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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ARB/USD [ARB-USDC] | 0.2176 | L +0.0279% / S −0.0162% | pay 0.0035% / 1h | 8m 37s | $831K | — | 150x |
| Short | Aevo ARB-PERP | 0.2176 | 0.0072 | get 0.0009% / 1h | 8m 37s | $138K | $7K | 3x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GMX no order-book sample | — | — | — | — | — |
| Sell Aevo live order book, 38 min ago | 32.07 bp | 66.5 bp −$66 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1736% | 1h | 0.2165 | −0.494% | $39K | $372K | 12x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0231% | 1h | 0.2176 | +0.020% | $1.1M | $3.8M | 50x | as long as short |
| Bybit ARBUSDT | −0.0203% | 8h | 0.2176 | +0.003% | $53.6M | $117.6M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0169% | 1h | 0.2175 | −0.043% | $77K | $1.8M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0159% | 8h | 0.2175 | −0.020% | $22.6M | $135.5M | 50x | as long as short |
| MEXC ARB_USDT | −0.0157% | 8h | 0.2177 | +0.049% | $43.2M | $62.3M | 200x | as long as short |
| SoDEX ARB-USD | −0.0147% | 1h | 0.2175 | −0.043% | $9K | $2.1M | 5x | as long as short |
| 01 Exchange ARBUSD | −0.0136% | 1h | 0.2177 | +0.058% | $7K | $414 | 10x | as long as short |
| Variational Omni ARB | −0.0068% | 8h | 0.2173 | −0.131% | $1.8M | $2.6M | — | as long as short |
| Gate ARB_USDT | −0.0059% | 8h | 0.2177 | +0.072% | $5.6M | $16.7M | 60x | as long as short |
Show all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ARB-USD | −0.0048% | 1h | 0.2176 | +0.004% | $357K | $2.9M | 25x | as long as short |
| Binance ARBUSDT | −0.0044% | 8h | 0.2177 | +0.042% | $63.8M | $276.8M | 75x | as long as short |
| Orderly PERP_ARB_USDC | −0.0010% | 8h | 0.2174 | −0.080% | $16K | $392K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2177 | +0.076% | $64K | $3K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2176 | −0.006% | $29K | $32K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2176 | +0.021% | $71K | — | 150x | as long as short |
| Aevo ARB-PERPshort | +0.0072% | 1h | 0.2176 | +0.012% | $138K | $7K | 3x | |
| BloFin ARB-USDT | +0.0073% | 8h | 0.2175 | −0.034% | $3.0M | $2.0M | 75x | as long as short |
| Phemex ARBUSDT | +0.0088% | 8h | 0.2174 | −0.080% | $4.6M | $12.5M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2178 | +0.108% | $1.3M | $5.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2179 | +0.131% | $35.1M | $48.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2176 | +0.025% | $621K | $1.5M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2178 | +0.118% | $54K | $152K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2178 | +0.085% | $18.9M | $12.9M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2177 | +0.058% | $21.0M | $32.1M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2175 | −0.034% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2170 | −0.264% | $38K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2177 | +0.076% | $474K | $3.3M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2169 | −0.310% | $117K | $308K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2178 | +0.104% | $1K | $1.0M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2180 | +0.173% | $283K | $754K | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0189% | 1h | 0.2178 | +0.108% | $970K | $2.7M | 20x | as long as short |
| RISEx ARB/USDC | +0.0271% | 1h | 0.2177 | +0.058% | $537K | $2.3M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC]long | L +0.0279% / S −0.0162% | 1h | 0.2176 | long leg | $831K | — | 150x | |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2174 | −0.079% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0424% | 1h | 0.2180 | +0.196% | $519K | $1.4M | 50x | as long as short |
GMX ARB/USD [ARB-USDC]
Injective ARB/USDC PERP
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
01 Exchange ARBUSD
Variational Omni ARB
Gate ARB_USDT
Extended ARB-USD
Binance ARBUSDT
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
BloFin ARB-USDT
Phemex ARBUSDT
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
Backpack ARB_USDC_PERP
RISEx ARB/USDC
Coinbase International ARB-PERP-INTX