Funding you earn now, next payment 04:00 UTC+0.0156%/8h= +17.1% APRnext payment +$0.20 per $10,000 · paid last 24h +0.079%
Price spread now: Coinbase International against Pacifica+0.188%7-day average +0.157% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$700.704% of the position
Funding, last 7 days+0.250%+$25 on $10k
+Price spread, last 4 days (all we have)+0.808%+$81 · spread now +0.188%, 7d avg +0.157%
=Together, before fees+1.058%+ Points / potential airdropPacifica: Active · farm board+$106 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 0.031% dearer against Pacifica than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.157%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ARB | 0.2176 | 0.0100 | pay 0.0013% / 1h | 2m 43s | $42K | $160K | 10x |
| Short | Coinbase International ARB-PERP-INTX | 0.2180 | 0.0256 | get 0.0032% / 1h | 2m 43s | $499K | $1.6M | 50x |
Pacifica ARB
Coinbase International ARB-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $32.76
- Price spread: +0.188% → +0.157%
- $3.09
- Slippage, 4 orders
- −$52.37
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$34.52
- Costs to cover
- 0.704%
- Break-even
- 14.4 days
Slippage from Pacifica: live order book, 50 min ago; Coinbase International: live order book, 1 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, 50 min ago | 7.28 bp | 11.9 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 6.89 bp | 18.2 bp −$18 | 37.0 bp −$370 | doesn't fit | 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 | −0.1589% | 1h | 0.2172 | −0.179% | $39K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0190% | 1h | 0.2177 | +0.032% | $71K | $2.1M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0096% | 8h | 0.2175 | −0.060% | $21.7M | $141.6M | 50x | as long as short |
| MEXC ARB_USDT | −0.0096% | 8h | 0.2176 | −0.005% | $41.0M | $61.1M | 200x | as long as short |
| Variational Omni ARB | −0.0090% | 8h | 0.2173 | −0.112% | $1.7M | $3.0M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0063% | 8h | 0.2176 | +0.005% | $13K | $408K | 10x | as long as short |
| Bybit ARBUSDT | −0.0057% | 8h | 0.2174 | −0.069% | $54.4M | $123.6M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0051% | 1h | 0.2178 | +0.103% | $1.0M | $4.4M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0040% | 1h | 0.2175 | −0.041% | $7K | $1K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2176 | −0.015% | $64K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Orderly PERP_ARB_USDC
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
01 Exchange ARBUSD
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2176 | +0.009% | $24K | $31K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2177 | +0.045% | $44K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0006% | 8h | 0.2176 | 0.000% | $5.3M | $18.3M | 60x | as long as short |
| Bitget ARBUSDT | +0.0049% | 8h | 0.2175 | −0.041% | $20.7M | $34.1M | 50x | as long as short |
| BingX ARB-USDC | +0.0061% | 8h | 0.2177 | +0.037% | — | $6.5M | — | as long as short |
| Extended ARB-USD | +0.0064% | 1h | 0.2174 | −0.109% | $347K | $2.6M | 25x | as long as short |
| Binance ARBUSDT | +0.0067% | 8h | 0.2176 | +0.007% | $62.6M | $300.3M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2176 | 0.000% | $1.2M | $5.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2177 | +0.051% | $138K | $7K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2176 | +0.005% | $36.8M | $48.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2177 | +0.048% | $627K | $1.6M | 20x | as long as short |
| Pacifica ARBlong | +0.0100% | 1h | 0.2176 | long leg | $42K | $160K | 10x | |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2176 | +0.014% | $19.4M | $14.5M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2176 | −0.002% | $38K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2176 | +0.005% | $472K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2171 | −0.225% | $117K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2180 | +0.188% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2177 | +0.032% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2178 | +0.087% | $295K | $880K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2177 | +0.051% | $4.9M | $12.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0118% | 1h | 0.2176 | −0.011% | $438K | $2.6M | 10x | as long as short |
| BloFin ARB-USDT | +0.0187% | 8h | 0.2176 | +0.023% | $3.1M | $2.5M | 75x | as long as short |
| Coinbase International ARB-PERP-INTXshort | +0.0256% | 1h | 0.2180 | +0.188% | $499K | $1.6M | 50x | |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0160% | 1h | 0.2177 | +0.040% | $827K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2177 | +0.042% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0580% | 1h | 0.2179 | +0.147% | $978K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Bitget ARBUSDT
BingX ARB-USDC
Extended ARB-USD
Binance ARBUSDT
Lighter ARB
Aevo ARB-PERP
Hyperliquid ARB
Aster ARBUSDT
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
RISEx ARB/USDC
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP