Spread before costs (cost unknown: a leg has no order-book sample)−0.065%
7d average−0.044%if it closes, per $10,000$7funding while held, a day−$4.91
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ARB/USD [ARB-USDC] | 0.2303 | L +0.0264% / S −0.0178% | pay 0.0033% / 1h | 8m 06s | $734K | — | 150x |
| Short | Gate ARB_USDT | 0.2302 | 0.0100 | get 0.0100% / 8h | 8m 06s | $5.5M | $21.5M | 60x |
GMX ARB/USD [ARB-USDC]
Gate ARB_USDTPrice 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
- −$6.51
- Funding while held
- −$4.91
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$38.42
- Spread needed to break even
- 0.270%
Slippage unknown: GMX: no order-book sample; Gate: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0164%
- Per $10,000 a day
- −$4.91
- 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 Gate live order book, 2 min ago | 2.82 bp | 20.9 bp −$21 | 35.6 bp −$356 | 117.3 bp −$11.7K | 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2293cheapestVariational Omni0.2299+0.272%OKX0.2299+0.283%Bybit0.2300+0.305%MEXC0.2300+0.305%Bitget0.2300+0.305%BingX0.2301+0.336%Reya0.2301+0.339%Extended0.2301+0.340%Phemex0.2301+0.349%BloFin0.2301+0.366%Binance0.2302+0.383%01 Exchange0.2302+0.384%Pacifica0.2302+0.387%SoDEX0.2302+0.388%
Injective
Variational Omni
OKX
Bybit
MEXC
Bitget
BingX
Reya
Extended
Phemex
BloFin
Binance
Pacifica
SoDEXGate0.2302+0.392%
Orderly0.2302+0.392%Deribit0.2302+0.406%Lighter0.2302+0.410%dYdX0.2302+0.410%HTX0.2303+0.414%SunX0.2303+0.436%Polymarket Perps0.2303+0.440%KuCoin0.2303+0.445%gTrade (Gains Network)0.2303+0.445%Kraken Futures0.2303+0.452%
Orderly
Deribit
Lighter
dYdX
HTX
SunX
Polymarket Perps
KuCoin
gTrade (Gains Network)
Kraken FuturesGMX0.2303+0.458%
Aevo0.2304+0.469%edgeX0.2304+0.476%Aster0.2304+0.479%Hyperliquid0.2305+0.515%Backpack0.2305+0.519%ApeX Omni0.2305+0.523%RISEx0.2305+0.534%Coinbase International0.2314+0.916%
Aevo
Aster
Hyperliquid
Backpack
ApeX Omni
RISEx
Coinbase InternationalARB on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.456% | −0.1425% | 1h | $59K | $248K | 12x | as long as short |
| Variational Omni ARB | −0.185% | +0.0100% | 8h | $1.9M | $3.3M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.174% | +0.0032% | 8h | $23.8M | $179.2M | 50x | as long as short |
| Bybit ARBUSDT | −0.152% | +0.0100% | 8h | $58.4M | $131.7M | 50x | as long as short |
| MEXC ARB_USDT | −0.152% | +0.0032% | 8h | $34.2M | $61.5M | 200x | as long as short |
| Bitget ARBUSDT | −0.152% | +0.0100% | 8h | $21.3M | $39.4M | 50x | as long as short |
| BingX ARB-USDT | −0.122% | +0.0100% | 8h | — | $53.3M | — | as long as short |
| Reya ARBRUSDPERP | −0.118% | +0.0292% | 1h | $2K | $695 | 20x | as long as short |
| Extended ARB-USD | −0.118% | +0.0104% | 1h | $373K | $2.4M | 25x | as long as short |
| Phemex ARBUSDT | −0.109% | +0.0100% | 8h | $5.7M | $14.6M | 50x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin ARB-USDT | −0.091% | +0.0220% | 8h | $3.2M | $3.2M | 75x | as long as short |
| Binance ARBUSDT | −0.075% | +0.0100% | 8h | $65.3M | $325.7M | 75x | as long as short |
| 01 Exchange ARBUSD | −0.074% | −0.0040% | 1h | $7K | $2K | 10x | as long as short |
| Pacifica ARB | −0.070% | +0.0100% | 1h | $48K | $228K | 10x | as long as short |
| SoDEX ARB-USD | −0.069% | −0.0035% | 1h | $5K | $2.9M | 5x | as long as short |
| Gate ARB_USDTshort | −0.065% | +0.0100% | 8h | $5.5M | $21.5M | 60x | |
| Orderly PERP_ARB_USDC | −0.065% | −0.0023% | 8h | $11K | $338K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.052% | −0.0054% | 1h | $40K | $16K | 25x | as long as short |
| Lighter ARB | −0.048% | +0.0096% | 1h | $1.6M | $7.3M | 15x | as long as short |
| dYdX ARB-USD | −0.048% | 0.0000% | 1h | $69K | $4K | 10x | as long as short |
| HTX ARB-USDT | −0.043% | +0.0100% | 8h | $280K | $1.2M | 50x | as long as short |
| SunX ARB-USDT | −0.022% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| Polymarket Perps ARB-USD | −0.017% | +0.0100% | 1h | $60K | $2.5M | 10x | as long as short |
| KuCoin ARBUSDTM | −0.013% | +0.0100% | 8h | $20.4M | $18.4M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | −0.013% | L +0.0005% / S −0.0005% | 1h | $34K | — | 150x | as long as short |
| Kraken Futures PF_ARBUSD | −0.006% | +0.0440% | 1h | $1.1M | $4.9M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC]long | 0.000% | L +0.0264% / S −0.0178% | 1h | $734K | — | 150x | |
| Aevo ARB-PERP | +0.011% | +0.0104% | 1h | $154K | $9K | 3x | as long as short |
| edgeX ARBUSDC | +0.018% | +0.0100% | 4h | $40K | $463K | 20x | as long as short |
| Aster ARBUSDT | +0.021% | +0.0100% | 8h | $703K | $2.2M | 20x | as long as short |
| Hyperliquid ARB | +0.056% | +0.0278% | 1h | $42.2M | $49.5M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.061% | +0.0638% | 1h | $986K | $3.0M | 20x | as long as short |
| ApeX Omni ARBUSDT | +0.065% | +0.0100% | 1h | $129K | $262K | 50x | as long as short |
| RISEx ARB/USDC | +0.076% | +0.0037% | 1h | $423K | $3.4M | 10x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.456% | +0.0520% | 1h | $533K | $2.5M | 50x | as long as short |