Spread before costs (cost unknown: a leg has no order-book sample)−0.168%
7d average—if it closes, per $10,000$17funding 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 | 0.2320 | 0 | get 0.0000% / 1h | 58m 03s | $40K | $16K | 25x |
| Short | Phemex ARBUSDT | 0.2316 | 0.0100 | get 0.0100% / 8h | 7h 58m | $5.8M | $14.6M | 50x |
Deribit ARB_USDC-PERPETUAL
Phemex ARBUSDTPrice 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
- −$16.81
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$32.81
- Spread needed to break even
- 0.190%
Slippage unknown: Deribit: no order-book sample; Phemex: live order book, 2 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 Phemex live order book, 2 min ago | 6.49 bp | 15.0 bp −$15 | 26.4 bp −$264 | 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.Pacifica0.2310cheapestVariational Omni0.2311+0.012%Bybit0.2311+0.014%BloFin0.2311+0.027%OKX0.2312+0.079%MEXC0.2313+0.100%BingX0.2313+0.105%Bitget0.2313+0.109%Binance0.2314+0.152%Gate0.2314+0.165%SoDEX0.2315+0.178%edgeX0.2315+0.180%ApeX Omni0.2315+0.196%Lighter0.2315+0.209%KuCoin0.2316+0.222%
Pacifica
Variational Omni
Bybit
BloFin
OKX
MEXC
BingX
Bitget
Binance
Gate
SoDEX
ApeX Omni
Lighter
KuCoinPhemex0.2316+0.239%
Coinbase International0.2316+0.252%Kraken Futures0.2317+0.264%01 Exchange0.2317+0.278%Hyperliquid0.2318+0.304%Injective0.2318+0.325%HTX0.2318+0.325%Extended0.2318+0.329%Backpack0.2319+0.369%RISEx0.2319+0.381%
Coinbase International
Kraken Futures
Hyperliquid
Injective
HTX
Extended
Backpack
RISExDeribit0.2320+0.408%
Aster0.2320+0.410%Orderly0.2320+0.412%Aevo0.2321+0.434%GMX0.2321+0.442%gTrade (Gains Network)0.2321+0.452%Reya0.2321+0.460%dYdX0.2322+0.494%SunX0.2322+0.499%Polymarket Perps0.2322+0.512%
Aster
Orderly
Aevo
GMX
gTrade (Gains Network)
Reya
dYdX
SunX
Polymarket PerpsARB on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica ARB | −0.406% | +0.0100% | 1h | $49K | $228K | 10x | as long as short |
| Variational Omni ARB | −0.394% | +0.0100% | 8h | $1.9M | $3.3M | — | as long as short |
| Bybit ARBUSDT | −0.392% | −0.0255% | 8h | $58.8M | $131.6M | 50x | as long as short |
| BloFin ARB-USDT | −0.379% | +0.0220% | 8h | $3.2M | $3.2M | 75x | as long as short |
| OKX ARB-USDT-SWAP | −0.328% | +0.0020% | 8h | $24.1M | $179.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.306% | +0.0019% | 8h | $37.9M | $59.8M | 200x | as long as short |
| BingX ARB-USDT | −0.302% | +0.0100% | 8h | — | $53.2M | — | as long as short |
| Bitget ARBUSDT | −0.297% | +0.0100% | 8h | $21.5M | $39.5M | 50x | as long as short |
| Binance ARBUSDT | −0.254% | +0.0100% | 8h | $66.2M | $324.9M | 75x | as long as short |
| Gate ARB_USDT | −0.241% | +0.0100% | 8h | $5.6M | $20.6M | 60x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX ARB-USD | −0.228% | −0.0205% | 1h | $5K | $2.9M | 5x | as long as short |
| edgeX ARBUSDC | −0.226% | +0.0100% | 4h | $40K | $466K | 20x | as long as short |
| ApeX Omni ARBUSDT | −0.211% | +0.0100% | 1h | $130K | $262K | 50x | as long as short |
| Lighter ARB | −0.198% | +0.0096% | 1h | $1.6M | $7.1M | 15x | as long as short |
| KuCoin ARBUSDTM | −0.185% | +0.0100% | 8h | $20.8M | $18.4M | 75x | as long as short |
| Phemex ARBUSDTshort | −0.168% | +0.0100% | 8h | $5.8M | $14.6M | 50x | |
| Coinbase International ARB-PERP-INTX | −0.155% | +0.0464% | 1h | $527K | $2.5M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.143% | −0.0198% | 1h | $1.1M | $4.9M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.129% | −0.0048% | 1h | $7K | $2K | 10x | as long as short |
| Hyperliquid ARB | −0.103% | +0.0167% | 1h | $42.4M | $49.6M | 10x | as long as short |
| Injective ARB/USDC PERP | −0.082% | −0.1401% | 1h | $59K | $204K | 12x | as long as short |
| HTX ARB-USDT | −0.082% | +0.0100% | 8h | $282K | $1.2M | 50x | as long as short |
| Extended ARB-USD | −0.078% | +0.0104% | 1h | $375K | $2.4M | 25x | as long as short |
| Backpack ARB_USDC_PERP | −0.039% | +0.0726% | 1h | $992K | $3.0M | 20x | as long as short |
| RISEx ARB/USDC | −0.026% | +0.0449% | 1h | $431K | $3.3M | 10x | as long as short |
| Deribit ARB_USDC-PERPETUALlong | 0.000% | 0.0000% | 1h | $40K | $16K | 25x | |
| Aster ARBUSDT | +0.002% | +0.0100% | 8h | $708K | $2.1M | 20x | as long as short |
| Orderly PERP_ARB_USDC | +0.004% | −0.0023% | 8h | $11K | $346K | 10x | as long as short |
| Aevo ARB-PERP | +0.026% | +0.0104% | 1h | $155K | $9K | 3x | as long as short |
| GMX ARB/USD [ARB-USDC] | +0.034% | L +0.0267% / S −0.0183% | 1h | $749K | — | 150x | as long as short |
| gTrade (Gains Network) ARB/USD | +0.044% | L +0.0005% / S −0.0005% | 1h | $34K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.052% | +0.0292% | 1h | $2K | $695 | 20x | as long as short |
| dYdX ARB-USD | +0.086% | 0.0000% | 1h | $70K | $4K | 10x | as long as short |
| SunX ARB-USDT | +0.091% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| Polymarket Perps ARB-USD | +0.103% | +0.0070% | 1h | $72K | $2.5M | 10x | as long as short |