Funding you earn now, next payment 00:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.013%
Price spread now: Binance against Pacifica+0.365%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2as in the Price arb table
costs, in and out, $10k−$400.399% of the position
Funding, last 7 days−0.131%−$13 on $10k
+Price spread, last 4 days (all we have)−0.483%−$48 · spread now +0.365%, 7d avg −0.014%
=Together, before fees−0.614%+ Points / potential airdropPacifica: Active · farm board−$61 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.379% dearer against Pacifica than usual: you sell high and buy low (spread +0.365% now, against its 7-day average of −0.014%): +$38 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 13 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ARB | 0.2290 | 0.0100 | pay 0.0013% / 1h | 51m 11s | $47K | $193K | 10x |
| Short | Binance ARBUSDT | 0.2298 | 0.0004 | get 0.0004% / 8h | 51m 11s | $66.3M | $314.1M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Pacifica. 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
- −$20.18
- Price spread: +0.365% → −0.014%
- $37.89
- Slippage, 4 orders
- −$21.92
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$22.21
- Costs to cover
- 0.399%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 27 min ago; Binance: live order book, 7 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 Pacifica live order book, 27 min ago | 6.25 bp | 10.5 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.22 bp | 8.0 bp −$8 | 21.0 bp −$210 | 56.0 bp −$5,600 | 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 | −0.1785% | 1h | 0.2272 | −0.787% | $41K | $372K | 12x | as long as short |
| Variational Omni ARB | −0.0179% | 8h | 0.2263 | −1.178% | $1.9M | $2.7M | — | as long as short |
| 01 Exchange ARBUSD | −0.0176% | 1h | 0.2293 | +0.117% | $7K | $2K | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0175% | 1h | 0.2293 | +0.134% | $78K | $2.0M | 10x | as long as short |
| Bybit ARBUSDT | −0.0158% | 8h | 0.2298 | +0.339% | $59.4M | $129.5M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0102% | 8h | 0.2297 | +0.304% | $23.2M | $162.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0101% | 8h | 0.2294 | +0.191% | $38.2M | $59.2M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0040% | 8h | 0.2295 | +0.217% | $13K | $398K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2292 | +0.068% | $68K | $4K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2294 | +0.185% | $365K | $2.3M | 25x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2296 | +0.269% | $26K | $32K | 25x | as long as short |
| Binance ARBUSDTshort | +0.0004% | 8h | 0.2298 | +0.365% | $66.3M | $314.1M | 75x | |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2296 | +0.282% | $57K | — | 150x | as long as short |
| BloFin ARB-USDT | +0.0016% | 8h | 0.2296 | +0.283% | $3.1M | $2.8M | 75x | as long as short |
| SoDEX ARB-USD | +0.0017% | 1h | 0.2296 | +0.256% | $4K | $2.7M | 5x | as long as short |
| Gate ARB_USDT | +0.0030% | 8h | 0.2295 | +0.204% | $5.5M | $20.0M | 60x | as long as short |
| Bitget ARBUSDT | +0.0067% | 8h | 0.2295 | +0.217% | $21.8M | $36.7M | 50x | as long as short |
| BingX ARB-USDT | +0.0067% | 8h | 0.2294 | +0.195% | — | $53.3M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2297 | +0.290% | $150K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2298 | +0.361% | $1.4M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2297 | +0.296% | $41.6M | $47.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2295 | +0.227% | $714K | $1.6M | 20x | as long as short |
| Pacifica ARBlong | +0.0100% | 1h | 0.2290 | long leg | $47K | $193K | 10x | |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2294 | +0.173% | $20.2M | $16.3M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2269 | −0.916% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2270 | −0.875% | $493K | $3.7M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2284 | −0.263% | $123K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2298 | +0.348% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2296 | +0.261% | $294K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2296 | +0.261% | $5.3M | $13.3M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2296 | +0.261% | $516K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0233% | 1h | 0.2298 | +0.332% | $1.2M | $4.9M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2296 | +0.266% | $860K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2292 | +0.100% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2295 | +0.221% | $558K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0560% | 1h | 0.2285 | −0.233% | $899K | $2.8M | 20x | as long as short |
Pacifica ARB
Binance ARBUSDT
Injective ARB/USDC PERP
Variational Omni ARB
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Extended ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
BloFin ARB-USDT
SoDEX ARB-USD
Gate ARB_USDT
Bitget ARBUSDT
BingX ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
Kraken Futures PF_ARBUSD
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP