ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.039%

Price spread now: GMX against Reya+0.109%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Reya Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. GMX is 0.109% dearer against Reya than usual: you sell high and buy low (spread +0.109% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya ARBRUSDPERP	0.2243	0.0290	pay 0.0036% / 1h	51m 22s	$2K	$695	20x
Short	GMX ARB/USD [ARB-USDC]	0.2245	L +0.0297% / S −0.0186%	get 0.0023% / 1h	51m 22s	$918K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Reya. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ReyabpFee GMXbpOrdersPrice spread, now +0.109%Rate

Funding earned: −$21.84
Price spread: +0.109% → 0.000%: $10.93
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee GMX: 6 bp × 2 orders: −$12
Net: −$28.91
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; GMX: no order-book sample. Net counts fees only.

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 GMX no order-book sample	—	—	—	—	—

Reya and GMX: 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 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	−0.1666%	1h	0.2235	−0.348%	$40K	$372K	12x	as long as short
Bybit ARBUSDT	−0.0520%	8h	0.2243	+0.031%	$57.9M	$127.4M	50x	as long as short
Variational Omni ARB	−0.0211%	8h	0.2243	−0.014%	$1.9M	$2.8M	—	as long as short
Gate ARB_USDT	−0.0169%	8h	0.2245	+0.080%	$5.4M	$19.7M	60x	as long as short
01 Exchange ARBUSD	−0.0160%	1h	0.2243	+0.017%	$7K	$2K	10x	as long as short
Kraken Futures PF_ARBUSD	−0.0138%	1h	0.2246	+0.163%	$1.1M	$4.9M	50x	as long as short
OKX ARB-USDT-SWAP	−0.0119%	8h	0.2244	+0.049%	$22.6M	$157.4M	50x	as long as short
MEXC ARB_USDT	−0.0118%	8h	0.2243	+0.017%	$38.3M	$58.9M	200x	as long as short
SoDEX ARB-USD	−0.0090%	1h	0.2244	+0.062%	$4K	$2.6M	5x	as long as short
Orderly PERP_ARB_USDC	−0.0041%	8h	0.2244	+0.053%	$13K	$387K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni ARBUSDT	−0.0017%	1h	0.2248	+0.231%	$121K	$295K	50x	as long as short
Binance ARBUSDT	−0.0013%	8h	0.2245	+0.080%	$66.1M	$312.4M	75x	as long as short
Extended ARB-USD	−0.0008%	1h	0.2243	+0.005%	$362K	$2.4M	25x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2245	+0.098%	$66K	$4K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2245	+0.107%	$25K	$34K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2246	+0.123%	$55K	—	150x	as long as short
Polymarket Perps ARB-USD	+0.0008%	1h	0.2244	+0.035%	$66K	$2.0M	10x	as long as short
Bitget ARBUSDT	+0.0047%	8h	0.2245	+0.098%	$21.2M	$36.0M	50x	as long as short
BingX ARB-USDC	+0.0047%	8h	0.2243	+0.013%	—	$6.5M	—	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2246	+0.128%	$142K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2246	+0.147%	$1.4M	$7.3M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2245	+0.116%	$40.5M	$47.5M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2244	+0.053%	$697K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2246	+0.124%	$47K	$183K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2243	+0.009%	$19.5M	$16.0M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2248	+0.238%	$40K	$461K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2248	+0.229%	$483K	$3.6M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2251	+0.365%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2251	+0.356%	$293K	$1.0M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2246	+0.142%	$5.1M	$13.0M	50x	as long as short
BloFin ARB-USDT	+0.0109%	8h	0.2247	+0.205%	$3.1M	$2.7M	75x	as long as short
Coinbase International ARB-PERP-INTX	+0.0232%	1h	0.2248	+0.223%	$507K	$2.2M	50x	as long as short
Reya ARBRUSDPERPlong	+0.0290%	1h	0.2243	long leg	$2K	$695	20x
GMX ARB/USD [ARB-USDC]short	L +0.0297% / S −0.0186%	1h	0.2245	+0.109%	$918K	—	150x
Backpack ARB_USDC_PERP	+0.0367%	1h	0.2248	+0.223%	$1.0M	$2.8M	20x	as long as short
RISEx ARB/USDC	+0.0384%	1h	0.2245	+0.114%	$500K	$2.7M	10x	as long as short