Funding you earn now, next payment 16:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.12 per $10,000 · paid last 24h −0.005%
Price spread now: Bitget against HTX+0.055%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1241.239% of the position
Funding, last 7 days−0.100%−$10 on $10k
+Price spread, last 4 days (all we have)−0.417%−$42 · spread now +0.055%, 7d avg −0.019%
=The price spread pays, funding is against you. Bitget is 0.074% dearer against HTX than usual: you sell high and buy low (spread +0.055% now, against its 7-day average of −0.019%): +$7 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 21 days. At the pace of the last 7 days (−0.100% in total) that is about 5.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ARB-USDT | 0.2187 | 0.0100 | pay 0.0100% / 8h | 7h 58m | $293K | $836K | 50x |
| Short | Bitget ARBUSDT | 0.2188 | 0.0088 | get 0.0088% / 8h | 7h 58m | $21.1M | $34.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against HTX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$2.52
- Price spread: +0.055% → −0.019%
- $7.44
- Slippage, 4 orders
- −$99.94
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$119.02
- Costs to cover
- 1.239%
- Break-even
- never at this rate
Slippage from HTX: live order book, 60 min ago; Bitget: live order book, 5 min ago.
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 HTX live order book, 60 min ago | 21.47 bp | 59.3 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.29 bp | 12.8 bp −$13 | 21.6 bp −$216 | 98.3 bp −$9,835 | doesn't fit |
ARB on 36 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1605% | 1h | 0.2174 | −0.585% | $39K | $372K | 12x | as long as short |
| SoDEX ARB-USD | −0.0204% | 1h | 0.2187 | +0.009% | $9K | $2.2M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0169% | 1h | 0.2188 | +0.062% | $1.1M | $4.3M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0152% | 1h | 0.2189 | +0.110% | $7K | $236 | 10x | as long as short |
| MEXC ARB_USDT | −0.0070% | 8h | 0.2189 | +0.119% | $41.9M | $62.2M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0069% | 8h | 0.2188 | +0.050% | $22.0M | $145.2M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0040% | 8h | 0.2188 | +0.055% | $16K | $410K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0024% | 1h | 0.2188 | +0.041% | $28K | $38K | 25x | as long as short |
| Bybit ARBUSDT | −0.0019% | 8h | 0.2188 | +0.059% | $53.3M | $125.8M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2190 | +0.129% | $65K | $4K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ARB-USD | 0.0000% | 1h | 0.2188 | +0.059% | $350K | $3.1M | 25x | as long as short |
| Binance ARBUSDT | +0.0004% | 8h | 0.2189 | +0.095% | $63.1M | $299.0M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2188 | +0.052% | $73K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0009% | 8h | 0.2189 | +0.105% | $5.4M | $18.0M | 60x | as long as short |
| Variational Omni ARB | +0.0029% | 8h | 0.2187 | −0.007% | $1.8M | $3.0M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2188 | +0.058% | $139K | $7K | 3x | as long as short |
| BingX ARB-USDT | +0.0087% | 8h | 0.2189 | +0.096% | — | $32.9M | — | as long as short |
| Bitget ARBUSDTshort | +0.0088% | 8h | 0.2188 | +0.055% | $21.1M | $34.6M | 50x | |
| Lighter ARB | +0.0096% | 1h | 0.2188 | +0.055% | $1.3M | $5.3M | 15x | as long as short |
| BloFin ARB-USDT | +0.0099% | 8h | 0.2187 | +0.018% | $3.0M | $2.3M | 75x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2190 | +0.142% | $36.7M | $49.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2189 | +0.095% | $627K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2189 | +0.116% | $43K | $146K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2189 | +0.091% | $19.5M | $13.9M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2181 | −0.263% | $39K | $466K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2186 | −0.055% | $464K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2184 | −0.128% | $118K | $268K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2188 | +0.055% | $73K | $2.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2189 | +0.101% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDTlong | +0.0100% | 8h | 0.2187 | long leg | $293K | $836K | 50x | |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2187 | +0.009% | $4.8M | $12.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0123% | 1h | 0.2190 | +0.149% | $511K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0225% | 1h | 0.2190 | +0.169% | $979K | $2.8M | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0160% | 1h | 0.2188 | +0.044% | $829K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2186 | −0.029% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2190 | +0.146% | $514K | $1.5M | 50x | as long as short |
HTX ARB-USDT
Bitget ARBUSDT
Injective ARB/USDC PERP
SoDEX ARB-USD
Kraken Futures PF_ARBUSD
01 Exchange ARBUSD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Deribit ARB_USDC-PERPETUAL
Bybit ARBUSDT
Extended ARB-USD
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Variational Omni ARB
BingX ARB-USDT
Lighter ARB
BloFin ARB-USDT
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
Phemex ARBUSDT
RISEx ARB/USDC
Backpack ARB_USDC_PERP
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX