Funding you earn now, next payment 09:00 UTC−0.0319%/8h= −34.9% APRpaid last 24h −0.002%
Price spread now: Gate against Extended+0.022%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$740.741% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 7 days−0.067%−$7 · spread now +0.022%, 7d avg +0.083%
=Together, before fees−0.084%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Gate is 0.061% cheaper against Extended than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.083%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.016% in total (about -0.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ARB-USD | 0.2188 | 0 | get 0.0000% / 1h | 53m 46s | $364K | $3.1M | 25x |
| Short | Gate ARB_USDT | 0.2189 | −0.0319 | pay 0.0319% / 8h | 7h 53m | $5.4M | $18.1M | 60x |
Extended ARB-USD
Gate ARB_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$66.99
- Price spread: +0.022% → +0.083%
- −$6.13
- Slippage, 4 orders
- −$54.14
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$147.26
- Costs to cover
- 0.741%
- Break-even
- never at this rate
Slippage from Extended: live order book, 5 min ago; Gate: 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 | 16.01 bp | 18.5 bp −$19 | 79.4 bp −$794 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 2.06 bp | 16.5 bp −$16 | 19.6 bp −$196 | 103.4 bp −$10.3K | doesn't fit |
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 | −0.1605% | 1h | 0.2174 | −0.655% | $39K | $372K | 12x | as long as short |
| Gate ARB_USDTshort | −0.0319% | 8h | 0.2189 | +0.022% | $5.4M | $18.1M | 60x | |
| Kraken Futures PF_ARBUSD | −0.0168% | 1h | 0.2191 | +0.127% | $1.1M | $4.3M | 50x | as long as short |
| SoDEX ARB-USD | −0.0167% | 1h | 0.2190 | +0.054% | $9K | $2.2M | 5x | as long as short |
| Phemex ARBUSDT | −0.0119% | 8h | 0.2190 | +0.076% | $4.8M | $12.8M | 50x | as long as short |
| Bybit ARBUSDT | −0.0114% | 8h | 0.2188 | −0.029% | $53.3M | $125.9M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0112% | 1h | 0.2192 | +0.150% | $7K | $236 | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0070% | 8h | 0.2188 | −0.033% | $22.2M | $145.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0068% | 8h | 0.2189 | +0.035% | $42.7M | $62.5M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0040% | 8h | 0.2190 | +0.076% | $16K | $412K | 10x | as long as short |
Injective ARB/USDC PERP
Kraken Futures PF_ARBUSD
SoDEX ARB-USD
Phemex ARBUSDT
Bybit ARBUSDT
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2194 | +0.243% | $65K | $4K | 10x | as long as short |
| Extended ARB-USDlong | 0.0000% | 1h | 0.2188 | long leg | $364K | $3.1M | 25x | |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2190 | +0.081% | $28K | $38K | 25x | as long as short |
| Binance ARBUSDT | +0.0003% | 8h | 0.2189 | +0.033% | $63.2M | $299.4M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2191 | +0.139% | $73K | — | 150x | as long as short |
| BloFin ARB-USDT | +0.0021% | 8h | 0.2189 | +0.049% | $3.0M | $2.3M | 75x | as long as short |
| Variational Omni ARB | +0.0034% | 8h | 0.2186 | −0.084% | $1.8M | $3.0M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2191 | +0.107% | $139K | $7K | 3x | as long as short |
| Bitget ARBUSDT | +0.0085% | 8h | 0.2187 | −0.061% | $21.1M | $34.6M | 50x | as long as short |
| BingX ARB-USDC | +0.0087% | 8h | 0.2190 | +0.095% | — | $6.5M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2190 | +0.095% | $1.3M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2190 | +0.063% | $36.6M | $49.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2191 | +0.118% | $627K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2193 | +0.217% | $43K | $146K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2190 | +0.081% | $19.5M | $13.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2192 | +0.187% | $40K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2186 | −0.093% | $465K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2187 | −0.061% | $118K | $268K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2193 | +0.214% | $74K | $2.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2194 | +0.259% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2192 | +0.163% | $294K | $836K | 50x | as long as short |
| RISEx ARB/USDC | +0.0123% | 1h | 0.2192 | +0.188% | $514K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0195% | 1h | 0.2192 | +0.172% | $980K | $2.8M | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0160% | 1h | 0.2190 | +0.077% | $831K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2190 | +0.073% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2193 | +0.232% | $523K | $1.5M | 50x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
BloFin ARB-USDT
Variational Omni ARB
Aevo ARB-PERP
Bitget ARBUSDT
BingX ARB-USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
RISEx ARB/USDC
Backpack ARB_USDC_PERP
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Coinbase International ARB-PERP-INTX