After costs, if the gap returns to its 7d average, $10k−$38
spread now+0.322%7d average−0.001%fees + slippage, in and out−$71spread needed0.706%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ARBUSDT | 0.2266 | 0.0100 | pay 0.0100% / 8h | 5h 50m | $5.5M | $14.2M | 50x |
| Short | KuCoin ARBUSDTM | 0.2273 | 0.0100 | get 0.0100% / 8h | 5h 50m | $21.2M | $17.8M | 75x |
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
- $32.22
- Funding while held
- $0
- Slippage, 4 orders
- −$46.59
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$38.38
- Spread needed to break even
- 0.706%
Slippage from Phemex: live order book, 5 min ago; KuCoin: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 5 min ago | 6.67 bp | 15.7 bp −$16 | 28.0 bp −$280 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 2.89 bp | 11.5 bp −$12 | 30.8 bp −$308 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|
| ApeX Omni ARBUSDT | −0.706% | +0.0100% | 1h | $126K | $260K | 50x | as long as short |
| Injective ARB/USDC PERP | −0.662% | −0.1615% | 1h | $55K | $69K | 12x | as long as short |
| edgeX ARBUSDC | −0.294% | +0.0100% | 4h | $38K | $445K | 20x | as long as short |
| Variational Omni ARB | −0.234% | +0.0043% | 8h | $1.9M | $3.3M | — | as long as short |
| BloFin ARB-USDT | −0.119% | +0.0220% | 8h | $3.1M | $3.1M | 75x | as long as short |
| SunX ARB-USDT | −0.044% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | −0.044% | +0.0100% | 1h | $5K | $2.8M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.015% | −0.0005% | 1h | $1.1M | $5.0M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.013% | 0.0000% | 1h | $39K | $16K | 25x | as long as short |
| Phemex ARBUSDTlong | 0.000% | +0.0100% | 8h | $5.5M | $14.2M | 50x |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter ARB | +0.079% | +0.0096% | 1h | $1.4M | $7.5M | 15x | as long as short |
| HTX ARB-USDT | +0.084% | +0.0100% | 8h | $279K | $1.1M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.088% | +0.0352% | 1h | $526K | $2.5M | 50x | as long as short |
| dYdX ARB-USD | +0.097% | 0.0000% | 1h | $68K | $3K | 10x | as long as short |
| Pacifica ARB | +0.124% | +0.0100% | 1h | $48K | $199K | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.137% | +0.0616% | 1h | $970K | $3.0M | 20x | as long as short |
| Extended ARB-USD | +0.168% | +0.0104% | 1h | $367K | $2.4M | 25x | as long as short |
| Aster ARBUSDT | +0.175% | +0.0100% | 8h | $708K | $1.8M | 20x | as long as short |
| Bitget ARBUSDT | +0.221% | +0.0100% | 8h | $21.0M | $38.8M | 50x | as long as short |
| 01 Exchange ARBUSD | +0.234% | −0.0120% | 1h | $7K | $2K | 10x | as long as short |
| Reya ARBRUSDPERP | +0.240% | +0.0292% | 1h | $2K | $695 | 20x | as long as short |
| Orderly PERP_ARB_USDC | +0.265% | +0.0024% | 8h | $10K | $384K | 10x | as long as short |
| Polymarket Perps ARB-USD | +0.274% | +0.0100% | 1h | $69K | $2.4M | 10x | as long as short |
| MEXC ARB_USDT | +0.278% | +0.0020% | 8h | $40.3M | $62.2M | 200x | as long as short |
| Binance ARBUSDT | +0.298% | +0.0100% | 8h | $63.6M | $317.7M | 75x | as long as short |
| Bybit ARBUSDT | +0.300% | −0.0081% | 8h | $57.3M | $131.0M | 50x | as long as short |
| OKX ARB-USDT-SWAP | +0.305% | +0.0021% | 8h | $23.3M | $167.5M | 50x | as long as short |
| BingX ARB-USDT | +0.305% | +0.0100% | 8h | — | $55.5M | — | as long as short |
| Gate ARB_USDT | +0.322% | +0.0100% | 8h | $5.5M | $21.1M | 60x | as long as short |
| KuCoin ARBUSDTMshort | +0.322% | +0.0100% | 8h | $21.2M | $17.8M | 75x | |
| RISEx ARB/USDC | +0.333% | +0.0435% | 1h | $430K | $3.0M | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | +0.355% | L +0.0005% / S −0.0006% | 1h | $60K | — | 150x | as long as short |
| GMX ARB/USD [ARB-USDC] | +0.362% | L +0.0305% / S −0.0227% | 1h | $793K | — | 150x | as long as short |
| Hyperliquid ARB | +0.375% | +0.0100% | 1h | $41.1M | $50.6M | 10x | as long as short |
| Aevo ARB-PERP | +0.413% | +0.0104% | 1h | $152K | $9K | 3x | as long as short |
Phemex ARBUSDT
KuCoin ARBUSDTM
ApeX Omni
Injective
Variational Omni
BloFin
SunX
SoDEX
Kraken Futures
Deribit
Lighter
HTX
Coinbase International
Pacifica
Backpack
Extended
Aster
Bitget
Polymarket Perps
MEXC
Binance
Bybit
OKX
BingX
Gate
RISEx
gTrade (Gains Network)
GMX
Hyperliquid