Funding you earn now, next payment 08:00 UTC−0.1682%/8h= −184.1% APRnext payment −$2.10 per $10,000 · paid last 24h −0.570%
Price spread now: Injective against RISEx−0.696%7-day average −0.453% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1121.122% of the position
Funding, last 4 days (all we have)−2.268%−$227 on $10k
+Price spread, last 4 days (all we have)+0.535%+$54 · spread now −0.696%, 7d avg −0.453%
=Both sides work against this trade now: funding costs −$50 a day on $10k at the current rate, and Injective is 0.243% cheaper against RISEx than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.453%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx ARB/USDC | 0.2194 | 0.0069 | pay 0.0009% / 1h | 51m 13s | $489K | $2.6M | 10x |
| Short | Injective ARB/USDC PERP | 0.2179 | −0.1612 | pay 0.0202% / 1h | 51m 13s | $39K | $372K | 12x |
RISEx ARB/USDC
Injective ARB/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against RISEx. 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
- −$353.12
- Price spread: −0.696% → −0.453%
- −$24.25
- Slippage, 4 orders
- −$106.14
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$489.54
- Costs to cover
- 1.122%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 3 min ago; Injective: live order book, 53 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, 3 min ago | 1.14 bp | 4.1 bp −$4 | 15.5 bp −$155 | doesn't fit | doesn't fit |
| Sell Injective live order book, 53 min ago | 51.93 bp | 51.9 bp −$52 | doesn't fit | doesn't fit | 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 PERPshort | −0.1612% | 1h | 0.2179 | −0.696% | $39K | $372K | 12x | |
| 01 Exchange ARBUSD | −0.0160% | 1h | 0.2193 | −0.058% | $7K | $236 | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0088% | 8h | 0.2194 | −0.026% | $22.0M | $145.1M | 50x | as long as short |
| MEXC ARB_USDT | −0.0087% | 8h | 0.2193 | −0.058% | $42.3M | $61.6M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0039% | 8h | 0.2193 | −0.058% | $12K | $407K | 10x | as long as short |
| Variational Omni ARB | −0.0027% | 8h | 0.2184 | −0.484% | $1.8M | $3.0M | — | as long as short |
| Bybit ARBUSDT | −0.0003% | 8h | 0.2194 | −0.031% | $53.7M | $126.3M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2194 | −0.031% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2193 | −0.035% | $28K | $38K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2194 | −0.016% | $44K | — | 150x | as long as short |
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDC
Variational Omni ARB
Bybit ARBUSDT
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDT | +0.0006% | 8h | 0.2193 | −0.063% | $62.7M | $301.4M | 75x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2192 | −0.126% | $349K | $3.0M | 25x | as long as short |
| Gate ARB_USDT | +0.0017% | 8h | 0.2194 | −0.017% | $5.4M | $18.3M | 60x | as long as short |
| Polymarket Perps ARB-USD | +0.0017% | 1h | 0.2193 | −0.044% | $67K | $2.1M | 10x | as long as short |
| BloFin ARB-USDT | +0.0023% | 8h | 0.2192 | −0.090% | $3.0M | $2.3M | 75x | as long as short |
| SoDEX ARB-USD | +0.0027% | 1h | 0.2193 | −0.072% | $9K | $2.2M | 5x | as long as short |
| RISEx ARB/USDClong | +0.0069% | 1h | 0.2194 | long leg | $489K | $2.6M | 10x | |
| BingX ARB-USDC | +0.0074% | 8h | 0.2193 | −0.058% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0079% | 8h | 0.2193 | −0.058% | $21.2M | $34.7M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2194 | −0.032% | $139K | $7K | 3x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0093% | 1h | 0.2194 | −0.035% | $1.1M | $4.4M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2193 | −0.076% | $1.2M | $5.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2195 | +0.038% | $37.1M | $49.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2193 | −0.053% | $630K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2195 | +0.035% | $43K | $148K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2194 | −0.012% | $19.5M | $14.2M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2189 | −0.249% | $39K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2189 | −0.220% | $467K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2188 | −0.286% | $118K | $279K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2196 | +0.079% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2193 | −0.053% | $293K | $833K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2193 | −0.058% | $4.8M | $12.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2190 | −0.192% | $826K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2193 | −0.072% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0336% | 1h | 0.2197 | +0.133% | $525K | $1.5M | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0786% | 1h | 0.2197 | +0.106% | $987K | $2.8M | 20x | as long as short |
Binance ARBUSDT
Extended ARB-USD
Gate ARB_USDT
Polymarket Perps ARB-USD
BloFin ARB-USDT
SoDEX ARB-USD
BingX ARB-USDC
Bitget ARBUSDT
Aevo ARB-PERP
Kraken Futures PF_ARBUSD
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
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP