After costs, if the gap returns to its 7d average, $10k−$111
spread now−0.067%7d average−0.030%fees + slippage, in and out−$107spread needed1.070%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ARBUSDT | 0.2254 | 0.0100 | pay 0.0100% / 8h | 5h 33m | $5.5M | $14.2M | 50x |
| Short | Gate ARB_USDT | 0.2253 | 0.0099 | get 0.0099% / 8h | 5h 33m | $5.5M | $21.3M | 60x |
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
- −$6.65
- Funding while held
- −$0.03
- Slippage, 4 orders
- −$79.97
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$113.65
- Spread needed to break even
- 1.070%
Slippage from Phemex: live order book, 6 min ago; Gate: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0001%
- Per $10,000 a day
- −$0.03
- 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 Phemex live order book, 6 min ago | 11.02 bp | 40.0 bp −$40 | 78.0 bp −$780 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 4.45 bp | 23.0 bp −$23 | 34.6 bp −$346 | 103.1 bp −$10.3K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.355% | −0.1615% | 1h | $55K | $69K | 12x | as long as short |
| BloFin ARB-USDT | −0.120% | +0.0220% | 8h | $3.1M | $3.1M | 75x | as long as short |
| BingX ARB-USDT | −0.093% | +0.0100% | 8h | — | $55.5M | — | as long as short |
| MEXC ARB_USDT | −0.080% | +0.0018% | 8h | $39.6M | $62.8M | 200x | as long as short |
| SoDEX ARB-USD | −0.080% | −0.0139% | 1h | $5K | $2.8M | 5x | as long as short |
| Gate ARB_USDTshort | −0.067% | +0.0099% | 8h | $5.5M | $21.3M | 60x | |
| KuCoin ARBUSDTM | −0.044% | +0.0100% | 8h | $21.2M | $17.5M | 75x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.035% | −0.0016% | 1h | $37K | $18K | 25x | as long as short |
| Pacifica ARB | −0.030% | +0.0100% | 1h | $48K | $192K | 10x | as long as short |
| Lighter ARB | −0.027% | +0.0096% | 1h | $1.4M | $7.5M | 15x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo ARB-PERP | −0.022% | +0.0104% | 1h | $150K | $9K | 3x | as long as short |
| Bybit ARBUSDT | −0.018% | −0.0154% | 8h | $58.3M | $130.6M | 50x | as long as short |
| Aster ARBUSDT | −0.018% | +0.0100% | 8h | $702K | $1.8M | 20x | as long as short |
| Orderly PERP_ARB_USDC | 0.000% | +0.0019% | 8h | $11K | $387K | 10x | as long as short |
| SunX ARB-USDT | 0.000% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| Phemex ARBUSDTlong | 0.000% | +0.0100% | 8h | $5.5M | $14.2M | 50x | |
| Hyperliquid ARB | +0.013% | +0.0100% | 1h | $40.7M | $50.4M | 10x | as long as short |
| Extended ARB-USD | +0.019% | +0.0104% | 1h | $358K | $2.4M | 25x | as long as short |
| Binance ARBUSDT | +0.019% | +0.0100% | 8h | $63.1M | $315.8M | 75x | as long as short |
| Kraken Futures PF_ARBUSD | +0.025% | −0.0005% | 1h | $1.1M | $5.0M | 50x | as long as short |
| OKX ARB-USDT-SWAP | +0.027% | +0.0017% | 8h | $23.1M | $165.5M | 50x | as long as short |
| gTrade (Gains Network) ARB/USD | +0.041% | L +0.0005% / S −0.0007% | 1h | $39K | — | 150x | as long as short |
| dYdX ARB-USD | +0.044% | 0.0000% | 1h | $67K | $4K | 10x | as long as short |
| Bitget ARBUSDT | +0.044% | +0.0100% | 8h | $21.1M | $38.4M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.061% | +0.0291% | 1h | $2K | $695 | 20x | as long as short |
| Variational Omni ARB | +0.063% | +0.0014% | 8h | $1.9M | $3.2M | — | as long as short |
| GMX ARB/USD [ARB-USDC] | +0.063% | L +0.0305% / S −0.0227% | 1h | $788K | — | 150x | as long as short |
| HTX ARB-USDT | +0.067% | +0.0100% | 8h | $278K | $1.1M | 50x | as long as short |
| 01 Exchange ARBUSD | +0.071% | −0.0104% | 1h | $7K | $2K | 10x | as long as short |
| Polymarket Perps ARB-USD | +0.093% | +0.0062% | 1h | $66K | $2.3M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.111% | +0.0567% | 1h | $965K | $2.9M | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.177% | +0.0352% | 1h | $523K | $2.5M | 50x | as long as short |
| RISEx ARB/USDC | +0.184% | +0.0435% | 1h | $431K | $2.9M | 10x | as long as short |
| edgeX ARBUSDC | +0.375% | +0.0100% | 4h | $38K | $445K | 20x | as long as short |
| ApeX Omni ARBUSDT | +0.444% | +0.0100% | 1h | $125K | $272K | 50x | as long as short |
Phemex ARBUSDT
Gate ARB_USDT
Injective
BloFin
BingX
MEXC
SoDEX
KuCoin
Deribit
Pacifica
Lighter
Bybit
Aster
SunX
Hyperliquid
Extended
Binance
Kraken Futures
OKX
gTrade (Gains Network)
Bitget
Variational Omni
GMX
HTX
Polymarket Perps
Backpack
Coinbase International
RISEx
ApeX Omni