After costs, if the gap returns to its 7d average, $10k−$73
spread now−0.038%7d average−0.029%fees + slippage, in and out−$72spread needed0.722%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ARB | 0.2284 | 0.0281 | pay 0.0035% / 1h | 24m 18s | $42.5M | $48.9M | 10x |
| Short | Kraken Futures PF_ARBUSD | 0.2283 | −0.0201 | pay 0.0025% / 1h | 24m 18s | $1.1M | $4.9M | 50x |
Price 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
- −$3.8
- Funding while held
- −$14.46
- Slippage, 4 orders
- −$53.2
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$90.46
- Spread needed to break even
- 0.722%
Slippage from Hyperliquid: live order book, 11 min ago; Kraken Futures: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0482%
- Per $10,000 a day
- −$14.46
- 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, 11 min ago | 0.43 bp | 5.3 bp −$5 | 8.9 bp −$89 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 20.50 bp | 29.1 bp −$29 | 37.7 bp −$377 | doesn't fit | doesn't fit |
ARB price on every exchange
against the cheapest. Click to use as the short leg.ARB on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin ARB-USDT | −0.696% | +0.0220% | 8h | $3.2M | $3.2M | 75x | as long as short |
| Backpack ARB_USDC_PERP | −0.534% | +0.0534% | 1h | $929K | $3.0M | 20x | as long as short |
| Injective ARB/USDC PERP | −0.346% | −0.1401% | 1h | $58K | $204K | 12x | as long as short |
| dYdX ARB-USD | −0.261% | 0.0000% | 1h | $69K | $4K | 10x | as long as short |
| Pacifica ARB | −0.257% | +0.0100% | 1h | $49K | $229K | 10x | as long as short |
| Reya ARBRUSDPERP | −0.241% | +0.0292% | 1h | $2K | $695 | 20x | as long as short |
| Aster ARBUSDT | −0.187% | +0.0100% | 8h | $712K | $2.2M | 20x | as long as short |
| MEXC ARB_USDT | −0.171% | +0.0010% | 8h | $38.3M | $62.8M | 200x | as long as short |
| Bybit ARBUSDT | −0.166% | −0.0114% | 8h | $57.7M | $131.5M | 50x | as long as short |
| BingX ARB-USDT | −0.153% | +0.0100% | 8h | — | $53.3M | — | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps ARB-USD | −0.140% | −0.0033% | 1h | $74K | $2.5M | 10x | as long as short |
| Binance ARBUSDT | −0.137% | +0.0100% | 8h | $65.4M | $323.1M | 75x | as long as short |
| Gate ARB_USDT | −0.136% | +0.0100% | 8h | $5.5M | $21.0M | 60x | as long as short |
| Bitget ARBUSDT | −0.127% | +0.0100% | 8h | $21.3M | $39.6M | 50x | as long as short |
| Extended ARB-USD | −0.116% | +0.0104% | 1h | $369K | $2.4M | 25x | as long as short |
| KuCoin ARBUSDTM | −0.114% | +0.0100% | 8h | $20.6M | $18.2M | 75x | as long as short |
| OKX ARB-USDT-SWAP | −0.105% | +0.0011% | 8h | $23.8M | $174.7M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.088% | −0.0088% | 1h | $7K | $2K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | −0.083% | L +0.0005% / S −0.0006% | 1h | $61K | — | 150x | as long as short |
| HTX ARB-USDT | −0.083% | +0.0100% | 8h | $278K | $1.2M | 50x | as long as short |
| SoDEX ARB-USD | −0.079% | +0.0014% | 1h | $5K | $2.9M | 5x | as long as short |
| GMX ARB/USD [ARB-USDC] | −0.077% | L +0.0274% / S −0.0217% | 1h | $698K | — | 150x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.053% | 0.0000% | 1h | $40K | $16K | 25x | as long as short |
| Orderly PERP_ARB_USDC | −0.039% | −0.0009% | 8h | $11K | $369K | 10x | as long as short |
| SunX ARB-USDT | −0.039% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| Kraken Futures PF_ARBUSDshort | −0.038% | −0.0201% | 1h | $1.1M | $4.9M | 50x | |
| Aevo ARB-PERP | −0.032% | +0.0104% | 1h | $152K | $9K | 3x | as long as short |
| RISEx ARB/USDC | −0.015% | +0.0449% | 1h | $429K | $3.2M | 10x | as long as short |
| Hyperliquid ARBlong | 0.000% | +0.0281% | 1h | $42.5M | $48.9M | 10x | |
| Phemex ARBUSDT | +0.004% | +0.0100% | 8h | $5.5M | $14.4M | 50x | as long as short |
| Lighter ARB | +0.013% | +0.0096% | 1h | $1.5M | $7.3M | 15x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.057% | +0.0464% | 1h | $532K | $2.5M | 50x | as long as short |
| Variational Omni ARB | +0.560% | +0.0100% | 8h | $1.9M | $3.3M | — | as long as short |
| edgeX ARBUSDC | +0.788% | +0.0100% | 4h | $39K | $465K | 20x | as long as short |
| ApeX Omni ARBUSDT | +0.836% | +0.0100% | 1h | $129K | $262K | 50x | as long as short |
Hyperliquid ARB
Kraken Futures PF_ARBUSD
BloFin
Backpack
Injective
Pacifica
Aster
MEXC
Bybit
BingX
Polymarket Perps
Binance
Gate
Bitget
Extended
KuCoin
OKX
gTrade (Gains Network)
HTX
SoDEX
GMX
Deribit
SunX
RISEx
Phemex
Lighter
Coinbase International
Variational Omni
ApeX Omni