After costs, if the gap returns to its 7d average, $10k−$138
spread now−0.029%7d average+0.970%fees + slippage, in and out−$38spread needed0.378%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ARB-USD | 0.2360 | 0.0104 | pay 0.0013% / 1h | 52m 57s | $380K | $2.5M | 25x |
| Short | Backpack ARB_USDC_PERP | 0.2360 | 0.0524 | get 0.0065% / 1h | 52m 57s | $982K | $2.9M | 20x |
Extended ARB-USD
Backpack ARB_USDC_PERPPrice 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
- −$2.9
- Funding while held
- $12.59
- Slippage, 4 orders
- −$22.83
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$28.15
- Spread needed to break even
- 0.378%
Slippage from Extended: live order book, 2 min ago; Backpack: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0420%
- Per $10,000 a day
- +$12.59
- 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 Extended live order book, 2 min ago | 6.30 bp | 9.0 bp −$9 | 66.0 bp −$660 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 3 min ago | 3.77 bp | 10.0 bp −$10 | 79.2 bp −$792 | doesn't fit | doesn't fit |
ARB price on every exchange
against the cheapest. Click to use as the short leg.Gate0.2354cheapestdYdX0.2356+0.089%Reya0.2357+0.093%Orderly0.2357+0.110%Phemex0.2357+0.110%GMX0.2358+0.140%BloFin0.2358+0.144%Deribit0.2358+0.153%gTrade (Gains Network)0.2358+0.155%Aevo0.2358+0.172%Aster0.2359+0.180%HTX0.2359+0.187%SunX0.2359+0.195%Hyperliquid0.2359+0.212%
Gate
dYdX
Reya
Orderly
Phemex
GMX
BloFin
Deribit
gTrade (Gains Network)
Aevo
Aster
HTX
SunX
HyperliquidBackpack0.2360+0.225%
Polymarket Perps0.2360+0.251%SoDEX0.2360+0.251%
Polymarket Perps
SoDEXExtended0.2360+0.254%
RISEx0.2361+0.263%Injective0.2361+0.280%Bybit0.2361+0.293%Bitget0.2362+0.323%Coinbase International0.2362+0.323%Binance0.2362+0.331%BingX0.2363+0.348%Pacifica0.2363+0.367%MEXC0.2363+0.370%OKX0.2364+0.391%Kraken Futures0.2364+0.391%KuCoin0.2365+0.437%Lighter0.2366+0.505%edgeX0.2380+1.099%ApeX Omni0.2381+1.130%Variational Omni0.2382+1.154%
RISEx
Injective
Bybit
Bitget
Coinbase International
Binance
BingX
Pacifica
MEXC
OKX
Kraken Futures
KuCoin
Lighter
ApeX Omni
Variational OmniARB on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate ARB_USDT | −0.254% | +0.0100% | 8h | $5.8M | $19.6M | 60x | as long as short |
| dYdX ARB-USD | −0.165% | 0.0000% | 1h | $71K | $4K | 10x | as long as short |
| Reya ARBRUSDPERP | −0.161% | +0.0291% | 1h | $3K | — | 20x | as long as short |
| Orderly PERP_ARB_USDC | −0.143% | −0.0044% | 8h | $12K | $292K | 10x | as long as short |
| Phemex ARBUSDT | −0.143% | +0.0100% | 8h | $5.8M | $15.4M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | −0.114% | L +0.0252% / S −0.0158% | 1h | $764K | — | 150x | as long as short |
| BloFin ARB-USDT | −0.110% | +0.0220% | 8h | $3.4M | $3.4M | 75x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.101% | 0.0000% | 1h | $37K | $17K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | −0.099% | L +0.0005% / S −0.0004% | 1h | $56K | — | 150x | as long as short |
| Aevo ARB-PERP | −0.082% | +0.0104% | 1h | $157K | $9K | 3x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster ARBUSDT | −0.075% | +0.0100% | 8h | $712K | $2.2M | 20x | as long as short |
| HTX ARB-USDT | −0.067% | +0.0100% | 8h | $290K | $1.3M | 50x | as long as short |
| SunX ARB-USDT | −0.059% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| Hyperliquid ARB | −0.042% | +0.0391% | 1h | $44.1M | $48.6M | 10x | as long as short |
| Backpack ARB_USDC_PERPshort | −0.029% | +0.0524% | 1h | $982K | $2.9M | 20x | |
| Polymarket Perps ARB-USD | −0.004% | +0.0100% | 1h | $66K | $2.8M | 10x | as long as short |
| SoDEX ARB-USD | −0.004% | +0.0070% | 1h | $4K | $2.9M | 5x | as long as short |
| Extended ARB-USDlong | 0.000% | +0.0104% | 1h | $380K | $2.5M | 25x | |
| RISEx ARB/USDC | +0.009% | −0.0049% | 1h | $383K | $3.4M | 10x | as long as short |
| Injective ARB/USDC PERP | +0.026% | −0.1516% | 1h | $61K | $248K | 12x | as long as short |
| Bybit ARBUSDT | +0.039% | +0.0100% | 8h | $59.5M | $133.7M | 50x | as long as short |
| Bitget ARBUSDT | +0.068% | +0.0100% | 8h | $22.0M | $39.1M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.068% | +0.0520% | 1h | $576K | $2.5M | 50x | as long as short |
| Binance ARBUSDT | +0.077% | +0.0100% | 8h | $68.3M | $328.0M | 75x | as long as short |
| BingX ARB-USDT | +0.094% | +0.0100% | 8h | — | $54.0M | — | as long as short |
| Pacifica ARB | +0.112% | +0.0100% | 1h | $50K | $256K | 10x | as long as short |
| MEXC ARB_USDT | +0.115% | −0.0011% | 8h | $37.5M | $57.7M | 200x | as long as short |
| OKX ARB-USDT-SWAP | +0.136% | −0.0009% | 8h | $24.8M | $193.6M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.137% | +0.0367% | 1h | $1.3M | $4.9M | 50x | as long as short |
| KuCoin ARBUSDTM | +0.183% | +0.0100% | 8h | $20.1M | $19.6M | 75x | as long as short |
| Lighter ARB | +0.251% | +0.1008% | 1h | $1.8M | $7.0M | 15x | as long as short |
| edgeX ARBUSDC | +0.843% | +0.0100% | 4h | $41K | $460K | 20x | as long as short |
| ApeX Omni ARBUSDT | +0.873% | +0.0100% | 1h | $135K | $274K | 50x | as long as short |
| Variational Omni ARB | +0.898% | +0.0100% | 8h | $2.0M | $3.4M | — | as long as short |