Settings8H · net · $10k
Funding arb · Price arb /

ARB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.07 per $10,000 · paid last 24h −0.012%
Price spread now: 01 Exchange against Deribit+0.096%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and 01 Exchange is 0.096% dearer against Deribit than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit ARB_USDC-PERPETUAL0.2199−0.0114get 0.0014% / 1h25m 24s$28K$38K25x
Short01 Exchange ARBUSD0.2201−0.0056pay 0.0007% / 1h25m 24s$7K$20910x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Deribit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$12.18
Price spread: +0.096% → 0.000%
$9.55
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$7.73
Costs to cover
0.140%
Break-even
2.6 days
Slippage unknown: Deribit: no order-book sample; 01 Exchange: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell 01 Exchange no order-book sample
Deribit and 01 Exchange: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1605%1h0.2187−0.541%$39K$372K12xas long as short
SoDEX ARB-USD−0.0222%1h0.2192−0.332%$9K$2.3M5xas long as short
Kraken Futures PF_ARBUSD−0.0168%1h0.2193−0.268%$1.1M$4.2M50xas long as short
Phemex ARBUSDT−0.0134%8h0.2191−0.359%$4.8M$12.8M50xas long as short
Gate ARB_USDT−0.0123%8h0.2199+0.018%$5.4M$18.1M60xas long as short
Deribit ARB_USDC-PERPETUALlong−0.0114%1h0.2199long leg$28K$38K25x
MEXC ARB_USDT−0.0097%8h0.2200+0.036%$43.6M$63.1M200xas long as short
OKX ARB-USDT-SWAP−0.0095%8h0.2198−0.036%$22.3M$145.8M50xas long as short
01 Exchange ARBUSDshort−0.0056%1h0.2201+0.096%$7K$20910x
Bybit ARBUSDT−0.0053%8h0.21990.000%$53.7M$125.6M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ARB_USDC−0.0037%8h0.2198−0.041%$16K$415K10xas long as short
dYdX ARB-USD0.0000%1h0.2199+0.007%$65K$4K10xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0006%1h0.2199+0.023%$73K150xas long as short
Binance ARBUSDT+0.0015%8h0.2200+0.028%$63.6M$298.1M75xas long as short
Extended ARB-USD+0.0016%1h0.2199+0.006%$361K$3.0M25xas long as short
Variational Omni ARB+0.0025%8h0.2191−0.358%$1.8M$3.0Mas long as short
Bitget ARBUSDT+0.0062%8h0.2199+0.005%$21.1M$34.5M50xas long as short
BloFin ARB-USDT+0.0063%8h0.2193−0.250%$3.0M$2.3M75xas long as short
BingX ARB-USDC+0.0065%8h0.2200+0.045%$6.5Mas long as short
Aevo ARB-PERP+0.0088%1h0.2200+0.034%$140K$7K3xas long as short
Lighter ARB+0.0096%1h0.2200+0.055%$1.3M$5.5M15xas long as short
Hyperliquid ARB+0.0100%1h0.2201+0.109%$37.1M$50.3M10xas long as short
Aster ARBUSDT+0.0100%8h0.2199−0.012%$630K$1.7M20xas long as short
Pacifica ARB+0.0100%1h0.2199−0.015%$43K$148K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2200+0.050%$19.5M$13.7M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2194−0.234%$40K$465K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2195−0.177%$471K$3.6M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2194−0.223%$118K$267K50xas long as short
Polymarket Perps ARB-USD+0.0100%1h0.2201+0.077%$74K$2.0M10xas long as short
SunX ARB-USDT+0.0100%8h0.2194−0.223%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2192−0.309%$294K$835K50xas long as short
RISEx ARB/USDC+0.0123%1h0.2201+0.117%$530K$2.7M10xas long as short
Backpack ARB_USDC_PERP+0.0181%1h0.2194−0.214%$980K$2.8M20xas long as short
GMX ARB/USD [ARB-USDC]L +0.0276% / S −0.0158%1h0.2199+0.019%$830K150xas long as short
Reya ARBRUSDPERP+0.0288%1h0.2198−0.031%$2K$69520xas long as short
Coinbase International ARB-PERP-INTX+0.0336%1h0.2198−0.041%$527K$1.5M50xas long as short