Spread before costs (cost unknown: a leg has no order-book sample)+0.249%
7d average+0.009%if it closes, per $10,000$25funding while held, a day−$3.64
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ARBUSDC | 0.2299 | 0.0100 | pay 0.0050% / 4h | 3m 48s | $39K | $464K | 20x |
| Short | Orderly PERP_ARB_USDC | 0.2305 | −0.0021 | pay 0.0021% / 8h | 3m 48s | $11K | $342K | 10x |
Orderly PERP_ARB_USDCPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $24.9
- Funding while held
- −$3.64
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $6.25
- Spread needed to break even
- 0.150%
Slippage unknown: edgeX: live order book, 46 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0121%
- Per $10,000 a day
- −$3.64
- Average in range /8h
- —
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, 46 min ago | 12.69 bp | 19.7 bp −$20 | 95.7 bp −$957 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2296cheapestApeX Omni0.2298+0.087%Reya0.2303+0.290%HTX0.2303+0.327%BingX0.2304+0.331%Extended0.2304+0.339%Bitget0.2304+0.348%SunX0.2304+0.348%Polymarket Perps0.2304+0.353%Gate0.2304+0.361%SoDEX0.2304+0.366%Bybit0.2304+0.370%Variational Omni0.2305+0.390%
Injective
ApeX Omni
Reya
HTX
BingX
Extended
Bitget
SunX
Polymarket Perps
Gate
SoDEX
Bybit
Variational OmniOrderly0.2305+0.392%
Phemex0.2305+0.392%Aster0.2305+0.402%01 Exchange0.2305+0.405%Deribit0.2305+0.409%Kraken Futures0.2306+0.416%dYdX0.2306+0.418%GMX0.2306+0.428%Pacifica0.2306+0.429%Binance0.2306+0.431%Coinbase International0.2306+0.431%gTrade (Gains Network)0.2306+0.432%Aevo0.2306+0.437%BloFin0.2306+0.449%OKX0.2307+0.462%Lighter0.2307+0.466%RISEx0.2307+0.466%MEXC0.2307+0.470%KuCoin0.2307+0.470%Backpack0.2308+0.501%Hyperliquid0.2308+0.527%
Phemex
Aster
Deribit
Kraken Futures
dYdX
GMX
Pacifica
Binance
Coinbase International
gTrade (Gains Network)
Aevo
BloFin
OKX
Lighter
RISEx
MEXC
KuCoin
Backpack
HyperliquidARB on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.142% | −0.1425% | 1h | $59K | $248K | 12x | as long as short |
| ApeX Omni ARBUSDT | −0.055% | +0.0100% | 1h | $129K | $262K | 50x | as long as short |
| edgeX ARBUSDClong | 0.000% | +0.0100% | 4h | $39K | $464K | 20x | |
| Reya ARBRUSDPERP | +0.147% | +0.0292% | 1h | $2K | $695 | 20x | as long as short |
| HTX ARB-USDT | +0.184% | +0.0100% | 8h | $280K | $1.2M | 50x | as long as short |
| BingX ARB-USDT | +0.188% | +0.0100% | 8h | — | $53.3M | — | as long as short |
| Extended ARB-USD | +0.197% | +0.0104% | 1h | $373K | $2.4M | 25x | as long as short |
| Bitget ARBUSDT | +0.205% | +0.0100% | 8h | $21.3M | $39.4M | 50x | as long as short |
| SunX ARB-USDT | +0.205% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| Polymarket Perps ARB-USD | +0.210% | +0.0100% | 1h | $63K | $2.5M | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate ARB_USDT | +0.219% | +0.0100% | 8h | $5.5M | $21.5M | 60x | as long as short |
| SoDEX ARB-USD | +0.223% | −0.0020% | 1h | $5K | $2.9M | 5x | as long as short |
| Bybit ARBUSDT | +0.227% | +0.0100% | 8h | $58.6M | $131.3M | 50x | as long as short |
| Variational Omni ARB | +0.247% | +0.0100% | 8h | $1.9M | $3.3M | — | as long as short |
| Orderly PERP_ARB_USDCshort | +0.249% | −0.0021% | 8h | $11K | $342K | 10x | |
| Phemex ARBUSDT | +0.249% | +0.0100% | 8h | $5.8M | $14.6M | 50x | as long as short |
| Aster ARBUSDT | +0.259% | +0.0100% | 8h | $704K | $2.2M | 20x | as long as short |
| 01 Exchange ARBUSD | +0.262% | −0.0040% | 1h | $7K | $2K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | +0.266% | 0.0000% | 1h | $40K | $16K | 25x | as long as short |
| Kraken Futures PF_ARBUSD | +0.273% | +0.0439% | 1h | $1.1M | $4.9M | 50x | as long as short |
| dYdX ARB-USD | +0.275% | 0.0000% | 1h | $69K | $4K | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | +0.285% | L +0.0264% / S −0.0178% | 1h | $735K | — | 150x | as long as short |
| Pacifica ARB | +0.286% | +0.0100% | 1h | $49K | $228K | 10x | as long as short |
| Binance ARBUSDT | +0.288% | +0.0100% | 8h | $65.6M | $324.2M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.288% | +0.0520% | 1h | $525K | $2.5M | 50x | as long as short |
| gTrade (Gains Network) ARB/USD | +0.289% | L +0.0005% / S −0.0005% | 1h | $34K | — | 150x | as long as short |
| Aevo ARB-PERP | +0.294% | +0.0104% | 1h | $154K | $9K | 3x | as long as short |
| BloFin ARB-USDT | +0.305% | +0.0220% | 8h | $3.2M | $3.2M | 75x | as long as short |
| OKX ARB-USDT-SWAP | +0.319% | +0.0028% | 8h | $23.9M | $179.1M | 50x | as long as short |
| Lighter ARB | +0.323% | +0.0096% | 1h | $1.6M | $7.3M | 15x | as long as short |
| RISEx ARB/USDC | +0.323% | +0.0037% | 1h | $422K | $3.3M | 10x | as long as short |
| MEXC ARB_USDT | +0.327% | +0.0028% | 8h | $35.6M | $61.7M | 200x | as long as short |
| KuCoin ARBUSDTM | +0.327% | +0.0100% | 8h | $20.4M | $18.4M | 75x | as long as short |
| Backpack ARB_USDC_PERP | +0.358% | +0.0648% | 1h | $987K | $3.0M | 20x | as long as short |
| Hyperliquid ARB | +0.384% | +0.0284% | 1h | $42.2M | $49.5M | 10x | as long as short |