Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: SunX against dYdX−0.072%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.210%+$21 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. SunX is 0.072% cheaper against dYdX than usual: you would sell low and buy high (spread −0.072% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.4 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ARB-USD	0.2215	0	get 0.0000% / 1h	49m 34s	$66K	$5K	10x
Short	SunX ARB-USDT	0.2213	0.0100	get 0.0100% / 8h	1h 49m	$2K	$1.1M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.072%Rate

Funding earned: $21
Price spread: −0.072% → 0.000%: −$7.23
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$4.23
Costs to cover: 0.180%
Break-even: 8.4 days

Slippage unknown: dYdX: no order-book sample; SunX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy dYdX no order-book sample	—	—	—	—	—
Sell SunX live order book, 3 min ago	31.66 bp	93.0 bp −$93	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 PERP	−0.1592%	1h	0.2197	−0.795%	$40K	$372K	12x	as long as short
Polymarket Perps ARB-USD	−0.0259%	1h	0.2213	−0.054%	$67K	$2.1M	10x	as long as short
01 Exchange ARBUSD	−0.0072%	1h	0.2214	−0.045%	$7K	$236	10x	as long as short
OKX ARB-USDT-SWAP	−0.0072%	8h	0.2212	−0.117%	$22.1M	$146.7M	50x	as long as short
MEXC ARB_USDT	−0.0071%	8h	0.2213	−0.090%	$41.6M	$61.5M	200x	as long as short
Variational Omni ARB	−0.0070%	8h	0.2210	−0.213%	$1.8M	$3.0M	—	as long as short
SoDEX ARB-USD	−0.0068%	1h	0.2213	−0.081%	$9K	$2.2M	5x	as long as short
Orderly PERP_ARB_USDC	−0.0044%	8h	0.2213	−0.072%	$12K	$406K	10x	as long as short
Bybit ARBUSDT	−0.0024%	8h	0.2213	−0.086%	$54.5M	$126.5M	50x	as long as short
dYdX ARB-USDlong	0.0000%	1h	0.2215	long leg	$66K	$5K	10x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2213	−0.050%	$28K	$38K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0009%	1h	0.2213	−0.052%	$44K	—	150x	as long as short
RISEx ARB/USDC	+0.0056%	1h	0.2213	−0.052%	$467K	$2.6M	10x	as long as short
Bitget ARBUSDT	+0.0057%	8h	0.2213	−0.072%	$21.3M	$34.8M	50x	as long as short
Gate ARB_USDT	+0.0072%	8h	0.2213	−0.068%	$5.5M	$18.3M	60x	as long as short
Extended ARB-USD	+0.0088%	1h	0.2212	−0.125%	$352K	$2.8M	25x	as long as short
Binance ARBUSDT	+0.0093%	8h	0.2213	−0.082%	$63.2M	$301.9M	75x	as long as short
Lighter ARB	+0.0096%	1h	0.2214	−0.032%	$1.3M	$5.5M	15x	as long as short
BingX ARB-USDT	+0.0096%	8h	0.2213	−0.068%	—	$53.6M	—	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2215	+0.027%	$37.4M	$49.4M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2214	−0.044%	$635K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2214	−0.030%	$43K	$150K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2214	−0.027%	$19.7M	$14.3M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2209	−0.257%	$39K	$463K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2209	−0.239%	$480K	$3.7M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2210	−0.208%	$119K	$282K	50x	as long as short
SunX ARB-USDTshort	+0.0100%	8h	0.2213	−0.072%	$2K	$1.1M	30x
HTX ARB-USDT	+0.0100%	8h	0.2213	−0.086%	$296K	$873K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2214	−0.027%	$5.0M	$12.8M	50x	as long as short
Aevo ARB-PERP	+0.0104%	1h	0.2214	−0.032%	$140K	$7K	3x	as long as short
BloFin ARB-USDT	+0.0211%	8h	0.2210	−0.212%	$3.1M	$2.3M	75x	as long as short
Kraken Futures PF_ARBUSD	+0.0230%	1h	0.2215	−0.001%	$1.1M	$4.5M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2214	−0.043%	$836K	—	150x	as long as short
Coinbase International ARB-PERP-INTX	+0.0288%	1h	0.2218	+0.153%	$518K	$1.6M	50x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2213	−0.053%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0589%	1h	0.2216	+0.077%	$994K	$2.8M	20x	as long as short