ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0295%/8h= −32.3% APRnext payment −$0.37 per $10,000 · paid last 24h −0.046%

Price spread now: Deribit against Pacifica+0.040%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Pacifica Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

The price spread pays, funding is against you. Deribit is 0.040% dearer against Pacifica than usual: you sell high and buy low (spread +0.040% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 11 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ARB	0.2243	0.0100	pay 0.0013% / 1h	22m 02s	$47K	$200K	10x
Short	Deribit ARB_USDC-PERPETUAL	0.2244	−0.0195	pay 0.0024% / 1h	22m 02s	$38K	$20K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Pacifica. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PacificabpFee DeribitbpOrdersPrice spread, now +0.040%Rate

Funding earned: −$61.95
Price spread: +0.040% → 0.000%: $4.01
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$72.94
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 1 min ago; Deribit: no order-book sample. Net counts fees only.

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, 1 min ago	7.80 bp	12.4 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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 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	−0.1675%	1h	0.2232	−0.508%	$40K	$197K	12x	as long as short
01 Exchange ARBUSD	−0.0288%	1h	0.2242	−0.080%	$7K	$2K	10x	as long as short
Deribit ARB_USDC-PERPETUALshort	−0.0195%	1h	0.2244	+0.040%	$38K	$20K	25x
Variational Omni ARB	−0.0169%	8h	0.2250	+0.295%	$1.9M	$2.8M	—	as long as short
Bybit ARBUSDT	−0.0164%	8h	0.2240	−0.143%	$56.3M	$135.9M	50x	as long as short
SoDEX ARB-USD	−0.0115%	1h	0.2243	−0.027%	$4K	$2.9M	5x	as long as short
OKX ARB-USDT-SWAP	−0.0096%	8h	0.2238	−0.223%	$22.3M	$165.0M	50x	as long as short
MEXC ARB_USDT	−0.0095%	8h	0.2243	−0.031%	$37.4M	$63.7M	200x	as long as short
Kraken Futures PF_ARBUSD	−0.0053%	1h	0.2245	+0.056%	$1.1M	$5.2M	50x	as long as short
Polymarket Perps ARB-USD	−0.0023%	1h	0.2244	+0.018%	$77K	$2.2M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ARB_USDC	−0.0017%	8h	0.2244	+0.027%	$11K	$388K	10x	as long as short
Binance ARBUSDT	−0.0003%	8h	0.2241	−0.119%	$63.7M	$324.7M	75x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2243	−0.022%	$66K	$4K	10x	as long as short
Extended ARB-USD	0.0000%	1h	0.2243	−0.030%	$357K	$2.4M	25x	as long as short
BloFin ARB-USDT	+0.0001%	8h	0.2240	−0.134%	$3.0M	$3.3M	75x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2245	+0.068%	$56K	—	150x	as long as short
Gate ARB_USDT	+0.0008%	8h	0.2242	−0.049%	$5.5M	$21.6M	60x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2244	+0.032%	$147K	$12K	3x	as long as short
Bitget ARBUSDT	+0.0086%	8h	0.2240	−0.152%	$21.0M	$38.4M	50x	as long as short
BingX ARB-USDT	+0.0086%	8h	0.2240	−0.138%	—	$54.0M	—	as long as short
Lighter ARB	+0.0096%	1h	0.2244	+0.009%	$1.3M	$7.7M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2244	+0.018%	$40.1M	$52.8M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2242	−0.053%	$697K	$1.8M	20x	as long as short
Pacifica ARBlong	+0.0100%	1h	0.2243	long leg	$47K	$200K	10x
KuCoin ARBUSDTM	+0.0100%	8h	0.2245	+0.058%	$20.7M	$17.0M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2250	+0.284%	$40K	$454K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2250	+0.295%	$485K	$4.1M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2251	+0.339%	$122K	$297K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2244	+0.027%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2243	−0.036%	$276K	$1.2M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2241	−0.107%	$5.3M	$13.7M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0154% / S −0.0018%	1h	0.2245	+0.090%	$851K	—	150x	as long as short
Coinbase International ARB-PERP-INTX	+0.0288%	1h	0.2244	+0.027%	$500K	$2.5M	50x	as long as short
Reya ARBRUSDPERP	+0.0291%	1h	0.2243	−0.004%	$2K	$695	20x	as long as short
RISEx ARB/USDC	+0.0546%	1h	0.2245	+0.065%	$494K	$2.9M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0562%	1h	0.2246	+0.098%	$1.1M	$2.7M	20x	as long as short