Funding you earn now, next payment 06:00 UTC−0.0159%/8h= −17.4% APRpaid last 24h −0.048%
Price spread now: Orderly against Pacifica+0.057%7-day average +0.005% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.291%−$29 on $10k
+Price spread, last 4 days (all we have)+0.790%+$79 · spread now +0.057%, 7d avg +0.005%
=Together, before fees+0.499%+ Points / potential airdropPacifica: Active · farm board+$50 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Orderly is 0.053% dearer against Pacifica than usual: you sell high and buy low (spread +0.057% now, against its 7-day average of +0.005%): +$5 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 27 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ARB | 0.2182 | 0.0100 | pay 0.0013% / 1h | 54m 18s | $42K | $160K | 10x |
| Short | Orderly PERP_ARB_USDC | 0.2183 | −0.0059 | pay 0.0059% / 8h | 2h 54m | $13K | $407K | 10x |
Pacifica ARB
Orderly PERP_ARB_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$33.29
- Price spread: +0.057% → +0.005%
- $5.28
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$42.02
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 58 min ago; Orderly: 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, 58 min ago | 7.28 bp | 11.9 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.1581% | 1h | 0.2174 | −0.355% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0208% | 1h | 0.2181 | −0.034% | $7K | $236 | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0187% | 1h | 0.2181 | −0.030% | $78K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0095% | 8h | 0.2182 | +0.019% | $1.8M | $3.0M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0093% | 8h | 0.2183 | +0.039% | $21.7M | $142.5M | 50x | as long as short |
| MEXC ARB_USDT | −0.0093% | 8h | 0.2182 | +0.011% | $41.1M | $60.1M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0075% | 1h | 0.2184 | +0.098% | $1.1M | $4.4M | 50x | as long as short |
| Bybit ARBUSDT | −0.0061% | 8h | 0.2181 | −0.044% | $54.4M | $123.7M | 50x | as long as short |
| Orderly PERP_ARB_USDCshort | −0.0059% | 8h | 0.2183 | +0.057% | $13K | $407K | 10x | |
| dYdX ARB-USD | 0.0000% | 1h | 0.2183 | +0.040% | $65K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
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 | 0.2183 | +0.076% | $24K | $31K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2183 | +0.077% | $44K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0019% | 8h | 0.2183 | +0.071% | $5.4M | $18.0M | 60x | as long as short |
| Bitget ARBUSDT | +0.0048% | 8h | 0.2181 | −0.034% | $20.8M | $34.1M | 50x | as long as short |
| BingX ARB-USDC | +0.0070% | 8h | 0.2182 | +0.021% | — | $6.5M | — | as long as short |
| Extended ARB-USD | +0.0072% | 1h | 0.2181 | −0.030% | $348K | $2.8M | 25x | as long as short |
| Binance ARBUSDT | +0.0073% | 8h | 0.2182 | +0.034% | $62.7M | $300.7M | 75x | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2182 | +0.011% | $443K | $2.6M | 10x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2182 | +0.002% | $1.2M | $5.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2184 | +0.087% | $138K | $7K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2183 | +0.062% | $36.9M | $48.5M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2183 | +0.059% | $629K | $1.6M | 20x | as long as short |
| Pacifica ARBlong | +0.0100% | 1h | 0.2182 | long leg | $42K | $160K | 10x | |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2183 | +0.044% | $19.5M | $14.5M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2184 | +0.086% | $39K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2185 | +0.134% | $475K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2185 | +0.149% | $118K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2185 | +0.149% | $1K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2183 | +0.057% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2184 | +0.089% | $295K | $887K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2182 | +0.011% | $4.9M | $12.8M | 50x | as long as short |
| BloFin ARB-USDT | +0.0193% | 8h | 0.2184 | +0.085% | $3.0M | $2.5M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0160% | 1h | 0.2183 | +0.063% | $829K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2185 | +0.149% | $500K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2181 | −0.046% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0658% | 1h | 0.2187 | +0.236% | $981K | $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
RISEx ARB/USDC
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
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP