Funding you earn now, next payment 05:00 UTC−0.0150%/8h= −16.4% APRnext payment −$0.19 per $10,000 · paid last 24h +0.033%
Price spread now: Kraken Futures against SoDEX+0.052%7-day average +0.070% · 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−$50as in the Price arb table
costs, in and out, $10k−$480.481% of the position
Funding, last 3 days (all we have)+0.081%+$8 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.052%, 7d avg +0.070%
=The price spread sits at its 7-day average of +0.070%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.081%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX ARB-USD | 0.2192 | 0.0100 | pay 0.0013% / 1h | 15m 18s | $10K | $2.2M | 5x |
| Short | Kraken Futures PF_ARBUSD | 0.2193 | −0.0050 | pay 0.0006% / 1h | 15m 18s | $1.1M | $4.4M | 50x |
SoDEX ARB-USD
Kraken Futures PF_ARBUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against SoDEX. 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
- −$31.54
- Price spread: +0.052% → +0.070%
- −$1.78
- Slippage, 4 orders
- −$30.05
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$81.38
- Costs to cover
- 0.481%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 4 min ago; Kraken Futures: live order book, 4 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 SoDEX live order book, 4 min ago | 0.23 bp | 5.5 bp −$6 | 20.0 bp −$200 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 8.43 bp | 21.6 bp −$22 | 30.2 bp −$302 | 579.3 bp −$57.9K | 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 | −0.1589% | 1h | 0.2183 | −0.392% | $39K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0166% | 1h | 0.2192 | −0.005% | $70K | $2.1M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0102% | 8h | 0.2191 | −0.023% | $22.0M | $142.0M | 50x | as long as short |
| MEXC ARB_USDT | −0.0101% | 8h | 0.2192 | +0.014% | $41.4M | $60.7M | 200x | as long as short |
| Variational Omni ARB | −0.0095% | 8h | 0.2191 | −0.033% | $1.8M | $3.0M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0064% | 8h | 0.2192 | +0.018% | $12K | $407K | 10x | as long as short |
| Bybit ARBUSDT | −0.0051% | 8h | 0.2191 | −0.046% | $55.3M | $123.2M | 50x | as long as short |
| Kraken Futures PF_ARBUSDshort | −0.0050% | 1h | 0.2193 | +0.052% | $1.1M | $4.4M | 50x | |
| 01 Exchange ARBUSD | −0.0016% | 1h | 0.2190 | −0.050% | $7K | $1K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2191 | −0.044% | $65K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Orderly PERP_ARB_USDC
Bybit ARBUSDT
01 Exchange ARBUSD
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2193 | +0.050% | $24K | $34K | 25x | as long as short |
| Gate ARB_USDT | +0.0002% | 8h | 0.2192 | +0.023% | $5.3M | $18.2M | 60x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2192 | +0.039% | $44K | — | 150x | as long as short |
| Extended ARB-USD | +0.0048% | 1h | 0.2190 | −0.060% | $349K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0051% | 8h | 0.2192 | −0.005% | $64.0M | $298.5M | 75x | as long as short |
| BingX ARB-USDT | +0.0053% | 8h | 0.2193 | +0.041% | — | $53.7M | — | as long as short |
| Bitget ARBUSDT | +0.0054% | 8h | 0.2191 | −0.027% | $20.8M | $33.8M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2191 | −0.009% | $1.3M | $5.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2193 | +0.046% | $139K | $7K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2194 | +0.110% | $37.4M | $48.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2191 | −0.039% | $630K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2190 | −0.070% | $42K | $158K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2193 | +0.059% | $19.6M | $14.5M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2194 | +0.105% | $39K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2194 | +0.116% | $468K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2194 | +0.110% | $118K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2193 | +0.064% | $1K | $1.1M | 30x | as long as short |
| SoDEX ARB-USDlong | +0.0100% | 1h | 0.2192 | long leg | $10K | $2.2M | 5x | |
| HTX ARB-USDT | +0.0100% | 8h | 0.2192 | 0.000% | $296K | $885K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2191 | −0.027% | $5.0M | $12.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0118% | 1h | 0.2192 | +0.026% | $471K | $2.6M | 10x | as long as short |
| BloFin ARB-USDT | +0.0171% | 8h | 0.2192 | +0.018% | $3.1M | $2.5M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0256% | 1h | 0.2193 | +0.064% | $494K | $1.6M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2193 | +0.065% | $827K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2191 | −0.016% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0576% | 1h | 0.2193 | +0.046% | $985K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
Gate ARB_USDT
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
BingX ARB-USDT
Bitget ARBUSDT
Lighter ARB
Aevo ARB-PERP
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
RISEx ARB/USDC
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP