Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against Phemex−0.259%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$800.796% of the position
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 3 days (all we have)−0.231%−$23 · spread now −0.259%, 7d avg −0.018%
=Together, before fees−0.116%+ Points / potential airdropedgeX: Active · farm board−$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.241% cheaper against Phemex than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of −0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ARBUSDT | 0.2265 | 0.0100 | pay 0.0100% / 8h | 18m 33s | $5.2M | $13.1M | 50x |
| Short | edgeX ARBUSDC | 0.2259 | 0.0100 | get 0.0050% / 4h | 18m 33s | $40K | $461K | 20x |
Phemex ARBUSDT
edgeX ARBUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Phemex. 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
- $0
- Price spread: −0.259% → −0.018%
- −$24.05
- Slippage, 4 orders
- −$58.61
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$103.66
- Costs to cover
- 0.796%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 5 min ago; edgeX: live order book, 60 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 Phemex live order book, 5 min ago | 6.66 bp | 15.3 bp −$15 | 27.7 bp −$277 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 60 min ago | 13.40 bp | 22.4 bp −$22 | 98.9 bp −$989 | 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 | −0.1785% | 1h | 0.2257 | −0.353% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0264% | 1h | 0.2265 | −0.009% | $68K | $2.0M | 10x | as long as short |
| 01 Exchange ARBUSD | −0.0184% | 1h | 0.2266 | +0.035% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0180% | 8h | 0.2261 | −0.161% | $2.0M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0166% | 8h | 0.2265 | −0.009% | $58.4M | $128.4M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0147% | 1h | 0.2265 | +0.009% | $26K | $32K | 25x | as long as short |
| SoDEX ARB-USD | −0.0110% | 1h | 0.2265 | −0.013% | $4K | $2.6M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0106% | 8h | 0.2266 | +0.022% | $22.8M | $159.6M | 50x | as long as short |
| MEXC ARB_USDT | −0.0106% | 8h | 0.2265 | 0.000% | $38.1M | $59.9M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0038% | 8h | 0.2264 | −0.044% | $13K | $394K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ARB_USDT | −0.0005% | 8h | 0.2263 | −0.075% | $5.4M | $20.3M | 60x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2265 | −0.017% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2266 | +0.044% | $55K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0012% | 8h | 0.2266 | +0.036% | $66.7M | $313.8M | 75x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2265 | +0.004% | $361K | $2.3M | 25x | as long as short |
| BloFin ARB-USDT | +0.0051% | 8h | 0.2265 | +0.004% | $3.2M | $2.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0061% | 8h | 0.2264 | −0.044% | $21.4M | $36.0M | 50x | as long as short |
| BingX ARB-USDT | +0.0063% | 8h | 0.2266 | +0.022% | — | $53.9M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2266 | +0.030% | $148K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2265 | +0.009% | $1.4M | $7.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2266 | +0.035% | $40.8M | $47.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2265 | +0.001% | $706K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2266 | +0.023% | $47K | $184K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2266 | +0.022% | $19.7M | $16.1M | 75x | as long as short |
| edgeX ARBUSDCshort | +0.0100% | 4h | 0.2259 | −0.259% | $40K | $461K | 20x | |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2259 | −0.279% | $483K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2262 | −0.132% | $122K | $296K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2267 | +0.088% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2265 | −0.009% | $291K | $1.1M | 50x | as long as short |
| Phemex ARBUSDTlong | +0.0100% | 8h | 0.2265 | long leg | $5.2M | $13.1M | 50x | |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2263 | −0.110% | $511K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0236% | 1h | 0.2268 | +0.149% | $1.1M | $4.9M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2264 | −0.023% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0296% / S −0.0186% | 1h | 0.2266 | +0.044% | $926K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2268 | +0.130% | $515K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0468% | 1h | 0.2268 | +0.137% | $1.0M | $2.9M | 20x | as long as short |
Gate ARB_USDT
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Coinbase International ARB-PERP-INTX
Kraken Futures PF_ARBUSD
Reya ARBRUSDPERP
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP