Funding you earn now, next payment 08:00 UTC+0.1605%/8h= +175.8% APRnext payment +$2.01 per $10,000 · paid last 24h +0.457%
Price spread now: SoDEX against Injective+0.456%7-day average +0.414% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1161.163% of the position
Funding, last 3 days (all we have)+1.749%+$175 on $10k
+Price spread, last 4 days (all we have)+0.063%+$6 · spread now +0.456%, 7d avg +0.414%
=Both sides work for this trade now. Funding pays +$48 a day on $10k at the current rate, and SoDEX is 0.042% dearer against Injective than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.414%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ARB/USDC PERP | 0.2172 | −0.1612 | get 0.0202% / 1h | 16m 46s | $39K | $372K | 12x |
| Short | SoDEX ARB-USD | 0.2182 | −0.0007 | pay 0.0001% / 1h | 16m 46s | $9K | $2.2M | 5x |
Injective ARB/USDC PERP
SoDEX ARB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $337.14
- Price spread: +0.456% → +0.414%
- $4.17
- Slippage, 4 orders
- −$108.32
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $224.98
- Costs to cover
- 1.163%
- Break-even
- 2.3 days
Slippage from Injective: live order book, 22 min ago; SoDEX: live order book, 2 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, 22 min ago | 52.62 bp | 52.6 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 2 min ago | 0.23 bp | 5.6 bp −$6 | 12.8 bp −$128 | 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 | −0.1612% | 1h | 0.2172 | long leg | $39K | $372K | 12x | |
| 01 Exchange ARBUSD | −0.0200% | 1h | 0.2182 | +0.456% | $7K | $236 | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0080% | 8h | 0.2181 | +0.419% | $21.9M | $144.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0079% | 8h | 0.2182 | +0.437% | $41.7M | $62.7M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0045% | 8h | 0.2181 | +0.414% | $13K | $404K | 10x | as long as short |
| SoDEX ARB-USDshort | −0.0007% | 1h | 0.2182 | +0.456% | $9K | $2.2M | 5x | |
| Polymarket Perps ARB-USD | −0.0004% | 1h | 0.2182 | +0.451% | $76K | $2.1M | 10x | as long as short |
| Binance ARBUSDT | −0.0003% | 8h | 0.2181 | +0.435% | $62.5M | $300.1M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2183 | +0.514% | $65K | $5K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2182 | +0.439% | $347K | $3.1M | 25x | as long as short |
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDC
Polymarket Perps ARB-USD
Binance ARBUSDT
dYdX ARB-USD
Extended ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2182 | +0.483% | $28K | $38K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0007% | 1h | 0.2183 | +0.528% | $69K | — | 150x | as long as short |
| Variational Omni ARB | +0.0011% | 8h | 0.2172 | −0.015% | $1.8M | $3.0M | — | as long as short |
| Bybit ARBUSDT | +0.0019% | 8h | 0.2181 | +0.428% | $53.2M | $126.0M | 50x | as long as short |
| Gate ARB_USDT | +0.0019% | 8h | 0.2182 | +0.483% | $5.4M | $18.5M | 60x | as long as short |
| RISEx ARB/USDC | +0.0069% | 1h | 0.2183 | +0.520% | $500K | $2.7M | 10x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2183 | +0.502% | $138K | $7K | 3x | as long as short |
| BingX ARB-USDT | +0.0085% | 8h | 0.2182 | +0.479% | — | $33.0M | — | as long as short |
| Bitget ARBUSDT | +0.0086% | 8h | 0.2182 | +0.460% | $21.1M | $34.6M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0093% | 1h | 0.2183 | +0.518% | $1.1M | $4.3M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2182 | +0.451% | $1.3M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2183 | +0.520% | $36.8M | $49.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2183 | +0.508% | $625K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2183 | +0.496% | $43K | $147K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2182 | +0.474% | $19.4M | $13.9M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2175 | +0.119% | $38K | $465K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2176 | +0.165% | $467K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2174 | +0.092% | $117K | $279K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2184 | +0.552% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2182 | +0.479% | $292K | $840K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2181 | +0.414% | $4.8M | $12.7M | 50x | as long as short |
| BloFin ARB-USDT | +0.0116% | 8h | 0.2182 | +0.456% | $3.0M | $2.3M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2183 | +0.497% | $824K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2181 | +0.416% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2188 | +0.737% | $513K | $1.5M | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0485% | 1h | 0.2185 | +0.608% | $981K | $2.9M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Variational Omni ARB
Bybit ARBUSDT
Gate ARB_USDT
RISEx ARB/USDC
Aevo ARB-PERP
BingX ARB-USDT
Bitget ARBUSDT
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
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP