Funding you earn now, next payment 23:00 UTC+0.1881%/8h= +205.9% APRpaid last 24h +0.530%
Price spread now: BloFin against Injective+0.471%7-day average +0.433% · you sell dearer than you buy
Net, funding: paid 7d − costs+$243as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1221.220% of the position
Funding, last 7 days+3.649%+$365 on $10k
+Price spread, last 3 days (all we have)−0.317%−$32 · spread now +0.471%, 7d avg +0.433%
=Both sides work for this trade now. Funding pays +$56 a day on $10k at the current rate, and BloFin is 0.037% dearer against Injective than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.433%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ARB/USDC PERP | 0.2231 | −0.1770 | get 0.0221% / 1h | 13m 38s | $40K | $372K | 12x |
| Short | BloFin ARB-USDT | 0.2241 | 0.0111 | get 0.0111% / 8h | 1h 13m | $3.0M | $3.3M | 75x |
Injective ARB/USDC PERP
BloFin ARB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $394.91
- Price spread: +0.471% → +0.433%
- $3.74
- Slippage, 4 orders
- −$109.97
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $276.66
- Costs to cover
- 1.220%
- Break-even
- 2.1 days
Slippage from Injective: live order book, 5 min ago; BloFin: live order book, 5 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, 5 min ago | 51.37 bp | 51.4 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.89 bp | 8.6 bp −$9 | 24.3 bp −$243 | 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 | −0.1770% | 1h | 0.2231 | long leg | $40K | $372K | 12x | |
| Deribit ARB_USDC-PERPETUAL | −0.0241% | 1h | 0.2239 | +0.368% | $26K | $32K | 25x | as long as short |
| 01 Exchange ARBUSD | −0.0240% | 1h | 0.2240 | +0.390% | $7K | $2K | 10x | as long as short |
| SoDEX ARB-USD | −0.0204% | 1h | 0.2239 | +0.363% | $4K | $2.7M | 5x | as long as short |
| Variational Omni ARB | −0.0168% | 8h | 0.2236 | +0.241% | $1.9M | $2.7M | — | as long as short |
| Bybit ARBUSDT | −0.0153% | 8h | 0.2240 | +0.412% | $57.9M | $132.9M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0134% | 1h | 0.2239 | +0.368% | $73K | $2.0M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0100% | 8h | 0.2240 | +0.417% | $22.5M | $160.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0099% | 8h | 0.2242 | +0.475% | $37.3M | $62.7M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0038% | 8h | 0.2239 | +0.359% | $10K | $395K | 10x | as long as short |
Deribit ARB_USDC-PERPETUAL
01 Exchange ARBUSD
SoDEX ARB-USD
Variational Omni ARB
Bybit ARBUSDT
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | −0.0008% | 8h | 0.2241 | +0.457% | $64.1M | $316.2M | 75x | as long as short |
| Extended ARB-USD | −0.0008% | 1h | 0.2239 | +0.364% | $356K | $2.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2243 | +0.556% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2241 | +0.429% | $56K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0036% | 8h | 0.2240 | +0.426% | $5.5M | $20.7M | 60x | as long as short |
| Bitget ARBUSDT | +0.0066% | 8h | 0.2241 | +0.448% | $21.1M | $37.1M | 50x | as long as short |
| BingX ARB-USDT | +0.0068% | 8h | 0.2240 | +0.417% | — | $53.1M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2240 | +0.389% | $146K | $12K | 3x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2242 | +0.499% | $1.1M | $5.1M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2242 | +0.502% | $1.3M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2244 | +0.565% | $40.1M | $50.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2241 | +0.449% | $696K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2243 | +0.546% | $44K | $193K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2242 | +0.511% | $20.7M | $16.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2238 | +0.330% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2239 | +0.380% | $486K | $3.8M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2240 | +0.403% | $121K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2241 | +0.448% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2239 | +0.359% | $276K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2240 | +0.403% | $5.2M | $13.4M | 50x | as long as short |
| BloFin ARB-USDTshort | +0.0111% | 8h | 0.2241 | +0.471% | $3.0M | $3.3M | 75x | |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2246 | +0.672% | $507K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0156% | 1h | 0.2240 | +0.406% | $840K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2238 | +0.317% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2242 | +0.490% | $496K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0618% | 1h | 0.2243 | +0.529% | $1.1M | $2.7M | 20x | as long as short |
Binance ARBUSDT
Extended ARB-USD
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
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
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP