Funding you earn now, next payment 22:00 UTC+0.0251%/8h= +27.5% APRnext payment +$0.31 per $10,000 · paid last 24h +0.046%
Price spread now: Pacifica against Deribit+0.067%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
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Pacifica is 0.067% dearer against Deribit than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ARB_USDC-PERPETUAL | 0.2241 | −0.0151 | get 0.0019% / 1h | 21m 06s | $38K | $20K | 25x |
| Short | Pacifica ARB | 0.2243 | 0.0100 | get 0.0013% / 1h | 21m 06s | $47K | $200K | 10x |
Deribit ARB_USDC-PERPETUAL
Pacifica ARBFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $52.71
- Price spread: +0.067% → 0.000%
- $6.69
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $44.4
- Costs to cover
- 0.150%
- Break-even
- 1.1 days
Slippage unknown: Deribit: no order-book sample; Pacifica: 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 Pacifica live order book, 2 min ago | 7.80 bp | 13.0 bp −$13 | doesn't fit | 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 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 | −0.1675% | 1h | 0.2230 | −0.500% | $40K | $197K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0288% | 1h | 0.2241 | −0.004% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0169% | 8h | 0.2250 | +0.394% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0162% | 8h | 0.2241 | +0.009% | $56.4M | $135.9M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUALlong | −0.0151% | 1h | 0.2241 | long leg | $38K | $20K | 25x | |
| SoDEX ARB-USD | −0.0121% | 1h | 0.2241 | −0.018% | $4K | $2.9M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0099% | 8h | 0.2241 | 0.000% | $22.3M | $165.3M | 50x | as long as short |
| MEXC ARB_USDT | −0.0095% | 8h | 0.2240 | −0.036% | $37.4M | $63.7M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2242 | +0.053% | $1.1M | $5.2M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0030% | 1h | 0.2240 | −0.054% | $77K | $2.2M | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Kraken Futures PF_ARBUSD
Polymarket Perps ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0017% | 8h | 0.2240 | −0.054% | $11K | $388K | 10x | as long as short |
| Extended ARB-USD | −0.0008% | 1h | 0.2240 | −0.042% | $357K | $2.4M | 25x | as long as short |
| Binance ARBUSDT | −0.0005% | 8h | 0.2242 | +0.031% | $63.8M | $324.8M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2243 | +0.075% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2241 | −0.009% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0009% | 8h | 0.2242 | +0.036% | $5.5M | $21.6M | 60x | as long as short |
| BloFin ARB-USDT | +0.0041% | 8h | 0.2241 | −0.022% | $3.0M | $3.3M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2242 | +0.031% | $147K | $12K | 3x | as long as short |
| BingX ARB-USDC | +0.0085% | 8h | 0.2239 | −0.085% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0087% | 8h | 0.2241 | −0.009% | $21.0M | $38.4M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2243 | +0.067% | $1.3M | $7.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2245 | +0.152% | $40.1M | $52.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2241 | +0.002% | $697K | $1.8M | 20x | as long as short |
| Pacifica ARBshort | +0.0100% | 1h | 0.2243 | +0.067% | $47K | $200K | 10x | |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2242 | +0.018% | $20.7M | $17.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2241 | −0.022% | $40K | $455K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2241 | −0.009% | $483K | $4.1M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2243 | +0.080% | $121K | $297K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2242 | +0.036% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2240 | −0.054% | $276K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2242 | +0.036% | $5.3M | $13.7M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0154% / S −0.0018% | 1h | 0.2241 | +0.012% | $850K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2245 | +0.170% | $503K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2238 | −0.151% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2243 | +0.096% | $493K | $2.9M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0561% | 1h | 0.2245 | +0.170% | $1.1M | $2.7M | 20x | as long as short |
Orderly PERP_ARB_USDC
Extended ARB-USD
Binance ARBUSDT
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
BloFin ARB-USDT
Aevo ARB-PERP
BingX ARB-USDC
Bitget ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP