Spread before costs (cost unknown: a leg has no order-book sample)−0.229%
7d average+0.054%if it closes, per $10,000$23funding while held, a day+$4.55
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ARB_USDT | 0.2387 | 0.0007 | pay 0.0007% / 8h | 1h 42m | $38.8M | $58.1M | 200x |
| Short | GMX ARB/USD [ARB-USDC] | 0.2381 | L +0.0253% / S −0.0159% | get 0.0020% / 1h | 42m 53s | $771K | — | 150x |
MEXC ARB_USDT
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
- −$22.92
- Funding while held
- $4.55
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$30.37
- Spread needed to break even
- 0.120%
Slippage unknown: MEXC: live order book, 3 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0152%
- Per $10,000 a day
- +$4.55
- 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 MEXC live order book, 3 min ago | 0.21 bp | 0.9 bp −$1 | 23.2 bp −$232 | 46.1 bp −$4,608 | 74.0 bp −$37.0K |
| 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.Injective0.2370cheapestVariational Omni0.2371+0.052%Reya0.2378+0.344%edgeX0.2379+0.364%RISEx0.2379+0.369%dYdX0.2379+0.396%SunX0.2380+0.422%HTX0.2381+0.447%Extended0.2381+0.462%Bitget0.2381+0.464%Orderly0.2381+0.464%Deribit0.2381+0.464%Pacifica0.2381+0.465%gTrade (Gains Network)0.2381+0.470%
Injective
Variational Omni
Reya
RISEx
dYdX
SunX
HTX
Extended
Bitget
Orderly
Deribit
Pacifica
gTrade (Gains Network)GMX0.2381+0.474%
Polymarket Perps0.2381+0.477%Gate0.2382+0.506%ApeX Omni0.2382+0.506%Phemex0.2382+0.506%SoDEX0.2382+0.511%Aster0.2382+0.512%Binance0.2382+0.520%Kraken Futures0.2382+0.525%OKX0.2382+0.527%Aevo0.2382+0.527%BloFin0.2383+0.536%Bybit0.2383+0.553%KuCoin0.2383+0.557%Lighter0.2384+0.608%Hyperliquid0.2385+0.637%Backpack0.2385+0.646%
Polymarket Perps
Gate
ApeX Omni
Phemex
SoDEX
Aster
Binance
Kraken Futures
OKX
Aevo
BloFin
Bybit
KuCoin
Lighter
Hyperliquid
BackpackMEXC0.2387+0.705%
Coinbase International0.2387+0.730%BingX0.2389+0.793%
Coinbase International
BingXARB on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.700% | −0.1516% | 1h | $61K | $248K | 12x | as long as short |
| Variational Omni ARB | −0.649% | +0.0100% | 8h | $2.0M | $3.4M | — | as long as short |
| Reya ARBRUSDPERP | −0.358% | +0.0291% | 1h | $3K | — | 20x | as long as short |
| edgeX ARBUSDC | −0.338% | +0.0100% | 4h | $41K | $463K | 20x | as long as short |
| RISEx ARB/USDC | −0.334% | −0.0049% | 1h | $386K | $3.3M | 10x | as long as short |
| dYdX ARB-USD | −0.307% | 0.0000% | 1h | $72K | $4K | 10x | as long as short |
| SunX ARB-USDT | −0.281% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | −0.256% | +0.0100% | 8h | $292K | $1.3M | 50x | as long as short |
| Extended ARB-USD | −0.241% | +0.0104% | 1h | $384K | $2.4M | 25x | as long as short |
| Bitget ARBUSDT | −0.239% | +0.0100% | 8h | $22.1M | $38.8M | 50x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.239% | −0.0041% | 8h | $13K | $299K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.239% | 0.0000% | 1h | $39K | $19K | 25x | as long as short |
| Pacifica ARB | −0.238% | +0.0100% | 1h | $50K | $254K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | −0.233% | L +0.0005% / S −0.0004% | 1h | $57K | — | 150x | as long as short |
| GMX ARB/USD [ARB-USDC]short | −0.229% | L +0.0253% / S −0.0159% | 1h | $771K | — | 150x | |
| Polymarket Perps ARB-USD | −0.226% | +0.0100% | 1h | $67K | $2.7M | 10x | as long as short |
| Gate ARB_USDT | −0.197% | +0.0100% | 8h | $5.8M | $19.7M | 60x | as long as short |
| ApeX Omni ARBUSDT | −0.197% | +0.0058% | 1h | $135K | $274K | 50x | as long as short |
| Phemex ARBUSDT | −0.197% | +0.0100% | 8h | $5.8M | $15.2M | 50x | as long as short |
| SoDEX ARB-USD | −0.193% | +0.0100% | 1h | $4K | $2.9M | 5x | as long as short |
| Aster ARBUSDT | −0.191% | +0.0100% | 8h | $717K | $2.2M | 20x | as long as short |
| Binance ARBUSDT | −0.183% | +0.0100% | 8h | $68.8M | $326.5M | 75x | as long as short |
| Kraken Futures PF_ARBUSD | −0.178% | +0.0364% | 1h | $1.3M | $4.9M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.176% | +0.0007% | 8h | $25.0M | $192.3M | 50x | as long as short |
| Aevo ARB-PERP | −0.176% | +0.0104% | 1h | $159K | $9K | 3x | as long as short |
| BloFin ARB-USDT | −0.168% | +0.0220% | 8h | $3.4M | $3.5M | 75x | as long as short |
| Bybit ARBUSDT | −0.151% | +0.0100% | 8h | $60.0M | $131.9M | 50x | as long as short |
| KuCoin ARBUSDTM | −0.147% | +0.0100% | 8h | $20.2M | $19.5M | 75x | as long as short |
| Lighter ARB | −0.096% | +0.0352% | 1h | $1.8M | $7.1M | 15x | as long as short |
| Hyperliquid ARB | −0.067% | +0.0428% | 1h | $44.5M | $48.9M | 10x | as long as short |
| Backpack ARB_USDC_PERP | −0.059% | +0.0808% | 1h | $978K | $2.9M | 20x | as long as short |
| MEXC ARB_USDTlong | 0.000% | +0.0007% | 8h | $38.8M | $58.1M | 200x | |
| Coinbase International ARB-PERP-INTX | +0.025% | +0.0520% | 1h | $581K | $2.5M | 50x | as long as short |
| BingX ARB-USDT | +0.088% | +0.0100% | 8h | — | $53.9M | — | as long as short |