ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0055%/8h= −6.0% APRnext payment −$0.07 per $10,000 · paid last 24h −0.045%

Price spread now: 01 Exchange against Kraken Futures+0.108%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. 01 Exchange is 0.108% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.108% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_ARBUSD	0.2222	−0.0073	get 0.0009% / 1h	5m 01s	$1.1M	$4.5M	50x
Short	01 Exchange ARBUSD	0.2224	−0.0128	pay 0.0016% / 1h	5m 01s	$7K	$236	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee 01 ExchangebpOrdersPrice spread, now +0.108%Rate

Funding earned: −$11.5
Price spread: +0.108% → 0.000%: $10.81
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$17.69
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 4 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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, 4 min ago	8.58 bp	14.0 bp −$14	21.7 bp −$217	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 PERP	−0.1581%	1h	0.2208	−0.626%	$40K	$372K	12x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0245%	1h	0.2221	−0.049%	$24K	$34K	25x	as long as short
01 Exchange ARBUSDshort	−0.0128%	1h	0.2224	+0.108%	$7K	$236	10x
Polymarket Perps ARB-USD	−0.0089%	1h	0.2223	+0.045%	$76K	$2.1M	10x	as long as short
Variational Omni ARB	−0.0083%	8h	0.2224	+0.093%	$1.8M	$3.0M	—	as long as short
Kraken Futures PF_ARBUSDlong	−0.0073%	1h	0.2222	long leg	$1.1M	$4.5M	50x
OKX ARB-USDT-SWAP	−0.0057%	8h	0.2219	−0.130%	$22.1M	$146.7M	50x	as long as short
MEXC ARB_USDT	−0.0054%	8h	0.2221	−0.049%	$41.8M	$62.0M	200x	as long as short
Bybit ARBUSDT	−0.0049%	8h	0.2221	−0.045%	$54.8M	$126.4M	50x	as long as short
Orderly PERP_ARB_USDC	−0.0043%	8h	0.2220	−0.085%	$12K	$406K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ARB-USD	0.0000%	1h	0.2223	+0.032%	$66K	$5K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0009%	1h	0.2223	+0.041%	$44K	—	150x	as long as short
Bitget ARBUSDT	+0.0057%	8h	0.2220	−0.085%	$21.3M	$34.8M	50x	as long as short
Gate ARB_USDT	+0.0083%	8h	0.2221	−0.018%	$5.5M	$18.4M	60x	as long as short
RISEx ARB/USDC	+0.0086%	1h	0.2224	+0.106%	$485K	$2.6M	10x	as long as short
Lighter ARB	+0.0096%	1h	0.2221	−0.031%	$1.3M	$5.5M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2223	+0.027%	$37.5M	$49.2M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2223	+0.063%	$638K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2222	+0.005%	$43K	$150K	10x	as long as short
Binance ARBUSDT	+0.0100%	8h	0.2221	−0.055%	$63.5M	$301.2M	75x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2222	+0.009%	$19.8M	$14.4M	75x	as long as short
BingX ARB-USDT	+0.0100%	8h	0.2221	−0.031%	—	$54.1M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2220	−0.102%	$39K	$463K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2221	−0.042%	$484K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2223	+0.050%	$120K	$281K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2224	+0.095%	$2K	$1.1M	30x	as long as short
SoDEX ARB-USD	+0.0100%	1h	0.2220	−0.076%	$9K	$2.2M	5x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2221	−0.049%	$297K	$885K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2223	+0.050%	$5.0M	$12.8M	50x	as long as short
Extended ARB-USD	+0.0104%	1h	0.2220	−0.084%	$352K	$2.8M	25x	as long as short
Aevo ARB-PERP	+0.0104%	1h	0.2221	−0.020%	$141K	$7K	3x	as long as short
BloFin ARB-USDT	+0.0220%	8h	0.2221	−0.045%	$3.0M	$2.4M	75x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0277% / S −0.0159%	1h	0.2223	+0.058%	$842K	—	150x	as long as short
Coinbase International ARB-PERP-INTX	+0.0288%	1h	0.2228	+0.275%	$516K	$1.6M	50x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2221	−0.023%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0745%	1h	0.2224	+0.090%	$997K	$2.8M	20x	as long as short