Funding you earn now, next payment 03:00 UTC−0.1577%/8h= −172.7% APRnext payment −$1.97 per $10,000 · paid last 24h −0.484%
Price spread now: Injective against dYdX−0.780%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−3.395%−$339 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$47 a day on $10k at the current rate, and Injective is 0.780% cheaper against dYdX than usual: you would sell low and buy high (−$78 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ARB-USD | 0.2230 | 0 | get 0.0000% / 1h | 10m 16s | $66K | $5K | 10x |
| Short | Injective ARB/USDC PERP | 0.2213 | −0.1577 | pay 0.0197% / 1h | 10m 16s | $40K | $372K | 12x |
dYdX ARB-USD
Injective ARB/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against dYdX. 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
- −$331.13
- Price spread: −0.780% → 0.000%
- −$78.01
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$419.16
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Injective: live order book, 54 min ago. 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 Injective live order book, 54 min ago | 51.70 bp | 51.7 bp −$52 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERPshort | −0.1577% | 1h | 0.2213 | −0.780% | $40K | $372K | 12x | |
| Deribit ARB_USDC-PERPETUAL | −0.0154% | 1h | 0.2226 | −0.179% | $25K | $34K | 25x | as long as short |
| OKX ARB-USDT-SWAP | −0.0142% | 8h | 0.2224 | −0.282% | $22.4M | $150.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0140% | 8h | 0.2225 | −0.265% | $38.3M | $59.4M | 200x | as long as short |
| Variational Omni ARB | −0.0140% | 8h | 0.2223 | −0.331% | $1.9M | $2.9M | — | as long as short |
| 01 Exchange ARBUSD | −0.0112% | 1h | 0.2229 | −0.063% | $7K | $2K | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0110% | 1h | 0.2228 | −0.090% | $88K | $2.1M | 10x | as long as short |
| Gate ARB_USDT | −0.0103% | 8h | 0.2225 | −0.233% | $5.4M | $19.2M | 60x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0098% | 1h | 0.2226 | −0.176% | $1.1M | $4.4M | 50x | as long as short |
| SoDEX ARB-USD | −0.0080% | 1h | 0.2225 | −0.220% | $10K | $2.3M | 5x | as long as short |
Deribit ARB_USDC-PERPETUAL
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Gate ARB_USDT
Kraken Futures PF_ARBUSD
SoDEX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0075% | 8h | 0.2227 | −0.152% | $12K | $387K | 10x | as long as short |
| Bybit ARBUSDT | −0.0074% | 8h | 0.2225 | −0.242% | $56.7M | $125.9M | 50x | as long as short |
| dYdX ARB-USDlong | 0.0000% | 1h | 0.2230 | long leg | $66K | $5K | 10x | |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0013% | 1h | 0.2227 | −0.138% | $11K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0024% | 8h | 0.2226 | −0.205% | $65.0M | $306.6M | 75x | as long as short |
| Extended ARB-USD | +0.0024% | 1h | 0.2225 | −0.242% | $353K | $2.5M | 25x | as long as short |
| Phemex ARBUSDT | +0.0038% | 8h | 0.2226 | −0.197% | $5.0M | $12.9M | 50x | as long as short |
| Bitget ARBUSDT | +0.0075% | 8h | 0.2224 | −0.287% | $21.2M | $34.6M | 50x | as long as short |
| BingX ARB-USDT | +0.0078% | 8h | 0.2225 | −0.238% | — | $53.8M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2226 | −0.186% | $141K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0095% | 8h | 0.2228 | −0.112% | $3.1M | $2.6M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2226 | −0.202% | $1.2M | $6.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2226 | −0.188% | $38.6M | $49.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2228 | −0.126% | $652K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2229 | −0.049% | $43K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2226 | −0.188% | $19.7M | $15.3M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2227 | −0.173% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2229 | −0.064% | $483K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2227 | −0.152% | $120K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2231 | +0.027% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2229 | −0.063% | $303K | $939K | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2229 | −0.063% | $499K | $2.0M | 50x | as long as short |
| RISEx ARB/USDC | +0.0232% | 1h | 0.2230 | −0.004% | $485K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2227 | −0.155% | $832K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2225 | −0.250% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0569% | 1h | 0.2228 | −0.112% | $1.0M | $2.8M | 20x | as long as short |
Orderly PERP_ARB_USDC
Bybit ARBUSDT
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
Phemex ARBUSDT
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
BloFin ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP