Funding you earn now, next payment 03:00 UTC+0.0344%/8h= +37.6% APRpaid last 24h +0.073%
Price spread now: Reya against Gate−0.517%47s7-day average — · you buy dearer than you sell
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
=Funding pays, the price is against you. Reya is 0.517% cheaper against Gate than usual: you would sell low and buy high (spread −0.517% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$52 on $10k: about 5.0 days of funding at the current rate (+$10 a day). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARB_USDT | 0.2230 | −0.0054 | get 0.0054% / 8h | 5h 56m | $5.4M | $18.9M | 60x |
| Short | Reya ARBRUSDPERP | 0.2218 | 0.0290 | get 0.0036% / 1h | 56m 39s | $2K | $695 | 20x |
Gate ARB_USDT
Reya ARBRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $72.17
- Price spread: −0.517% → 0.000%
- −$51.68
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$0.51
- Costs to cover
- 0.210%
- Break-even
- 7.0 days
Slippage unknown: Gate: live order book, 2 min ago; Reya: no order-book sample. 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 Gate live order book, 2 min ago | 1.80 bp | 17.1 bp −$17 | 23.6 bp −$236 | 96.7 bp −$9,673 | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 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 | −0.1577% | 1h | 0.2218 | −0.534% | $40K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0335% | 1h | 0.2219 | −0.502% | $86K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0151% | 8h | 0.2224 | −0.284% | $1.9M | $2.9M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0138% | 8h | 0.2229 | −0.027% | $22.4M | $154.1M | 50x | as long as short |
| MEXC ARB_USDT | −0.0138% | 8h | 0.2230 | −0.013% | $38.9M | $58.9M | 200x | as long as short |
| 01 Exchange ARBUSD | −0.0136% | 1h | 0.2230 | −0.009% | $7K | $2K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0110% | 1h | 0.2221 | −0.377% | $24K | $34K | 25x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0098% | 1h | 0.2222 | −0.364% | $1.1M | $4.6M | 50x | as long as short |
| SoDEX ARB-USD | −0.0094% | 1h | 0.2221 | −0.408% | $10K | $2.4M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0070% | 8h | 0.2222 | −0.354% | $13K | $382K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
01 Exchange ARBUSD
Deribit ARB_USDC-PERPETUAL
Kraken Futures PF_ARBUSD
SoDEX ARB-USD
Orderly PERP_ARB_USDCShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ARB_USDTlong | −0.0054% | 8h | 0.2230 | long leg | $5.4M | $18.9M | 60x | |
| Bybit ARBUSDT | −0.0054% | 8h | 0.2229 | −0.031% | $56.7M | $127.2M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2227 | −0.111% | $66K | $5K | 10x | as long as short |
| Binance ARBUSDT | +0.0002% | 8h | 0.2228 | −0.088% | $64.9M | $311.5M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0012% | 1h | 0.2222 | −0.349% | $10K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2229 | −0.041% | $353K | $2.5M | 25x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2223 | −0.332% | $141K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2227 | −0.126% | $1.2M | $6.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2226 | −0.157% | $38.7M | $51.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2225 | −0.203% | $661K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2228 | −0.072% | $42K | $179K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2226 | −0.170% | $19.6M | $15.6M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2229 | −0.040% | $21.3M | $35.4M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2228 | −0.076% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2223 | −0.290% | $40K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2229 | −0.035% | $482K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2228 | −0.085% | $120K | $285K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2223 | −0.309% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2221 | −0.386% | $298K | $973K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2220 | −0.444% | $5.0M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2227 | −0.130% | $509K | $2.1M | 50x | as long as short |
| RISEx ARB/USDC | +0.0232% | 1h | 0.2231 | +0.058% | $491K | $2.7M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2222 | −0.342% | $828K | — | 150x | as long as short |
| Reya ARBRUSDPERPshort | +0.0290% | 1h | 0.2218 | −0.517% | $2K | $695 | 20x | |
| Backpack ARB_USDC_PERP | +0.0386% | 1h | 0.2225 | −0.238% | $1.0M | $2.8M | 20x | as long as short |
Bybit ARBUSDT
dYdX ARB-USD
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDC
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP