Spread before costs (cost unknown: a leg has no order-book sample)+0.306%
7d average+0.014%if it closes, per $10,000$31funding while held, a day+$3.52
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ARBUSDTM | 0.2342 | 0.0100 | pay 0.0100% / 8h | 7h 42m | $20.9M | $18.3M | 75x |
| Short | GMX ARB/USD [ARB-USDC] | 0.2349 | L +0.0270% / S −0.0217% | get 0.0027% / 1h | 42m 05s | $709K | — | 150x |
KuCoin ARBUSDTM
GMX ARB/USD [ARB-USDC]Price 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
- $30.58
- Funding while held
- $3.52
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $10.09
- Spread needed to break even
- 0.240%
Slippage unknown: KuCoin: live order book, 3 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0117%
- Per $10,000 a day
- +$3.52
- 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 KuCoin live order book, 3 min ago | 2.36 bp | 28.8 bp −$29 | 52.3 bp −$523 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni0.2326cheapestedgeX0.2326+0.001%Variational Omni0.2327+0.028%Injective0.2336+0.430%Bybit0.2340+0.585%MEXC0.2340+0.598%OKX0.2340+0.619%BingX0.2341+0.641%Binance0.2341+0.663%
ApeX Omni
Variational Omni
Injective
Bybit
MEXC
OKX
BingX
BinanceKuCoin0.2342+0.675%
Gate0.2342+0.688%SoDEX0.2342+0.688%Lighter0.2343+0.718%Extended0.2343+0.719%HTX0.2343+0.735%Kraken Futures0.2343+0.739%Backpack0.2343+0.748%Bitget0.2344+0.774%BloFin0.2344+0.774%Hyperliquid0.2345+0.804%Phemex0.2345+0.817%Deribit0.2345+0.834%Aevo0.2346+0.858%Orderly0.2346+0.860%
Gate
SoDEX
Lighter
Extended
HTX
Kraken Futures
Backpack
Bitget
BloFin
Hyperliquid
Phemex
Deribit
Aevo
OrderlyGMX0.2349+0.983%
Reya0.2349+0.984%SunX0.2349+0.989%gTrade (Gains Network)0.2349+0.990%Coinbase International0.2353+1.144%Aster0.2354+1.191%01 Exchange0.2354+1.199%Polymarket Perps0.2354+1.199%Pacifica0.2355+1.234%dYdX0.2355+1.247%RISEx0.2356+1.286%
Reya
SunX
gTrade (Gains Network)
Coinbase International
Aster
Polymarket Perps
Pacifica
dYdX
RISExARB on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni ARBUSDT | −0.670% | +0.0100% | 1h | $131K | $262K | 50x | as long as short |
| edgeX ARBUSDC | −0.670% | +0.0100% | 4h | $40K | $467K | 20x | as long as short |
| Variational Omni ARB | −0.642% | +0.0100% | 8h | $1.9M | $3.3M | — | as long as short |
| Injective ARB/USDC PERP | −0.243% | −0.1401% | 1h | $60K | $204K | 12x | as long as short |
| Bybit ARBUSDT | −0.090% | +0.0040% | 8h | $59.8M | $131.1M | 50x | as long as short |
| MEXC ARB_USDT | −0.077% | +0.0018% | 8h | $38.7M | $60.7M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.056% | +0.0020% | 8h | $24.5M | $181.3M | 50x | as long as short |
| BingX ARB-USDT | −0.034% | +0.0100% | 8h | — | $53.3M | — | as long as short |
| Binance ARBUSDT | −0.012% | +0.0100% | 8h | $67.3M | $324.3M | 75x | as long as short |
| KuCoin ARBUSDTMlong | 0.000% | +0.0100% | 8h | $20.9M | $18.3M | 75x |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate ARB_USDT | +0.013% | +0.0100% | 8h | $5.6M | $20.8M | 60x | as long as short |
| SoDEX ARB-USD | +0.013% | −0.0012% | 1h | $5K | $2.9M | 5x | as long as short |
| Lighter ARB | +0.043% | +0.0096% | 1h | $1.6M | $7.3M | 15x | as long as short |
| Extended ARB-USD | +0.044% | +0.0104% | 1h | $381K | $2.4M | 25x | as long as short |
| HTX ARB-USDT | +0.060% | +0.0100% | 8h | $285K | $1.2M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.064% | −0.0196% | 1h | $1.2M | $4.9M | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.073% | +0.0787% | 1h | $973K | $3.0M | 20x | as long as short |
| Bitget ARBUSDT | +0.098% | +0.0100% | 8h | $21.8M | $39.5M | 50x | as long as short |
| BloFin ARB-USDT | +0.098% | +0.0220% | 8h | $3.2M | $3.3M | 75x | as long as short |
| Hyperliquid ARB | +0.128% | +0.0434% | 1h | $43.5M | $49.8M | 10x | as long as short |
| Phemex ARBUSDT | +0.141% | −0.0203% | 8h | $5.8M | $14.5M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | +0.158% | −0.0006% | 1h | $41K | $16K | 25x | as long as short |
| Aevo ARB-PERP | +0.181% | +0.0104% | 1h | $156K | $9K | 3x | as long as short |
| Orderly PERP_ARB_USDC | +0.184% | −0.0018% | 8h | $11K | $357K | 10x | as long as short |
| GMX ARB/USD [ARB-USDC]short | +0.306% | L +0.0270% / S −0.0217% | 1h | $709K | — | 150x | |
| Reya ARBRUSDPERP | +0.307% | +0.0292% | 1h | $2K | $695 | 20x | as long as short |
| SunX ARB-USDT | +0.312% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| gTrade (Gains Network) ARB/USD | +0.313% | L +0.0005% / S −0.0006% | 1h | $63K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.465% | +0.0464% | 1h | $540K | $2.6M | 50x | as long as short |
| Aster ARBUSDT | +0.513% | +0.0100% | 8h | $726K | $2.2M | 20x | as long as short |
| 01 Exchange ARBUSD | +0.521% | −0.0080% | 1h | $8K | $2K | 10x | as long as short |
| Polymarket Perps ARB-USD | +0.521% | +0.0100% | 1h | $73K | $2.4M | 10x | as long as short |
| Pacifica ARB | +0.555% | +0.0100% | 1h | $50K | $226K | 10x | as long as short |
| dYdX ARB-USD | +0.568% | 0.0000% | 1h | $71K | $4K | 10x | as long as short |
| RISEx ARB/USDC | +0.607% | +0.0449% | 1h | $447K | $3.2M | 10x | as long as short |