Spread before costs (cost unknown: a leg has no order-book sample)−0.082%
7d average−0.117%if it closes, per $10,000$8funding while held, a day+$3.94
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ARB_USDC | 0.2355 | −0.0027 | get 0.0027% / 8h | 48m 18s | $12K | $321K | 10x |
| Short | Extended ARB-USD | 0.2353 | 0.0104 | get 0.0013% / 1h | 48m 18s | $385K | $2.4M | 25x |
Orderly PERP_ARB_USDC
Extended 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
- −$8.21
- Funding while held
- $3.94
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$15.27
- Spread needed to break even
- 0.110%
Slippage unknown: Orderly: no order-book sample; Extended: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0131%
- Per $10,000 a day
- +$3.94
- 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 2 min ago | 14.79 bp | 17.3 bp −$17 | 72.8 bp −$728 | doesn't fit | doesn't fit |
Orderly: 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.Bitget0.2353cheapest
BitgetExtended0.2353+0.003%
SoDEX0.2353+0.013%Bybit0.2354+0.051%Deribit0.2354+0.055%Binance0.2355+0.068%OKX0.2355+0.072%MEXC0.2355+0.076%
SoDEX
Bybit
Deribit
Binance
OKX
MEXCOrderly0.2355+0.085%
KuCoin0.2355+0.089%Kraken Futures0.2356+0.126%Aevo0.2356+0.127%Phemex0.2356+0.127%BingX0.2356+0.140%Lighter0.2356+0.144%gTrade (Gains Network)0.2357+0.159%HTX0.2357+0.166%GMX0.2357+0.167%Variational Omni0.2359+0.249%Gate0.2359+0.251%Reya0.2360+0.283%Injective0.2361+0.340%Polymarket Perps0.2361+0.348%01 Exchange0.2361+0.353%RISEx0.2362+0.368%dYdX0.2362+0.369%Pacifica0.2362+0.379%Coinbase International0.2362+0.382%Aster0.2363+0.410%SunX0.2363+0.425%Hyperliquid0.2366+0.548%edgeX0.2366+0.567%ApeX Omni0.2368+0.637%BloFin0.2368+0.646%Backpack0.2372+0.816%
KuCoin
Kraken Futures
Aevo
Phemex
BingX
Lighter
gTrade (Gains Network)
HTX
GMX
Variational Omni
Gate
Reya
Injective
Polymarket Perps
RISEx
dYdX
Pacifica
Coinbase International
Aster
SunX
Hyperliquid
ApeX Omni
BloFin
BackpackARB on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget ARBUSDT | −0.085% | +0.0100% | 8h | $21.9M | $38.6M | 50x | as long as short |
| Extended ARB-USDshort | −0.082% | +0.0104% | 1h | $385K | $2.4M | 25x | |
| SoDEX ARB-USD | −0.072% | +0.0100% | 1h | $4K | $2.8M | 5x | as long as short |
| Bybit ARBUSDT | −0.034% | +0.0100% | 8h | $60.2M | $128.6M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.030% | −0.0047% | 1h | $40K | $15K | 25x | as long as short |
| Binance ARBUSDT | −0.017% | +0.0100% | 8h | $67.4M | $321.5M | 75x | as long as short |
| OKX ARB-USDT-SWAP | −0.013% | +0.0034% | 8h | $24.6M | $182.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.008% | +0.0035% | 8h | $34.7M | $58.8M | 200x | as long as short |
| Orderly PERP_ARB_USDClong | 0.000% | −0.0027% | 8h | $12K | $321K | 10x | |
| KuCoin ARBUSDTM | +0.004% | +0.0100% | 8h | $20.5M | $18.6M | 75x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARBUSD | +0.041% | +0.0430% | 1h | $1.3M | $4.6M | 50x | as long as short |
| Aevo ARB-PERP | +0.042% | +0.0104% | 1h | $157K | $9K | 3x | as long as short |
| Phemex ARBUSDT | +0.042% | +0.0100% | 8h | $5.9M | $14.8M | 50x | as long as short |
| BingX ARB-USDC | +0.055% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Lighter ARB | +0.059% | +0.0096% | 1h | $1.8M | $7.1M | 15x | as long as short |
| gTrade (Gains Network) ARB/USD | +0.074% | L +0.0005% / S −0.0004% | 1h | $57K | — | 150x | as long as short |
| HTX ARB-USDT | +0.081% | +0.0100% | 8h | $291K | $1.2M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | +0.082% | L +0.0261% / S −0.0174% | 1h | $758K | — | 150x | as long as short |
| Variational Omni ARB | +0.164% | +0.0100% | 8h | $2.0M | $3.3M | — | as long as short |
| Gate ARB_USDT | +0.166% | +0.0100% | 8h | $6.0M | $20.3M | 60x | as long as short |
| Reya ARBRUSDPERP | +0.198% | +0.0292% | 1h | $3K | — | 20x | as long as short |
| Injective ARB/USDC PERP | +0.255% | −0.1425% | 1h | $61K | $248K | 12x | as long as short |
| Polymarket Perps ARB-USD | +0.263% | +0.0100% | 1h | $63K | $2.6M | 10x | as long as short |
| 01 Exchange ARBUSD | +0.268% | −0.0008% | 1h | $8K | $3K | 10x | as long as short |
| RISEx ARB/USDC | +0.282% | +0.0037% | 1h | $476K | $3.3M | 10x | as long as short |
| dYdX ARB-USD | +0.284% | 0.0000% | 1h | $71K | $4K | 10x | as long as short |
| Pacifica ARB | +0.293% | +0.0100% | 1h | $49K | $233K | 10x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.297% | +0.0520% | 1h | $536K | $2.5M | 50x | as long as short |
| Aster ARBUSDT | +0.325% | +0.0100% | 8h | $714K | $2.2M | 20x | as long as short |
| SunX ARB-USDT | +0.340% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| Hyperliquid ARB | +0.463% | +0.0554% | 1h | $44.9M | $47.9M | 10x | as long as short |
| edgeX ARBUSDC | +0.482% | +0.0100% | 4h | $40K | $463K | 20x | as long as short |
| ApeX Omni ARBUSDT | +0.552% | +0.0076% | 1h | $133K | $263K | 50x | as long as short |
| BloFin ARB-USDT | +0.561% | +0.0220% | 8h | $3.3M | $3.3M | 75x | as long as short |
| Backpack ARB_USDC_PERP | +0.730% | +0.0912% | 1h | $993K | $3.0M | 20x | as long as short |