After costs, if the gap returns to its 7d average, $10k−$21
spread now−0.143%7d average−0.100%fees + slippage, in and out−$17spread needed0.167%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ARB | 0.2302 | 0.0277 | pay 0.0035% / 1h | 12m 45s | $42.1M | $50.0M | 10x |
| Short | MEXC ARB_USDT | 0.2299 | 0.0030 | get 0.0030% / 8h | 12m 45s | $33.6M | $61.3M | 200x |
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
- −$14.33
- Funding while held
- −$7.42
- Slippage, 4 orders
- −$7.74
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$38.5
- Spread needed to break even
- 0.167%
Slippage from Hyperliquid: live order book, 12 min ago; MEXC: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0247%
- Per $10,000 a day
- −$7.42
- 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, 12 min ago | 0.65 bp | 5.6 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.44 bp | 3.0 bp −$3 | 30.6 bp −$306 | 48.3 bp −$4,827 | 80.6 bp −$40.3K |
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 | |
|---|---|---|---|---|---|---|---|
| Variational Omni ARB | −0.818% | +0.0100% | 8h | $1.9M | $3.3M | — | as long as short |
| Injective ARB/USDC PERP | −0.665% | −0.1425% | 1h | $59K | $248K | 12x | as long as short |
| edgeX ARBUSDC | −0.568% | +0.0100% | 4h | $39K | $466K | 20x | as long as short |
| ApeX Omni ARBUSDT | −0.534% | +0.0073% | 1h | $129K | $262K | 50x | as long as short |
| Reya ARBRUSDPERP | −0.309% | +0.0292% | 1h | $2K | $695 | 20x | as long as short |
| HTX ARB-USDT | −0.295% | +0.0100% | 8h | $282K | $1.2M | 50x | as long as short |
| BingX ARB-USDC | −0.235% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | −0.230% | +0.0100% | 8h | $21.4M | $39.5M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.230% | −0.0023% | 8h | $11K | $335K | 10x | as long as short |
| SoDEX ARB-USD | −0.217% | −0.0049% | 1h | $4K | $2.9M | 5x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin ARB-USDT | −0.213% | +0.0220% | 8h | $3.2M | $3.2M | 75x | as long as short |
| Extended ARB-USD | −0.203% | +0.0104% | 1h | $371K | $2.4M | 25x | as long as short |
| Bybit ARBUSDT | −0.200% | +0.0100% | 8h | $58.4M | $131.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | −0.200% | L +0.0263% / S −0.0177% | 1h | $731K | — | 150x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.195% | 0.0000% | 1h | $39K | $15K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | −0.190% | L +0.0005% / S −0.0005% | 1h | $54K | — | 150x | as long as short |
| OKX ARB-USDT-SWAP | −0.187% | +0.0032% | 8h | $23.8M | $180.0M | 50x | as long as short |
| Phemex ARBUSDT | −0.187% | +0.0100% | 8h | $5.7M | $14.7M | 50x | as long as short |
| Lighter ARB | −0.169% | +0.0096% | 1h | $1.6M | $7.3M | 15x | as long as short |
| Aevo ARB-PERP | −0.165% | +0.0104% | 1h | $153K | $9K | 3x | as long as short |
| Kraken Futures PF_ARBUSD | −0.152% | +0.0440% | 1h | $1.1M | $4.9M | 50x | as long as short |
| MEXC ARB_USDTshort | −0.143% | +0.0030% | 8h | $33.6M | $61.3M | 200x | |
| Coinbase International ARB-PERP-INTX | −0.143% | +0.0520% | 1h | $529K | $2.5M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.126% | +0.0100% | 1h | $61K | $2.5M | 10x | as long as short |
| Binance ARBUSDT | −0.124% | +0.0100% | 8h | $65.4M | $327.4M | 75x | as long as short |
| Gate ARB_USDT | −0.109% | +0.0100% | 8h | $5.5M | $21.4M | 60x | as long as short |
| 01 Exchange ARBUSD | −0.100% | −0.0040% | 1h | $7K | $3K | 10x | as long as short |
| SunX ARB-USDT | −0.100% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| Aster ARBUSDT | −0.094% | +0.0100% | 8h | $701K | $2.2M | 20x | as long as short |
| KuCoin ARBUSDTM | −0.083% | +0.0100% | 8h | $20.3M | $18.6M | 75x | as long as short |
| dYdX ARB-USD | −0.082% | 0.0000% | 1h | $69K | $4K | 10x | as long as short |
| Pacifica ARB | −0.067% | +0.0100% | 1h | $48K | $230K | 10x | as long as short |
| Backpack ARB_USDC_PERP | −0.022% | +0.0626% | 1h | $991K | $3.0M | 20x | as long as short |
| RISEx ARB/USDC | −0.013% | +0.0037% | 1h | $422K | $3.4M | 10x | as long as short |
| Hyperliquid ARBlong | 0.000% | +0.0277% | 1h | $42.1M | $50.0M | 10x |
Hyperliquid ARB
MEXC ARB_USDT
Variational Omni
Injective
ApeX Omni
HTX
BingX
Bitget
SoDEX
BloFin
Extended
Bybit
GMX
Deribit
gTrade (Gains Network)
OKX
Phemex
Lighter
Kraken Futures
Coinbase International
Polymarket Perps
Binance
Gate
SunX
Aster
KuCoin
Pacifica
Backpack
RISEx