Funding you earn now, next payment 08:00 UTC−0.0086%/8h= −9.4% APRnext payment −$0.86 per $10,000 · paid last 24h −0.029%
Price spread now: OKX against Gate−0.027%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$530.526% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 7 days+0.021%+$2 · spread now −0.027%, 7d avg −0.015%
=The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARB_USDT | 0.2230 | −0.0048 | get 0.0048% / 8h | 5h 59m | $5.4M | $18.9M | 60x |
| Short | OKX ARB-USDT-SWAP | 0.2230 | −0.0134 | pay 0.0134% / 8h | 5h 59m | $22.5M | $154.3M | 50x |
Gate ARB_USDT
OKX ARB-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$17.97
- Price spread: −0.027% → −0.015%
- −$1.2
- Slippage, 4 orders
- −$27.61
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$71.77
- Costs to cover
- 0.526%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago | 0.67 bp | 15.6 bp −$16 | 30.8 bp −$308 | 84.7 bp −$8,466 | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.22 bp | 6.9 bp −$7 | 22.1 bp −$221 | doesn't fit | doesn't fit |
ARB on 35 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 | 0.2213 | −0.776% | $40K | $372K | 12x | as long as short |
| SoDEX ARB-USD | −0.0204% | 1h | 0.2227 | −0.135% | $10K | $2.4M | 5x | as long as short |
| Variational Omni ARB | −0.0151% | 8h | 0.2224 | −0.302% | $1.9M | $2.9M | — | as long as short |
| OKX ARB-USDT-SWAPshort | −0.0134% | 8h | 0.2230 | −0.027% | $22.5M | $154.3M | 50x | |
| MEXC ARB_USDT | −0.0133% | 8h | 0.2230 | −0.022% | $39.0M | $58.9M | 200x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0109% | 1h | 0.2228 | −0.117% | $25K | $34K | 25x | as long as short |
| 01 Exchange ARBUSD | −0.0104% | 1h | 0.2230 | −0.009% | $7K | $2K | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0070% | 8h | 0.2227 | −0.148% | $12K | $383K | 10x | as long as short |
| Gate ARB_USDTlong | −0.0048% | 8h | 0.2230 | long leg | $5.4M | $18.9M | 60x | |
| Bybit ARBUSDT | −0.0044% | 8h | 0.2230 | −0.036% | $56.8M | $127.6M | 50x | as long as short |
Injective ARB/USDC PERP
SoDEX ARB-USD
Variational Omni ARB
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
01 Exchange ARBUSD
Orderly PERP_ARB_USDC
Bybit ARBUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2231 | +0.014% | $66K | $5K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2229 | −0.066% | $353K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0004% | 8h | 0.2231 | +0.022% | $65.0M | $313.2M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0011% | 1h | 0.2228 | −0.091% | $10K | — | 150x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2228 | −0.095% | $141K | $7K | 3x | as long as short |
| Phemex ARBUSDT | +0.0088% | 8h | 0.2226 | −0.193% | $5.0M | $13.0M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2230 | +0.004% | $1.2M | $6.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2232 | +0.058% | $38.8M | $51.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2229 | −0.073% | $662K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2230 | −0.001% | $43K | $179K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2231 | +0.031% | $19.7M | $15.7M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2230 | −0.013% | $21.3M | $35.5M | 50x | as long as short |
| BingX ARB-USDT | +0.0100% | 8h | 0.2230 | −0.013% | — | $54.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2225 | −0.237% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2226 | −0.199% | $482K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2224 | −0.282% | $120K | $285K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2228 | −0.103% | $85K | $2.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2231 | +0.031% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2225 | −0.233% | $298K | $976K | 50x | as long as short |
| RISEx ARB/USDC | +0.0232% | 1h | 0.2231 | +0.049% | $491K | $2.7M | 10x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0240% | 1h | 0.2227 | −0.139% | $509K | $2.1M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2228 | −0.097% | $831K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2226 | −0.197% | $2K | $695 | 20x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0310% | 1h | 0.2229 | −0.067% | $1.1M | $4.7M | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0544% | 1h | 0.2231 | +0.018% | $1.0M | $2.8M | 20x | as long as short |
dYdX ARB-USD
Extended ARB-USD
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
Aevo ARB-PERP
Phemex ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDT
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
RISEx ARB/USDC
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Kraken Futures PF_ARBUSD
Backpack ARB_USDC_PERP