Spread before costs (cost unknown: a leg has no order-book sample)−0.024%
7d average+0.001%if it closes, per $10,000$2funding while held, a day−$8.37
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx ARB/USDC | 0.2265 | 0.0519 | pay 0.0065% / 1h | 52m 18s | $411K | $3.0M | 10x |
| Short | GMX ARB/USD [ARB-USDC] | 0.2264 | L +0.0288% / S −0.0240% | get 0.0030% / 1h | 52m 18s | $715K | — | 150x |
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]Price 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
- −$2.38
- Funding while held
- −$8.37
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$28.75
- Spread needed to break even
- 0.180%
Slippage unknown: RISEx: live order book, 3 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0279%
- Per $10,000 a day
- −$8.37
- 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 RISEx live order book, 3 min ago | 1.99 bp | 8.3 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2255cheapestVariational Omni0.2256+0.024%edgeX0.2256+0.025%ApeX Omni0.2257+0.089%Polymarket Perps0.2262+0.310%Extended0.2262+0.318%01 Exchange0.2262+0.319%Bybit0.2263+0.341%OKX0.2263+0.341%Reya0.2263+0.347%MEXC0.2263+0.355%Bitget0.2263+0.355%SoDEX0.2263+0.359%Binance0.2263+0.372%Gate0.2264+0.390%KuCoin0.2264+0.399%BingX0.2264+0.399%Orderly0.2264+0.399%Phemex0.2264+0.399%Deribit0.2264+0.408%
Injective
Variational Omni
ApeX Omni
Polymarket Perps
Extended
Bybit
OKX
Reya
MEXC
Bitget
SoDEX
Binance
Gate
KuCoin
BingX
Orderly
Phemex
DeribitGMX0.2264+0.415%
Aevo0.2265+0.435%
AevoRISEx0.2265+0.439%
gTrade (Gains Network)0.2265+0.443%Aster0.2265+0.461%Kraken Futures0.2265+0.463%Hyperliquid0.2266+0.470%BloFin0.2266+0.501%HTX0.2267+0.519%Pacifica0.2267+0.520%dYdX0.2267+0.523%Lighter0.2267+0.541%SunX0.2268+0.576%Backpack0.2271+0.710%Coinbase International0.2271+0.710%
gTrade (Gains Network)
Aster
Kraken Futures
Hyperliquid
BloFin
HTX
Pacifica
dYdX
Lighter
SunX
Backpack
Coinbase InternationalARB on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.437% | −0.1630% | 1h | $58K | $138K | 12x | as long as short |
| Variational Omni ARB | −0.413% | +0.0087% | 8h | $1.8M | $3.3M | — | as long as short |
| edgeX ARBUSDC | −0.412% | +0.0100% | 4h | $39K | $466K | 20x | as long as short |
| ApeX Omni ARBUSDT | −0.349% | −0.0255% | 1h | $127K | $260K | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.128% | −0.0235% | 1h | $68K | $2.5M | 10x | as long as short |
| Extended ARB-USD | −0.121% | +0.0104% | 1h | $367K | $2.4M | 25x | as long as short |
| 01 Exchange ARBUSD | −0.119% | −0.0248% | 1h | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.097% | −0.0140% | 8h | $56.7M | $131.3M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.097% | −0.0003% | 8h | $23.5M | $170.6M | 50x | as long as short |
| Reya ARBRUSDPERP | −0.091% | +0.0292% | 1h | $2K | $695 | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC ARB_USDT | −0.084% | 0.0000% | 8h | $40.8M | $61.9M | 200x | as long as short |
| Bitget ARBUSDT | −0.084% | +0.0100% | 8h | $21.0M | $39.2M | 50x | as long as short |
| SoDEX ARB-USD | −0.079% | −0.0049% | 1h | $5K | $2.9M | 5x | as long as short |
| Binance ARBUSDT | −0.067% | +0.0100% | 8h | $63.8M | $319.3M | 75x | as long as short |
| Gate ARB_USDT | −0.049% | +0.0054% | 8h | $5.5M | $20.8M | 60x | as long as short |
| KuCoin ARBUSDTM | −0.040% | +0.0100% | 8h | $20.8M | $18.0M | 75x | as long as short |
| BingX ARB-USDC | −0.040% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.040% | +0.0006% | 8h | $10K | $376K | 10x | as long as short |
| Phemex ARBUSDT | −0.040% | +0.0100% | 8h | $5.5M | $14.3M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.031% | 0.0000% | 1h | $39K | $16K | 25x | as long as short |
| GMX ARB/USD [ARB-USDC]short | −0.024% | L +0.0288% / S −0.0240% | 1h | $715K | — | 150x | |
| Aevo ARB-PERP | −0.004% | +0.0104% | 1h | $151K | $9K | 3x | as long as short |
| RISEx ARB/USDClong | 0.000% | +0.0519% | 1h | $411K | $3.0M | 10x | |
| gTrade (Gains Network) ARB/USD | +0.004% | L +0.0005% / S −0.0005% | 1h | $59K | — | 150x | as long as short |
| Aster ARBUSDT | +0.022% | +0.0100% | 8h | $718K | $2.1M | 20x | as long as short |
| Kraken Futures PF_ARBUSD | +0.024% | −0.0242% | 1h | $1.1M | $4.9M | 50x | as long as short |
| Hyperliquid ARB | +0.031% | +0.0100% | 1h | $41.8M | $48.3M | 10x | as long as short |
| BloFin ARB-USDT | +0.062% | +0.0220% | 8h | $3.1M | $3.2M | 75x | as long as short |
| HTX ARB-USDT | +0.079% | +0.0100% | 8h | $276K | $1.2M | 50x | as long as short |
| Pacifica ARB | +0.081% | +0.0100% | 1h | $48K | $218K | 10x | as long as short |
| dYdX ARB-USD | +0.084% | 0.0000% | 1h | $68K | $4K | 10x | as long as short |
| Lighter ARB | +0.102% | +0.0096% | 1h | $1.4M | $7.5M | 15x | as long as short |
| SunX ARB-USDT | +0.137% | +0.0100% | 8h | $1K | $1.1M | 30x | as long as short |
| Backpack ARB_USDC_PERP | +0.269% | +0.0284% | 1h | $933K | $2.9M | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.269% | +0.0432% | 1h | $526K | $2.5M | 50x | as long as short |