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

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0224%/8h= +24.5% APRnext payment +$0.28 per $10,000 · paid last 24h +0.108%
Price spread now: Coinbase International against dYdX+0.108%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 7 days+0.454%+$45 on $10k
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 +$7 a day on $10k at the current rate, and Coinbase International is 0.108% dearer against dYdX than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ARB-USD0.22140get 0.0000% / 1h20m 35s$65K$5K10x
ShortCoinbase International ARB-PERP-INTX0.22160.0224get 0.0028% / 1h20m 35s$492K$2.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against dYdX. 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
$47.04
Price spread: +0.108% → 0.000%
$10.84
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$37.88
Costs to cover
0.200%
Break-even
1.4 days
Slippage unknown: dYdX: no order-book sample; Coinbase International: live order book, 3 min ago. 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 dYdX no order-book sample
Sell Coinbase International live order book, 3 min ago6.77 bp22.4 bp −$2246.8 bp −$468doesn't fitdoesn't fit
dYdX: 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−0.1649%1h0.2207−0.298%$40K$372K12xas long as short
01 Exchange ARBUSD−0.0168%1h0.2210−0.145%$7K$2K10xas long as short
Polymarket Perps ARB-USD−0.0136%1h0.2212−0.090%$98K$2.2M10xas long as short
OKX ARB-USDT-SWAP−0.0130%8h0.2209−0.190%$22.3M$149.0M50xas long as short
MEXC ARB_USDT−0.0130%8h0.2213−0.045%$42.0M$60.7M200xas long as short
Variational Omni ARB−0.0098%8h0.2211−0.129%$1.8M$2.9Mas long as short
Orderly PERP_ARB_USDC−0.0072%8h0.2213−0.027%$12K$397K10xas long as short
Gate ARB_USDT−0.0060%8h0.2213−0.036%$5.3M$18.8M60xas long as short
Bybit ARBUSDT−0.0025%8h0.2210−0.158%$55.9M$127.0M50xas long as short
Kraken Futures PF_ARBUSD−0.0006%1h0.2213−0.031%$1.1M$4.4M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ARB-USDlong0.0000%1h0.2214long leg$65K$5K10x
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2213−0.032%$24K$34K25xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0006%1h0.2214−0.004%$32K150xas long as short
Binance ARBUSDT+0.0024%8h0.2211−0.125%$64.3M$307.6M75xas long as short
Extended ARB-USD+0.0024%1h0.2211−0.098%$354K$2.5M25xas long as short
SoDEX ARB-USD+0.0039%1h0.2213−0.050%$10K$2.3M5xas long as short
BingX ARB-USDT+0.0068%8h0.2212−0.063%$53.9Mas long as short
Bitget ARBUSDT+0.0069%8h0.2212−0.072%$21.0M$34.8M50xas long as short
Aevo ARB-PERP+0.0088%1h0.2213−0.042%$140K$7K3xas long as short
BloFin ARB-USDT+0.0094%8h0.2212−0.063%$3.1M$2.6M75xas long as short
Lighter ARB+0.0096%1h0.2212−0.063%$1.2M$5.8M15xas long as short
Hyperliquid ARB+0.0100%1h0.2214+0.032%$38.0M$48.9M10xas long as short
Aster ARBUSDT+0.0100%8h0.2212−0.061%$637K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2213−0.050%$43K$169K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2213−0.005%$19.6M$15.0M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2214−0.002%$40K$461K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2214+0.018%$470K$3.6M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2217+0.154%$120K$284K50xas long as short
SunX ARB-USDT+0.0100%8h0.2214+0.018%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2212−0.095%$300K$950K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2212−0.072%$5.0M$13.0M50xas long as short
Coinbase International ARB-PERP-INTXshort+0.0224%1h0.2216+0.108%$492K$2.0M50x
RISEx ARB/USDC+0.0225%1h0.2213−0.048%$470K$2.6M10xas long as short
GMX ARB/USD [ARB-USDC]L +0.0276% / S −0.0159%1h0.2213−0.029%$834K150xas long as short
Reya ARBRUSDPERP+0.0289%1h0.2211−0.102%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0643%1h0.2215+0.081%$998K$2.8M20xas long as short