Funding you earn now, next payment 08:00 UTC−0.0205%/8h= −22.4% APRnext payment −$2.05 per $10,000 · paid last 24h −0.045%
Price spread now: MEXC against HTX−0.081%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$720.715% of the position
Funding, last 7 days−0.217%−$22 on $10k
+Price spread, last 3 days (all we have)−0.231%−$23 · spread now −0.081%, 7d avg −0.016%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and MEXC is 0.065% cheaper against HTX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.016%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ARB-USDT | 0.2225 | 0.0100 | pay 0.0100% / 8h | 6h 43m | $297K | $1.0M | 50x |
| Short | MEXC ARB_USDT | 0.2223 | −0.0105 | pay 0.0105% / 8h | 6h 43m | $37.2M | $59.0M | 200x |
HTX ARB-USDT
MEXC ARB_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$43.05
- Price spread: −0.081% → −0.016%
- −$6.48
- Slippage, 4 orders
- −$59.5
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$121.03
- Costs to cover
- 0.715%
- Break-even
- never at this rate
Slippage from HTX: live order book, 5 min ago; MEXC: live order book, 10 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, 5 min ago | 17.38 bp | 41.9 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 10 min ago | 0.23 bp | 0.9 bp −$1 | 16.8 bp −$168 | 37.9 bp −$3,793 | 67.1 bp −$33.6K |
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 | −0.1692% | 1h | 0.2204 | −0.944% | $40K | $372K | 12x | as long as short |
| ApeX Omni ARBUSDT | −0.0493% | 1h | 0.2218 | −0.315% | $120K | $295K | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0224% | 1h | 0.2218 | −0.310% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0184% | 8h | 0.2212 | −0.584% | $1.9M | $2.9M | — | as long as short |
| SoDEX ARB-USD | −0.0177% | 1h | 0.2225 | +0.013% | $10K | $2.5M | 5x | as long as short |
| MEXC ARB_USDTshort | −0.0105% | 8h | 0.2223 | −0.081% | $37.2M | $59.0M | 200x | |
| OKX ARB-USDT-SWAP | −0.0104% | 8h | 0.2224 | −0.063% | $22.4M | $157.9M | 50x | as long as short |
| Bybit ARBUSDT | −0.0067% | 8h | 0.2223 | −0.090% | $57.2M | $129.1M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0055% | 8h | 0.2225 | 0.000% | $13K | $384K | 10x | as long as short |
| Gate ARB_USDT | −0.0007% | 8h | 0.2223 | −0.103% | $5.4M | $19.7M | 60x | as long as short |
Injective ARB/USDC PERP
ApeX Omni ARBUSDT
01 Exchange ARBUSD
Variational Omni ARB
SoDEX ARB-USD
OKX ARB-USDT-SWAP
Bybit ARBUSDT
Orderly PERP_ARB_USDC
Gate ARB_USDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2217 | −0.375% | $66K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2226 | +0.054% | $25K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2225 | +0.021% | $32K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0005% | 8h | 0.2224 | −0.063% | $65.0M | $318.3M | 75x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2222 | −0.126% | $355K | $2.5M | 25x | as long as short |
| BloFin ARB-USDT | +0.0029% | 8h | 0.2212 | −0.607% | $3.1M | $2.9M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2227 | +0.069% | $141K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2224 | −0.027% | $1.3M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2227 | +0.076% | $38.3M | $50.5M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2225 | −0.009% | $663K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2217 | −0.379% | $42K | $189K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2225 | −0.013% | $19.7M | $15.9M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2225 | 0.000% | $21.2M | $36.3M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2223 | −0.103% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2216 | −0.426% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2213 | −0.544% | $474K | $3.6M | 10x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2220 | −0.207% | $81K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2216 | −0.404% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDTlong | +0.0100% | 8h | 0.2225 | long leg | $297K | $1.0M | 50x | |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2222 | −0.135% | $5.0M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0240% | 1h | 0.2221 | −0.180% | $508K | $2.2M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0281% / S −0.0165% | 1h | 0.2224 | −0.046% | $855K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2220 | −0.210% | $2K | $695 | 20x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0310% | 1h | 0.2227 | +0.068% | $1.1M | $4.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0466% | 1h | 0.2220 | −0.215% | $500K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0526% | 1h | 0.2230 | +0.207% | $1.0M | $2.9M | 20x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDC
edgeX ARBUSDC
GRVT ARB_USDT_Perp
Polymarket Perps ARB-USD
SunX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Kraken Futures PF_ARBUSD
RISEx ARB/USDC
Backpack ARB_USDC_PERP