2303+0.492%KuCoin0.2304+0.519%edgeX0.2304+0.519%Aster0.2304+0.545%Backpack0.2305+0.554%Gate0.2305+0.558%dYdX0.2305+0.567%ApeX Omni0.2305+0.567%Pacifica0.2305+0.585%Hyperliquid0.2306+0.602%Binance0.2306+0.616%OKX0.2306+0.624%Lighter0.2306+0.628%Bybit0.2306+0.628%MEXC0.2306+0.628%Coinbase International0.2314+0.960%
SunX
Variational Omni
Polymarket Perps
GMX
BloFin
gTrade (Gains Network)
Kraken Futures
Aevo
RISEx
HTX
SoDEX
Bitget
Phemex
BingX
Extended
KuCoin
Aster
Backpack
Gate
dYdX
ApeX Omni
Pacifica
Hyperliquid
Binance
OKX
Lighter
Bybit
MEXC
Coinbase InternationalARB on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.296% | −0.1425% | 1h | $59K | $248K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.052% | −0.0040% | 1h | $7K | $2K | 10x | as long as short |
| Reya ARBRUSDPERP | −0.033% | +0.0292% | 1h | $2K | $695 | 20x | as long as short |
| Deribit ARB_USDC-PERPETUALlong | 0.000% | −0.0098% | 1h | $40K | $16K | 25x | |
| Orderly PERP_ARB_USDCshort | +0.009% | −0.0023% | 8h | $11K | $340K | 10x | |
| SunX ARB-USDT | +0.009% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| Variational Omni ARB | +0.019% | +0.0100% | 8h | $1.9M | $3.3M | — | as long as short |
| Polymarket Perps ARB-USD | +0.030% | +0.0100% | 1h | $60K | $2.5M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | +0.036% | L +0.0264% / S −0.0178% | 1h | $733K | — | 150x | as long as short |
| BloFin ARB-USDT | +0.048% | +0.0220% | 8h | $3.2M | $3.2M | 75x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ARB/USD | +0.049% | L +0.0005% / S −0.0005% | 1h | $34K | — | 150x | as long as short |
| Kraken Futures PF_ARBUSD | +0.069% | +0.0440% | 1h | $1.1M | $4.9M | 50x | as long as short |
| Aevo ARB-PERP | +0.091% | +0.0104% | 1h | $153K | $9K | 3x | as long as short |
| RISEx ARB/USDC | +0.100% | +0.0037% | 1h | $418K | $3.4M | 10x | as long as short |
| HTX ARB-USDT | +0.113% | +0.0100% | 8h | $280K | $1.2M | 50x | as long as short |
| SoDEX ARB-USD | +0.152% | −0.0035% | 1h | $5K | $2.9M | 5x | as long as short |
| Bitget ARBUSDT | +0.183% | +0.0100% | 8h | $21.4M | $39.4M | 50x | as long as short |
| Phemex ARBUSDT | +0.183% | +0.0100% | 8h | $5.8M | $14.6M | 50x | as long as short |
| BingX ARB-USDC | +0.187% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Extended ARB-USD | +0.195% | +0.0104% | 1h | $373K | $2.4M | 25x | as long as short |
| KuCoin ARBUSDTM | +0.222% | +0.0100% | 8h | $20.4M | $18.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.222% | +0.0100% | 4h | $40K | $463K | 20x | as long as short |
| Aster ARBUSDT | +0.247% | +0.0100% | 8h | $703K | $2.2M | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.257% | +0.0639% | 1h | $986K | $3.0M | 20x | as long as short |
| Gate ARB_USDT | +0.261% | +0.0100% | 8h | $5.5M | $21.5M | 60x | as long as short |
| dYdX ARB-USD | +0.270% | 0.0000% | 1h | $69K | $4K | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.270% | +0.0100% | 1h | $129K | $262K | 50x | as long as short |
| Pacifica ARB | +0.287% | +0.0100% | 1h | $49K | $228K | 10x | as long as short |
| Hyperliquid ARB | +0.305% | +0.0279% | 1h | $42.2M | $49.5M | 10x | as long as short |
| Binance ARBUSDT | +0.319% | +0.0100% | 8h | $65.6M | $325.8M | 75x | as long as short |
| OKX ARB-USDT-SWAP | +0.326% | +0.0032% | 8h | $23.8M | $179.3M | 50x | as long as short |
| Lighter ARB | +0.331% | +0.0096% | 1h | $1.6M | $7.3M | 15x | as long as short |
| Bybit ARBUSDT | +0.331% | +0.0100% | 8h | $58.6M | $131.7M | 50x | as long as short |
| MEXC ARB_USDT | +0.331% | +0.0032% | 8h | $34.3M | $61.6M | 200x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.661% | +0.0520% | 1h | $533K | $2.5M | 50x | as long as short |