Spread before costs (cost unknown: a leg has no order-book sample)−0.164%
7d average+0.042%if it closes, per $10,000$16funding while held, a day+$2.61
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ARB | 0.2348 | 0.0100 | pay 0.0013% / 1h | 56m 40s | $49K | $239K | 10x |
| Short | GMX ARB/USD [ARB-USDC] | 0.2344 | L +0.0272% / S −0.0187% | get 0.0023% / 1h | 56m 40s | $807K | — | 150x |
Price 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
- −$16.44
- Funding while held
- $2.61
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$33.84
- Spread needed to break even
- 0.200%
Slippage unknown: Pacifica: live order book, 58 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0087%
- Per $10,000 a day
- +$2.61
- 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 Pacifica live order book, 58 min ago | 8.86 bp | 19.9 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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.ARB on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya ARBRUSDPERP | −0.359% | +0.0292% | 1h | $3K | — | 20x | as long as short |
| Polymarket Perps ARB-USD | −0.298% | +0.0052% | 1h | $63K | $2.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | −0.281% | +0.0100% | 1h | $131K | $272K | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.238% | −0.0030% | 8h | $12K | $315K | 10x | as long as short |
| HTX ARB-USDT | −0.217% | +0.0100% | 8h | $288K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | −0.196% | +0.0100% | 8h | $5.8M | $14.8M | 50x | as long as short |
| SoDEX ARB-USD | −0.183% | +0.0096% | 1h | $4K | $2.9M | 5x | as long as short |
| gTrade (Gains Network) ARB/USD | −0.177% | L +0.0005% / S −0.0004% | 1h | $56K | — | 150x | as long as short |
| GMX ARB/USD [ARB-USDC]short | −0.164% | L +0.0272% / S −0.0187% | 1h | $807K | — | 150x | |
| Aevo ARB-PERP | −0.152% | +0.0104% | 1h | $156K | $9K | 3x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | −0.136% | 0.0000% | 1h | $39K | $19K | 25x | as long as short |
| BloFin ARB-USDT | −0.136% | +0.0220% | 8h | $3.3M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | −0.110% | +0.0520% | 1h | $535K | $2.5M | 50x | as long as short |
| edgeX ARBUSDC | −0.090% | +0.0100% | 4h | $40K | $461K | 20x | as long as short |
| Kraken Futures PF_ARBUSD | −0.083% | +0.0432% | 1h | $1.3M | $4.6M | 50x | as long as short |
| Extended ARB-USD | −0.075% | +0.0104% | 1h | $379K | $2.4M | 25x | as long as short |
| Bitget ARBUSDT | −0.068% | +0.0100% | 8h | $21.8M | $38.3M | 50x | as long as short |
| Aster ARBUSDT | −0.058% | +0.0100% | 8h | $710K | $2.2M | 20x | as long as short |
| BingX ARB-USDT | −0.051% | +0.0100% | 8h | — | $53.5M | — | as long as short |
| Bybit ARBUSDT | −0.046% | +0.0100% | 8h | $59.5M | $128.3M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.038% | +0.0036% | 8h | $24.6M | $181.9M | 50x | as long as short |
| SunX ARB-USDT | −0.025% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| Binance ARBUSDT | −0.010% | +0.0100% | 8h | $67.0M | $321.3M | 75x | as long as short |
| MEXC ARB_USDT | −0.004% | +0.0036% | 8h | $33.9M | $58.0M | 200x | as long as short |
| Pacifica ARBlong | 0.000% | +0.0100% | 1h | $49K | $239K | 10x | |
| Gate ARB_USDT | +0.013% | +0.0100% | 8h | $6.0M | $20.2M | 60x | as long as short |
| dYdX ARB-USD | +0.027% | 0.0000% | 1h | $71K | $4K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.035% | +0.0100% | 8h | $20.4M | $19.0M | 75x | as long as short |
| 01 Exchange ARBUSD | +0.047% | +0.0024% | 1h | $8K | $3K | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.052% | +0.0502% | 1h | $979K | $3.0M | 20x | as long as short |
| Hyperliquid ARB | +0.086% | +0.0381% | 1h | $44.3M | $48.2M | 10x | as long as short |
| RISEx ARB/USDC | +0.104% | +0.0037% | 1h | $463K | $3.3M | 10x | as long as short |
| Lighter ARB | +0.150% | +0.0104% | 1h | $1.8M | $7.1M | 15x | as long as short |
| Injective ARB/USDC PERP | +0.358% | −0.1425% | 1h | $60K | $248K | 12x | as long as short |
| Variational Omni ARB | +0.490% | +0.0100% | 8h | $2.0M | $3.4M | — | as long as short |
Pacifica ARB
GMX ARB/USD [ARB-USDC]
Polymarket Perps
ApeX Omni
HTX
Phemex
SoDEX
gTrade (Gains Network)
Deribit
BloFin
Coinbase International
Kraken Futures
Extended
Bitget
Aster
BingX
Bybit
OKX
SunX
Binance
MEXC
Gate
KuCoin
Backpack
Hyperliquid
RISEx
Lighter
Injective
Variational Omni