Spread before costs (cost unknown: a leg has no order-book sample)−0.055%
7d average—if it closes, per $10,000$6funding while held, a day−$0.23
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ARB-USDT-SWAP | 0.2389 | 0.0012 | pay 0.0012% / 8h | 1h 30m | $24.9M | $192.6M | 50x |
| Short | gTrade (Gains Network) ARB/USD | 0.2388 | L +0.0005% / S −0.0004% | get 0.0001% / 1h | 30m 43s | $57K | — | 150x |
OKX ARB-USDT-SWAP
gTrade (Gains Network) ARB/USDPrice 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
- −$5.52
- Funding while held
- −$0.23
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$25.75
- Spread needed to break even
- 0.200%
Slippage unknown: OKX: live order book, 5 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0008%
- Per $10,000 a day
- −$0.23
- 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 OKX live order book, 5 min ago | 0.21 bp | 10.0 bp −$10 | 27.8 bp −$278 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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.Injective0.2360cheapestVariational Omni0.2366+0.267%edgeX0.2372+0.507%ApeX Omni0.2376+0.678%Reya0.2383+0.983%Bitget0.2384+1.017%Extended0.2385+1.045%Polymarket Perps0.2386+1.081%RISEx0.2386+1.084%MEXC0.2386+1.089%Pacifica0.2386+1.097%BingX0.2386+1.097%Lighter0.2386+1.119%Orderly0.2387+1.144%Phemex0.2387+1.144%Aster0.2387+1.153%Gate0.2387+1.161%BloFin0.2387+1.165%SoDEX0.2388+1.169%Deribit0.2388+1.178%
Injective
Variational Omni
ApeX Omni
Reya
Bitget
Extended
Polymarket Perps
RISEx
MEXC
Pacifica
BingX
Lighter
Orderly
Phemex
Aster
Gate
BloFin
SoDEX
DeribitgTrade (Gains Network)0.2388+1.181%
dYdX0.2388+1.186%GMX0.2388+1.190%KuCoin0.2388+1.191%HTX0.2388+1.203%Binance0.2388+1.205%Hyperliquid0.2389+1.216%Aevo0.2389+1.229%SunX0.2389+1.229%Bybit0.2389+1.237%
dYdX
GMX
KuCoin
HTX
Binance
Hyperliquid
Aevo
SunX
BybitOKX0.2389+1.237%
Coinbase International0.2390+1.271%Kraken Futures0.2390+1.277%Backpack0.2393+1.411%
Coinbase International
Kraken Futures
BackpackARB on 34 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −1.222% | −0.1516% | 1h | $61K | $248K | 12x | as long as short |
| Variational Omni ARB | −0.959% | +0.0100% | 8h | $2.0M | $3.3M | — | as long as short |
| edgeX ARBUSDC | −0.721% | +0.0100% | 4h | $40K | $463K | 20x | as long as short |
| ApeX Omni ARBUSDT | −0.552% | +0.0100% | 1h | $135K | $274K | 50x | as long as short |
| Reya ARBRUSDPERP | −0.252% | +0.0292% | 1h | $3K | — | 20x | as long as short |
| Bitget ARBUSDT | −0.218% | +0.0100% | 8h | $22.1M | $39.0M | 50x | as long as short |
| Extended ARB-USD | −0.190% | +0.0104% | 1h | $384K | $2.4M | 25x | as long as short |
| Polymarket Perps ARB-USD | −0.155% | +0.0100% | 1h | $64K | $2.7M | 10x | as long as short |
| RISEx ARB/USDC | −0.151% | −0.0049% | 1h | $387K | $3.3M | 10x | as long as short |
| MEXC ARB_USDT | −0.146% | +0.0012% | 8h | $38.3M | $58.7M | 200x | as long as short |
Show all 34 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica ARB | −0.138% | +0.0100% | 1h | $50K | $249K | 10x | as long as short |
| BingX ARB-USDC | −0.138% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Lighter ARB | −0.117% | +0.0224% | 1h | $1.8M | $7.2M | 15x | as long as short |
| Orderly PERP_ARB_USDC | −0.092% | −0.0037% | 8h | $12K | $306K | 10x | as long as short |
| Phemex ARBUSDT | −0.092% | +0.0100% | 8h | $5.9M | $15.3M | 50x | as long as short |
| Aster ARBUSDT | −0.084% | +0.0100% | 8h | $719K | $2.2M | 20x | as long as short |
| Gate ARB_USDT | −0.075% | +0.0100% | 8h | $6.1M | $20.2M | 60x | as long as short |
| BloFin ARB-USDT | −0.071% | +0.0220% | 8h | $3.4M | $3.5M | 75x | as long as short |
| SoDEX ARB-USD | −0.067% | +0.0100% | 1h | $5K | $2.9M | 5x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.059% | 0.0000% | 1h | $39K | $19K | 25x | as long as short |
| gTrade (Gains Network) ARB/USDshort | −0.055% | L +0.0005% / S −0.0004% | 1h | $57K | — | 150x | |
| dYdX ARB-USD | −0.050% | 0.0000% | 1h | $72K | $4K | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | −0.047% | L +0.0255% / S −0.0161% | 1h | $775K | — | 150x | as long as short |
| KuCoin ARBUSDTM | −0.046% | +0.0100% | 8h | $20.3M | $19.5M | 75x | as long as short |
| HTX ARB-USDT | −0.033% | +0.0100% | 8h | $293K | $1.3M | 50x | as long as short |
| Binance ARBUSDT | −0.032% | +0.0100% | 8h | $68.9M | $327.3M | 75x | as long as short |
| Hyperliquid ARB | −0.021% | +0.0519% | 1h | $44.6M | $49.1M | 10x | as long as short |
| Aevo ARB-PERP | −0.008% | +0.0104% | 1h | $159K | $9K | 3x | as long as short |
| SunX ARB-USDT | −0.008% | +0.0100% | 8h | $1K | $1.1M | 30x | as long as short |
| Bybit ARBUSDT | 0.000% | +0.0100% | 8h | $60.4M | $132.3M | 50x | as long as short |
| OKX ARB-USDT-SWAPlong | 0.000% | +0.0012% | 8h | $24.9M | $192.6M | 50x | |
| Coinbase International ARB-PERP-INTX | +0.033% | +0.0520% | 1h | $577K | $2.5M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.040% | +0.0363% | 1h | $1.3M | $4.9M | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.172% | +0.0851% | 1h | $981K | $2.9M | 20x | as long as short |