After costs, if the gap returns to its 7d average, $10k−$93
spread now−0.060%7d average+0.003%fees + slippage, in and out−$87spread needed0.869%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ARBUSDTM | 0.2317 | 0.0100 | pay 0.0100% / 8h | 35m 11s | $20.3M | $18.6M | 75x |
| Short | Phemex ARBUSDT | 0.2316 | 0.0100 | get 0.0100% / 8h | 35m 11s | $5.8M | $14.8M | 50x |
KuCoin ARBUSDTM
Phemex ARBUSDTPrice 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
- −$6.04
- Funding while held
- $0
- Slippage, 4 orders
- −$62.93
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$92.97
- Spread needed to break even
- 0.869%
Slippage from KuCoin: live order book, 10 min ago; Phemex: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 10 min ago | 2.36 bp | 24.1 bp −$24 | 50.3 bp −$503 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 8.56 bp | 26.1 bp −$26 | 53.2 bp −$532 | doesn't fit | doesn't fit |
ARB price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2302cheapestVariational Omni0.2310+0.366%Reya0.2313+0.483%01 Exchange0.2313+0.487%RISEx0.2314+0.500%Extended0.2314+0.506%Bitget0.2314+0.521%Aster0.2314+0.530%ApeX Omni0.2315+0.565%Polymarket Perps0.2315+0.565%Orderly0.2315+0.565%BingX0.2315+0.578%HTX0.2315+0.578%BloFin0.2315+0.578%MEXC0.2316+0.586%Aevo0.2316+0.599%edgeX0.2316+0.601%Bybit0.2316+0.608%
Injective
Variational Omni
Reya
RISEx
Extended
Bitget
Aster
ApeX Omni
Polymarket Perps
Orderly
BingX
HTX
BloFin
MEXC
Aevo
BybitPhemex0.2316+0.608%
Gate0.2316+0.613%Binance0.2316+0.617%Deribit0.2316+0.617%GMX0.2316+0.626%OKX0.2316+0.630%SoDEX0.2316+0.630%Kraken Futures0.2317+0.645%gTrade (Gains Network)0.2317+0.646%
Gate
Binance
Deribit
GMX
OKX
SoDEX
Kraken Futures
gTrade (Gains Network)KuCoin0.2317+0.669%
Pacifica0.2318+0.676%dYdX0.2318+0.688%Lighter0.2319+0.734%Hyperliquid0.2320+0.769%Backpack0.2320+0.782%SunX0.2320+0.782%Coinbase International0.2321+0.843%
Pacifica
dYdX
Lighter
Hyperliquid
Backpack
SunX
Coinbase InternationalARB on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.665% | −0.1425% | 1h | $59K | $248K | 12x | as long as short |
| Variational Omni ARB | −0.301% | +0.0100% | 8h | $1.9M | $3.3M | — | as long as short |
| Reya ARBRUSDPERP | −0.185% | +0.0292% | 1h | $2K | $695 | 20x | as long as short |
| 01 Exchange ARBUSD | −0.181% | −0.0032% | 1h | $7K | $3K | 10x | as long as short |
| RISEx ARB/USDC | −0.168% | +0.0037% | 1h | $428K | $3.3M | 10x | as long as short |
| Extended ARB-USD | −0.162% | +0.0104% | 1h | $377K | $2.4M | 25x | as long as short |
| Bitget ARBUSDT | −0.147% | +0.0100% | 8h | $21.5M | $38.9M | 50x | as long as short |
| Aster ARBUSDT | −0.138% | +0.0100% | 8h | $701K | $2.2M | 20x | as long as short |
| ApeX Omni ARBUSDT | −0.104% | +0.0086% | 1h | $130K | $264K | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.104% | +0.0100% | 1h | $62K | $2.5M | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.104% | −0.0025% | 8h | $12K | $326K | 10x | as long as short |
| BingX ARB-USDT | −0.091% | +0.0100% | 8h | — | $53.6M | — | as long as short |
| HTX ARB-USDT | −0.091% | +0.0100% | 8h | $286K | $1.2M | 50x | as long as short |
| BloFin ARB-USDT | −0.091% | +0.0220% | 8h | $3.3M | $3.3M | 75x | as long as short |
| MEXC ARB_USDT | −0.082% | +0.0031% | 8h | $34.3M | $60.1M | 200x | as long as short |
| Aevo ARB-PERP | −0.070% | +0.0104% | 1h | $154K | $9K | 3x | as long as short |
| edgeX ARBUSDC | −0.067% | +0.0100% | 4h | $40K | $463K | 20x | as long as short |
| Bybit ARBUSDT | −0.060% | +0.0100% | 8h | $58.8M | $129.6M | 50x | as long as short |
| Phemex ARBUSDTshort | −0.060% | +0.0100% | 8h | $5.8M | $14.8M | 50x | |
| Gate ARB_USDT | −0.056% | +0.0100% | 8h | $5.7M | $20.9M | 60x | as long as short |
| Binance ARBUSDT | −0.052% | +0.0100% | 8h | $66.0M | $324.3M | 75x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.052% | 0.0000% | 1h | $39K | $15K | 25x | as long as short |
| GMX ARB/USD [ARB-USDC] | −0.043% | L +0.0260% / S −0.0173% | 1h | $734K | — | 150x | as long as short |
| OKX ARB-USDT-SWAP | −0.039% | +0.0034% | 8h | $24.2M | $180.0M | 50x | as long as short |
| SoDEX ARB-USD | −0.039% | −0.0094% | 1h | $4K | $2.8M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.024% | +0.0437% | 1h | $1.2M | $4.7M | 50x | as long as short |
| gTrade (Gains Network) ARB/USD | −0.022% | L +0.0005% / S −0.0005% | 1h | $55K | — | 150x | as long as short |
| KuCoin ARBUSDTMlong | 0.000% | +0.0100% | 8h | $20.3M | $18.6M | 75x | |
| Pacifica ARB | +0.007% | +0.0100% | 1h | $48K | $234K | 10x | as long as short |
| dYdX ARB-USD | +0.019% | 0.0000% | 1h | $70K | $4K | 10x | as long as short |
| Lighter ARB | +0.065% | +0.0096% | 1h | $1.7M | $7.2M | 15x | as long as short |
| Hyperliquid ARB | +0.099% | +0.0435% | 1h | $43.0M | $48.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.112% | +0.0685% | 1h | $1.0M | $3.0M | 20x | as long as short |
| SunX ARB-USDT | +0.112% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.173% | +0.0520% | 1h | $534K | $2.5M | 50x | as long as short |