Funding you earn now, next payment 00:00 UTC−0.0442%/8h= −48.4% APRnext payment −$0.55 per $10,000 · paid last 24h −0.167%
Price spread now: 01 Exchange against Reya+0.059%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. 01 Exchange is 0.059% dearer against Reya than usual: you sell high and buy low (spread +0.059% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 11 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya ARBRUSDPERP | 0.2277 | 0.0290 | pay 0.0036% / 1h | 44m 23s | $2K | $695 | 20x |
| Short | 01 Exchange ARBUSD | 0.2278 | −0.0152 | pay 0.0019% / 1h | 44m 23s | $7K | $2K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange against Reya. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$92.89
- Price spread: +0.059% → 0.000%
- $5.91
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$99.97
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample | — | — | — | — | — |
Reya and 01 Exchange: 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 | −0.1785% | 1h | 0.2264 | −0.569% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0282% | 1h | 0.2278 | +0.028% | $79K | $2.0M | 10x | as long as short |
| Variational Omni ARB | −0.0182% | 8h | 0.2277 | −0.004% | $1.9M | $2.7M | — | as long as short |
| Bybit ARBUSDT | −0.0161% | 8h | 0.2276 | −0.046% | $58.6M | $129.2M | 50x | as long as short |
| 01 Exchange ARBUSDshort | −0.0152% | 1h | 0.2278 | +0.059% | $7K | $2K | 10x | |
| OKX ARB-USDT-SWAP | −0.0111% | 8h | 0.2276 | −0.059% | $23.0M | $161.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0108% | 8h | 0.2278 | +0.024% | $38.5M | $59.5M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0040% | 8h | 0.2276 | −0.042% | $13K | $397K | 10x | as long as short |
| SoDEX ARB-USD | −0.0040% | 1h | 0.2278 | +0.050% | $4K | $2.6M | 5x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2278 | +0.042% | $67K | $4K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ARB-USD | 0.0000% | 1h | 0.2275 | −0.083% | $363K | $2.3M | 25x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2279 | +0.103% | $26K | $32K | 25x | as long as short |
| Binance ARBUSDT | +0.0002% | 8h | 0.2278 | +0.045% | $66.6M | $314.9M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2279 | +0.090% | $56K | — | 150x | as long as short |
| BloFin ARB-USDT | +0.0007% | 8h | 0.2280 | +0.121% | $3.1M | $2.8M | 75x | as long as short |
| Gate ARB_USDT | +0.0025% | 8h | 0.2278 | +0.042% | $5.5M | $20.1M | 60x | as long as short |
| BingX ARB-USDC | +0.0068% | 8h | 0.2276 | −0.055% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0071% | 8h | 0.2278 | +0.046% | $21.5M | $36.7M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2280 | +0.121% | $149K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2280 | +0.129% | $1.4M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2281 | +0.182% | $41.4M | $48.0M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2279 | +0.072% | $709K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2278 | +0.052% | $48K | $187K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2279 | +0.081% | $19.9M | $16.3M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2299 | +0.956% | $41K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2299 | +0.987% | $490K | $3.7M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2286 | +0.397% | $123K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2279 | +0.090% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2278 | +0.059% | $293K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2282 | +0.222% | $5.3M | $13.3M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2280 | +0.134% | $512K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0235% | 1h | 0.2279 | +0.093% | $1.2M | $4.9M | 50x | as long as short |
| Reya ARBRUSDPERPlong | +0.0290% | 1h | 0.2277 | long leg | $2K | $695 | 20x | |
| GMX ARB/USD [ARB-USDC] | L +0.0296% / S −0.0186% | 1h | 0.2279 | +0.079% | $931K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2280 | +0.144% | $504K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0479% | 1h | 0.2281 | +0.169% | $931K | $2.8M | 20x | as long as short |
01 Exchange ARBUSD
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
Variational Omni ARB
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Extended ARB-USD
Deribit ARB_USDC-PERPETUAL
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
BloFin ARB-USDT
Gate ARB_USDT
BingX ARB-USDC
Bitget ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
Kraken Futures PF_ARBUSD
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP