Spread before costs (cost unknown: a leg has no order-book sample)+0.389%
7d average—if it closes, per $10,000$39funding while held, a day−$8.58
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya ARBRUSDPERP | 0.2249 | 0.0292 | pay 0.0036% / 1h | 11m 30s | $2K | $695 | 20x |
| Short | gTrade (Gains Network) ARB/USD | 0.2258 | L +0.0005% / S −0.0006% | get 0.0001% / 1h | 11m 30s | $59K | — | 150x |
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
- $38.95
- Funding while held
- −$8.58
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $14.37
- Spread needed to break even
- 0.160%
Slippage unknown: Reya: no order-book sample; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0286%
- Per $10,000 a day
- −$8.58
- 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Reya and gTrade (Gains Network): 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.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 | −0.438% | −0.1630% | 1h | $55K | $139K | 12x | as long as short |
| Bybit ARBUSDT | −0.015% | −0.0077% | 8h | $56.7M | $130.4M | 50x | as long as short |
| edgeX ARBUSDC | −0.007% | +0.0100% | 4h | $38K | $465K | 20x | as long as short |
| Reya ARBRUSDPERPlong | 0.000% | +0.0292% | 1h | $2K | $695 | 20x | |
| Polymarket Perps ARB-USD | +0.012% | −0.0101% | 1h | $68K | $2.4M | 10x | as long as short |
| BloFin ARB-USDT | +0.025% | +0.0220% | 8h | $3.1M | $3.1M | 75x | as long as short |
| OKX ARB-USDT-SWAP | +0.034% | +0.0009% | 8h | $23.1M | $165.4M | 50x | as long as short |
| Bitget ARBUSDT | +0.052% | +0.0100% | 8h | $20.8M | $38.9M | 50x | as long as short |
| ApeX Omni ARBUSDT | +0.052% | +0.0100% | 1h | $126K | $259K | 50x | as long as short |
| Variational Omni ARB | +0.058% | +0.0059% | 8h | $1.8M | $3.3M | — | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended ARB-USD | +0.090% | +0.0104% | 1h | $366K | $2.4M | 25x | as long as short |
| BingX ARB-USDC | +0.100% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| 01 Exchange ARBUSD | +0.114% | −0.0192% | 1h | $7K | $2K | 10x | as long as short |
| Binance ARBUSDT | +0.132% | +0.0100% | 8h | $63.2M | $317.8M | 75x | as long as short |
| MEXC ARB_USDT | +0.140% | +0.0008% | 8h | $40.8M | $64.0M | 200x | as long as short |
| Hyperliquid ARB | +0.172% | +0.0205% | 1h | $41.6M | $49.6M | 10x | as long as short |
| Gate ARB_USDT | +0.203% | +0.0100% | 8h | $5.4M | $21.3M | 60x | as long as short |
| dYdX ARB-USD | +0.229% | 0.0000% | 1h | $68K | $3K | 10x | as long as short |
| RISEx ARB/USDC | +0.234% | +0.0519% | 1h | $428K | $3.0M | 10x | as long as short |
| Lighter ARB | +0.256% | +0.0096% | 1h | $1.4M | $7.6M | 15x | as long as short |
| Pacifica ARB | +0.265% | +0.0100% | 1h | $48K | $199K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.278% | +0.0100% | 8h | $20.6M | $17.8M | 75x | as long as short |
| HTX ARB-USDT | +0.296% | +0.0100% | 8h | $275K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.318% | +0.0100% | 8h | $5.4M | $14.1M | 50x | as long as short |
| Aster ARBUSDT | +0.330% | +0.0100% | 8h | $709K | $1.8M | 20x | as long as short |
| SunX ARB-USDT | +0.363% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| GMX ARB/USD [ARB-USDC] | +0.364% | L +0.0303% / S −0.0273% | 1h | $717K | — | 150x | as long as short |
| gTrade (Gains Network) ARB/USDshort | +0.389% | L +0.0005% / S −0.0006% | 1h | $59K | — | 150x | |
| SoDEX ARB-USD | +0.389% | +0.0060% | 1h | $5K | $2.8M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | +0.407% | −0.0243% | 1h | $1.1M | $4.9M | 50x | as long as short |
| Orderly PERP_ARB_USDC | +0.407% | +0.0018% | 8h | $10K | $379K | 10x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.407% | +0.0432% | 1h | $525K | $2.5M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | +0.425% | +0.0016% | 1h | $39K | $16K | 25x | as long as short |
| Aevo ARB-PERP | +0.461% | +0.0104% | 1h | $151K | $9K | 3x | as long as short |
| Backpack ARB_USDC_PERP | +0.558% | +0.0527% | 1h | $965K | $3.0M | 20x | as long as short |
gTrade (Gains Network) ARB/USD
Injective
Bybit
Polymarket Perps
BloFin
OKX
Bitget
ApeX Omni
Variational Omni
Extended
BingX
Binance
MEXC
Hyperliquid
Gate
RISEx
Lighter
Pacifica
KuCoin
HTX
Phemex
Aster
SunX
GMX
SoDEX
Kraken Futures
Coinbase International
Deribit
Backpack