Funding you earn now, next payment 00:00 UTC−0.0011%/8h= −1.2% APRpaid last 24h 0.000%
Price spread now: BingX against edgeX−0.127%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$540.540% of the position
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 3 days (all we have)−0.078%−$8 · spread now −0.127%, 7d avg −0.037%
=Together, before fees−0.130%+ Points / potential airdropedgeX: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BingX is 0.090% cheaper against edgeX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.037%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ARBUSDC | 0.2230 | 0.0100 | pay 0.0050% / 4h | 2h 11m | $39K | $458K | 20x |
| Short | BingX ARB-USDT | 0.2227 | 0.0089 | get 0.0089% / 8h | 2h 11m | — | $54.0M | — |
edgeX ARBUSDC
BingX ARB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against edgeX. 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
- −$2.31
- Price spread: −0.127% → −0.037%
- −$8.98
- Slippage, 4 orders
- −$35
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$65.29
- Costs to cover
- 0.540%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 12 min ago; BingX: live order book, 12 min ago.
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 edgeX live order book, 12 min ago | 13.39 bp | 21.7 bp −$22 | 114.9 bp −$1,149 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 1.12 bp | 6.3 bp −$6 | 9.2 bp −$92 | 15.7 bp −$1,572 | 47.3 bp −$23.6K |
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 | −0.1675% | 1h | 0.2216 | −0.624% | $40K | $197K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0272% | 1h | 0.2225 | −0.225% | $7K | $2K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0199% | 1h | 0.2225 | −0.239% | $38K | $20K | 25x | as long as short |
| Variational Omni ARB | −0.0162% | 8h | 0.2234 | +0.163% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0147% | 8h | 0.2227 | −0.113% | $56.0M | $135.8M | 50x | as long as short |
| SoDEX ARB-USD | −0.0114% | 1h | 0.2223 | −0.302% | $4K | $2.9M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0106% | 8h | 0.2226 | −0.172% | $22.1M | $163.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0106% | 8h | 0.2225 | −0.198% | $36.9M | $63.8M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2225 | −0.213% | $1.1M | $5.3M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0052% | 1h | 0.2227 | −0.127% | $77K | $2.2M | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Deribit ARB_USDC-PERPETUAL
Variational Omni ARB
Bybit ARBUSDT
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Kraken Futures PF_ARBUSD
Polymarket Perps ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0020% | 8h | 0.2223 | −0.311% | $11K | $388K | 10x | as long as short |
| Binance ARBUSDT | −0.0018% | 8h | 0.2228 | −0.095% | $63.4M | $324.6M | 75x | as long as short |
| Extended ARB-USD | −0.0016% | 1h | 0.2224 | −0.267% | $355K | $2.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2226 | −0.178% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2229 | −0.057% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0008% | 8h | 0.2225 | −0.225% | $5.5M | $21.6M | 60x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2224 | −0.265% | $145K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0088% | 8h | 0.2225 | −0.221% | $20.9M | $38.2M | 50x | as long as short |
| BingX ARB-USDTshort | +0.0089% | 8h | 0.2227 | −0.127% | — | $54.0M | — | |
| Lighter ARB | +0.0096% | 1h | 0.2226 | −0.194% | $1.3M | $7.8M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2229 | −0.037% | $39.7M | $53.0M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2227 | −0.130% | $691K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2226 | −0.181% | $47K | $199K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2227 | −0.131% | $20.4M | $16.9M | 75x | as long as short |
| edgeX ARBUSDClong | +0.0100% | 4h | 0.2230 | long leg | $39K | $458K | 20x | |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2227 | −0.119% | $480K | $4.1M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2231 | +0.048% | $121K | $297K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2224 | −0.266% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2223 | −0.297% | $274K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2225 | −0.221% | $5.2M | $13.7M | 50x | as long as short |
| BloFin ARB-USDT | +0.0105% | 8h | 0.2225 | −0.203% | $3.0M | $3.3M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0154% / S −0.0018% | 1h | 0.2225 | −0.234% | $843K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2249 | +0.855% | $504K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2226 | −0.155% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2228 | −0.097% | $494K | $2.8M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0550% | 1h | 0.2227 | −0.122% | $1.1M | $2.7M | 20x | as long as short |
Orderly PERP_ARB_USDC
Binance ARBUSDT
Extended ARB-USD
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Aevo ARB-PERP
Bitget ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP