Spread before costs (cost unknown: a leg has no order-book sample)+0.729%
7d average−0.020%if it closes, per $10,000$73funding while held, a day+$3.90
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ARB_USDC | 0.2342 | −0.0030 | get 0.0030% / 8h | 56m 23s | $12K | $315K | 10x |
| Short | Variational Omni ARB | 0.2359 | 0.0100 | get 0.0100% / 8h | 56m 23s | $2.0M | $3.4M | — |
Orderly PERP_ARB_USDC
Variational Omni ARBPrice 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
- $72.95
- Funding while held
- $3.9
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $70.84
- Spread needed to break even
- 0.060%
Slippage unknown: Orderly: no order-book sample; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0130%
- Per $10,000 a day
- +$3.90
- 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 Variational Omni RFQ quote, 4 min ago | 6.37 bp | doesn't fit | 23.4 bp −$234 | 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.ApeX Omni0.2341cheapest
ApeX OmniOrderly0.2342+0.043%
HTX0.2343+0.064%Phemex0.2343+0.085%SoDEX0.2343+0.098%GMX0.2344+0.117%Aevo0.2344+0.129%Deribit0.2344+0.145%BloFin0.2344+0.145%Coinbase International0.2345+0.171%edgeX0.2345+0.191%BingX0.2346+0.196%Kraken Futures0.2346+0.199%Extended0.2346+0.207%Aster0.2346+0.217%SunX0.2347+0.256%Pacifica0.2348+0.282%Gate0.2348+0.295%dYdX0.2348+0.309%01 Exchange0.2349+0.329%Backpack0.2349+0.333%Bitget0.2349+0.342%Binance0.2350+0.382%RISEx0.2350+0.386%Reya0.2350+0.400%MEXC0.2351+0.406%Bybit0.2351+0.427%Lighter0.2351+0.431%OKX0.2351+0.440%KuCoin0.2352+0.466%Polymarket Perps0.2352+0.478%gTrade (Gains Network)0.2352+0.487%Hyperliquid0.2356+0.628%Injective0.2356+0.641%
HTX
Phemex
SoDEX
GMX
Aevo
Deribit
BloFin
Coinbase International
BingX
Kraken Futures
Extended
Aster
SunX
Pacifica
Gate
dYdX
Backpack
Bitget
Binance
RISEx
Reya
MEXC
Bybit
Lighter
OKX
KuCoin
Polymarket Perps
gTrade (Gains Network)
Hyperliquid
InjectiveVariational Omni0.2359+0.773%
ARB on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni ARBUSDT | −0.043% | +0.0100% | 1h | $131K | $272K | 50x | as long as short |
| Orderly PERP_ARB_USDClong | 0.000% | −0.0030% | 8h | $12K | $315K | 10x | |
| HTX ARB-USDT | +0.021% | +0.0100% | 8h | $288K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.043% | +0.0100% | 8h | $5.8M | $14.8M | 50x | as long as short |
| SoDEX ARB-USD | +0.056% | +0.0096% | 1h | $4K | $2.9M | 5x | as long as short |
| GMX ARB/USD [ARB-USDC] | +0.074% | L +0.0272% / S −0.0187% | 1h | $807K | — | 150x | as long as short |
| Aevo ARB-PERP | +0.086% | +0.0104% | 1h | $156K | $9K | 3x | as long as short |
| Deribit ARB_USDC-PERPETUAL | +0.102% | 0.0000% | 1h | $39K | $19K | 25x | as long as short |
| BloFin ARB-USDT | +0.102% | +0.0220% | 8h | $3.3M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.128% | +0.0520% | 1h | $535K | $2.5M | 50x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX ARBUSDC | +0.149% | +0.0100% | 4h | $40K | $461K | 20x | as long as short |
| BingX ARB-USDC | +0.154% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Kraken Futures PF_ARBUSD | +0.156% | +0.0432% | 1h | $1.3M | $4.6M | 50x | as long as short |
| Extended ARB-USD | +0.164% | +0.0104% | 1h | $379K | $2.4M | 25x | as long as short |
| Aster ARBUSDT | +0.174% | +0.0100% | 8h | $710K | $2.2M | 20x | as long as short |
| SunX ARB-USDT | +0.213% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| Pacifica ARB | +0.239% | +0.0100% | 1h | $49K | $239K | 10x | as long as short |
| Gate ARB_USDT | +0.252% | +0.0100% | 8h | $6.0M | $20.2M | 60x | as long as short |
| dYdX ARB-USD | +0.266% | 0.0000% | 1h | $71K | $4K | 10x | as long as short |
| 01 Exchange ARBUSD | +0.286% | +0.0024% | 1h | $8K | $3K | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.290% | +0.0502% | 1h | $979K | $3.0M | 20x | as long as short |
| Bitget ARBUSDT | +0.299% | +0.0100% | 8h | $21.8M | $38.3M | 50x | as long as short |
| Binance ARBUSDT | +0.339% | +0.0100% | 8h | $67.1M | $320.8M | 75x | as long as short |
| RISEx ARB/USDC | +0.343% | +0.0037% | 1h | $463K | $3.3M | 10x | as long as short |
| Reya ARBRUSDPERP | +0.357% | +0.0292% | 1h | $3K | — | 20x | as long as short |
| MEXC ARB_USDT | +0.363% | +0.0036% | 8h | $33.9M | $58.1M | 200x | as long as short |
| Bybit ARBUSDT | +0.384% | +0.0100% | 8h | $59.6M | $128.3M | 50x | as long as short |
| Lighter ARB | +0.389% | +0.0104% | 1h | $1.8M | $7.1M | 15x | as long as short |
| OKX ARB-USDT-SWAP | +0.397% | +0.0036% | 8h | $24.6M | $182.3M | 50x | as long as short |
| KuCoin ARBUSDTM | +0.423% | +0.0100% | 8h | $20.4M | $18.7M | 75x | as long as short |
| Polymarket Perps ARB-USD | +0.436% | +0.0100% | 1h | $66K | $2.6M | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | +0.444% | L +0.0005% / S −0.0004% | 1h | $57K | — | 150x | as long as short |
| Hyperliquid ARB | +0.585% | +0.0408% | 1h | $44.4M | $48.2M | 10x | as long as short |
| Injective ARB/USDC PERP | +0.598% | −0.1425% | 1h | $60K | $248K | 12x | as long as short |
| Variational Omni ARBshort | +0.729% | +0.0100% | 8h | $2.0M | $3.4M | — |