Spread before costs (cost unknown: a leg has no order-book sample)−0.030%
7d average—if it closes, per $10,000$3funding while held, a day−$0.54
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ARB_USDC | 0.2310 | −0.0022 | get 0.0022% / 8h | 2m 26s | $11K | $344K | 10x |
| Short | 01 Exchange ARBUSD | 0.2309 | −0.0040 | pay 0.0005% / 1h | 2m 26s | $7K | $2K | 10x |
Orderly PERP_ARB_USDCPrice 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
- −$3.03
- Funding while held
- −$0.54
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$16.57
- Spread needed to break even
- 0.130%
Slippage unknown: Orderly: no order-book sample; 01 Exchange: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0018%
- Per $10,000 a day
- −$0.54
- 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 01 Exchange no order-book sample | — | — | — | — | — |
Orderly and 01 Exchange: 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.Injective0.2294cheapestApeX Omni0.2298+0.174%Variational Omni0.2305+0.477%edgeX0.2307+0.554%Reya0.2307+0.587%SoDEX0.2308+0.606%Extended0.2308+0.606%Bybit0.2308+0.610%Bitget0.2308+0.610%OKX0.2308+0.623%BingX0.2309+0.641%dYdX0.2309+0.645%Polymarket Perps0.2309+0.650%Coinbase International0.2309+0.654%Phemex0.2309+0.654%Binance0.2309+0.659%Pacifica0.2309+0.660%Gate0.2309+0.667%MEXC0.2309+0.671%Lighter0.2309+0.676%KuCoin0.2310+0.684%GMX0.2310+0.686%Aster0.2310+0.686%BloFin0.2310+0.689%gTrade (Gains Network)0.2310+0.693%
Injective
ApeX Omni
Variational Omni
Reya
SoDEX
Extended
Bybit
Bitget
OKX
BingX
dYdX
Polymarket Perps
Coinbase International
Phemex
Binance
Pacifica
Gate
MEXC
Lighter
KuCoin
GMX
Aster
BloFin
gTrade (Gains Network)Orderly0.2310+0.697%
SunX0.2310+0.697%HTX0.2310+0.697%Kraken Futures0.2311+0.749%RISEx0.2311+0.755%Deribit0.2311+0.759%Hyperliquid0.2312+0.789%Aevo0.2312+0.791%Backpack0.2313+0.824%
SunX
HTX
Kraken Futures
RISEx
Deribit
Hyperliquid
Aevo
BackpackARB on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.693% | −0.1425% | 1h | $59K | $249K | 12x | as long as short |
| ApeX Omni ARBUSDT | −0.519% | +0.0100% | 1h | $129K | $262K | 50x | as long as short |
| Variational Omni ARB | −0.219% | +0.0100% | 8h | $1.9M | $3.3M | — | as long as short |
| edgeX ARBUSDC | −0.143% | +0.0100% | 4h | $40K | $465K | 20x | as long as short |
| Reya ARBRUSDPERP | −0.110% | +0.0292% | 1h | $2K | $695 | 20x | as long as short |
| SoDEX ARB-USD | −0.091% | −0.0011% | 1h | $5K | $2.9M | 5x | as long as short |
| Extended ARB-USD | −0.091% | +0.0104% | 1h | $373K | $2.4M | 25x | as long as short |
| Bybit ARBUSDT | −0.087% | +0.0100% | 8h | $58.7M | $131.2M | 50x | as long as short |
| Bitget ARBUSDT | −0.087% | +0.0100% | 8h | $21.4M | $39.4M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.074% | +0.0025% | 8h | $23.9M | $179.3M | 50x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX ARB-USDT | −0.056% | +0.0100% | 8h | — | $53.3M | — | as long as short |
| dYdX ARB-USD | −0.052% | 0.0000% | 1h | $70K | $4K | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.048% | +0.0100% | 1h | $63K | $2.5M | 10x | as long as short |
| Coinbase International ARB-PERP-INTX | −0.043% | +0.0520% | 1h | $526K | $2.5M | 50x | as long as short |
| Phemex ARBUSDT | −0.043% | +0.0100% | 8h | $5.8M | $14.6M | 50x | as long as short |
| Binance ARBUSDT | −0.039% | +0.0100% | 8h | $65.7M | $324.1M | 75x | as long as short |
| Pacifica ARB | −0.037% | +0.0100% | 1h | $49K | $228K | 10x | as long as short |
| 01 Exchange ARBUSDshort | −0.030% | −0.0040% | 1h | $7K | $2K | 10x | |
| Gate ARB_USDT | −0.030% | +0.0100% | 8h | $5.5M | $21.5M | 60x | as long as short |
| MEXC ARB_USDT | −0.026% | +0.0026% | 8h | $36.1M | $61.8M | 200x | as long as short |
| Lighter ARB | −0.022% | +0.0096% | 1h | $1.6M | $7.3M | 15x | as long as short |
| KuCoin ARBUSDTM | −0.013% | +0.0100% | 8h | $20.5M | $18.4M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | −0.012% | L +0.0264% / S −0.0179% | 1h | $736K | — | 150x | as long as short |
| Aster ARBUSDT | −0.011% | +0.0100% | 8h | $705K | $2.2M | 20x | as long as short |
| BloFin ARB-USDT | −0.009% | +0.0220% | 8h | $3.2M | $3.2M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | −0.004% | L +0.0005% / S −0.0005% | 1h | $34K | — | 150x | as long as short |
| Orderly PERP_ARB_USDClong | 0.000% | −0.0022% | 8h | $11K | $344K | 10x | |
| SunX ARB-USDT | 0.000% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | 0.000% | +0.0100% | 8h | $281K | $1.2M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.051% | +0.0438% | 1h | $1.1M | $4.9M | 50x | as long as short |
| RISEx ARB/USDC | +0.057% | +0.0037% | 1h | $422K | $3.3M | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | +0.061% | 0.0000% | 1h | $40K | $16K | 25x | as long as short |
| Hyperliquid ARB | +0.091% | +0.0282% | 1h | $42.3M | $49.6M | 10x | as long as short |
| Aevo ARB-PERP | +0.093% | +0.0104% | 1h | $154K | $9K | 3x | as long as short |
| Backpack ARB_USDC_PERP | +0.126% | +0.0653% | 1h | $989K | $3.0M | 20x | as long as short |