ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0189%/8h= −20.7% APRnext payment −$0.24 per $10,000 · paid last 24h −0.057%

Price spread now: Pacifica against Reya+0.134%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 Pacifica

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 · Pacifica: Active · farm boardneeds both histories

The price spread pays, funding is against you. Pacifica is 0.134% dearer against Reya than usual: you sell high and buy low (spread +0.134% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya ARBRUSDPERP	0.2190	0.0289	pay 0.0036% / 1h	27m 48s	$2K	$695	20x
Short	Pacifica ARB	0.2193	0.0100	get 0.0013% / 1h	27m 48s	$42K	$159K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.134%Rate

Funding earned: −$39.71
Price spread: +0.134% → 0.000%: $13.35
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$40.36
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Pacifica: live order book, 25 min ago. 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 Pacifica live order book, 25 min ago	7.28 bp	11.7 bp −$12	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 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	−0.1589%	1h	0.2188	−0.105%	$39K	$372K	12x	as long as short
Polymarket Perps ARB-USD	−0.0165%	1h	0.2191	+0.037%	$69K	$2.1M	10x	as long as short
OKX ARB-USDT-SWAP	−0.0104%	8h	0.2186	−0.187%	$22.1M	$142.2M	50x	as long as short
MEXC ARB_USDT	−0.0104%	8h	0.2189	−0.045%	$41.7M	$60.6M	200x	as long as short
Variational Omni ARB	−0.0098%	8h	0.2197	+0.318%	$1.8M	$2.9M	—	as long as short
Orderly PERP_ARB_USDC	−0.0068%	8h	0.2191	+0.032%	$12K	$408K	10x	as long as short
Bybit ARBUSDT	−0.0059%	8h	0.2186	−0.182%	$55.3M	$123.4M	50x	as long as short
Kraken Futures PF_ARBUSD	−0.0050%	1h	0.2191	+0.035%	$1.1M	$4.4M	50x	as long as short
Gate ARB_USDT	−0.0013%	8h	0.2190	−0.018%	$5.3M	$18.1M	60x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2188	−0.123%	$65K	$5K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange ARBUSD	0.0000%	1h	0.2193	+0.110%	$7K	$2K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2190	0.000%	$24K	$34K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2192	+0.094%	$32K	—	150x	as long as short
Binance ARBUSDT	+0.0047%	8h	0.2189	−0.068%	$63.8M	$299.3M	75x	as long as short
Extended ARB-USD	+0.0048%	1h	0.2188	−0.120%	$349K	$2.5M	25x	as long as short
Bitget ARBUSDT	+0.0054%	8h	0.2185	−0.242%	$20.8M	$33.9M	50x	as long as short
BingX ARB-USDC	+0.0056%	8h	0.2191	+0.028%	—	$6.5M	—	as long as short
Lighter ARB	+0.0096%	1h	0.2188	−0.119%	$1.3M	$5.5M	15x	as long as short
Aevo ARB-PERP	+0.0096%	1h	0.2191	+0.041%	$139K	$7K	3x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2188	−0.100%	$37.3M	$48.4M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2192	+0.080%	$631K	$1.5M	20x	as long as short
Pacifica ARBshort	+0.0100%	1h	0.2193	+0.134%	$42K	$159K	10x
KuCoin ARBUSDTM	+0.0100%	8h	0.2190	+0.005%	$19.5M	$14.6M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2196	+0.257%	$39K	$465K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2197	+0.322%	$473K	$3.5M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2198	+0.352%	$119K	$283K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2194	+0.169%	$2K	$1.1M	30x	as long as short
SoDEX ARB-USD	+0.0100%	1h	0.2192	+0.055%	$10K	$2.2M	5x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2190	+0.009%	$297K	$884K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2191	+0.032%	$4.9M	$12.8M	50x	as long as short
RISEx ARB/USDC	+0.0118%	1h	0.2193	+0.117%	$470K	$2.6M	10x	as long as short
BloFin ARB-USDT	+0.0165%	8h	0.2193	+0.133%	$3.1M	$2.5M	75x	as long as short
Coinbase International ARB-PERP-INTX	+0.0256%	1h	0.2193	+0.105%	$494K	$1.6M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2192	+0.064%	$827K	—	150x	as long as short
Reya ARBRUSDPERPlong	+0.0289%	1h	0.2190	long leg	$2K	$695	20x
Backpack ARB_USDC_PERP	+0.0557%	1h	0.2193	+0.105%	$985K	$2.8M	20x	as long as short