ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0124%/8h= +13.6% APRnext payment +$1.24 per $10,000 · paid last 24h +0.021%

Price spread now: Binance against OKX0.000%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$320.315% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.064%+$6 on $10k

Price spread, last 7 days+0.005%+$1 · spread now 0.000%, 7d avg +0.029%

Together, before fees+0.070%+$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.029% cheaper against OKX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.029%). If the spread goes back, that is −$3 on $10k: about 19 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.064% in total) that is about 3.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ARB-USDT-SWAP	0.2266	−0.0108	get 0.0108% / 8h	25m 24s	$22.9M	$159.6M	50x
Short	Binance ARBUSDT	0.2266	0.0016	get 0.0016% / 8h	25m 24s	$66.5M	$313.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now 0.000%Rate

Funding earned: $26.04
Price spread: 0.000% → +0.029%: −$2.92
Slippage, 4 orders: −$11.5
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$8.38
Costs to cover: 0.315%
Break-even: 9.3 days

Slippage from OKX: live order book, 4 min ago; Binance: live order book, 3 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 OKX live order book, 4 min ago	0.22 bp	10.2 bp −$10	26.9 bp −$269	doesn't fit	doesn't fit
Sell Binance live order book, 3 min ago	0.22 bp	6.3 bp −$6	18.1 bp −$181	70.3 bp −$7,028	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	−0.1785%	1h	0.2261	−0.234%	$41K	$372K	12x	as long as short
Polymarket Perps ARB-USD	−0.0272%	1h	0.2265	−0.057%	$74K	$2.0M	10x	as long as short
Variational Omni ARB	−0.0183%	8h	0.2274	+0.330%	$2.0M	$2.8M	—	as long as short
01 Exchange ARBUSD	−0.0176%	1h	0.2266	−0.026%	$7K	$2K	10x	as long as short
Bybit ARBUSDT	−0.0163%	8h	0.2265	−0.044%	$58.3M	$128.2M	50x	as long as short
OKX ARB-USDT-SWAPlong	−0.0108%	8h	0.2266	long leg	$22.9M	$159.6M	50x
MEXC ARB_USDT	−0.0108%	8h	0.2266	−0.031%	$38.0M	$59.7M	200x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0058%	1h	0.2273	+0.278%	$26K	$32K	25x	as long as short
SoDEX ARB-USD	−0.0052%	1h	0.2272	+0.260%	$4K	$2.6M	5x	as long as short
Orderly PERP_ARB_USDC	−0.0038%	8h	0.2266	−0.013%	$13K	$395K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ARB-USD	0.0000%	1h	0.2271	+0.225%	$67K	$4K	10x	as long as short
Gate ARB_USDT	+0.0001%	8h	0.2266	−0.026%	$5.5M	$20.2M	60x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2267	+0.014%	$55K	—	150x	as long as short
Binance ARBUSDTshort	+0.0016%	8h	0.2266	0.000%	$66.5M	$313.0M	75x
Extended ARB-USD	+0.0016%	1h	0.2267	+0.045%	$361K	$2.3M	25x	as long as short
BloFin ARB-USDT	+0.0061%	8h	0.2276	+0.450%	$3.2M	$2.8M	75x	as long as short
Bitget ARBUSDT	+0.0063%	8h	0.2265	−0.057%	$21.3M	$35.9M	50x	as long as short
BingX ARB-USDC	+0.0066%	8h	0.2265	−0.062%	—	$6.5M	—	as long as short
Aevo ARB-PERP	+0.0088%	1h	0.2268	+0.081%	$148K	$12K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2271	+0.229%	$1.4M	$7.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2268	+0.075%	$41.3M	$47.5M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2266	+0.007%	$706K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2272	+0.247%	$48K	$184K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2266	−0.026%	$19.7M	$16.1M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2279	+0.548%	$40K	$460K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2274	+0.340%	$486K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2281	+0.649%	$123K	$295K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2279	+0.560%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2275	+0.371%	$290K	$1.1M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2276	+0.428%	$5.2M	$13.1M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0216%	1h	0.2281	+0.649%	$513K	$2.3M	50x	as long as short
Kraken Futures PF_ARBUSD	+0.0235%	1h	0.2274	+0.353%	$1.2M	$4.9M	50x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2265	−0.066%	$2K	$695	20x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0296% / S −0.0186%	1h	0.2267	+0.032%	$927K	—	150x	as long as short
RISEx ARB/USDC	+0.0330%	1h	0.2267	+0.050%	$515K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0474%	1h	0.2275	+0.388%	$925K	$2.8M	20x	as long as short