Funding you earn now, next payment 05:00 UTC−0.0103%/8h= −11.2% APRpaid last 24h −0.016%
Price spread now: OKX against dYdX+0.084%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.008%−$1 on $10k
+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. OKX is 0.084% dearer against dYdX than usual: you sell high and buy low (spread +0.084% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.7 days. At the pace of the last 7 days (−0.008% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ARB-USD | 0.2188 | 0 | get 0.0000% / 1h | 19m 36s | $65K | $5K | 10x |
| Short | OKX ARB-USDT-SWAP | 0.2189 | −0.0103 | pay 0.0103% / 8h | 3h 19m | $22.0M | $141.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$21.56
- Price spread: +0.084% → 0.000%
- $8.4
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$33.16
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago | 0.23 bp | 6.9 bp −$7 | 17.7 bp −$177 | 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 PERP | −0.1589% | 1h | 0.2174 | −0.620% | $39K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0174% | 1h | 0.2189 | +0.057% | $69K | $2.1M | 10x | as long as short |
| MEXC ARB_USDT | −0.0103% | 8h | 0.2188 | −0.003% | $41.5M | $60.6M | 200x | as long as short |
| OKX ARB-USDT-SWAPshort | −0.0103% | 8h | 0.2189 | +0.084% | $22.0M | $141.9M | 50x | |
| Variational Omni ARB | −0.0097% | 8h | 0.2188 | +0.005% | $1.8M | $3.0M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0065% | 8h | 0.2189 | +0.066% | $12K | $407K | 10x | as long as short |
| Bybit ARBUSDT | −0.0056% | 8h | 0.2189 | +0.052% | $55.3M | $123.2M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0050% | 1h | 0.2191 | +0.147% | $1.1M | $4.4M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0016% | 1h | 0.2189 | +0.079% | $7K | $2K | 10x | as long as short |
| Gate ARB_USDT | −0.0004% | 8h | 0.2188 | +0.043% | $5.3M | $18.1M | 60x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USDlong | 0.0000% | 1h | 0.2188 | long leg | $65K | $5K | 10x | |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2190 | +0.089% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2190 | +0.090% | $44K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0047% | 8h | 0.2189 | +0.075% | $64.0M | $298.5M | 75x | as long as short |
| Extended ARB-USD | +0.0048% | 1h | 0.2188 | +0.013% | $349K | $2.5M | 25x | as long as short |
| Bitget ARBUSDT | +0.0053% | 8h | 0.2188 | +0.020% | $20.8M | $33.8M | 50x | as long as short |
| BingX ARB-USDC | +0.0053% | 8h | 0.2188 | +0.011% | — | $6.5M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2189 | +0.052% | $1.3M | $5.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2190 | +0.111% | $139K | $7K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2190 | +0.111% | $37.3M | $48.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2189 | +0.058% | $630K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2188 | +0.029% | $42K | $158K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2189 | +0.061% | $19.5M | $14.5M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2188 | +0.037% | $38K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2190 | +0.111% | $468K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2190 | +0.111% | $118K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2191 | +0.157% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2189 | +0.075% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2189 | +0.079% | $297K | $885K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2189 | +0.066% | $5.0M | $12.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0118% | 1h | 0.2189 | +0.077% | $468K | $2.6M | 10x | as long as short |
| BloFin ARB-USDT | +0.0166% | 8h | 0.2187 | −0.012% | $3.1M | $2.5M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0256% | 1h | 0.2194 | +0.294% | $494K | $1.6M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2190 | +0.093% | $826K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2189 | +0.062% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0561% | 1h | 0.2192 | +0.198% | $985K | $2.8M | 20x | as long as short |
OKX ARB-USDT-SWAP
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
MEXC ARB_USDT
Variational Omni ARB
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
01 Exchange ARBUSD
Gate ARB_USDT
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
Bitget ARBUSDT
BingX ARB-USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
RISEx ARB/USDC
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP