Settings8H · net · $10k
Funding arb · Price arb /

ARB

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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0207%/8h= −22.7% APRnext payment $0.26 per $10,000 · paid last 24h −0.053%
Price spread now: Aevo against GMX+0.012%122s7-day average +0.029% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.185%−$19 on $10k
Price spread, last 4 days (all we have)+0.470%+$47 · spread now +0.012%, 7d avg +0.029%
Together, before fees+0.285%+$29 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate. The two prices were read 122 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ARB/USD [ARB-USDC]0.2176L +0.0279% / S −0.0162%pay 0.0035% / 1h8m 37s$831K150x
ShortAevo ARB-PERP0.21760.0072get 0.0009% / 1h8m 37s$138K$7K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against GMX. 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

Funding earned
−$43.47
Price spread: +0.012% → +0.029%
−$1.73
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$73.2
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Aevo: live order book, 38 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Aevo live order book, 38 min ago32.07 bp66.5 bp −$66doesn't fitdoesn't fitdoesn't fit
GMX: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1736%1h0.2165−0.494%$39K$372K12xas long as short
Kraken Futures PF_ARBUSD−0.0231%1h0.2176+0.020%$1.1M$3.8M50xas long as short
Bybit ARBUSDT−0.0203%8h0.2176+0.003%$53.6M$117.6M50xas long as short
Polymarket Perps ARB-USD−0.0169%1h0.2175−0.043%$77K$1.8M10xas long as short
OKX ARB-USDT-SWAP−0.0159%8h0.2175−0.020%$22.6M$135.5M50xas long as short
MEXC ARB_USDT−0.0157%8h0.2177+0.049%$43.2M$62.3M200xas long as short
SoDEX ARB-USD−0.0147%1h0.2175−0.043%$9K$2.1M5xas long as short
01 Exchange ARBUSD−0.0136%1h0.2177+0.058%$7K$41410xas long as short
Variational Omni ARB−0.0068%8h0.2173−0.131%$1.8M$2.6Mas long as short
Gate ARB_USDT−0.0059%8h0.2177+0.072%$5.6M$16.7M60xas long as short
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended ARB-USD−0.0048%1h0.2176+0.004%$357K$2.9M25xas long as short
Binance ARBUSDT−0.0044%8h0.2177+0.042%$63.8M$276.8M75xas long as short
Orderly PERP_ARB_USDC−0.0010%8h0.2174−0.080%$16K$392K10xas long as short
dYdX ARB-USD0.0000%1h0.2177+0.076%$64K$3K10xas long as short
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2176−0.006%$29K$32K25xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0006%1h0.2176+0.021%$71K150xas long as short
Aevo ARB-PERPshort+0.0072%1h0.2176+0.012%$138K$7K3x
BloFin ARB-USDT+0.0073%8h0.2175−0.034%$3.0M$2.0M75xas long as short
Phemex ARBUSDT+0.0088%8h0.2174−0.080%$4.6M$12.5M50xas long as short
Lighter ARB+0.0096%1h0.2178+0.108%$1.3M$5.3M15xas long as short
Hyperliquid ARB+0.0100%1h0.2179+0.131%$35.1M$48.4M10xas long as short
Aster ARBUSDT+0.0100%8h0.2176+0.025%$621K$1.5M20xas long as short
Pacifica ARB+0.0100%1h0.2178+0.118%$54K$152K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2178+0.085%$18.9M$12.9M75xas long as short
Bitget ARBUSDT+0.0100%8h0.2177+0.058%$21.0M$32.1M50xas long as short
BingX ARB-USDC+0.0100%8h0.2175−0.034%$6.5Mas long as short
edgeX ARBUSDC+0.0100%4h0.2170−0.264%$38K$464K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2177+0.076%$474K$3.3M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2169−0.310%$117K$308K50xas long as short
SunX ARB-USDT+0.0100%8h0.2178+0.104%$1K$1.0M30xas long as short
HTX ARB-USDT+0.0100%8h0.2180+0.173%$283K$754K50xas long as short
Backpack ARB_USDC_PERP+0.0189%1h0.2178+0.108%$970K$2.7M20xas long as short
RISEx ARB/USDC+0.0271%1h0.2177+0.058%$537K$2.3M10xas long as short
GMX ARB/USD [ARB-USDC]longL +0.0279% / S −0.0162%1h0.2176long leg$831K150x
Reya ARBRUSDPERP+0.0288%1h0.2174−0.079%$2K$69520xas long as short
Coinbase International ARB-PERP-INTX+0.0424%1h0.2180+0.196%$519K$1.4M50xas long as short