Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0118%/8h= +12.9% APRpaid last 24h −0.052%

Price spread now: BloFin against RISEx+0.066%7-day average −0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$290.285% of the position

Long on RISEx Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.241%−$24 on $10k

Price spread, last 4 days (all we have)+0.281%+$28 · spread now +0.066%, 7d avg −0.032%

Together, before fees+0.040%+$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.098% dearer against RISEx than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.032%. Mind the row above: over the last 4 days funding on this pair cost −0.241%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx ARB/USDC	0.2204	0.0056	pay 0.0007% / 1h	14m 59s	$486K	$2.6M	10x
Short	BloFin ARB-USDT	0.2206	0.0174	get 0.0174% / 8h	1h 14m	$3.0M	$2.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against RISEx. 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 RISExbpFee BloFinbpOrdersPrice spread, now +0.066%Rate

Funding earned: $24.74
Price spread: +0.066% → −0.032%: $9.81
Slippage, 4 orders: −$10.54
Fee RISEx: 3 bp × 2 orders: −$6
Fee BloFin: 6 bp × 2 orders: −$12
Net: $6.01
Costs to cover: 0.285%
Break-even: 5.3 days

Slippage from RISEx: live order book, 4 min ago; BloFin: live order book, 8 min ago.

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 RISEx live order book, 4 min ago	0.68 bp	3.7 bp −$4	19.7 bp −$197	doesn't fit	doesn't fit
Sell BloFin live order book, 8 min ago	0.23 bp	9.9 bp −$10	14.1 bp −$141	47.8 bp −$4,780	doesn't fit

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	−0.1592%	1h	0.2191	−0.606%	$40K	$372K	12x	as long as short
Polymarket Perps ARB-USD	−0.0187%	1h	0.2203	−0.048%	$67K	$2.1M	10x	as long as short
01 Exchange ARBUSD	−0.0136%	1h	0.2203	−0.070%	$7K	$236	10x	as long as short
SoDEX ARB-USD	−0.0115%	1h	0.2205	+0.030%	$9K	$2.2M	5x	as long as short
OKX ARB-USDT-SWAP	−0.0086%	8h	0.2205	+0.039%	$22.1M	$145.7M	50x	as long as short
MEXC ARB_USDT	−0.0086%	8h	0.2205	+0.030%	$41.7M	$62.2M	200x	as long as short
Variational Omni ARB	−0.0049%	8h	0.2201	−0.144%	$1.8M	$3.0M	—	as long as short
Orderly PERP_ARB_USDC	−0.0040%	8h	0.2205	+0.030%	$12K	$409K	10x	as long as short
Bybit ARBUSDT	−0.0012%	8h	0.2205	+0.025%	$54.1M	$126.4M	50x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2203	−0.052%	$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
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2205	+0.039%	$28K	$38K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0009%	1h	0.2204	−0.016%	$45K	—	150x	as long as short
Gate ARB_USDT	+0.0027%	8h	0.2205	+0.034%	$5.4M	$18.5M	60x	as long as short
Binance ARBUSDT	+0.0054%	8h	0.2206	+0.061%	$63.1M	$301.7M	75x	as long as short
RISEx ARB/USDClong	+0.0056%	1h	0.2204	long leg	$486K	$2.6M	10x
Extended ARB-USD	+0.0056%	1h	0.2203	−0.043%	$352K	$2.8M	25x	as long as short
BingX ARB-USDT	+0.0065%	8h	0.2205	+0.030%	—	$33.2M	—	as long as short
Bitget ARBUSDT	+0.0067%	8h	0.2206	+0.075%	$21.3M	$34.7M	50x	as long as short
Lighter ARB	+0.0096%	1h	0.2204	+0.002%	$1.2M	$5.5M	15x	as long as short
Aevo ARB-PERP	+0.0096%	1h	0.2205	+0.052%	$140K	$7K	3x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2207	+0.129%	$37.3M	$49.3M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2205	+0.049%	$633K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2202	−0.090%	$43K	$148K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2205	+0.052%	$19.6M	$14.2M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2201	−0.132%	$39K	$465K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2207	+0.140%	$480K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2200	−0.197%	$119K	$280K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2205	+0.030%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2204	−0.025%	$294K	$857K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2205	+0.030%	$4.9M	$12.8M	50x	as long as short
BloFin ARB-USDTshort	+0.0174%	8h	0.2206	+0.066%	$3.0M	$2.3M	75x
Kraken Futures PF_ARBUSD	+0.0231%	1h	0.2206	+0.097%	$1.1M	$4.4M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2204	−0.014%	$832K	—	150x	as long as short
Coinbase International ARB-PERP-INTX	+0.0288%	1h	0.2205	+0.021%	$525K	$1.5M	50x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2203	−0.053%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0599%	1h	0.2208	+0.179%	$992K	$2.8M	20x	as long as short