Spread before costs (cost unknown: a leg has no order-book sample)−0.231%
7d average—if it closes, per $10,000$23funding while held, a day−$5.75
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya ARBRUSDPERP | 0.2254 | 0.0292 | pay 0.0036% / 1h | 10m 05s | $2K | $695 | 20x |
| Short | edgeX ARBUSDC | 0.2249 | 0.0100 | get 0.0050% / 4h | 2h 10m | $38K | $465K | 20x |
Reya ARBRUSDPERPPrice 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
- −$23.09
- Funding while held
- −$5.75
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$43.84
- Spread needed to break even
- 0.150%
Slippage unknown: Reya: no order-book sample; edgeX: live order book, 30 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0192%
- Per $10,000 a day
- −$5.75
- 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 Reya no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 30 min ago | 13.30 bp | 21.8 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
Reya: 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.Injective0.2244cheapestBybit0.2249+0.205%Bitget0.2249+0.223%OKX0.2249+0.241%ApeX Omni0.2250+0.267%Binance0.2251+0.296%BingX0.2251+0.307%BloFin0.2251+0.307%Phemex0.2251+0.312%Gate0.2251+0.321%KuCoin0.2252+0.357%SoDEX0.2252+0.370%01 Exchange0.2253+0.379%Kraken Futures0.2253+0.398%Extended0.2254+0.424%Aster0.2254+0.425%Lighter0.2254+0.432%Hyperliquid0.2254+0.437%
Injective
Bybit
Bitget
OKX
ApeX Omni
Binance
BingX
BloFin
Phemex
Gate
KuCoin
SoDEX
Kraken Futures
Extended
Aster
Lighter
HyperliquidReya0.2254+0.441%
Pacifica0.2254+0.446%Orderly0.2254+0.446%Variational Omni0.2254+0.452%dYdX0.2254+0.454%Polymarket Perps0.2254+0.463%HTX0.2255+0.472%MEXC0.2255+0.486%SunX0.2255+0.490%Backpack0.2255+0.495%Deribit0.2255+0.495%RISEx0.2255+0.504%Aevo0.2255+0.504%GMX0.2256+0.516%gTrade (Gains Network)0.2256+0.535%Coinbase International0.2257+0.579%
Pacifica
Orderly
Variational Omni
dYdX
Polymarket Perps
HTX
MEXC
SunX
Backpack
Deribit
RISEx
Aevo
GMX
gTrade (Gains Network)
Coinbase InternationalARB on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.439% | −0.1630% | 1h | $55K | $139K | 12x | as long as short |
| Bybit ARBUSDT | −0.235% | −0.0073% | 8h | $56.8M | $130.4M | 50x | as long as short |
| edgeX ARBUSDCshort | −0.231% | +0.0100% | 4h | $38K | $465K | 20x | |
| Bitget ARBUSDT | −0.217% | +0.0100% | 8h | $20.8M | $38.8M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.199% | +0.0009% | 8h | $23.1M | $165.3M | 50x | as long as short |
| ApeX Omni ARBUSDT | −0.173% | +0.0100% | 1h | $126K | $259K | 50x | as long as short |
| Binance ARBUSDT | −0.144% | +0.0100% | 8h | $63.2M | $317.8M | 75x | as long as short |
| BingX ARB-USDC | −0.133% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| BloFin ARB-USDT | −0.133% | +0.0220% | 8h | $3.1M | $3.1M | 75x | as long as short |
| Phemex ARBUSDT | −0.128% | +0.0100% | 8h | $5.4M | $14.2M | 50x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate ARB_USDT | −0.119% | +0.0100% | 8h | $5.4M | $21.3M | 60x | as long as short |
| KuCoin ARBUSDTM | −0.084% | +0.0100% | 8h | $21.0M | $17.8M | 75x | as long as short |
| SoDEX ARB-USD | −0.071% | +0.0057% | 1h | $5K | $2.8M | 5x | as long as short |
| 01 Exchange ARBUSD | −0.062% | −0.0192% | 1h | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.043% | −0.0244% | 1h | $1.1M | $4.9M | 50x | as long as short |
| Extended ARB-USD | −0.016% | +0.0104% | 1h | $366K | $2.4M | 25x | as long as short |
| Aster ARBUSDT | −0.016% | +0.0100% | 8h | $706K | $1.8M | 20x | as long as short |
| Lighter ARB | −0.008% | +0.0096% | 1h | $1.4M | $7.6M | 15x | as long as short |
| Hyperliquid ARB | −0.004% | +0.0203% | 1h | $41.6M | $49.7M | 10x | as long as short |
| Reya ARBRUSDPERPlong | 0.000% | +0.0292% | 1h | $2K | $695 | 20x | |
| Pacifica ARB | +0.005% | +0.0100% | 1h | $48K | $199K | 10x | as long as short |
| Orderly PERP_ARB_USDC | +0.005% | +0.0019% | 8h | $10K | $379K | 10x | as long as short |
| Variational Omni ARB | +0.011% | +0.0057% | 8h | $1.8M | $3.3M | — | as long as short |
| dYdX ARB-USD | +0.013% | 0.0000% | 1h | $68K | $3K | 10x | as long as short |
| Polymarket Perps ARB-USD | +0.023% | −0.0093% | 1h | $68K | $2.4M | 10x | as long as short |
| HTX ARB-USDT | +0.031% | +0.0100% | 8h | $274K | $1.1M | 50x | as long as short |
| MEXC ARB_USDT | +0.045% | +0.0009% | 8h | $40.8M | $64.0M | 200x | as long as short |
| SunX ARB-USDT | +0.049% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| Backpack ARB_USDC_PERP | +0.054% | +0.0533% | 1h | $963K | $3.0M | 20x | as long as short |
| Deribit ARB_USDC-PERPETUAL | +0.054% | 0.0000% | 1h | $39K | $16K | 25x | as long as short |
| RISEx ARB/USDC | +0.063% | +0.0519% | 1h | $430K | $3.0M | 10x | as long as short |
| Aevo ARB-PERP | +0.063% | +0.0104% | 1h | $150K | $9K | 3x | as long as short |
| GMX ARB/USD [ARB-USDC] | +0.074% | L +0.0303% / S −0.0273% | 1h | $716K | — | 150x | as long as short |
| gTrade (Gains Network) ARB/USD | +0.094% | L +0.0005% / S −0.0006% | 1h | $59K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.138% | +0.0432% | 1h | $524K | $2.5M | 50x | as long as short |