After costs, if the gap returns to its 7d average, $10k−$88
spread now−0.271%7d average+0.020%fees + slippage, in and out−$59spread needed0.588%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ARBUSD | 0.2377 | 0.0365 | pay 0.0046% / 1h | 49m 21s | $1.3M | $4.9M | 50x |
| Short | Hyperliquid ARB | 0.2370 | 0.0381 | get 0.0048% / 1h | 49m 21s | $44.3M | $48.7M | 10x |
Kraken Futures PF_ARBUSD
Hyperliquid ARBPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$27.08
- Funding while held
- $0.48
- Slippage, 4 orders
- −$39.78
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$85.38
- Spread needed to break even
- 0.588%
Slippage from Kraken Futures: live order book, 1 min ago; Hyperliquid: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0016%
- Per $10,000 a day
- +$0.48
- Average in range /8h
- —
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 Kraken Futures live order book, 1 min ago | 10.52 bp | 23.5 bp −$24 | 31.1 bp −$311 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 1.26 bp | 9.2 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
ARB price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2356cheapestBybit0.2365+0.369%OKX0.2365+0.390%BingX0.2366+0.412%Variational Omni0.2366+0.439%RISEx0.2366+0.442%Extended0.2367+0.457%edgeX0.2367+0.460%Orderly0.2367+0.467%gTrade (Gains Network)0.2367+0.472%MEXC0.2367+0.475%GMX0.2367+0.485%KuCoin0.2367+0.488%Reya0.2368+0.502%Bitget0.2368+0.509%ApeX Omni0.2368+0.509%Gate0.2368+0.514%Binance0.2368+0.524%BloFin0.2369+0.565%Aster0.2369+0.571%dYdX0.2370+0.577%Polymarket Perps0.2370+0.586%
Injective
Bybit
OKX
BingX
Variational Omni
RISEx
Extended
Orderly
gTrade (Gains Network)
MEXC
GMX
KuCoin
Reya
Bitget
ApeX Omni
Gate
Binance
BloFin
Aster
dYdX
Polymarket PerpsHyperliquid0.2370+0.607%
Pacifica0.2371+0.616%Lighter0.2372+0.662%Phemex0.2375+0.806%SoDEX0.2376+0.849%Deribit0.2376+0.849%HTX0.2376+0.862%Aevo0.2377+0.870%
Pacifica
Lighter
Phemex
SoDEX
Deribit
HTX
AevoKraken Futures0.2377+0.880%
Coinbase International0.2377+0.891%SunX0.2378+0.934%Backpack0.2379+0.989%
Coinbase International
SunX
BackpackARB on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.872% | −0.1516% | 1h | $60K | $248K | 12x | as long as short |
| Bybit ARBUSDT | −0.506% | +0.0100% | 8h | $59.5M | $133.6M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.485% | −0.0002% | 8h | $24.9M | $193.4M | 50x | as long as short |
| BingX ARB-USDT | −0.464% | +0.0100% | 8h | — | $54.0M | — | as long as short |
| Variational Omni ARB | −0.437% | +0.0100% | 8h | $2.0M | $3.4M | — | as long as short |
| RISEx ARB/USDC | −0.434% | −0.0049% | 1h | $384K | $3.4M | 10x | as long as short |
| Extended ARB-USD | −0.419% | +0.0104% | 1h | $382K | $2.5M | 25x | as long as short |
| edgeX ARBUSDC | −0.416% | +0.0100% | 4h | $40K | $461K | 20x | as long as short |
| Orderly PERP_ARB_USDC | −0.410% | −0.0044% | 8h | $12K | $295K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | −0.405% | L +0.0005% / S −0.0004% | 1h | $57K | — | 150x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC ARB_USDT | −0.401% | −0.0002% | 8h | $37.5M | $57.8M | 200x | as long as short |
| GMX ARB/USD [ARB-USDC] | −0.392% | L +0.0252% / S −0.0158% | 1h | $767K | — | 150x | as long as short |
| KuCoin ARBUSDTM | −0.389% | +0.0100% | 8h | $20.0M | $19.6M | 75x | as long as short |
| Reya ARBRUSDPERP | −0.375% | +0.0291% | 1h | $3K | — | 20x | as long as short |
| Bitget ARBUSDT | −0.368% | +0.0100% | 8h | $22.0M | $39.1M | 50x | as long as short |
| ApeX Omni ARBUSDT | −0.368% | −0.0274% | 1h | $135K | $275K | 50x | as long as short |
| Gate ARB_USDT | −0.363% | +0.0100% | 8h | $5.8M | $19.6M | 60x | as long as short |
| Binance ARBUSDT | −0.353% | +0.0100% | 8h | $68.5M | $328.1M | 75x | as long as short |
| BloFin ARB-USDT | −0.313% | +0.0220% | 8h | $3.4M | $3.5M | 75x | as long as short |
| Aster ARBUSDT | −0.306% | +0.0100% | 8h | $715K | $2.2M | 20x | as long as short |
| dYdX ARB-USD | −0.301% | 0.0000% | 1h | $71K | $4K | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.292% | +0.0100% | 1h | $67K | $2.8M | 10x | as long as short |
| Hyperliquid ARBshort | −0.271% | +0.0381% | 1h | $44.3M | $48.7M | 10x | |
| Pacifica ARB | −0.262% | +0.0100% | 1h | $49K | $254K | 10x | as long as short |
| Lighter ARB | −0.216% | +0.0536% | 1h | $1.8M | $7.1M | 15x | as long as short |
| Phemex ARBUSDT | −0.073% | +0.0100% | 8h | $5.8M | $15.4M | 50x | as long as short |
| SoDEX ARB-USD | −0.031% | +0.0100% | 1h | $4K | $2.9M | 5x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.031% | 0.0000% | 1h | $39K | $19K | 25x | as long as short |
| HTX ARB-USDT | −0.018% | +0.0100% | 8h | $291K | $1.3M | 50x | as long as short |
| Aevo ARB-PERP | −0.010% | +0.0104% | 1h | $159K | $9K | 3x | as long as short |
| Kraken Futures PF_ARBUSDlong | 0.000% | +0.0365% | 1h | $1.3M | $4.9M | 50x | |
| Coinbase International ARB-PERP-INTX | +0.011% | +0.0520% | 1h | $580K | $2.5M | 50x | as long as short |
| SunX ARB-USDT | +0.053% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| Backpack ARB_USDC_PERP | +0.108% | +0.0702% | 1h | $1.0M | $2.9M | 20x | as long as short |