After costs, if the gap returns to its 7d average, $10k−$50
spread now−0.207%7d average−0.115%fees + slippage, in and out−$40spread needed0.404%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ARB | 0.2270 | 0.0147 | pay 0.0018% / 1h | 41m 44s | $42.2M | $49.0M | 10x |
| Short | Bybit ARBUSDT | 0.2265 | −0.0150 | pay 0.0150% / 8h | 6h 41m | $56.7M | $130.6M | 50x |
Hyperliquid ARB
Bybit ARBUSDTPrice 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
- −$20.71
- Funding while held
- −$8.89
- Slippage, 4 orders
- −$20.38
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$69.97
- Spread needed to break even
- 0.404%
Slippage from Hyperliquid: live order book, 3 min ago; Bybit: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0296%
- Per $10,000 a day
- −$8.89
- 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 Hyperliquid live order book, 3 min ago | 0.88 bp | 10.0 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.22 bp | 9.8 bp −$10 | 18.4 bp −$184 | 47.5 bp −$4,755 | doesn't fit |
ARB price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2262cheapest
InjectiveBybit0.2265+0.128%
OKX0.2265+0.133%Binance0.2265+0.138%MEXC0.2265+0.146%BingX0.2266+0.159%Extended0.2266+0.163%Gate0.2266+0.164%Bitget0.2266+0.177%BloFin0.2267+0.208%Aster0.2267+0.218%Lighter0.2267+0.239%SoDEX0.2268+0.248%KuCoin0.2268+0.252%01 Exchange0.2268+0.261%HTX0.2268+0.270%Kraken Futures0.2268+0.287%Polymarket Perps0.2269+0.309%Orderly0.2269+0.309%Deribit0.2269+0.318%Reya0.2269+0.321%
OKX
Binance
MEXC
BingX
Extended
Gate
Bitget
BloFin
Aster
Lighter
SoDEX
KuCoin
HTX
Kraken Futures
Polymarket Perps
Orderly
Deribit
ReyaHyperliquid0.2270+0.336%
Aevo0.2270+0.343%Pacifica0.2270+0.349%Phemex0.2270+0.354%gTrade (Gains Network)0.2271+0.377%RISEx0.2271+0.381%GMX0.2271+0.382%dYdX0.2271+0.389%SunX0.2271+0.398%Backpack0.2271+0.411%edgeX0.2273+0.493%Variational Omni0.2274+0.527%ApeX Omni0.2275+0.575%Coinbase International0.2278+0.707%
Aevo
Pacifica
Phemex
gTrade (Gains Network)
RISEx
GMX
dYdX
SunX
Backpack
Variational Omni
ApeX Omni
Coinbase InternationalARB on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.335% | −0.1630% | 1h | $58K | $138K | 12x | as long as short |
| Bybit ARBUSDTshort | −0.207% | −0.0150% | 8h | $56.7M | $130.6M | 50x | |
| OKX ARB-USDT-SWAP | −0.203% | −0.0004% | 8h | $23.5M | $168.7M | 50x | as long as short |
| Binance ARBUSDT | −0.197% | +0.0100% | 8h | $63.9M | $317.7M | 75x | as long as short |
| MEXC ARB_USDT | −0.189% | −0.0003% | 8h | $40.6M | $62.3M | 200x | as long as short |
| BingX ARB-USDT | −0.176% | +0.0100% | 8h | — | $53.4M | — | as long as short |
| Extended ARB-USD | −0.172% | +0.0104% | 1h | $367K | $2.4M | 25x | as long as short |
| Gate ARB_USDT | −0.172% | +0.0072% | 8h | $5.4M | $21.0M | 60x | as long as short |
| Bitget ARBUSDT | −0.159% | +0.0100% | 8h | $21.1M | $39.1M | 50x | as long as short |
| BloFin ARB-USDT | −0.128% | +0.0220% | 8h | $3.1M | $3.2M | 75x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster ARBUSDT | −0.117% | +0.0100% | 8h | $717K | $1.9M | 20x | as long as short |
| Lighter ARB | −0.097% | +0.0096% | 1h | $1.4M | $7.5M | 15x | as long as short |
| SoDEX ARB-USD | −0.088% | −0.0025% | 1h | $5K | $2.8M | 5x | as long as short |
| KuCoin ARBUSDTM | −0.084% | +0.0100% | 8h | $20.8M | $17.9M | 75x | as long as short |
| 01 Exchange ARBUSD | −0.075% | −0.0224% | 1h | $7K | $2K | 10x | as long as short |
| HTX ARB-USDT | −0.066% | +0.0100% | 8h | $276K | $1.1M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.049% | −0.0242% | 1h | $1.1M | $4.9M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.026% | −0.0201% | 1h | $68K | $2.4M | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.026% | +0.0010% | 8h | $11K | $376K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.018% | 0.0000% | 1h | $40K | $16K | 25x | as long as short |
| Reya ARBRUSDPERP | −0.015% | +0.0292% | 1h | $2K | $695 | 20x | as long as short |
| Hyperliquid ARBlong | 0.000% | +0.0147% | 1h | $42.2M | $49.0M | 10x | |
| Aevo ARB-PERP | +0.007% | +0.0104% | 1h | $151K | $9K | 3x | as long as short |
| Pacifica ARB | +0.013% | +0.0100% | 1h | $48K | $215K | 10x | as long as short |
| Phemex ARBUSDT | +0.018% | +0.0100% | 8h | $5.5M | $14.4M | 50x | as long as short |
| gTrade (Gains Network) ARB/USD | +0.041% | L +0.0005% / S −0.0005% | 1h | $59K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.045% | +0.0519% | 1h | $411K | $3.0M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | +0.046% | L +0.0291% / S −0.0252% | 1h | $708K | — | 150x | as long as short |
| dYdX ARB-USD | +0.053% | 0.0000% | 1h | $68K | $3K | 10x | as long as short |
| SunX ARB-USDT | +0.062% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| Backpack ARB_USDC_PERP | +0.075% | +0.0443% | 1h | $933K | $2.9M | 20x | as long as short |
| edgeX ARBUSDC | +0.156% | +0.0100% | 4h | $39K | $469K | 20x | as long as short |
| Variational Omni ARB | +0.191% | +0.0076% | 8h | $1.9M | $3.3M | — | as long as short |
| ApeX Omni ARBUSDT | +0.238% | +0.0100% | 1h | $128K | $261K | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.370% | +0.0432% | 1h | $528K | $2.5M | 50x | as long as short |