Spread before costs (cost unknown: a leg has no order-book sample)−0.099%
7d average−0.025%if it closes, per $10,000$10funding while held, a day−$4.64
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ARB/USD [ARB-USDC] | 0.2365 | L +0.0255% / S −0.0161% | pay 0.0032% / 1h | 28m 05s | $768K | — | 150x |
| Short | KuCoin ARBUSDTM | 0.2363 | 0.0100 | get 0.0100% / 8h | 1h 28m | $20.1M | $19.5M | 75x |
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
- −$9.94
- Funding while held
- −$4.64
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$38.58
- Spread needed to break even
- 0.240%
Slippage unknown: GMX: no order-book sample; KuCoin: live order book, 7 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0155%
- Per $10,000 a day
- −$4.64
- 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 KuCoin live order book, 7 min ago | 3.80 bp | 19.6 bp −$20 | 38.6 bp −$386 | 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 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget ARBUSDT | −0.214% | +0.0100% | 8h | $21.9M | $39.0M | 50x | as long as short |
| Bybit ARBUSDT | −0.201% | +0.0100% | 8h | $59.7M | $132.5M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.201% | +0.0017% | 8h | $24.7M | $190.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.197% | +0.0016% | 8h | $37.7M | $58.9M | 200x | as long as short |
| BingX ARB-USDT | −0.180% | +0.0100% | 8h | — | $53.9M | — | as long as short |
| Binance ARBUSDT | −0.163% | +0.0100% | 8h | $68.1M | $327.8M | 75x | as long as short |
| Gate ARB_USDT | −0.142% | +0.0100% | 8h | $6.0M | $20.3M | 60x | as long as short |
| Extended ARB-USD | −0.138% | +0.0104% | 1h | $381K | $2.4M | 25x | as long as short |
| Reya ARBRUSDPERP | −0.127% | +0.0292% | 1h | $3K | — | 20x | as long as short |
| KuCoin ARBUSDTMshort | −0.099% | +0.0100% | 8h | $20.1M | $19.5M | 75x |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex ARBUSDT | −0.087% | +0.0100% | 8h | $5.8M | $15.1M | 50x | as long as short |
| HTX ARB-USDT | −0.074% | +0.0100% | 8h | $290K | $1.3M | 50x | as long as short |
| RISEx ARB/USDC | −0.070% | −0.0049% | 1h | $384K | $3.3M | 10x | as long as short |
| Backpack ARB_USDC_PERP | −0.066% | +0.0840% | 1h | $969K | $2.9M | 20x | as long as short |
| SoDEX ARB-USD | −0.066% | +0.0100% | 1h | $4K | $2.9M | 5x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.053% | −0.0173% | 1h | $39K | $19K | 25x | as long as short |
| Orderly PERP_ARB_USDC | −0.044% | −0.0036% | 8h | $12K | $308K | 10x | as long as short |
| Aster ARBUSDT | −0.028% | +0.0100% | 8h | $712K | $2.2M | 20x | as long as short |
| Lighter ARB | −0.011% | +0.0200% | 1h | $1.8M | $7.2M | 15x | as long as short |
| Hyperliquid ARB | −0.006% | +0.0507% | 1h | $44.2M | $49.2M | 10x | as long as short |
| SunX ARB-USDT | −0.002% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| GMX ARB/USD [ARB-USDC]long | 0.000% | L +0.0255% / S −0.0161% | 1h | $768K | — | 150x | |
| gTrade (Gains Network) ARB/USD | +0.011% | L +0.0005% / S −0.0004% | 1h | $57K | — | 150x | as long as short |
| Polymarket Perps ARB-USD | +0.027% | +0.0100% | 1h | $63K | $2.7M | 10x | as long as short |
| Aevo ARB-PERP | +0.030% | +0.0104% | 1h | $158K | $9K | 3x | as long as short |
| Kraken Futures PF_ARBUSD | +0.048% | +0.0366% | 1h | $1.3M | $4.9M | 50x | as long as short |
| Variational Omni ARB | +0.053% | +0.0100% | 8h | $2.0M | $3.3M | — | as long as short |
| Injective ARB/USDC PERP | +0.167% | −0.1516% | 1h | $61K | $248K | 12x | as long as short |
| dYdX ARB-USD | +0.184% | 0.0000% | 1h | $71K | $4K | 10x | as long as short |
| edgeX ARBUSDC | +0.293% | +0.0100% | 4h | $40K | $463K | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.336% | +0.0520% | 1h | $573K | $2.5M | 50x | as long as short |
| Pacifica ARB | +0.473% | +0.0100% | 1h | $50K | $249K | 10x | as long as short |
| BloFin ARB-USDT | +0.556% | +0.0220% | 8h | $3.3M | $3.5M | 75x | as long as short |
| ApeX Omni ARBUSDT | +1.013% | +0.0100% | 1h | $136K | $273K | 50x | as long as short |
GMX ARB/USD [ARB-USDC]
KuCoin ARBUSDTM
Bitget
Bybit
OKX
MEXC
BingX
Binance
Gate
Extended
Phemex
HTX
RISEx
Backpack
SoDEX
Deribit
Aster
Lighter
Hyperliquid
SunX
gTrade (Gains Network)
Polymarket Perps
Kraken Futures
Variational Omni
Injective
Coinbase International
Pacifica
BloFin
ApeX Omni