Funding you earn now, next payment 05:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.12 per $10,000 · paid last 24h −0.022%
Price spread now: SoDEX against gTrade (Gains Network)+0.021%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 +$3 a day on $10k at the current rate, and SoDEX is 0.021% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$2 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 | 0.2195 | L +0.0005% / S −0.0009% | pay 0.0001% / 1h | 18m 16s | $44K | — | 150x |
| Short | SoDEX ARB-USD | 0.2195 | 0.0100 | get 0.0013% / 1h | 18m 16s | $10K | $2.2M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $20.03
- Price spread: +0.021% → 0.000%
- $2.05
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $4.08
- Costs to cover
- 0.180%
- Break-even
- 5.6 days
Slippage unknown: gTrade (Gains Network): no order-book sample; SoDEX: live order book, 1 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 SoDEX live order book, 1 min ago | 0.23 bp | 5.8 bp −$6 | 18.5 bp −$185 | 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 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 | −0.1589% | 1h | 0.2179 | −0.718% | $39K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0170% | 1h | 0.2193 | −0.071% | $70K | $2.1M | 10x | as long as short |
| MEXC ARB_USDT | −0.0102% | 8h | 0.2194 | −0.052% | $41.7M | $60.7M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0101% | 8h | 0.2195 | −0.007% | $22.0M | $142.2M | 50x | as long as short |
| Variational Omni ARB | −0.0097% | 8h | 0.2188 | −0.323% | $1.8M | $3.0M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0064% | 8h | 0.2195 | +0.011% | $12K | $405K | 10x | as long as short |
| Bybit ARBUSDT | −0.0054% | 8h | 0.2193 | −0.057% | $55.4M | $123.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0050% | 1h | 0.2196 | +0.062% | $1.1M | $4.4M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0016% | 1h | 0.2193 | −0.057% | $7K | $2K | 10x | as long as short |
| Gate ARB_USDT | −0.0001% | 8h | 0.2194 | −0.030% | $5.3M | $18.1M | 60x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2195 | +0.003% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2196 | +0.052% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USDlong | L +0.0005% / S −0.0009% | 1h | 0.2195 | long leg | $44K | — | 150x | |
| Binance ARBUSDT | +0.0047% | 8h | 0.2194 | −0.015% | $64.1M | $298.5M | 75x | as long as short |
| Extended ARB-USD | +0.0048% | 1h | 0.2194 | −0.043% | $349K | $2.5M | 25x | as long as short |
| BingX ARB-USDT | +0.0053% | 8h | 0.2194 | −0.048% | — | $53.6M | — | as long as short |
| Bitget ARBUSDT | +0.0054% | 8h | 0.2194 | −0.034% | $20.9M | $33.8M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2195 | +0.021% | $1.3M | $5.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2196 | +0.041% | $139K | $7K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2195 | +0.011% | $37.4M | $48.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2193 | −0.060% | $631K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2194 | −0.046% | $42K | $158K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2194 | −0.052% | $19.6M | $14.5M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2188 | −0.290% | $38K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2190 | −0.216% | $468K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2190 | −0.216% | $118K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2198 | +0.148% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USDshort | +0.0100% | 1h | 0.2195 | +0.021% | $10K | $2.2M | 5x | |
| HTX ARB-USDT | +0.0100% | 8h | 0.2195 | +0.016% | $297K | $884K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2194 | −0.034% | $5.0M | $12.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0118% | 1h | 0.2193 | −0.068% | $468K | $2.6M | 10x | as long as short |
| BloFin ARB-USDT | +0.0167% | 8h | 0.2190 | −0.207% | $3.1M | $2.5M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0256% | 1h | 0.2198 | +0.148% | $495K | $1.6M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2195 | +0.004% | $828K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2193 | −0.097% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0566% | 1h | 0.2195 | +0.002% | $986K | $2.8M | 20x | as long as short |
gTrade (Gains Network) ARB/USD
SoDEX ARB-USD
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Variational Omni ARB
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
01 Exchange ARBUSD
Gate ARB_USDT
Deribit ARB_USDC-PERPETUAL
Binance ARBUSDT
Extended ARB-USD
BingX ARB-USDT
Bitget ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
RISEx ARB/USDC
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP