ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0070%/8h= −7.7% APRnext payment −$0.09 per $10,000 · paid last 24h −0.017%

Price spread now: Deribit against dYdX+0.063%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 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

The price spread pays, funding is against you. Deribit is 0.063% dearer against dYdX than usual: you sell high and buy low (spread +0.063% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ARB-USD	0.2186	0	get 0.0000% / 1h	54m 07s	$64K	$3K	10x
Short	Deribit ARB_USDC-PERPETUAL	0.2188	−0.0070	pay 0.0009% / 1h	54m 07s	$29K	$36K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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

Position, each leg$Hold fordaysFee dYdXbpFee DeribitbpOrdersPrice spread, now +0.063%Rate

Funding earned: −$14.7
Price spread: +0.063% → 0.000%: $6.26
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$25.44
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: dYdX: no order-book sample; Deribit: 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 dYdX no order-book sample	—	—	—	—	—
Sell Deribit no order-book sample	—	—	—	—	—

dYdX and 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 exchanges

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	−0.1736%	1h	0.2182	−0.203%	$39K	$372K	12x	as long as short
Kraken Futures PF_ARBUSD	−0.0230%	1h	0.2188	+0.053%	$1.1M	$4.2M	50x	as long as short
SoDEX ARB-USD	−0.0202%	1h	0.2187	+0.031%	$9K	$2.2M	5x	as long as short
Bybit ARBUSDT	−0.0192%	8h	0.2187	+0.003%	$53.8M	$122.4M	50x	as long as short
OKX ARB-USDT-SWAP	−0.0142%	8h	0.2187	+0.008%	$22.8M	$142.7M	50x	as long as short
MEXC ARB_USDT	−0.0141%	8h	0.2187	+0.012%	$44.2M	$61.0M	200x	as long as short
01 Exchange ARBUSD	−0.0128%	1h	0.2186	−0.015%	$7K	$414	10x	as long as short
Deribit ARB_USDC-PERPETUALshort	−0.0070%	1h	0.2188	+0.063%	$29K	$36K	25x
Binance ARBUSDT	−0.0034%	8h	0.2188	+0.081%	$64.0M	$289.4M	75x	as long as short
Extended ARB-USD	−0.0032%	1h	0.2186	−0.042%	$359K	$3.0M	25x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ARB	−0.0030%	8h	0.2186	−0.016%	$1.8M	$2.6M	—	as long as short
Orderly PERP_ARB_USDC	−0.0020%	8h	0.2186	−0.020%	$16K	$408K	10x	as long as short
dYdX ARB-USDlong	0.0000%	1h	0.2186	long leg	$64K	$3K	10x
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2187	+0.037%	$73K	—	150x	as long as short
Polymarket Perps ARB-USD	+0.0006%	1h	0.2186	−0.024%	$73K	$1.9M	10x	as long as short
Gate ARB_USDT	+0.0032%	8h	0.2188	+0.049%	$5.5M	$16.3M	60x	as long as short
Phemex ARBUSDT	+0.0037%	8h	0.2187	+0.026%	$4.7M	$12.6M	50x	as long as short
Aevo ARB-PERP	+0.0072%	1h	0.2188	+0.070%	$139K	$7K	3x	as long as short
BloFin ARB-USDT	+0.0086%	8h	0.2186	−0.011%	$3.0M	$2.1M	75x	as long as short
Lighter ARB	+0.0096%	1h	0.2188	+0.090%	$1.3M	$5.3M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2190	+0.159%	$35.7M	$49.5M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2188	+0.061%	$626K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2187	+0.030%	$42K	$143K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2188	+0.081%	$19.0M	$13.4M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	0.2187	+0.026%	$21.0M	$33.6M	50x	as long as short
BingX ARB-USDT	+0.0100%	8h	0.2187	+0.026%	—	$31.9M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2188	+0.083%	$40K	$464K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2189	+0.117%	$469K	$3.3M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2190	+0.163%	$118K	$311K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2189	+0.117%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2187	+0.008%	$296K	$816K	50x	as long as short
Backpack ARB_USDC_PERP	+0.0146%	1h	0.2190	+0.154%	$976K	$2.7M	20x	as long as short
RISEx ARB/USDC	+0.0271%	1h	0.2188	+0.050%	$543K	$2.4M	10x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0279% / S −0.0162%	1h	0.2188	+0.066%	$836K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0288%	1h	0.2186	−0.035%	$2K	$695	20x	as long as short
Coinbase International ARB-PERP-INTX	+0.0424%	1h	0.2196	+0.419%	$524K	$1.4M	50x	as long as short