Spread before costs (cost unknown: a leg has no order-book sample)+0.213%
7d average—if it closes, per $10,000$21funding while held, a day−$5.76
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya ARBRUSDPERP | 0.2307 | 0.0292 | pay 0.0037% / 1h | 30m 14s | $2K | $695 | 20x |
| Short | KuCoin ARBUSDTM | 0.2312 | 0.0100 | get 0.0100% / 8h | 30m 14s | $20.3M | $18.6M | 75x |
Reya ARBRUSDPERP
KuCoin ARBUSDTMPrice 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
- $21.33
- Funding while held
- −$5.76
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$2.43
- Spread needed to break even
- 0.180%
Slippage unknown: Reya: no order-book sample; KuCoin: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0192%
- Per $10,000 a day
- −$5.76
- 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 KuCoin live order book, 5 min ago | 4.54 bp | 20.5 bp −$20 | 44.3 bp −$443 | 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.Reya0.2307cheapest
BloFin0.2308+0.040%Bitget0.2309+0.079%Gate0.2310+0.122%Coinbase International0.2310+0.122%Phemex0.2310+0.122%OKX0.2310+0.131%Extended0.2310+0.131%Bybit0.2310+0.135%HTX0.2310+0.140%BingX0.2311+0.144%Pacifica0.2311+0.153%Orderly0.2311+0.166%Injective0.2311+0.166%SoDEX0.2311+0.166%dYdX0.2311+0.174%MEXC0.2311+0.174%Binance0.2311+0.178%GMX0.2311+0.180%Backpack0.2311+0.183%Deribit0.2311+0.187%Aster0.2312+0.190%gTrade (Gains Network)0.2312+0.194%Kraken Futures0.2312+0.199%Aevo0.2312+0.201%
BloFin
Bitget
Gate
Coinbase International
Phemex
OKX
Extended
Bybit
HTX
BingX
Pacifica
Orderly
Injective
SoDEX
dYdX
MEXC
Binance
GMX
Backpack
Deribit
Aster
gTrade (Gains Network)
Kraken Futures
AevoKuCoin0.2312+0.213%
Variational Omni0.2313+0.245%Polymarket Perps0.2313+0.252%Lighter0.2314+0.278%01 Exchange0.2314+0.283%edgeX0.2314+0.297%Hyperliquid0.2314+0.317%RISEx0.2315+0.333%SunX0.2315+0.339%ApeX Omni0.2316+0.382%
Variational Omni
Polymarket Perps
Lighter
Hyperliquid
RISEx
SunX
ApeX OmniARB on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya ARBRUSDPERPlong | 0.000% | +0.0292% | 1h | $2K | $695 | 20x | |
| BloFin ARB-USDT | +0.040% | +0.0220% | 8h | $3.3M | $3.3M | 75x | as long as short |
| Bitget ARBUSDT | +0.079% | +0.0100% | 8h | $21.4M | $39.0M | 50x | as long as short |
| Gate ARB_USDT | +0.122% | +0.0100% | 8h | $5.7M | $21.0M | 60x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.122% | +0.0520% | 1h | $531K | $2.5M | 50x | as long as short |
| Phemex ARBUSDT | +0.122% | +0.0100% | 8h | $5.8M | $14.7M | 50x | as long as short |
| OKX ARB-USDT-SWAP | +0.131% | +0.0038% | 8h | $24.2M | $179.4M | 50x | as long as short |
| Extended ARB-USD | +0.131% | +0.0104% | 1h | $377K | $2.4M | 25x | as long as short |
| Bybit ARBUSDT | +0.135% | +0.0100% | 8h | $58.9M | $129.7M | 50x | as long as short |
| HTX ARB-USDT | +0.140% | +0.0100% | 8h | $285K | $1.2M | 50x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX ARB-USDC | +0.144% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Pacifica ARB | +0.153% | +0.0100% | 1h | $48K | $234K | 10x | as long as short |
| Orderly PERP_ARB_USDC | +0.166% | −0.0026% | 8h | $12K | $327K | 10x | as long as short |
| Injective ARB/USDC PERP | +0.166% | −0.1425% | 1h | $59K | $248K | 12x | as long as short |
| SoDEX ARB-USD | +0.166% | −0.0062% | 1h | $4K | $2.8M | 5x | as long as short |
| dYdX ARB-USD | +0.174% | 0.0000% | 1h | $70K | $4K | 10x | as long as short |
| MEXC ARB_USDT | +0.174% | +0.0036% | 8h | $33.9M | $60.4M | 200x | as long as short |
| Binance ARBUSDT | +0.178% | +0.0100% | 8h | $66.0M | $324.3M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | +0.180% | L +0.0260% / S −0.0173% | 1h | $733K | — | 150x | as long as short |
| Backpack ARB_USDC_PERP | +0.183% | +0.0667% | 1h | $997K | $3.0M | 20x | as long as short |
| Deribit ARB_USDC-PERPETUAL | +0.187% | 0.0000% | 1h | $39K | $15K | 25x | as long as short |
| Aster ARBUSDT | +0.190% | +0.0100% | 8h | $701K | $2.2M | 20x | as long as short |
| gTrade (Gains Network) ARB/USD | +0.194% | L +0.0004% / S −0.0003% | 1h | $44K | — | 150x | as long as short |
| Kraken Futures PF_ARBUSD | +0.199% | +0.0438% | 1h | $1.2M | $4.8M | 50x | as long as short |
| Aevo ARB-PERP | +0.201% | +0.0104% | 1h | $154K | $9K | 3x | as long as short |
| KuCoin ARBUSDTMshort | +0.213% | +0.0100% | 8h | $20.3M | $18.6M | 75x | |
| Variational Omni ARB | +0.245% | +0.0100% | 8h | $1.9M | $3.3M | — | as long as short |
| Polymarket Perps ARB-USD | +0.252% | +0.0100% | 1h | $62K | $2.5M | 10x | as long as short |
| Lighter ARB | +0.278% | +0.0096% | 1h | $1.7M | $7.2M | 15x | as long as short |
| 01 Exchange ARBUSD | +0.283% | −0.0024% | 1h | $7K | $3K | 10x | as long as short |
| edgeX ARBUSDC | +0.297% | +0.0100% | 4h | $40K | $465K | 20x | as long as short |
| Hyperliquid ARB | +0.317% | +0.0382% | 1h | $42.7M | $48.9M | 10x | as long as short |
| RISEx ARB/USDC | +0.333% | +0.0037% | 1h | $429K | $3.3M | 10x | as long as short |
| SunX ARB-USDT | +0.339% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| ApeX Omni ARBUSDT | +0.382% | +0.0100% | 1h | $130K | $264K | 50x | as long as short |