Spread before costs (cost unknown: a leg has no order-book sample)−0.602%
7d average—if it closes, per $10,000$60funding while held, a day+$6.46
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ARB/USD | 0.2388 | L +0.0005% / S −0.0004% | pay 0.0001% / 1h | 31m 13s | $57K | — | 150x |
| Short | BloFin ARB-USDT | 0.2374 | 0.0220 | get 0.0220% / 8h | 1h 31m | $3.3M | $3.4M | 75x |
gTrade (Gains Network) ARB/USD
BloFin ARB-USDTPrice 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
- −$60.22
- Funding while held
- $6.46
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$75.76
- Spread needed to break even
- 0.220%
Slippage unknown: gTrade (Gains Network): no order-book sample; BloFin: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0215%
- Per $10,000 a day
- +$6.46
- 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 BloFin live order book, 3 min ago | 0.21 bp | 13.1 bp −$13 | 23.9 bp −$239 | doesn't fit | 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.Injective0.2360cheapestVariational Omni0.2360+0.012%Backpack0.2371+0.462%edgeX0.2372+0.507%
Injective
Variational Omni
BackpackBloFin0.2374+0.572%
ApeX Omni0.2376+0.678%Reya0.2383+0.983%Polymarket Perps0.2386+1.081%RISEx0.2386+1.084%Extended0.2386+1.090%Pacifica0.2386+1.097%Binance0.2387+1.129%OKX0.2387+1.136%Bitget0.2387+1.144%Orderly0.2387+1.144%Phemex0.2387+1.144%Aster0.2387+1.153%Bybit0.2387+1.153%MEXC0.2387+1.153%SoDEX0.2388+1.169%Deribit0.2388+1.178%
ApeX Omni
Reya
Polymarket Perps
RISEx
Extended
Pacifica
Binance
OKX
Bitget
Orderly
Phemex
Aster
Bybit
MEXC
SoDEX
DeribitgTrade (Gains Network)0.2388+1.181%
BingX0.2388+1.182%dYdX0.2388+1.186%Gate0.2388+1.186%GMX0.2388+1.190%KuCoin0.2388+1.203%HTX0.2388+1.203%Aevo0.2389+1.229%SunX0.2389+1.229%Coinbase International0.2390+1.271%Kraken Futures0.2390+1.277%Lighter0.2391+1.326%Hyperliquid0.2392+1.339%
BingX
dYdX
Gate
GMX
KuCoin
HTX
Aevo
SunX
Coinbase International
Kraken Futures
Lighter
HyperliquidARB on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −1.168% | −0.1516% | 1h | $61K | $248K | 12x | as long as short |
| Variational Omni ARB | −1.156% | +0.0100% | 8h | $2.0M | $3.3M | — | as long as short |
| Backpack ARB_USDC_PERP | −0.711% | +0.0825% | 1h | $972K | $2.9M | 20x | as long as short |
| edgeX ARBUSDC | −0.666% | +0.0100% | 4h | $40K | $463K | 20x | as long as short |
| BloFin ARB-USDTshort | −0.602% | +0.0220% | 8h | $3.3M | $3.4M | 75x | |
| ApeX Omni ARBUSDT | −0.498% | +0.0100% | 1h | $135K | $274K | 50x | as long as short |
| Reya ARBRUSDPERP | −0.196% | +0.0292% | 1h | $3K | — | 20x | as long as short |
| Polymarket Perps ARB-USD | −0.100% | +0.0100% | 1h | $64K | $2.7M | 10x | as long as short |
| RISEx ARB/USDC | −0.096% | −0.0049% | 1h | $387K | $3.3M | 10x | as long as short |
| Extended ARB-USD | −0.091% | +0.0104% | 1h | $384K | $2.4M | 25x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica ARB | −0.083% | +0.0100% | 1h | $50K | $249K | 10x | as long as short |
| Binance ARBUSDT | −0.052% | +0.0100% | 8h | $68.9M | $327.1M | 75x | as long as short |
| OKX ARB-USDT-SWAP | −0.045% | +0.0012% | 8h | $24.9M | $192.5M | 50x | as long as short |
| Bitget ARBUSDT | −0.037% | +0.0100% | 8h | $22.1M | $38.9M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.037% | −0.0037% | 8h | $12K | $306K | 10x | as long as short |
| Phemex ARBUSDT | −0.037% | +0.0100% | 8h | $5.9M | $15.3M | 50x | as long as short |
| Aster ARBUSDT | −0.028% | +0.0100% | 8h | $719K | $2.2M | 20x | as long as short |
| Bybit ARBUSDT | −0.028% | +0.0100% | 8h | $60.4M | $132.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.028% | +0.0012% | 8h | $38.2M | $58.6M | 200x | as long as short |
| SoDEX ARB-USD | −0.012% | +0.0100% | 1h | $5K | $2.9M | 5x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.003% | 0.0000% | 1h | $39K | $19K | 25x | as long as short |
| gTrade (Gains Network) ARB/USDlong | 0.000% | L +0.0005% / S −0.0004% | 1h | $57K | — | 150x | |
| BingX ARB-USDT | +0.001% | +0.0100% | 8h | — | $53.9M | — | as long as short |
| dYdX ARB-USD | +0.005% | 0.0000% | 1h | $72K | $4K | 10x | as long as short |
| Gate ARB_USDT | +0.005% | +0.0100% | 8h | $6.1M | $20.2M | 60x | as long as short |
| GMX ARB/USD [ARB-USDC] | +0.008% | L +0.0255% / S −0.0161% | 1h | $775K | — | 150x | as long as short |
| KuCoin ARBUSDTM | +0.022% | +0.0100% | 8h | $20.3M | $19.5M | 75x | as long as short |
| HTX ARB-USDT | +0.022% | +0.0100% | 8h | $293K | $1.3M | 50x | as long as short |
| Aevo ARB-PERP | +0.047% | +0.0104% | 1h | $159K | $9K | 3x | as long as short |
| SunX ARB-USDT | +0.047% | +0.0100% | 8h | $1K | $1.1M | 30x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.089% | +0.0520% | 1h | $577K | $2.5M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.095% | +0.0363% | 1h | $1.3M | $4.9M | 50x | as long as short |
| Lighter ARB | +0.143% | +0.0224% | 1h | $1.8M | $7.2M | 15x | as long as short |
| Hyperliquid ARB | +0.156% | +0.0512% | 1h | $44.6M | $49.0M | 10x | as long as short |