Settings8H · net · $10k
Funding arb · Price arb /

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.1689%/8h= +184.9% APRpaid last 24h +0.511%
Price spread now: SunX against Injective+0.597%7-day average +0.515% · you sell dearer than you buy
Net, funding: paid 7d − costs+$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$258as in the Price arb table
costs, in and out, $10k−$2662.659% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+3.599%+$360 on $10k
Price spread, last 4 days (all we have)−0.238%−$24 · spread now +0.597%, 7d avg +0.515%
Together, before fees+3.361%+$336 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$51 a day on $10k at the current rate, and SunX is 0.082% dearer against Injective than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.515%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ARB/USDC PERP0.2178−0.1589get 0.0199% / 1h26m 44s$39K$372K12x
ShortSunX ARB-USDT0.21910.0100get 0.0100% / 8h3h 26m$2K$1.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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

Funding earned
$354.64
Price spread: +0.597% → +0.515%
$8.16
Slippage, 4 orders
−$257.92
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee SunX: 4 bp × 2 orders
−$8
Net
$96.86
Costs to cover
2.659%
Break-even
5.1 days
Slippage from Injective: live order book, 27 min ago; SunX: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective live order book, 27 min ago52.31 bp52.3 bp −$52doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 6 min ago31.89 bp96.9 bp −$97doesn't fitdoesn't fitdoesn't fit

ARB on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERPlong−0.1589%1h0.2178long leg$39K$372K12x
Polymarket Perps ARB-USD−0.0172%1h0.2187+0.413%$69K$2.1M10xas long as short
OKX ARB-USDT-SWAP−0.0103%8h0.2186+0.372%$22.1M$142.0M50xas long as short
MEXC ARB_USDT−0.0103%8h0.2187+0.409%$41.6M$60.6M200xas long as short
Variational Omni ARB−0.0098%8h0.2197+0.885%$1.8M$2.9Mas long as short
Orderly PERP_ARB_USDC−0.0068%8h0.2189+0.505%$13K$408K10xas long as short
Bybit ARBUSDT−0.0061%8h0.2185+0.335%$55.3M$123.4M50xas long as short
Kraken Futures PF_ARBUSD−0.0050%1h0.2187+0.436%$1.1M$4.4M50xas long as short
Gate ARB_USDT−0.0012%8h0.2187+0.409%$5.3M$18.1M60xas long as short
dYdX ARB-USD0.0000%1h0.2188+0.441%$65K$5K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ARBUSD0.0000%1h0.2187+0.432%$7K$2K10xas long as short
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2188+0.459%$24K$34K25xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0006%1h0.2188+0.477%$32K150xas long as short
Binance ARBUSDT+0.0042%8h0.2187+0.425%$63.7M$299.2M75xas long as short
Extended ARB-USD+0.0048%1h0.2186+0.354%$349K$2.5M25xas long as short
Bitget ARBUSDT+0.0053%8h0.2186+0.367%$20.8M$33.8M50xas long as short
BingX ARB-USDC+0.0056%8h0.2188+0.464%$6.5Mas long as short
Lighter ARB+0.0096%1h0.2187+0.427%$1.3M$5.5M15xas long as short
Aevo ARB-PERP+0.0096%1h0.2189+0.487%$139K$7K3xas long as short
Hyperliquid ARB+0.0100%1h0.2189+0.491%$37.3M$48.4M10xas long as short
Aster ARBUSDT+0.0100%8h0.2190+0.551%$630K$1.5M20xas long as short
Pacifica ARB+0.0100%1h0.2187+0.421%$42K$159K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2188+0.441%$19.5M$14.6M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2194+0.747%$39K$461K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2194+0.735%$472K$3.5M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2198+0.918%$119K$283K50xas long as short
SunX ARB-USDTshort+0.0100%8h0.2191+0.597%$2K$1.1M30x
SoDEX ARB-USD+0.0100%1h0.2188+0.450%$10K$2.2M5xas long as short
HTX ARB-USDT+0.0100%8h0.2188+0.464%$297K$884K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2189+0.505%$4.9M$12.8M50xas long as short
RISEx ARB/USDC+0.0118%1h0.2188+0.458%$469K$2.6M10xas long as short
BloFin ARB-USDT+0.0165%8h0.2188+0.450%$3.1M$2.5M75xas long as short
Coinbase International ARB-PERP-INTX+0.0256%1h0.2193+0.670%$494K$1.6M50xas long as short
GMX ARB/USD [ARB-USDC]L +0.0276% / S −0.0158%1h0.2189+0.489%$826K150xas long as short
Reya ARBRUSDPERP+0.0289%1h0.2187+0.407%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0545%1h0.2190+0.565%$984K$2.8M20xas long as short