ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.1692%/8h= +185.3% APRnext payment +$2.11 per $10,000 · paid last 24h +0.495%

Price spread now: Extended against Injective−0.048%60s7-day average +0.318% · you buy dearer than you sell

Net, funding: paid 7d − costs+$209as 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−$1381.378% of the position

Long on Injective Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+3.470%+$347 on $10k

Price spread, last 3 days (all we have)−0.010%−$1 · spread now −0.048%, 7d avg +0.318%

Together, before fees+3.460%+ Points / potential airdropExtended: Active · farm board+$346 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.367% cheaper against Injective than usual: you would sell low and buy high (spread −0.048% now, against its 7-day average of +0.318%). If the spread goes back, that is −$37 on $10k: about 17 hours of funding at the current rate (+$51 a day). The two prices were read 60 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	0.2215	−0.1692	get 0.0211% / 1h	20m 12s	$40K	$372K	12x
Short	Extended ARB-USD	0.2214	0	get 0.0000% / 1h	20m 12s	$355K	$2.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee ExtendedbpOrdersPrice spread, now −0.048%Rate

Funding earned: $355.28
Price spread: −0.048% → +0.318%: −$36.65
Slippage, 4 orders: −$132.75
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $180.86
Costs to cover: 1.378%
Break-even: 3.4 days

Slippage from Injective: live order book, 49 min ago; Extended: live order book, 3 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, 49 min ago	50.63 bp	50.6 bp −$51	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 3 min ago	15.75 bp	18.2 bp −$18	78.1 bp −$781	doesn't fit	doesn't fit

ARB on 35 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	−0.1692%	1h	0.2215	long leg	$40K	$372K	12x
01 Exchange ARBUSD	−0.0232%	1h	0.2216	+0.032%	$7K	$2K	10x	as long as short
SoDEX ARB-USD	−0.0231%	1h	0.2215	−0.014%	$10K	$2.5M	5x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0201%	1h	0.2215	+0.014%	$24K	$34K	25x	as long as short
Variational Omni ARB	−0.0167%	8h	0.2218	+0.124%	$1.9M	$2.9M	—	as long as short
OKX ARB-USDT-SWAP	−0.0124%	8h	0.2214	−0.027%	$22.4M	$156.5M	50x	as long as short
MEXC ARB_USDT	−0.0123%	8h	0.2215	−0.005%	$39.3M	$60.2M	200x	as long as short
Orderly PERP_ARB_USDC	−0.0061%	8h	0.2216	+0.045%	$12K	$383K	10x	as long as short
Gate ARB_USDT	−0.0061%	8h	0.2215	+0.009%	$5.4M	$19.9M	60x	as long as short
Bybit ARBUSDT	−0.0043%	8h	0.2215	−0.018%	$56.7M	$128.6M	50x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ARBUSDT	−0.0002%	8h	0.2215	−0.005%	$64.6M	$317.5M	75x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2216	+0.061%	$66K	$5K	10x	as long as short
Extended ARB-USDshort	0.0000%	1h	0.2214	−0.048%	$355K	$2.5M	25x
ApeX Omni ARBUSDT	+0.0001%	1h	0.2225	+0.451%	$120K	$286K	50x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0011%	1h	0.2217	+0.069%	$10K	—	150x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2216	+0.045%	$141K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2215	+0.009%	$1.2M	$7.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2216	+0.063%	$38.7M	$51.8M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2217	+0.084%	$660K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2218	+0.113%	$42K	$186K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2215	0.000%	$19.6M	$15.8M	75x	as long as short
Bitget ARBUSDT	+0.0100%	8h	0.2215	0.000%	$21.2M	$36.4M	50x	as long as short
BingX ARB-USDT	+0.0100%	8h	0.2216	+0.032%	—	$54.6M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2222	+0.318%	$40K	$462K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2224	+0.390%	$474K	$3.7M	10x	as long as short
Polymarket Perps ARB-USD	+0.0100%	1h	0.2216	+0.063%	$74K	$2.1M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2216	+0.045%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2215	+0.005%	$297K	$996K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2214	−0.045%	$5.0M	$13.0M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0240%	1h	0.2217	+0.099%	$507K	$2.1M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2217	+0.080%	$827K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2215	+0.010%	$2K	$695	20x	as long as short
Kraken Futures PF_ARBUSD	+0.0312%	1h	0.2217	+0.094%	$1.1M	$4.7M	50x	as long as short
RISEx ARB/USDC	+0.0466%	1h	0.2217	+0.070%	$477K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0533%	1h	0.2219	+0.181%	$1.0M	$2.9M	20x	as long as short