Funding you earn now, next payment 09:00 UTC−0.0037%/8h= −4.0% APRpaid last 24h −0.011%
Price spread now: Orderly against dYdX−0.022%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−0.088%−$9 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 −$1 a day on $10k at the current rate, and Orderly is 0.022% cheaper against dYdX than usual: you would sell low and buy high (−$2 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 | 0.2194 | 0 | get 0.0000% / 1h | 26m 26s | $65K | $4K | 10x |
| Short | Orderly PERP_ARB_USDC | 0.2194 | −0.0037 | pay 0.0037% / 8h | 7h 26m | $16K | $414K | 10x |
dYdX ARB-USD
Orderly PERP_ARB_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$7.68
- Price spread: −0.022% → 0.000%
- −$2.2
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$25.89
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Orderly: 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 Orderly no order-book sample | — | — | — | — | — |
dYdX and Orderly: 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 | 0.2179 | −0.706% | $39K | $372K | 12x | as long as short |
| SoDEX ARB-USD | −0.0221% | 1h | 0.2193 | −0.045% | $9K | $2.3M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0168% | 1h | 0.2195 | +0.009% | $1.1M | $4.2M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0160% | 1h | 0.2195 | +0.014% | $28K | $38K | 25x | as long as short |
| Gate ARB_USDT | −0.0159% | 8h | 0.2191 | −0.154% | $5.4M | $18.1M | 60x | as long as short |
| Phemex ARBUSDT | −0.0117% | 8h | 0.2194 | −0.022% | $4.8M | $12.8M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0095% | 8h | 0.2190 | −0.218% | $22.2M | $145.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0094% | 8h | 0.2191 | −0.154% | $43.5M | $63.1M | 200x | as long as short |
| Bybit ARBUSDT | −0.0087% | 8h | 0.2192 | −0.109% | $53.5M | $125.7M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0056% | 1h | 0.2193 | −0.068% | $7K | $209 | 10x | as long as short |
Injective ARB/USDC PERP
SoDEX ARB-USD
Kraken Futures PF_ARBUSD
Deribit ARB_USDC-PERPETUAL
Gate ARB_USDT
Phemex ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Bybit ARBUSDT
01 Exchange ARBUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDCshort | −0.0037% | 8h | 0.2194 | −0.022% | $16K | $414K | 10x | |
| dYdX ARB-USDlong | 0.0000% | 1h | 0.2194 | long leg | $65K | $4K | 10x | |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2192 | −0.092% | $73K | — | 150x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2192 | −0.119% | $361K | $3.0M | 25x | as long as short |
| Binance ARBUSDT | +0.0018% | 8h | 0.2190 | −0.191% | $63.3M | $298.2M | 75x | as long as short |
| Variational Omni ARB | +0.0026% | 8h | 0.2189 | −0.228% | $1.8M | $3.0M | — | as long as short |
| Bitget ARBUSDT | +0.0062% | 8h | 0.2191 | −0.159% | $21.0M | $34.6M | 50x | as long as short |
| BloFin ARB-USDT | +0.0063% | 8h | 0.2193 | −0.049% | $3.0M | $2.3M | 75x | as long as short |
| BingX ARB-USDC | +0.0069% | 8h | 0.2191 | −0.168% | — | $6.5M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2195 | +0.024% | $139K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2195 | +0.033% | $1.3M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2193 | −0.077% | $37.0M | $50.3M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2192 | −0.103% | $628K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2196 | +0.079% | $43K | $148K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2193 | −0.054% | $19.5M | $13.7M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2187 | −0.327% | $40K | $468K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2190 | −0.208% | $466K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2189 | −0.250% | $118K | $267K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2192 | −0.113% | $74K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2195 | +0.024% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2196 | +0.074% | $294K | $835K | 50x | as long as short |
| RISEx ARB/USDC | +0.0123% | 1h | 0.2194 | −0.032% | $528K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0182% | 1h | 0.2197 | +0.101% | $981K | $2.8M | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2195 | +0.045% | $828K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2193 | −0.069% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2195 | +0.019% | $526K | $1.5M | 50x | as long as short |
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
Variational Omni ARB
Bitget ARBUSDT
BloFin ARB-USDT
BingX ARB-USDC
Aevo ARB-PERP
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]
Reya ARBRUSDPERP
Coinbase International ARB-PERP-INTX