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

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0172%/8h= −18.8% APRpaid last 24h +0.008%
Price spread now: Bitget against Kraken Futures−0.078%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$650.647% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.086%+$9 on $10k
Price spread, last 4 days (all we have)−0.580%−$58 · spread now −0.078%, 7d avg −0.086%
Together, before fees−0.494%−$49 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.086%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.086%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ARBUSD0.22170.0230pay 0.0029% / 1h56m 04s$1.1M$4.5M50x
ShortBitget ARBUSDT0.22150.0058get 0.0058% / 8h1h 56m$21.2M$34.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Kraken Futures. 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
−$36.09
Price spread: −0.078% → −0.086%
$0.8
Slippage, 4 orders
−$42.7
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$99.99
Costs to cover
0.647%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 3 min ago; Bitget: live order book, 3 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 Kraken Futures live order book, 3 min ago12.16 bp20.1 bp −$2024.3 bp −$243doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago2.25 bp11.9 bp −$1219.1 bp −$191124.9 bp −$12.5Kdoesn'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 PERP−0.1592%1h0.2204−0.575%$40K$372K12xas long as short
Polymarket Perps ARB-USD−0.0270%1h0.2216−0.047%$68K$2.1M10xas long as short
SoDEX ARB-USD−0.0093%1h0.2215−0.056%$9K$2.2M5xas long as short
Variational Omni ARB−0.0083%8h0.2222+0.253%$1.8M$3.0Mas long as short
OKX ARB-USDT-SWAP−0.0066%8h0.2214−0.110%$22.1M$146.6M50xas long as short
MEXC ARB_USDT−0.0062%8h0.2215−0.074%$41.5M$61.3M200xas long as short
01 Exchange ARBUSD−0.0056%1h0.2218+0.052%$7K$23610xas long as short
Orderly PERP_ARB_USDC−0.0045%8h0.2216−0.033%$13K$406K10xas long as short
Bybit ARBUSDT−0.0036%8h0.2215−0.060%$54.6M$126.5M50xas long as short
Deribit ARB_USDC-PERPETUAL−0.0021%1h0.2217+0.021%$28K$38K25xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ARB-USD0.0000%1h0.2218+0.037%$66K$5K10xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0009%1h0.2217+0.028%$44K150xas long as short
RISEx ARB/USDC+0.0056%1h0.2219+0.091%$480K$2.6M10xas long as short
Bitget ARBUSDTshort+0.0058%8h0.2215−0.078%$21.2M$34.8M50x
Gate ARB_USDT+0.0072%8h0.2215−0.078%$5.5M$18.3M60xas long as short
Lighter ARB+0.0096%1h0.2216−0.020%$1.3M$5.5M15xas long as short
Extended ARB-USD+0.0096%1h0.2215−0.066%$352K$2.8M25xas long as short
Binance ARBUSDT+0.0100%8h0.2216−0.049%$63.3M$301.7M75xas long as short
Hyperliquid ARB+0.0100%1h0.2217+0.030%$37.5M$49.4M10xas long as short
Aster ARBUSDT+0.0100%8h0.2218+0.039%$636K$1.7M20xas long as short
Pacifica ARB+0.0100%1h0.2218+0.060%$43K$150K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2216−0.029%$19.7M$14.4M75xas long as short
BingX ARB-USDT+0.0100%8h0.2215−0.056%$53.5Mas long as short
edgeX ARBUSDC+0.0100%4h0.2214−0.106%$39K$461K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2226+0.418%$475K$3.7M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2225+0.373%$120K$281K50xas long as short
SunX ARB-USDT+0.0100%8h0.2220+0.147%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2217+0.012%$296K$875K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2217+0.012%$5.0M$12.8M50xas long as short
Aevo ARB-PERP+0.0104%1h0.2218+0.042%$141K$7K3xas long as short
BloFin ARB-USDT+0.0220%8h0.2215−0.074%$3.0M$2.4M75xas long as short
Kraken Futures PF_ARBUSDlong+0.0230%1h0.2217long leg$1.1M$4.5M50x
GMX ARB/USD [ARB-USDC]L +0.0276% / S −0.0158%1h0.2217+0.022%$837K150xas long as short
Coinbase International ARB-PERP-INTX+0.0288%1h0.2221+0.192%$514K$1.6M50xas long as short
Reya ARBRUSDPERP+0.0289%1h0.2216−0.046%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0614%1h0.2219+0.107%$995K$2.8M20xas long as short