Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0375%/8h= +41.0% APRpaid last 24h +0.102%

Price spread now: Reya against MEXC−0.084%108s7-day average — · you buy dearer than you sell

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

Long on MEXC Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.084% cheaper against MEXC than usual: you would sell low and buy high (spread −0.084% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 18 hours of funding at the current rate (+$11 a day). The two prices were read 108 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	0.2202	−0.0086	get 0.0086% / 8h	1h 15m	$41.7M	$62.2M	200x
Short	Reya ARBRUSDPERP	0.2200	0.0289	get 0.0036% / 1h	15m 35s	$2K	$695	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.084%Rate

Funding earned: $78.66
Price spread: −0.084% → 0.000%: −$8.38
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Reya: 3 bp × 2 orders: −$6
Net: $64.28
Costs to cover: 0.060%
Break-even: 1.3 days

Slippage unknown: MEXC: live order book, 3 min ago; Reya: 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 MEXC live order book, 3 min ago	0.23 bp	1.0 bp −$1	11.1 bp −$111	39.3 bp −$3,929	69.6 bp −$34.8K
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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	−0.1592%	1h	0.2193	−0.409%	$40K	$372K	12x	as long as short
Polymarket Perps ARB-USD	−0.0193%	1h	0.2201	−0.036%	$67K	$2.1M	10x	as long as short
01 Exchange ARBUSD	−0.0136%	1h	0.2203	+0.036%	$7K	$236	10x	as long as short
SoDEX ARB-USD	−0.0123%	1h	0.2202	−0.018%	$9K	$2.2M	5x	as long as short
OKX ARB-USDT-SWAP	−0.0087%	8h	0.2203	+0.054%	$22.1M	$145.5M	50x	as long as short
MEXC ARB_USDTlong	−0.0086%	8h	0.2202	long leg	$41.7M	$62.2M	200x
Variational Omni ARB	−0.0049%	8h	0.2201	−0.038%	$1.8M	$3.0M	—	as long as short
Orderly PERP_ARB_USDC	−0.0040%	8h	0.2201	−0.045%	$13K	$409K	10x	as long as short
Bybit ARBUSDT	−0.0012%	8h	0.2203	+0.054%	$54.1M	$126.5M	50x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2203	+0.054%	$65K	$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	0.2203	+0.045%	$28K	$38K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0009%	1h	0.2203	+0.032%	$45K	—	150x	as long as short
Gate ARB_USDT	+0.0027%	8h	0.2203	+0.041%	$5.4M	$18.5M	60x	as long as short
Binance ARBUSDT	+0.0054%	8h	0.2203	+0.050%	$63.0M	$301.7M	75x	as long as short
RISEx ARB/USDC	+0.0056%	1h	0.2202	+0.002%	$485K	$2.6M	10x	as long as short
Extended ARB-USD	+0.0056%	1h	0.2201	−0.045%	$352K	$2.8M	25x	as long as short
BingX ARB-USDC	+0.0065%	8h	0.2202	−0.009%	—	$6.5M	—	as long as short
Bitget ARBUSDT	+0.0067%	8h	0.2203	+0.045%	$21.3M	$34.7M	50x	as long as short
Lighter ARB	+0.0096%	1h	0.2202	+0.009%	$1.2M	$5.5M	15x	as long as short
Aevo ARB-PERP	+0.0096%	1h	0.2203	+0.045%	$140K	$7K	3x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2204	+0.091%	$37.3M	$49.3M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2204	+0.093%	$633K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2202	+0.016%	$43K	$148K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2203	+0.059%	$19.6M	$14.3M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2201	−0.026%	$39K	$465K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2207	+0.247%	$480K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2200	−0.091%	$119K	$280K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2204	+0.091%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2204	+0.104%	$294K	$858K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2202	0.000%	$4.9M	$12.9M	50x	as long as short
BloFin ARB-USDT	+0.0176%	8h	0.2203	+0.027%	$3.0M	$2.3M	75x	as long as short
Kraken Futures PF_ARBUSD	+0.0231%	1h	0.2203	+0.064%	$1.1M	$4.4M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2203	+0.049%	$831K	—	150x	as long as short
Coinbase International ARB-PERP-INTX	+0.0288%	1h	0.2205	+0.127%	$525K	$1.5M	50x	as long as short
Reya ARBRUSDPERPshort	+0.0289%	1h	0.2200	−0.084%	$2K	$695	20x
Backpack ARB_USDC_PERP	+0.0599%	1h	0.2206	+0.177%	$991K	$2.8M	20x	as long as short