Funding you earn now, next payment 02:00 UTC+0.0224%/8h= +24.5% APRnext payment +$0.28 per $10,000 · paid last 24h +0.097%
Price spread now: Coinbase International against Extended+0.272%7-day average +0.263% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$750.748% of the position
Funding, last 7 days+0.378%+$38 on $10k
+Price spread, last 3 days (all we have)+0.403%+$40 · spread now +0.272%, 7d avg +0.263%
=Together, before fees+0.781%+ Points / potential airdropExtended: Active · farm board+$78 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.263%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ARB-USD | 0.2227 | 0 | get 0.0000% / 1h | 59m 01s | $353K | $2.5M | 25x |
| Short | Coinbase International ARB-PERP-INTX | 0.2233 | 0.0224 | get 0.0028% / 1h | 59m 01s | $510K | $2.1M | 50x |
Extended ARB-USD
Coinbase International ARB-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Extended. 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
- $47.04
- Price spread: +0.272% → +0.263%
- $0.82
- Slippage, 4 orders
- −$59.75
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$26.89
- Costs to cover
- 0.748%
- Break-even
- 11.0 days
Slippage from Extended: live order book, 5 min ago; Coinbase International: live order book, 5 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 Extended live order book, 5 min ago | 9.01 bp | 11.5 bp −$12 | 70.6 bp −$706 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 8.98 bp | 25.5 bp −$25 | 42.8 bp −$428 | doesn't fit | doesn't fit |
ARB on 35 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 | −0.1577% | 1h | 0.2220 | −0.312% | $40K | $372K | 12x | as long as short |
| SoDEX ARB-USD | −0.0346% | 1h | 0.2227 | +0.007% | $10K | $2.4M | 5x | as long as short |
| Polymarket Perps ARB-USD | −0.0217% | 1h | 0.2228 | +0.070% | $85K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0151% | 8h | 0.2224 | −0.152% | $1.9M | $2.9M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0136% | 8h | 0.2227 | +0.020% | $22.5M | $154.1M | 50x | as long as short |
| MEXC ARB_USDT | −0.0133% | 8h | 0.2228 | +0.034% | $39.0M | $58.9M | 200x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0109% | 1h | 0.2228 | +0.056% | $25K | $34K | 25x | as long as short |
| 01 Exchange ARBUSD | −0.0104% | 1h | 0.2230 | +0.141% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0098% | 1h | 0.2229 | +0.078% | $1.1M | $4.7M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0070% | 8h | 0.2228 | +0.047% | $12K | $383K | 10x | as long as short |
Injective ARB/USDC PERP
SoDEX ARB-USD
Polymarket Perps ARB-USD
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
Orderly PERP_ARB_USDCShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ARB_USDT | −0.0048% | 8h | 0.2228 | +0.056% | $5.4M | $18.9M | 60x | as long as short |
| Bybit ARBUSDT | −0.0044% | 8h | 0.2227 | +0.002% | $56.7M | $127.2M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2231 | +0.165% | $66K | $5K | 10x | as long as short |
| Extended ARB-USDlong | 0.0000% | 1h | 0.2227 | long leg | $353K | $2.5M | 25x | |
| Binance ARBUSDT | +0.0004% | 8h | 0.2229 | +0.079% | $64.9M | $313.1M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0011% | 1h | 0.2228 | +0.070% | $10K | — | 150x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2229 | +0.089% | $141K | $7K | 3x | as long as short |
| Phemex ARBUSDT | +0.0091% | 8h | 0.2228 | +0.047% | $5.0M | $13.0M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2228 | +0.052% | $1.2M | $6.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2229 | +0.101% | $38.8M | $51.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2229 | +0.073% | $662K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2230 | +0.149% | $43K | $179K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2228 | +0.070% | $19.7M | $15.7M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2228 | +0.047% | $21.3M | $35.5M | 50x | as long as short |
| BingX ARB-USDT | +0.0100% | 8h | 0.2228 | +0.047% | — | $54.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2223 | −0.158% | $40K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2226 | −0.049% | $482K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2222 | −0.222% | $120K | $285K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2230 | +0.137% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2228 | +0.047% | $299K | $973K | 50x | as long as short |
| Coinbase International ARB-PERP-INTXshort | +0.0224% | 1h | 0.2233 | +0.272% | $510K | $2.1M | 50x | |
| RISEx ARB/USDC | +0.0232% | 1h | 0.2231 | +0.200% | $491K | $2.7M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2229 | +0.072% | $832K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2226 | −0.033% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0821% | 1h | 0.2231 | +0.200% | $1.0M | $2.8M | 20x | as long as short |
Gate ARB_USDT
Bybit ARBUSDT
dYdX ARB-USD
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
Aevo ARB-PERP
Phemex ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDT
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP