Funding you earn now, next payment 08:00 UTC+0.0184%/8h= +20.1% APRnext payment +$1.84 per $10,000 · paid last 24h +0.046%
Price spread now: SunX against OKX+0.069%7-day average +0.136% · you sell dearer than you buy
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$182as in the Price arb table
costs, in and out, $10k−$1761.757% of the position
Funding, last 7 days+0.218%+$22 on $10k
+Price spread, last 4 days (all we have)+0.368%+$37 · spread now +0.069%, 7d avg +0.136%
=Funding pays, the price is against you. SunX is 0.068% cheaper against OKX than usual: you would sell low and buy high (spread +0.069% now, against its 7-day average of +0.136%). If the spread goes back, that is −$7 on $10k: about 29 hours of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ARB-USDT-SWAP | 0.2183 | −0.0084 | get 0.0084% / 8h | 37m 40s | $21.9M | $144.2M | 50x |
| Short | SunX ARB-USDT | 0.2185 | 0.0100 | get 0.0100% / 8h | 37m 40s | $1K | $1.1M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $38.55
- Price spread: +0.069% → +0.136%
- −$6.76
- Slippage, 4 orders
- −$157.73
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$143.93
- Costs to cover
- 1.757%
- Break-even
- 33.1 days
Slippage from OKX: live order book, 1 min ago; SunX: live order book, 5 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, 1 min ago | 0.23 bp | 7.8 bp −$8 | 21.1 bp −$211 | doesn't fit | doesn't fit |
| Sell SunX live order book, 5 min ago | 31.92 bp | 93.8 bp −$94 | doesn't fit | 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 | −0.1612% | 1h | 0.2173 | −0.481% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0160% | 1h | 0.2179 | −0.215% | $7K | $236 | 10x | as long as short |
| OKX ARB-USDT-SWAPlong | −0.0084% | 8h | 0.2183 | long leg | $21.9M | $144.2M | 50x | |
| MEXC ARB_USDT | −0.0083% | 8h | 0.2185 | +0.050% | $42.9M | $61.9M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0042% | 8h | 0.2182 | −0.069% | $13K | $404K | 10x | as long as short |
| SoDEX ARB-USD | −0.0037% | 1h | 0.2182 | −0.055% | $9K | $2.2M | 5x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0025% | 1h | 0.2183 | −0.027% | $28K | $38K | 25x | as long as short |
| Polymarket Perps ARB-USD | −0.0016% | 1h | 0.2183 | −0.032% | $70K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0008% | 8h | 0.2188 | +0.221% | $1.8M | $3.0M | — | as long as short |
| Extended ARB-USD | −0.0008% | 1h | 0.2183 | −0.031% | $349K | $3.1M | 25x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | −0.0007% | 8h | 0.2184 | +0.032% | $62.5M | $300.5M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2185 | +0.049% | $65K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2183 | −0.003% | $44K | — | 150x | as long as short |
| Bybit ARBUSDT | +0.0006% | 8h | 0.2183 | −0.005% | $53.4M | $125.9M | 50x | as long as short |
| Gate ARB_USDT | +0.0020% | 8h | 0.2184 | +0.009% | $5.4M | $18.3M | 60x | as long as short |
| BloFin ARB-USDT | +0.0065% | 8h | 0.2184 | +0.014% | $3.0M | $2.3M | 75x | as long as short |
| RISEx ARB/USDC | +0.0069% | 1h | 0.2182 | −0.084% | $492K | $2.6M | 10x | as long as short |
| BingX ARB-USDT | +0.0080% | 8h | 0.2183 | −0.009% | — | $33.1M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2185 | +0.075% | $139K | $7K | 3x | as long as short |
| Bitget ARBUSDT | +0.0083% | 8h | 0.2183 | −0.023% | $21.1M | $34.6M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0093% | 1h | 0.2184 | +0.010% | $1.1M | $4.4M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2184 | +0.018% | $1.2M | $5.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2183 | −0.023% | $36.8M | $49.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2183 | −0.029% | $631K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2185 | +0.050% | $42K | $147K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2185 | +0.055% | $19.4M | $14.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2188 | +0.224% | $39K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2190 | +0.298% | $469K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2190 | +0.298% | $118K | $279K | 50x | as long as short |
| SunX ARB-USDTshort | +0.0100% | 8h | 0.2185 | +0.069% | $1K | $1.1M | 30x | |
| HTX ARB-USDT | +0.0100% | 8h | 0.2185 | +0.078% | $292K | $835K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2184 | +0.023% | $4.8M | $12.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2183 | −0.027% | $824K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2182 | −0.054% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2186 | +0.114% | $523K | $1.5M | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0637% | 1h | 0.2185 | +0.064% | $985K | $2.9M | 20x | as long as short |
OKX ARB-USDT-SWAP
SunX ARB-USDT
Injective ARB/USDC PERP
01 Exchange ARBUSD
MEXC ARB_USDT
SoDEX ARB-USD
Deribit ARB_USDC-PERPETUAL
Polymarket Perps ARB-USD
Variational Omni ARB
Extended ARB-USD
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
Bybit ARBUSDT
Gate ARB_USDT
BloFin ARB-USDT
RISEx ARB/USDC
BingX ARB-USDT
Bitget ARBUSDT
Kraken Futures PF_ARBUSD
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP