Funding arb · Price arb /

ARB

all ARB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0132%/8h= −14.4% APRpaid last 24h −0.031%

Price spread now: SunX against RISEx+0.054%7-day average +0.058% · 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−$165as in the Price arb table

costs, in and out, $10k−$1651.647% of the position

Long on RISEx Short on SunX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.274%−$27 on $10k

Price spread, last 4 days (all we have)+2.437%+$244 · spread now +0.054%, 7d avg +0.058%

Together, before fees+2.164%+$216 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.058%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx ARB/USDC	0.2227	0.0232	pay 0.0029% / 1h	25m 50s	$487K	$2.7M	10x
Short	SunX ARB-USDT	0.2228	0.0100	get 0.0100% / 8h	5h 25m	$2K	$1.1M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.054%Rate

Funding earned: −$27.69
Price spread: +0.054% → +0.058%: −$0.44
Slippage, 4 orders: −$150.68
Fee RISEx: 3 bp × 2 orders: −$6
Fee SunX: 4 bp × 2 orders: −$8
Net: −$192.8
Costs to cover: 1.647%
Break-even: never at this rate

Slippage from RISEx: live order book, 3 min ago; SunX: live order book, 7 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	1.13 bp	4.1 bp −$4	16.4 bp −$164	doesn't fit	doesn't fit
Sell SunX live order book, 7 min ago	31.42 bp	95.5 bp −$96	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 PERP	−0.1577%	1h	0.2212	−0.665%	$40K	$372K	12x	as long as short
Variational Omni ARB	−0.0151%	8h	0.2225	−0.092%	$1.9M	$2.9M	—	as long as short
OKX ARB-USDT-SWAP	−0.0135%	8h	0.2223	−0.184%	$22.4M	$150.9M	50x	as long as short
MEXC ARB_USDT	−0.0134%	8h	0.2223	−0.193%	$38.1M	$59.2M	200x	as long as short
01 Exchange ARBUSD	−0.0128%	1h	0.2226	−0.049%	$7K	$2K	10x	as long as short
Gate ARB_USDT	−0.0107%	8h	0.2223	−0.162%	$5.4M	$19.1M	60x	as long as short
Bybit ARBUSDT	−0.0102%	8h	0.2224	−0.144%	$56.5M	$126.1M	50x	as long as short
Polymarket Perps ARB-USD	−0.0101%	1h	0.2225	−0.103%	$96K	$2.1M	10x	as long as short
Kraken Futures PF_ARBUSD	−0.0098%	1h	0.2227	−0.007%	$1.1M	$4.5M	50x	as long as short
SoDEX ARB-USD	−0.0093%	1h	0.2225	−0.072%	$10K	$2.4M	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ARB_USDC	−0.0071%	8h	0.2226	−0.036%	$13K	$386K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2223	−0.151%	$66K	$5K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2226	−0.036%	$25K	$34K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0013%	1h	0.2226	−0.025%	$11K	—	150x	as long as short
Binance ARBUSDT	+0.0014%	8h	0.2224	−0.137%	$64.8M	$307.4M	75x	as long as short
Extended ARB-USD	+0.0016%	1h	0.2222	−0.229%	$355K	$2.5M	25x	as long as short
ApeX Omni ARBUSDT	+0.0020%	1h	0.2227	+0.009%	$120K	$283K	50x	as long as short
BloFin ARB-USDT	+0.0055%	8h	0.2220	−0.319%	$3.1M	$2.7M	75x	as long as short
Phemex ARBUSDT	+0.0068%	8h	0.2225	−0.081%	$5.0M	$12.9M	50x	as long as short
Bitget ARBUSDT	+0.0085%	8h	0.2222	−0.216%	$21.2M	$34.7M	50x	as long as short
Aevo ARB-PERP	+0.0088%	1h	0.2226	−0.026%	$141K	$7K	3x	as long as short
BingX ARB-USDC	+0.0091%	8h	0.2222	−0.220%	—	$6.5M	—	as long as short
Lighter ARB	+0.0096%	1h	0.2226	−0.054%	$1.2M	$6.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2225	−0.081%	$38.6M	$49.8M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2225	−0.090%	$652K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2222	−0.214%	$42K	$175K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2224	−0.130%	$19.6M	$15.4M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2221	−0.256%	$40K	$460K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2223	−0.189%	$482K	$3.6M	10x	as long as short
SunX ARB-USDTshort	+0.0100%	8h	0.2228	+0.054%	$2K	$1.1M	30x
HTX ARB-USDT	+0.0100%	8h	0.2226	−0.036%	$298K	$937K	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0224%	1h	0.2227	−0.009%	$508K	$2.0M	50x	as long as short
RISEx ARB/USDClong	+0.0232%	1h	0.2227	long leg	$487K	$2.7M	10x
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2226	−0.041%	$830K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2223	−0.152%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0566%	1h	0.2228	+0.045%	$1.0M	$2.8M	20x	as long as short