Settings8H · net · $10k
Funding arb · Price arb /

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.586%+$59 on $10k · with fees, hour by hour
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ARB-USDT-SWAP0.2183−0.0084get 0.0084% / 8h37m 40s$21.9M$144.2M50x
ShortSunX ARB-USDT0.21850.0100get 0.0100% / 8h37m 40s$1K$1.1M30x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 1 min ago0.23 bp7.8 bp −$821.1 bp −$211doesn't fitdoesn't fit
Sell SunX live order book, 5 min ago31.92 bp93.8 bp −$94doesn't fitdoesn't fitdoesn't fit

ARB on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1612%1h0.2173−0.481%$39K$372K12xas long as short
01 Exchange ARBUSD−0.0160%1h0.2179−0.215%$7K$23610xas long as short
OKX ARB-USDT-SWAPlong−0.0084%8h0.2183long leg$21.9M$144.2M50x
MEXC ARB_USDT−0.0083%8h0.2185+0.050%$42.9M$61.9M200xas long as short
Orderly PERP_ARB_USDC−0.0042%8h0.2182−0.069%$13K$404K10xas long as short
SoDEX ARB-USD−0.0037%1h0.2182−0.055%$9K$2.2M5xas long as short
Deribit ARB_USDC-PERPETUAL−0.0025%1h0.2183−0.027%$28K$38K25xas long as short
Polymarket Perps ARB-USD−0.0016%1h0.2183−0.032%$70K$2.1M10xas long as short
Variational Omni ARB−0.0008%8h0.2188+0.221%$1.8M$3.0Mas long as short
Extended ARB-USD−0.0008%1h0.2183−0.031%$349K$3.1M25xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ARBUSDT−0.0007%8h0.2184+0.032%$62.5M$300.5M75xas long as short
dYdX ARB-USD0.0000%1h0.2185+0.049%$65K$5K10xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0009%1h0.2183−0.003%$44K150xas long as short
Bybit ARBUSDT+0.0006%8h0.2183−0.005%$53.4M$125.9M50xas long as short
Gate ARB_USDT+0.0020%8h0.2184+0.009%$5.4M$18.3M60xas long as short
BloFin ARB-USDT+0.0065%8h0.2184+0.014%$3.0M$2.3M75xas long as short
RISEx ARB/USDC+0.0069%1h0.2182−0.084%$492K$2.6M10xas long as short
BingX ARB-USDT+0.0080%8h0.2183−0.009%$33.1Mas long as short
Aevo ARB-PERP+0.0080%1h0.2185+0.075%$139K$7K3xas long as short
Bitget ARBUSDT+0.0083%8h0.2183−0.023%$21.1M$34.6M50xas long as short
Kraken Futures PF_ARBUSD+0.0093%1h0.2184+0.010%$1.1M$4.4M50xas long as short
Lighter ARB+0.0096%1h0.2184+0.018%$1.2M$5.4M15xas long as short
Hyperliquid ARB+0.0100%1h0.2183−0.023%$36.8M$49.4M10xas long as short
Aster ARBUSDT+0.0100%8h0.2183−0.029%$631K$1.7M20xas long as short
Pacifica ARB+0.0100%1h0.2185+0.050%$42K$147K10xas long as short
KuCoin ARBUSDTM+0.0100%8h0.2185+0.055%$19.4M$14.0M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2188+0.224%$39K$463K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2190+0.298%$469K$3.6M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2190+0.298%$118K$279K50xas long as short
SunX ARB-USDTshort+0.0100%8h0.2185+0.069%$1K$1.1M30x
HTX ARB-USDT+0.0100%8h0.2185+0.078%$292K$835K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2184+0.023%$4.8M$12.8M50xas long as short
GMX ARB/USD [ARB-USDC]L +0.0276% / S −0.0158%1h0.2183−0.027%$824K150xas long as short
Reya ARBRUSDPERP+0.0288%1h0.2182−0.054%$2K$69520xas long as short
Coinbase International ARB-PERP-INTX+0.0336%1h0.2186+0.114%$523K$1.5M50xas long as short
Backpack ARB_USDC_PERP+0.0637%1h0.2185+0.064%$985K$2.9M20xas long as short