Spread before costs (cost unknown: a leg has no order-book sample)+0.024%
7d average—if it closes, per $10,000$2funding while held, a day−$8.92
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ARB/USD [ARB-USDC] | 0.2251 | L +0.0303% / S −0.0273% | pay 0.0038% / 1h | 11m 05s | $715K | — | 150x |
| Short | gTrade (Gains Network) ARB/USD | 0.2251 | L +0.0005% / S −0.0006% | get 0.0001% / 1h | 11m 05s | $59K | — | 150x |
Price 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
- $2.4
- Funding while held
- −$8.92
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$28.52
- Spread needed to break even
- 0.220%
Slippage unknown: GMX: no order-book sample; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0297%
- Per $10,000 a day
- −$8.92
- 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
GMX and gTrade (Gains Network): 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.ARB on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.296% | −0.1630% | 1h | $55K | $139K | 12x | as long as short |
| edgeX ARBUSDC | −0.088% | +0.0100% | 4h | $38K | $465K | 20x | as long as short |
| Reya ARBRUSDPERP | −0.081% | +0.0292% | 1h | $2K | $695 | 20x | as long as short |
| Polymarket Perps ARB-USD | −0.069% | −0.0101% | 1h | $68K | $2.4M | 10x | as long as short |
| Bitget ARBUSDT | −0.029% | +0.0100% | 8h | $20.9M | $38.9M | 50x | as long as short |
| ApeX Omni ARBUSDT | −0.029% | +0.0100% | 1h | $126K | $259K | 50x | as long as short |
| SunX ARB-USDT | −0.029% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| Variational Omni ARB | −0.023% | +0.0059% | 8h | $1.8M | $3.3M | — | as long as short |
| Bybit ARBUSDT | −0.016% | −0.0077% | 8h | $56.8M | $130.4M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC]long | 0.000% | L +0.0303% / S −0.0273% | 1h | $715K | — | 150x |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX ARB-USDT | +0.002% | +0.0100% | 8h | — | $55.5M | — | as long as short |
| Extended ARB-USD | +0.004% | +0.0104% | 1h | $366K | $2.4M | 25x | as long as short |
| OKX ARB-USDT-SWAP | +0.006% | +0.0010% | 8h | $23.1M | $165.5M | 50x | as long as short |
| Binance ARBUSDT | +0.011% | +0.0100% | 8h | $63.2M | $317.8M | 75x | as long as short |
| MEXC ARB_USDT | +0.011% | +0.0008% | 8h | $40.8M | $64.0M | 200x | as long as short |
| BloFin ARB-USDT | +0.011% | +0.0220% | 8h | $3.1M | $3.1M | 75x | as long as short |
| SoDEX ARB-USD | +0.015% | +0.0059% | 1h | $5K | $2.8M | 5x | as long as short |
| Phemex ARBUSDT | +0.015% | +0.0100% | 8h | $5.4M | $14.2M | 50x | as long as short |
| gTrade (Gains Network) ARB/USDshort | +0.024% | L +0.0005% / S −0.0006% | 1h | $59K | — | 150x | |
| Gate ARB_USDT | +0.028% | +0.0100% | 8h | $5.4M | $21.3M | 60x | as long as short |
| Lighter ARB | +0.033% | +0.0096% | 1h | $1.4M | $7.6M | 15x | as long as short |
| 01 Exchange ARBUSD | +0.033% | −0.0192% | 1h | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | +0.050% | −0.0244% | 1h | $1.1M | $4.9M | 50x | as long as short |
| Aster ARBUSDT | +0.053% | +0.0100% | 8h | $708K | $1.8M | 20x | as long as short |
| Orderly PERP_ARB_USDC | +0.060% | +0.0019% | 8h | $10K | $379K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | +0.060% | 0.0000% | 1h | $39K | $16K | 25x | as long as short |
| KuCoin ARBUSDTM | +0.095% | +0.0100% | 8h | $20.6M | $17.8M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.104% | +0.0432% | 1h | $523K | $2.5M | 50x | as long as short |
| Aevo ARB-PERP | +0.116% | +0.0104% | 1h | $150K | $9K | 3x | as long as short |
| HTX ARB-USDT | +0.140% | +0.0100% | 8h | $274K | $1.1M | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.144% | +0.0530% | 1h | $962K | $3.0M | 20x | as long as short |
| dYdX ARB-USD | +0.148% | 0.0000% | 1h | $68K | $3K | 10x | as long as short |
| RISEx ARB/USDC | +0.153% | +0.0519% | 1h | $428K | $3.0M | 10x | as long as short |
| Hyperliquid ARB | +0.162% | +0.0205% | 1h | $41.6M | $49.6M | 10x | as long as short |
| Pacifica ARB | +0.184% | +0.0100% | 1h | $48K | $199K | 10x | as long as short |
GMX ARB/USD [ARB-USDC]
gTrade (Gains Network) ARB/USD
Injective
Polymarket Perps
Bitget
ApeX Omni
SunX
Variational Omni
Bybit
BingX
Extended
OKX
Binance
MEXC
BloFin
SoDEX
Phemex
Gate
Lighter
Kraken Futures
Aster
Deribit
KuCoin
Coinbase International
HTX
Backpack
RISEx
Hyperliquid
Pacifica