Spread before costs (cost unknown: a leg has no order-book sample)+0.064%
7d average—if it closes, per $10,000$6funding while held, a day−$8.26
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ARB/USD [ARB-USDC] | 0.2270 | L +0.0275% / S −0.0219% | pay 0.0034% / 1h | 15m 41s | $693K | — | 150x |
| Short | Deribit ARB_USDC-PERPETUAL | 0.2271 | 0 | get 0.0000% / 1h | 15m 41s | $40K | $16K | 25x |
GMX ARB/USD [ARB-USDC]
Deribit ARB_USDC-PERPETUALPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $6.43
- Funding while held
- −$8.26
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$20.83
- Spread needed to break even
- 0.190%
Slippage unknown: GMX: no order-book sample; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0275%
- Per $10,000 a day
- −$8.26
- Average in range /8h
- —
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 Deribit no order-book sample | — | — | — | — | — |
GMX and Deribit: 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2254cheapestVariational Omni0.2262+0.345%01 Exchange0.2264+0.448%Polymarket Perps0.2266+0.519%BloFin0.2267+0.559%Reya0.2267+0.568%Extended0.2269+0.655%Phemex0.2270+0.710%
Injective
Variational Omni
Polymarket Perps
BloFin
Reya
Extended
PhemexGMX0.2270+0.712%
gTrade (Gains Network)0.2270+0.722%SoDEX0.2270+0.728%Gate0.2271+0.736%Aster0.2271+0.754%Orderly0.2271+0.754%
gTrade (Gains Network)
SoDEX
Gate
Aster
OrderlyDeribit0.2271+0.776%
Aevo0.2272+0.779%SunX0.2272+0.799%Kraken Futures0.2272+0.808%Pacifica0.2272+0.809%KuCoin0.2272+0.812%HTX0.2272+0.812%Lighter0.2273+0.821%Coinbase International0.2273+0.843%edgeX0.2273+0.846%Hyperliquid0.2273+0.856%Binance0.2273+0.861%Bitget0.2274+0.887%ApeX Omni0.2274+0.887%BingX0.2274+0.892%OKX0.2274+0.896%dYdX0.2274+0.896%Bybit0.2275+0.909%MEXC0.2275+0.941%Backpack0.2275+0.949%RISEx0.2276+0.994%
Aevo
SunX
Kraken Futures
Pacifica
KuCoin
HTX
Lighter
Coinbase International
Hyperliquid
Binance
Bitget
ApeX Omni
BingX
OKX
dYdX
Bybit
MEXC
Backpack
RISExARB on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.707% | −0.1401% | 1h | $58K | $204K | 12x | as long as short |
| Variational Omni ARB | −0.364% | +0.0100% | 8h | $1.9M | $3.3M | — | as long as short |
| 01 Exchange ARBUSD | −0.262% | −0.0096% | 1h | $7K | $2K | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.191% | −0.0085% | 1h | $67K | $2.5M | 10x | as long as short |
| BloFin ARB-USDT | −0.152% | +0.0220% | 8h | $3.2M | $3.2M | 75x | as long as short |
| Reya ARBRUSDPERP | −0.143% | +0.0292% | 1h | $2K | $695 | 20x | as long as short |
| Extended ARB-USD | −0.056% | +0.0104% | 1h | $367K | $2.4M | 25x | as long as short |
| Phemex ARBUSDT | −0.002% | +0.0100% | 8h | $5.5M | $14.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC]long | 0.000% | L +0.0275% / S −0.0219% | 1h | $693K | — | 150x | |
| gTrade (Gains Network) ARB/USD | +0.010% | L +0.0005% / S −0.0005% | 1h | $56K | — | 150x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX ARB-USD | +0.016% | −0.0023% | 1h | $5K | $2.9M | 5x | as long as short |
| Gate ARB_USDT | +0.025% | +0.0100% | 8h | $5.6M | $21.3M | 60x | as long as short |
| Aster ARBUSDT | +0.042% | +0.0100% | 8h | $722K | $2.2M | 20x | as long as short |
| Orderly PERP_ARB_USDC | +0.042% | −0.0005% | 8h | $10K | $369K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUALshort | +0.064% | 0.0000% | 1h | $40K | $16K | 25x | |
| Aevo ARB-PERP | +0.067% | +0.0104% | 1h | $152K | $9K | 3x | as long as short |
| SunX ARB-USDT | +0.086% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| Kraken Futures PF_ARBUSD | +0.096% | −0.0202% | 1h | $1.1M | $4.9M | 50x | as long as short |
| Pacifica ARB | +0.097% | +0.0100% | 1h | $49K | $226K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.100% | +0.0100% | 8h | $20.8M | $18.2M | 75x | as long as short |
| HTX ARB-USDT | +0.100% | +0.0100% | 8h | $276K | $1.2M | 50x | as long as short |
| Lighter ARB | +0.108% | +0.0096% | 1h | $1.4M | $7.5M | 15x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.130% | +0.0464% | 1h | $530K | $2.5M | 50x | as long as short |
| edgeX ARBUSDC | +0.134% | +0.0100% | 4h | $39K | $467K | 20x | as long as short |
| Hyperliquid ARB | +0.144% | +0.0242% | 1h | $42.0M | $49.5M | 10x | as long as short |
| Binance ARBUSDT | +0.149% | +0.0100% | 8h | $64.6M | $323.3M | 75x | as long as short |
| Bitget ARBUSDT | +0.174% | +0.0100% | 8h | $21.1M | $39.6M | 50x | as long as short |
| ApeX Omni ARBUSDT | +0.174% | +0.0100% | 1h | $128K | $261K | 50x | as long as short |
| BingX ARB-USDT | +0.179% | +0.0100% | 8h | — | $53.4M | — | as long as short |
| OKX ARB-USDT-SWAP | +0.183% | +0.0008% | 8h | $23.6M | $173.5M | 50x | as long as short |
| dYdX ARB-USD | +0.183% | 0.0000% | 1h | $69K | $4K | 10x | as long as short |
| Bybit ARBUSDT | +0.196% | −0.0144% | 8h | $57.2M | $131.6M | 50x | as long as short |
| MEXC ARB_USDT | +0.227% | +0.0008% | 8h | $40.1M | $63.9M | 200x | as long as short |
| Backpack ARB_USDC_PERP | +0.236% | +0.0482% | 1h | $941K | $3.0M | 20x | as long as short |
| RISEx ARB/USDC | +0.280% | +0.0449% | 1h | $405K | $3.0M | 10x | as long as short |