Funding you earn now, next payment 04:00 UTC+0.0294%/8h= +32.2% APRpaid last 24h +0.095%
Price spread now: Coinbase International against Gate+0.250%7-day average +0.174% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$790.786% of the position
Funding, last 7 days+0.413%+$41 on $10k
+Price spread, last 4 days (all we have)+1.230%+$123 · spread now +0.250%, 7d avg +0.174%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Coinbase International is 0.076% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.174%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARB_USDT | 0.2197 | −0.0038 | get 0.0038% / 8h | 3h 51m | $5.3M | $18.0M | 60x |
| Short | Coinbase International ARB-PERP-INTX | 0.2202 | 0.0256 | get 0.0032% / 1h | 51m 46s | $492K | $1.7M | 50x |
Gate ARB_USDT
Coinbase International ARB-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Gate. 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
- $61.74
- Price spread: +0.250% → +0.174%
- $7.63
- Slippage, 4 orders
- −$53.64
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$9.28
- Costs to cover
- 0.786%
- Break-even
- 8.1 days
Slippage from Gate: live order book, 2 min ago; Coinbase International: live order book, 2 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, 2 min ago | 2.27 bp | 17.1 bp −$17 | 23.8 bp −$238 | 90.2 bp −$9,019 | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 6.58 bp | 14.7 bp −$15 | 32.0 bp −$320 | 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 | −0.1589% | 1h | 0.2188 | −0.387% | $39K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0298% | 1h | 0.2195 | −0.059% | $80K | $2.1M | 10x | as long as short |
| MEXC ARB_USDT | −0.0115% | 8h | 0.2196 | −0.032% | $42.1M | $60.2M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0115% | 8h | 0.2195 | −0.059% | $22.2M | $143.5M | 50x | as long as short |
| Variational Omni ARB | −0.0097% | 8h | 0.2199 | +0.112% | $1.8M | $2.9M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0073% | 8h | 0.2196 | −0.023% | $12K | $406K | 10x | as long as short |
| 01 Exchange ARBUSD | −0.0056% | 1h | 0.2197 | +0.032% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0050% | 1h | 0.2197 | +0.005% | $1.1M | $4.4M | 50x | as long as short |
| Bybit ARBUSDT | −0.0048% | 8h | 0.2194 | −0.096% | $55.4M | $124.0M | 50x | as long as short |
| Gate ARB_USDTlong | −0.0038% | 8h | 0.2197 | long leg | $5.3M | $18.0M | 60x |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Variational Omni ARB
Orderly PERP_ARB_USDC
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
Bybit ARBUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2197 | +0.014% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2197 | +0.005% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2197 | +0.016% | $32K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0022% | 8h | 0.2196 | −0.021% | $63.8M | $299.8M | 75x | as long as short |
| Extended ARB-USD | +0.0024% | 1h | 0.2195 | −0.061% | $350K | $2.5M | 25x | as long as short |
| Bitget ARBUSDT | +0.0060% | 8h | 0.2195 | −0.068% | $20.9M | $34.1M | 50x | as long as short |
| BingX ARB-USDC | +0.0061% | 8h | 0.2197 | +0.036% | — | $6.5M | — | as long as short |
| SoDEX ARB-USD | +0.0074% | 1h | 0.2196 | −0.027% | $10K | $2.2M | 5x | as long as short |
| BloFin ARB-USDT | +0.0087% | 8h | 0.2197 | +0.014% | $3.1M | $2.5M | 75x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2197 | +0.009% | $139K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2196 | −0.005% | $1.2M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2197 | +0.027% | $37.7M | $48.3M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2197 | +0.027% | $632K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2196 | −0.032% | $42K | $163K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2198 | +0.064% | $19.6M | $14.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2201 | +0.190% | $38K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2201 | +0.218% | $467K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2200 | +0.159% | $119K | $284K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2198 | +0.068% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2198 | +0.046% | $298K | $890K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2197 | +0.023% | $5.0M | $12.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0118% | 1h | 0.2197 | +0.023% | $480K | $2.6M | 10x | as long as short |
| Coinbase International ARB-PERP-INTXshort | +0.0256% | 1h | 0.2202 | +0.250% | $492K | $1.7M | 50x | |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2196 | −0.011% | $829K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2195 | −0.081% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0575% | 1h | 0.2199 | +0.123% | $991K | $2.8M | 20x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
Bitget ARBUSDT
BingX ARB-USDC
SoDEX ARB-USD
BloFin ARB-USDT
Aevo ARB-PERP
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
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP