Funding you earn now, next payment 02:00 UTC+0.0307%/8h= +33.6% APRnext payment +$0.38 per $10,000 · paid last 24h +0.003%
Price spread now: Kraken Futures against gTrade (Gains Network)+0.233%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Kraken Futures is 0.233% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ARB/USD | 0.2215 | L +0.0005% / S −0.0005% | pay 0.0001% / 1h | 39m 33s | $31K | — | 150x |
| Short | Kraken Futures PF_ARBUSD | 0.2220 | 0.0311 | get 0.0039% / 1h | 39m 33s | $1.1M | $4.8M | 50x |
gTrade (Gains Network) ARB/USD
Kraken Futures PF_ARBUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against gTrade (Gains Network). 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
- $64.41
- Price spread: +0.233% → 0.000%
- $23.26
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $67.67
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Kraken Futures: live order book, 4 min ago. Net counts fees only.
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 Kraken Futures live order book, 4 min ago | 11.70 bp | 19.5 bp −$19 | 25.4 bp −$254 | 455.0 bp −$45.5K | 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 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 | −0.1692% | 1h | 0.2210 | −0.204% | $40K | $372K | 12x | as long as short |
| ApeX Omni ARBUSDT | −0.0289% | 1h | 0.2222 | +0.338% | $120K | $296K | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0232% | 1h | 0.2219 | +0.216% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USD | −0.0202% | 1h | 0.2217 | +0.108% | $10K | $2.5M | 5x | as long as short |
| Variational Omni ARB | −0.0179% | 8h | 0.2218 | +0.144% | $1.9M | $2.9M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0106% | 8h | 0.2223 | +0.383% | $22.4M | $158.0M | 50x | as long as short |
| MEXC ARB_USDT | −0.0105% | 8h | 0.2222 | +0.347% | $36.9M | $59.0M | 200x | as long as short |
| Bybit ARBUSDT | −0.0057% | 8h | 0.2223 | +0.361% | $57.2M | $129.1M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0056% | 8h | 0.2215 | +0.022% | $12K | $380K | 10x | as long as short |
| Gate ARB_USDT | −0.0019% | 8h | 0.2222 | +0.320% | $5.4M | $19.7M | 60x | as long as short |
Injective ARB/USDC PERP
ApeX Omni ARBUSDT
01 Exchange ARBUSD
SoDEX ARB-USD
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Bybit ARBUSDT
Orderly PERP_ARB_USDC
Gate ARB_USDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2224 | +0.412% | $66K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2216 | +0.076% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USDlong | L +0.0005% / S −0.0005% | 1h | 0.2215 | long leg | $31K | — | 150x | |
| Binance ARBUSDT | +0.0005% | 8h | 0.2221 | +0.279% | $64.9M | $318.3M | 75x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2220 | +0.238% | $353K | $2.5M | 25x | as long as short |
| BloFin ARB-USDT | +0.0029% | 8h | 0.2212 | −0.136% | $3.1M | $2.9M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2216 | +0.071% | $141K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2220 | +0.266% | $1.2M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2226 | +0.532% | $38.3M | $50.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2220 | +0.236% | $661K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2222 | +0.336% | $42K | $188K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2221 | +0.293% | $19.6M | $15.9M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2223 | +0.383% | $21.2M | $36.3M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2217 | +0.131% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2222 | +0.326% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2220 | +0.269% | $473K | $3.6M | 10x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2225 | +0.460% | $92K | $2.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2214 | −0.023% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2214 | −0.023% | $295K | $1.0M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2217 | +0.112% | $5.0M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0240% | 1h | 0.2213 | −0.077% | $507K | $2.2M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2215 | +0.002% | $826K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2223 | +0.400% | $2K | $695 | 20x | as long as short |
| Kraken Futures PF_ARBUSDshort | +0.0311% | 1h | 0.2220 | +0.233% | $1.1M | $4.8M | 50x | |
| RISEx ARB/USDC | +0.0466% | 1h | 0.2221 | +0.314% | $462K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0510% | 1h | 0.2223 | +0.365% | $1.0M | $2.9M | 20x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDC
edgeX ARBUSDC
GRVT ARB_USDT_Perp
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP