Funding you earn now, next payment 08:00 UTC−0.0108%/8h= −11.9% APRpaid last 24h −0.047%
Price spread now: SoDEX against HTX−0.115%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1101.102% of the position
Funding, last 3 days (all we have)−0.101%−$10 on $10k
+Price spread, last 4 days (all we have)+0.185%+$18 · spread now −0.115%, 7d avg −0.003%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SoDEX is 0.111% cheaper against HTX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.003%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ARB-USDT | 0.2182 | 0.0100 | pay 0.0100% / 8h | 15m 12s | $292K | $839K | 50x |
| Short | SoDEX ARB-USD | 0.2179 | −0.0008 | pay 0.0001% / 1h | 15m 12s | $9K | $2.2M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$22.77
- Price spread: −0.115% → −0.003%
- −$11.12
- Slippage, 4 orders
- −$90.2
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$144.09
- Costs to cover
- 1.102%
- Break-even
- never at this rate
Slippage from HTX: live order book, 43 min ago; SoDEX: live order book, 4 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, 43 min ago | 21.47 bp | 59.3 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 4 min ago | 0.23 bp | 5.6 bp −$6 | 12.8 bp −$128 | doesn't fit | 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 | −0.1612% | 1h | 0.2172 | −0.454% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0192% | 1h | 0.2180 | −0.064% | $7K | $236 | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0079% | 8h | 0.2180 | −0.082% | $21.8M | $144.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0079% | 8h | 0.2180 | −0.110% | $41.7M | $62.7M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0044% | 8h | 0.2178 | −0.179% | $13K | $403K | 10x | as long as short |
| SoDEX ARB-USDshort | −0.0008% | 1h | 0.2179 | −0.115% | $9K | $2.2M | 5x | |
| Binance ARBUSDT | −0.0003% | 8h | 0.2181 | −0.055% | $62.5M | $299.8M | 75x | as long as short |
| Polymarket Perps ARB-USD | −0.0001% | 1h | 0.2179 | −0.137% | $76K | $2.1M | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2181 | −0.061% | $65K | $4K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2178 | −0.166% | $347K | $3.1M | 25x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2180 | −0.078% | $28K | $38K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0007% | 1h | 0.2180 | −0.068% | $69K | — | 150x | as long as short |
| Variational Omni ARB | +0.0016% | 8h | 0.2180 | −0.077% | $1.8M | $3.0M | — | as long as short |
| Gate ARB_USDT | +0.0018% | 8h | 0.2179 | −0.151% | $5.4M | $18.5M | 60x | as long as short |
| Bybit ARBUSDT | +0.0020% | 8h | 0.2180 | −0.064% | $53.2M | $126.0M | 50x | as long as short |
| RISEx ARB/USDC | +0.0069% | 1h | 0.2180 | −0.071% | $499K | $2.7M | 10x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2181 | −0.055% | $138K | $7K | 3x | as long as short |
| BingX ARB-USDC | +0.0085% | 8h | 0.2180 | −0.110% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0087% | 8h | 0.2179 | −0.133% | $21.1M | $34.6M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0093% | 1h | 0.2181 | −0.054% | $1.1M | $4.3M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2179 | −0.137% | $1.3M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2181 | −0.055% | $36.8M | $49.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2181 | −0.035% | $625K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2181 | −0.039% | $43K | $147K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2181 | −0.032% | $19.4M | $13.9M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2182 | −0.009% | $39K | $466K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2176 | −0.289% | $467K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2174 | −0.362% | $117K | $279K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2182 | +0.005% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDTlong | +0.0100% | 8h | 0.2182 | long leg | $292K | $839K | 50x | |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2181 | −0.041% | $4.8M | $12.7M | 50x | as long as short |
| BloFin ARB-USDT | +0.0117% | 8h | 0.2180 | −0.101% | $3.0M | $2.3M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2180 | −0.094% | $823K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2178 | −0.180% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2188 | +0.280% | $513K | $1.5M | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0479% | 1h | 0.2182 | +0.023% | $980K | $2.9M | 20x | as long as short |
HTX ARB-USDT
SoDEX ARB-USD
Injective ARB/USDC PERP
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Binance ARBUSDT
Polymarket Perps ARB-USD
Extended ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Variational Omni ARB
Gate ARB_USDT
Bybit ARBUSDT
RISEx ARB/USDC
BingX ARB-USDC
Bitget ARBUSDT
Kraken Futures PF_ARBUSD
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
Backpack ARB_USDC_PERP