Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0166%/8h= +18.2% APRpaid last 24h +0.013%

Price spread now: Aevo against Gate+0.050%7-day average +0.071% · you sell dearer than you buy

Net, funding: paid 7d − costs−$138as in the Funding arb table

Net, price: spread back to 7d avg − costs−$154as in the Price arb table

costs, in and out, $10k−$1521.521% of the position

Long on Gate Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.141%+$14 on $10k

Price spread, last 4 days (all we have)+2.525%+$252 · spread now +0.050%, 7d avg +0.071%

Together, before fees+2.665%+$267 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aevo is 0.021% cheaper against Gate than usual: you would sell low and buy high (spread +0.050% now, against its 7-day average of +0.071%). If the spread goes back, that is −$2 on $10k: about 10 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.141% in total) that is about 25 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ARB_USDT	0.2223	−0.0086	get 0.0086% / 8h	5h 35m	$5.4M	$19.0M	60x
Short	Aevo ARB-PERP	0.2225	0.0080	get 0.0010% / 1h	35m 28s	$141K	$7K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee AevobpOrdersPrice spread, now +0.050%Rate

Funding earned: $34.86
Price spread: +0.050% → +0.071%: −$2.1
Slippage, 4 orders: −$121.14
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$119.38
Costs to cover: 1.521%
Break-even: 31.0 days

Slippage from Gate: live order book, 3 min ago; Aevo: live order book, 28 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 Gate live order book, 3 min ago	2.03 bp	21.2 bp −$21	34.1 bp −$341	103.4 bp −$10.3K	doesn't fit
Sell Aevo live order book, 28 min ago	31.43 bp	60.4 bp −$60	doesn't fit	doesn't fit	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	−0.1577%	1h	0.2203	−0.922%	$40K	$372K	12x	as long as short
Variational Omni ARB	−0.0151%	8h	0.2222	−0.058%	$1.9M	$2.9M	—	as long as short
SoDEX ARB-USD	−0.0149%	1h	0.2224	+0.018%	$10K	$2.4M	5x	as long as short
01 Exchange ARBUSD	−0.0144%	1h	0.2224	+0.027%	$7K	$2K	10x	as long as short
OKX ARB-USDT-SWAP	−0.0132%	8h	0.2224	+0.036%	$22.3M	$152.0M	50x	as long as short
MEXC ARB_USDT	−0.0131%	8h	0.2222	−0.067%	$38.3M	$59.1M	200x	as long as short
Kraken Futures PF_ARBUSD	−0.0098%	1h	0.2225	+0.046%	$1.1M	$4.6M	50x	as long as short
Bybit ARBUSDT	−0.0096%	8h	0.2224	+0.009%	$56.5M	$126.4M	50x	as long as short
Polymarket Perps ARB-USD	−0.0088%	1h	0.2225	+0.063%	$96K	$2.1M	10x	as long as short
Gate ARB_USDTlong	−0.0086%	8h	0.2223	long leg	$5.4M	$19.0M	60x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ARB_USDC	−0.0072%	8h	0.2223	−0.022%	$12K	$384K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0065%	1h	0.2224	+0.009%	$24K	$34K	25x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2223	−0.042%	$66K	$5K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0013%	1h	0.2224	+0.020%	$11K	—	150x	as long as short
Binance ARBUSDT	+0.0007%	8h	0.2224	+0.009%	$64.7M	$308.6M	75x	as long as short
Extended ARB-USD	+0.0008%	1h	0.2222	−0.057%	$353K	$2.5M	25x	as long as short
BloFin ARB-USDT	+0.0014%	8h	0.2220	−0.139%	$3.1M	$2.7M	75x	as long as short
ApeX Omni ARBUSDT	+0.0044%	1h	0.2220	−0.157%	$120K	$283K	50x	as long as short
Aevo ARB-PERPshort	+0.0080%	1h	0.2225	+0.050%	$141K	$7K	3x
Phemex ARBUSDT	+0.0090%	8h	0.2223	−0.022%	$5.0M	$12.9M	50x	as long as short
Bitget ARBUSDT	+0.0094%	8h	0.2225	+0.067%	$21.3M	$34.9M	50x	as long as short
Lighter ARB	+0.0096%	1h	0.2222	−0.081%	$1.2M	$6.4M	15x	as long as short
BingX ARB-USDT	+0.0097%	8h	0.2223	−0.040%	—	$53.9M	—	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2222	−0.072%	$38.6M	$49.7M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2222	−0.088%	$651K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2222	−0.080%	$42K	$178K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2224	+0.009%	$19.6M	$15.5M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2217	−0.277%	$40K	$462K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2219	−0.209%	$477K	$3.6M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2223	−0.022%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2225	+0.054%	$298K	$945K	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0224%	1h	0.2224	+0.027%	$508K	$2.1M	50x	as long as short
RISEx ARB/USDC	+0.0232%	1h	0.2225	+0.081%	$493K	$2.7M	10x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2224	+0.008%	$829K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2225	+0.048%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0560%	1h	0.2227	+0.162%	$1.0M	$2.8M	20x	as long as short