Spread before costs (cost unknown: a leg has no order-book sample)−0.119%
7d average—if it closes, per $10,000$12funding while held, a day+$2.86
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ARB/USD | 0.2262 | L +0.0005% / S −0.0007% | pay 0.0001% / 1h | 29m 21s | $39K | — | 150x |
| Short | Bitget ARBUSDT | 0.2259 | 0.0100 | get 0.0100% / 8h | 5h 29m | $21.1M | $38.4M | 50x |
Price 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
- −$11.94
- Funding while held
- $2.86
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$31.08
- Spread needed to break even
- 0.220%
Slippage unknown: gTrade (Gains Network): no order-book sample; Bitget: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0095%
- Per $10,000 a day
- +$2.86
- 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 1 min ago | 2.22 bp | 12.9 bp −$13 | 25.8 bp −$258 | 163.1 bp −$16.3K | doesn't fit |
gTrade (Gains Network): 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.ARB on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.738% | −0.1615% | 1h | $55K | $69K | 12x | as long as short |
| Variational Omni ARB | −0.573% | +0.0001% | 8h | $1.9M | $3.2M | — | as long as short |
| edgeX ARBUSDC | −0.467% | +0.0100% | 4h | $38K | $447K | 20x | as long as short |
| HTX ARB-USDT | −0.380% | +0.0100% | 8h | $277K | $1.1M | 50x | as long as short |
| BloFin ARB-USDT | −0.371% | +0.0220% | 8h | $3.1M | $3.1M | 75x | as long as short |
| ApeX Omni ARBUSDT | −0.296% | +0.0100% | 1h | $125K | $272K | 50x | as long as short |
| SunX ARB-USDT | −0.208% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| OKX ARB-USDT-SWAP | −0.186% | +0.0021% | 8h | $23.2M | $165.3M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | −0.164% | +0.0352% | 1h | $523K | $2.5M | 50x | as long as short |
| Phemex ARBUSDT | −0.164% | +0.0100% | 8h | $5.5M | $14.1M | 50x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX ARB-USD | −0.159% | −0.0141% | 1h | $5K | $2.8M | 5x | as long as short |
| Bybit ARBUSDT | −0.155% | −0.0184% | 8h | $58.5M | $130.2M | 50x | as long as short |
| Reya ARBRUSDPERP | −0.129% | +0.0291% | 1h | $2K | $695 | 20x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.128% | 0.0000% | 1h | $37K | $18K | 25x | as long as short |
| Bitget ARBUSDTshort | −0.119% | +0.0100% | 8h | $21.1M | $38.4M | 50x | |
| Orderly PERP_ARB_USDC | −0.119% | +0.0019% | 8h | $11K | $385K | 10x | as long as short |
| BingX ARB-USDT | −0.097% | +0.0100% | 8h | — | $55.5M | — | as long as short |
| Polymarket Perps ARB-USD | −0.088% | +0.0052% | 1h | $66K | $2.3M | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.088% | −0.0005% | 1h | $1.1M | $5.0M | 50x | as long as short |
| Pacifica ARB | −0.081% | +0.0100% | 1h | $48K | $192K | 10x | as long as short |
| dYdX ARB-USD | −0.071% | 0.0000% | 1h | $67K | $4K | 10x | as long as short |
| MEXC ARB_USDT | −0.071% | +0.0020% | 8h | $39.5M | $62.8M | 200x | as long as short |
| Aevo ARB-PERP | −0.067% | +0.0104% | 1h | $151K | $9K | 3x | as long as short |
| Binance ARBUSDT | −0.063% | +0.0100% | 8h | $63.3M | $315.4M | 75x | as long as short |
| Lighter ARB | −0.057% | +0.0096% | 1h | $1.4M | $7.5M | 15x | as long as short |
| Extended ARB-USD | −0.057% | +0.0104% | 1h | $358K | $2.4M | 25x | as long as short |
| Gate ARB_USDT | −0.031% | +0.0099% | 8h | $5.5M | $21.3M | 60x | as long as short |
| 01 Exchange ARBUSD | −0.027% | −0.0096% | 1h | $7K | $2K | 10x | as long as short |
| KuCoin ARBUSDTM | −0.022% | +0.0100% | 8h | $21.3M | $17.5M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | −0.021% | L +0.0319% / S −0.0254% | 1h | $841K | — | 150x | as long as short |
| Aster ARBUSDT | −0.007% | +0.0100% | 8h | $703K | $1.8M | 20x | as long as short |
| gTrade (Gains Network) ARB/USDlong | 0.000% | L +0.0005% / S −0.0007% | 1h | $39K | — | 150x | |
| Backpack ARB_USDC_PERP | +0.004% | +0.0580% | 1h | $968K | $2.9M | 20x | as long as short |
| Hyperliquid ARB | +0.009% | +0.0100% | 1h | $40.9M | $50.5M | 10x | as long as short |
| RISEx ARB/USDC | +0.016% | +0.0435% | 1h | $432K | $2.9M | 10x | as long as short |
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
Injective
Variational Omni
HTX
BloFin
ApeX Omni
SunX
OKX
Coinbase International
Phemex
SoDEX
Bybit
Deribit
BingX
Polymarket Perps
Kraken Futures
Pacifica
MEXC
Binance
Lighter
Extended
Gate
KuCoin
GMX
Aster
Backpack
Hyperliquid
RISEx