Funding you earn now, next payment 00:00 UTC−0.0119%/8h= −13.0% APRnext payment −$1.19 per $10,000 · paid last 24h −0.050%
Price spread now: Orderly against HTX+0.013%7-day average +0.013% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.287%−$29 on $10k
+Price spread, last 3 days (all we have)+0.140%+$14 · spread now +0.013%, 7d avg +0.013%
=The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ARB-USDT | 0.2230 | 0.0100 | pay 0.0100% / 8h | 2h 14m | $274K | $1.2M | 50x |
| Short | Orderly PERP_ARB_USDC | 0.2230 | −0.0019 | pay 0.0019% / 8h | 2h 14m | $11K | $388K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$24.91
- Price spread: +0.013% → +0.013%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$42.91
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 5 min ago; Orderly: no order-book sample. Net counts fees only.
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 | 13.15 bp | 22.4 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 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 | −0.1675% | 1h | 0.2224 | −0.256% | $40K | $197K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0272% | 1h | 0.2230 | −0.009% | $7K | $2K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0198% | 1h | 0.2230 | +0.022% | $38K | $20K | 25x | as long as short |
| Variational Omni ARB | −0.0162% | 8h | 0.2234 | +0.173% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0152% | 8h | 0.2226 | −0.161% | $56.0M | $135.8M | 50x | as long as short |
| SoDEX ARB-USD | −0.0104% | 1h | 0.2229 | −0.022% | $4K | $2.9M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0103% | 8h | 0.2224 | −0.238% | $22.2M | $163.7M | 50x | as long as short |
| MEXC ARB_USDT | −0.0102% | 8h | 0.2229 | −0.045% | $37.0M | $63.8M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2231 | +0.066% | $1.1M | $5.3M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0045% | 1h | 0.2229 | −0.031% | $77K | $2.2M | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDCshort | −0.0019% | 8h | 0.2230 | +0.013% | $11K | $388K | 10x | |
| Extended ARB-USD | −0.0016% | 1h | 0.2225 | −0.219% | $355K | $2.4M | 25x | as long as short |
| Binance ARBUSDT | −0.0015% | 8h | 0.2227 | −0.136% | $63.4M | $324.5M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2230 | +0.009% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2231 | +0.051% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0007% | 8h | 0.2228 | −0.067% | $5.5M | $21.6M | 60x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2230 | +0.028% | $146K | $12K | 3x | as long as short |
| BingX ARB-USDT | +0.0088% | 8h | 0.2227 | −0.126% | — | $54.0M | — | as long as short |
| Bitget ARBUSDT | +0.0089% | 8h | 0.2225 | −0.211% | $20.9M | $38.3M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2231 | +0.067% | $1.3M | $7.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2229 | −0.018% | $39.8M | $52.9M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2231 | +0.042% | $692K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2231 | +0.048% | $47K | $199K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2230 | +0.013% | $20.5M | $17.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2240 | +0.441% | $40K | $457K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2241 | +0.507% | $483K | $4.1M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2238 | +0.372% | $121K | $297K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2230 | +0.013% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDTlong | +0.0100% | 8h | 0.2230 | long leg | $274K | $1.2M | 50x | |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2232 | +0.103% | $5.2M | $13.7M | 50x | as long as short |
| BloFin ARB-USDT | +0.0106% | 8h | 0.2232 | +0.085% | $3.0M | $3.3M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0154% / S −0.0018% | 1h | 0.2231 | +0.036% | $846K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2249 | +0.866% | $504K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2229 | −0.036% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2232 | +0.094% | $495K | $2.8M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0561% | 1h | 0.2231 | +0.081% | $1.1M | $2.7M | 20x | as long as short |
HTX ARB-USDT
Injective ARB/USDC PERP
01 Exchange ARBUSD
Deribit ARB_USDC-PERPETUAL
Variational Omni ARB
Bybit ARBUSDT
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Kraken Futures PF_ARBUSD
Polymarket Perps ARB-USD
Extended ARB-USD
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
BingX ARB-USDT
Bitget ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
Backpack ARB_USDC_PERP