Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0171%/8h= +18.7% APRpaid last 24h +0.045%

Price spread now: edgeX against MEXC−0.262%53s7-day average +0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$440.440% of the position

Long on MEXC Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.217%+$22 on $10k

Price spread, last 4 days (all we have)+0.360%+$36 · spread now −0.262%, 7d avg +0.034%

Together, before fees+0.577%+ Points / potential airdropedgeX: Active · farm board+$58 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.297% cheaper against MEXC than usual: you would sell low and buy high (spread −0.262% now, against its 7-day average of +0.034%). If the spread goes back, that is −$30 on $10k: about 5.8 days of funding at the current rate (+$5 a day). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ARB_USDT	0.2216	−0.0071	get 0.0071% / 8h	1h 44m	$42.3M	$61.7M	200x
Short	edgeX ARBUSDC	0.2210	0.0100	get 0.0050% / 4h	1h 44m	$39K	$465K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against MEXC. 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 MEXCbpFee edgeXbpOrdersPrice spread, now −0.262%Rate

Funding earned: $35.91
Price spread: −0.262% → +0.034%: −$29.68
Slippage, 4 orders: −$35.01
Fee MEXC: 0 bp × 2 orders: $0
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$37.78
Costs to cover: 0.440%
Break-even: 14.4 days

Slippage from MEXC: live order book, 4 min ago; edgeX: live order book, 64 min ago.

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 MEXC live order book, 4 min ago	0.23 bp	1.4 bp −$1	18.1 bp −$181	43.5 bp −$4,348	77.6 bp −$38.8K
Sell edgeX live order book, 64 min ago	13.74 bp	20.9 bp −$21	102.6 bp −$1,026	doesn't fit	doesn't fit

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	−0.1592%	1h	0.2202	−0.618%	$40K	$372K	12x	as long as short
Polymarket Perps ARB-USD	−0.0216%	1h	0.2217	+0.068%	$68K	$2.1M	10x	as long as short
OKX ARB-USDT-SWAP	−0.0071%	8h	0.2216	+0.023%	$22.2M	$147.0M	50x	as long as short
MEXC ARB_USDTlong	−0.0071%	8h	0.2216	long leg	$42.3M	$61.7M	200x
Variational Omni ARB	−0.0065%	8h	0.2209	−0.322%	$1.8M	$3.0M	—	as long as short
01 Exchange ARBUSD	−0.0064%	1h	0.2214	−0.068%	$7K	$236	10x	as long as short
SoDEX ARB-USD	−0.0050%	1h	0.2218	+0.126%	$9K	$2.2M	5x	as long as short
Orderly PERP_ARB_USDC	−0.0044%	8h	0.2217	+0.059%	$12K	$406K	10x	as long as short
Bybit ARBUSDT	−0.0025%	8h	0.2216	+0.032%	$54.6M	$126.5M	50x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2217	+0.052%	$66K	$5K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2219	+0.153%	$28K	$38K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0009%	1h	0.2218	+0.123%	$44K	—	150x	as long as short
RISEx ARB/USDC	+0.0056%	1h	0.2214	−0.084%	$461K	$2.6M	10x	as long as short
Bitget ARBUSDT	+0.0058%	8h	0.2215	−0.032%	$21.3M	$34.8M	50x	as long as short
Gate ARB_USDT	+0.0067%	8h	0.2216	+0.018%	$5.5M	$18.3M	60x	as long as short
BingX ARB-USDT	+0.0093%	8h	0.2215	−0.027%	—	$53.0M	—	as long as short
Binance ARBUSDT	+0.0095%	8h	0.2216	+0.031%	$63.3M	$301.9M	75x	as long as short
Lighter ARB	+0.0096%	1h	0.2215	−0.032%	$1.3M	$5.5M	15x	as long as short
Extended ARB-USD	+0.0096%	1h	0.2215	−0.052%	$352K	$2.8M	25x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2217	+0.041%	$37.5M	$49.4M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2217	+0.069%	$636K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2216	−0.008%	$43K	$150K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2217	+0.068%	$19.7M	$14.3M	75x	as long as short
edgeX ARBUSDCshort	+0.0100%	4h	0.2210	−0.262%	$39K	$465K	20x
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2212	−0.164%	$480K	$3.7M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2213	−0.122%	$119K	$282K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2215	−0.032%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2217	+0.036%	$296K	$872K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2218	+0.104%	$5.0M	$12.8M	50x	as long as short
Aevo ARB-PERP	+0.0104%	1h	0.2219	+0.145%	$141K	$7K	3x	as long as short
BloFin ARB-USDT	+0.0213%	8h	0.2218	+0.126%	$3.1M	$2.4M	75x	as long as short
Kraken Futures PF_ARBUSD	+0.0229%	1h	0.2220	+0.215%	$1.1M	$4.5M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2219	+0.148%	$837K	—	150x	as long as short
Coinbase International ARB-PERP-INTX	+0.0288%	1h	0.2217	+0.059%	$519K	$1.6M	50x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2217	+0.068%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0664%	1h	0.2223	+0.316%	$997K	$2.8M	20x	as long as short