Funding you earn now, next payment 22:00 UTC+0.1755%/8h= +192.1% APRnext payment +$2.19 per $10,000 · paid last 24h +0.517%
Price spread now: Aevo against Injective+1.035%59s7-day average +0.474% · you sell dearer than you buy
Net, funding: paid 7d − costs+$134as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2252.251% of the position
Funding, last 7 days+3.592%+$359 on $10k
+Price spread, last 3 days (all we have)−0.718%−$72 · spread now +1.035%, 7d avg +0.474%
=Both sides work for this trade now. Funding pays +$53 a day on $10k at the current rate, and Aevo is 0.561% dearer against Injective than usual: you sell high and buy low: +$56 more if the spread goes back to its 7-day average of +0.474%. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ARB/USDC PERP | 0.2214 | −0.1675 | get 0.0209% / 1h | 9m 49s | $40K | $197K | 12x |
| Short | Aevo ARB-PERP | 0.2237 | 0.0080 | get 0.0010% / 1h | 9m 49s | $146K | $12K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Injective. 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
- $368.5
- Price spread: +1.035% → +0.474%
- $56.08
- Slippage, 4 orders
- −$209.11
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- $199.45
- Costs to cover
- 2.251%
- Break-even
- 3.2 days
Slippage from Injective: live order book, 14 min ago; Aevo: live order book, 14 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 Injective live order book, 14 min ago | 51.28 bp | 51.3 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aevo live order book, 14 min ago | 33.44 bp | 63.9 bp −$64 | doesn't fit | 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 PERPlong | −0.1675% | 1h | 0.2214 | long leg | $40K | $197K | 12x | |
| 01 Exchange ARBUSD | −0.0272% | 1h | 0.2228 | +0.650% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0159% | 8h | 0.2225 | +0.510% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0145% | 8h | 0.2232 | +0.799% | $56.3M | $135.9M | 50x | as long as short |
| SoDEX ARB-USD | −0.0111% | 1h | 0.2234 | +0.921% | $4K | $2.9M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0105% | 8h | 0.2231 | +0.750% | $22.3M | $164.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0104% | 8h | 0.2233 | +0.845% | $37.1M | $63.9M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2236 | +1.015% | $1.1M | $5.3M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0051% | 1h | 0.2232 | +0.808% | $77K | $2.2M | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0021% | 8h | 0.2235 | +0.949% | $10K | $388K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | −0.0017% | 8h | 0.2232 | +0.833% | $63.5M | $324.6M | 75x | as long as short |
| Extended ARB-USD | −0.0016% | 1h | 0.2232 | +0.818% | $355K | $2.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2229 | +0.670% | $66K | $4K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2237 | +1.039% | $38K | $20K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2236 | +0.991% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0006% | 8h | 0.2234 | +0.885% | $5.5M | $21.6M | 60x | as long as short |
| Aevo ARB-PERPshort | +0.0080% | 1h | 0.2237 | +1.035% | $146K | $12K | 3x | |
| Bitget ARBUSDT | +0.0089% | 8h | 0.2233 | +0.858% | $20.9M | $38.2M | 50x | as long as short |
| BingX ARB-USDC | +0.0089% | 8h | 0.2233 | +0.840% | — | $6.5M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2235 | +0.967% | $1.3M | $7.8M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2234 | +0.921% | $39.8M | $52.5M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2235 | +0.937% | $693K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2228 | +0.651% | $47K | $199K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2236 | +0.998% | $20.6M | $16.9M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2230 | +0.719% | $39K | $458K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2227 | +0.599% | $480K | $4.1M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2231 | +0.768% | $121K | $297K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2227 | +0.587% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2235 | +0.967% | $275K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2235 | +0.949% | $5.2M | $13.7M | 50x | as long as short |
| BloFin ARB-USDT | +0.0102% | 8h | 0.2227 | +0.583% | $3.0M | $3.3M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0154% / S −0.0018% | 1h | 0.2236 | +1.008% | $848K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2249 | +1.581% | $504K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2234 | +0.896% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2231 | +0.763% | $495K | $2.8M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0557% | 1h | 0.2239 | +1.116% | $1.1M | $2.7M | 20x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Kraken Futures PF_ARBUSD
Polymarket Perps ARB-USD
Binance ARBUSDT
Extended ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Bitget ARBUSDT
BingX ARB-USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
Backpack ARB_USDC_PERP