Spread before costs (cost unknown: a leg has no order-book sample)−0.569%
7d average−0.444%if it closes, per $10,000$57funding while held, a day−$50.22
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ARB/USD [ARB-USDC] | 0.2267 | L +0.0273% / S −0.0215% | pay 0.0034% / 1h | 17m 03s | $686K | — | 150x |
| Short | Injective ARB/USDC PERP | 0.2254 | −0.1401 | pay 0.0175% / 1h | 17m 03s | $58K | $204K | 12x |
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
- −$56.91
- Funding while held
- −$50.22
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$119.14
- Spread needed to break even
- 0.120%
Slippage unknown: GMX: no order-book sample; Injective: live order book, 8 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.1674%
- Per $10,000 a day
- −$50.22
- 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 Injective live order book, 8 min ago | 45.98 bp | doesn't fit | 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 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 PERPshort | −0.569% | −0.1401% | 1h | $58K | $204K | 12x | |
| Coinbase International ARB-PERP-INTX | −0.216% | +0.0464% | 1h | $528K | $2.5M | 50x | as long as short |
| Pacifica ARB | −0.158% | +0.0100% | 1h | $48K | $226K | 10x | as long as short |
| Extended ARB-USD | −0.136% | +0.0104% | 1h | $367K | $2.4M | 25x | as long as short |
| Bitget ARBUSDT | −0.128% | +0.0100% | 8h | $20.9M | $39.7M | 50x | as long as short |
| MEXC ARB_USDT | −0.115% | +0.0007% | 8h | $39.9M | $63.9M | 200x | as long as short |
| Bybit ARBUSDT | −0.106% | −0.0172% | 8h | $57.0M | $131.8M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.079% | +0.0008% | 8h | $23.5M | $173.1M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.066% | −0.0078% | 1h | $67K | $2.5M | 10x | as long as short |
| Reya ARBRUSDPERP | −0.060% | +0.0292% | 1h | $2K | $695 | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | −0.042% | 0.0000% | 1h | $68K | $4K | 10x | as long as short |
| Binance ARBUSDT | −0.035% | +0.0100% | 8h | $64.5M | $323.0M | 75x | as long as short |
| 01 Exchange ARBUSD | −0.013% | −0.0088% | 1h | $7K | $2K | 10x | as long as short |
| BloFin ARB-USDT | −0.013% | +0.0220% | 8h | $3.2M | $3.2M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | −0.001% | L +0.0005% / S −0.0005% | 1h | $55K | — | 150x | as long as short |
| Lighter ARB | 0.000% | +0.0096% | 1h | $1.4M | $7.5M | 15x | as long as short |
| GMX ARB/USD [ARB-USDC]long | 0.000% | L +0.0273% / S −0.0215% | 1h | $686K | — | 150x | |
| BingX ARB-USDT | +0.004% | +0.0100% | 8h | — | $53.3M | — | as long as short |
| Orderly PERP_ARB_USDC | +0.004% | −0.0006% | 8h | $11K | $371K | 10x | as long as short |
| SoDEX ARB-USD | +0.004% | −0.0023% | 1h | $5K | $2.9M | 5x | as long as short |
| Phemex ARBUSDT | +0.004% | +0.0100% | 8h | $5.5M | $14.3M | 50x | as long as short |
| Aster ARBUSDT | +0.011% | +0.0100% | 8h | $721K | $2.2M | 20x | as long as short |
| Deribit ARB_USDC-PERPETUAL | +0.031% | 0.0000% | 1h | $39K | $16K | 25x | as long as short |
| Aevo ARB-PERP | +0.036% | +0.0104% | 1h | $151K | $9K | 3x | as long as short |
| HTX ARB-USDT | +0.044% | +0.0100% | 8h | $276K | $1.2M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.047% | −0.0203% | 1h | $1.1M | $4.9M | 50x | as long as short |
| KuCoin ARBUSDTM | +0.057% | +0.0100% | 8h | $20.8M | $18.2M | 75x | as long as short |
| RISEx ARB/USDC | +0.062% | +0.0449% | 1h | $403K | $3.1M | 10x | as long as short |
| Gate ARB_USDT | +0.075% | +0.0089% | 8h | $5.4M | $21.2M | 60x | as long as short |
| SunX ARB-USDT | +0.093% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| Hyperliquid ARB | +0.168% | +0.0251% | 1h | $42.0M | $49.5M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.238% | +0.0482% | 1h | $939K | $3.0M | 20x | as long as short |
| edgeX ARBUSDC | +0.272% | +0.0100% | 4h | $39K | $467K | 20x | as long as short |
| ApeX Omni ARBUSDT | +0.313% | +0.0100% | 1h | $128K | $261K | 50x | as long as short |
| Variational Omni ARB | +0.509% | +0.0100% | 8h | $1.9M | $3.3M | — | as long as short |
GMX ARB/USD [ARB-USDC]
Injective ARB/USDC PERP
Coinbase International
Pacifica
Extended
Bitget
MEXC
Bybit
OKX
Polymarket Perps
Binance
BloFin
gTrade (Gains Network)
Lighter
BingX
SoDEX
Phemex
Aster
Deribit
HTX
Kraken Futures
KuCoin
RISEx
Gate
SunX
Hyperliquid
Backpack
ApeX Omni
Variational Omni