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
Funding, last 4 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
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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ARB_USDC-PERPETUAL | 0.2199 | −0.0114 | get 0.0014% / 1h | 25m 24s | $28K | $38K | 25x |
| Short | 01 Exchange ARBUSD | 0.2201 | −0.0056 | pay 0.0007% / 1h | 25m 24s | $7K | $209 | 10x |
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 itlatest
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| Leg | Half-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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1605% | 1h | 0.2187 | −0.541% | $39K | $372K | 12x | as long as short |
| SoDEX ARB-USD | −0.0222% | 1h | 0.2192 | −0.332% | $9K | $2.3M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0168% | 1h | 0.2193 | −0.268% | $1.1M | $4.2M | 50x | as long as short |
| Phemex ARBUSDT | −0.0134% | 8h | 0.2191 | −0.359% | $4.8M | $12.8M | 50x | as long as short |
| Gate ARB_USDT | −0.0123% | 8h | 0.2199 | +0.018% | $5.4M | $18.1M | 60x | as long as short |
| Deribit ARB_USDC-PERPETUALlong | −0.0114% | 1h | 0.2199 | long leg | $28K | $38K | 25x | |
| MEXC ARB_USDT | −0.0097% | 8h | 0.2200 | +0.036% | $43.6M | $63.1M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0095% | 8h | 0.2198 | −0.036% | $22.3M | $145.8M | 50x | as long as short |
| 01 Exchange ARBUSDshort | −0.0056% | 1h | 0.2201 | +0.096% | $7K | $209 | 10x | |
| Bybit ARBUSDT | −0.0053% | 8h | 0.2199 | 0.000% | $53.7M | $125.6M | 50x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0037% | 8h | 0.2198 | −0.041% | $16K | $415K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2199 | +0.007% | $65K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2199 | +0.023% | $73K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0015% | 8h | 0.2200 | +0.028% | $63.6M | $298.1M | 75x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2199 | +0.006% | $361K | $3.0M | 25x | as long as short |
| Variational Omni ARB | +0.0025% | 8h | 0.2191 | −0.358% | $1.8M | $3.0M | — | as long as short |
| Bitget ARBUSDT | +0.0062% | 8h | 0.2199 | +0.005% | $21.1M | $34.5M | 50x | as long as short |
| BloFin ARB-USDT | +0.0063% | 8h | 0.2193 | −0.250% | $3.0M | $2.3M | 75x | as long as short |
| BingX ARB-USDC | +0.0065% | 8h | 0.2200 | +0.045% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2200 | +0.034% | $140K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2200 | +0.055% | $1.3M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2201 | +0.109% | $37.1M | $50.3M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2199 | −0.012% | $630K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2199 | −0.015% | $43K | $148K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2200 | +0.050% | $19.5M | $13.7M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2194 | −0.234% | $40K | $465K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2195 | −0.177% | $471K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2194 | −0.223% | $118K | $267K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2201 | +0.077% | $74K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2194 | −0.223% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2192 | −0.309% | $294K | $835K | 50x | as long as short |
| RISEx ARB/USDC | +0.0123% | 1h | 0.2201 | +0.117% | $530K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0181% | 1h | 0.2194 | −0.214% | $980K | $2.8M | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2199 | +0.019% | $830K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2198 | −0.031% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2198 | −0.041% | $527K | $1.5M | 50x | as long as short |
Deribit ARB_USDC-PERPETUAL
01 Exchange ARBUSD
Injective ARB/USDC PERP
SoDEX ARB-USD
Kraken Futures PF_ARBUSD
Phemex ARBUSDT
Gate ARB_USDT
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Bybit ARBUSDT
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
Variational Omni ARB
Bitget ARBUSDT
BloFin ARB-USDT
BingX ARB-USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
RISEx ARB/USDC
Backpack ARB_USDC_PERP
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX