Spread before costs (cost unknown: a leg has no order-book sample)+0.018%
7d average+0.011%if it closes, per $10,000$2funding while held, a day−$1.25
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX ARB-USD | 0.2258 | 0.0060 | pay 0.0007% / 1h | 11m 56s | $5K | $2.8M | 5x |
| Short | Orderly PERP_ARB_USDC | 0.2258 | 0.0018 | get 0.0018% / 8h | 6h 11m | $10K | $379K | 10x |
SoDEX ARB-USD
Orderly PERP_ARB_USDCPrice 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
- $1.77
- Funding while held
- −$1.25
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$13.48
- Spread needed to break even
- 0.140%
Slippage unknown: SoDEX: live order book, 4 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0042%
- Per $10,000 a day
- −$1.25
- 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 SoDEX live order book, 4 min ago | 0.22 bp | 5.9 bp −$6 | 20.6 bp −$206 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.Injective0.2239cheapestedgeX0.2249+0.433%BloFin0.2249+0.464%ApeX Omni0.2250+0.491%Variational Omni0.2250+0.498%Pacifica0.2254+0.677%Bybit0.2254+0.679%Extended0.2254+0.689%BingX0.2255+0.701%Reya0.2255+0.713%MEXC0.2255+0.715%dYdX0.2255+0.723%Gate0.2255+0.728%OKX0.2255+0.732%01 Exchange0.2256+0.737%HTX0.2256+0.737%Binance0.2256+0.741%Polymarket Perps0.2256+0.750%Bitget0.2256+0.759%Phemex0.2256+0.759%SunX0.2257+0.804%GMX0.2257+0.805%Aster0.2257+0.815%KuCoin0.2258+0.831%gTrade (Gains Network)0.2258+0.831%
Injective
BloFin
ApeX Omni
Variational Omni
Pacifica
Bybit
Extended
BingX
Reya
MEXC
dYdX
Gate
OKX
HTX
Binance
Polymarket Perps
Bitget
Phemex
SunX
GMX
Aster
KuCoin
gTrade (Gains Network)SoDEX0.2258+0.831%
Kraken Futures0.2258+0.848%
Kraken FuturesOrderly0.2258+0.849%
Coinbase International0.2258+0.849%RISEx0.2258+0.851%Deribit0.2258+0.866%Lighter0.2258+0.871%Aevo0.2259+0.903%Hyperliquid0.2260+0.947%Backpack0.2261+1.000%
Coinbase International
RISEx
Deribit
Lighter
Aevo
Hyperliquid
BackpackARB on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.824% | −0.1630% | 1h | $55K | $139K | 12x | as long as short |
| edgeX ARBUSDC | −0.395% | +0.0100% | 4h | $38K | $465K | 20x | as long as short |
| BloFin ARB-USDT | −0.363% | +0.0220% | 8h | $3.1M | $3.1M | 75x | as long as short |
| ApeX Omni ARBUSDT | −0.337% | +0.0100% | 1h | $126K | $259K | 50x | as long as short |
| Variational Omni ARB | −0.330% | +0.0059% | 8h | $1.8M | $3.3M | — | as long as short |
| Pacifica ARB | −0.153% | +0.0100% | 1h | $48K | $199K | 10x | as long as short |
| Bybit ARBUSDT | −0.151% | −0.0081% | 8h | $56.9M | $130.4M | 50x | as long as short |
| Extended ARB-USD | −0.141% | +0.0104% | 1h | $366K | $2.4M | 25x | as long as short |
| BingX ARB-USDT | −0.128% | +0.0100% | 8h | — | $55.5M | — | as long as short |
| Reya ARBRUSDPERP | −0.117% | +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 | −0.115% | +0.0008% | 8h | $40.8M | $64.0M | 200x | as long as short |
| dYdX ARB-USD | −0.107% | 0.0000% | 1h | $68K | $3K | 10x | as long as short |
| Gate ARB_USDT | −0.102% | +0.0100% | 8h | $5.4M | $21.3M | 60x | as long as short |
| OKX ARB-USDT-SWAP | −0.097% | +0.0009% | 8h | $23.2M | $165.9M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.093% | −0.0192% | 1h | $7K | $2K | 10x | as long as short |
| HTX ARB-USDT | −0.093% | +0.0100% | 8h | $275K | $1.1M | 50x | as long as short |
| Binance ARBUSDT | −0.089% | +0.0100% | 8h | $63.3M | $317.9M | 75x | as long as short |
| Polymarket Perps ARB-USD | −0.080% | −0.0102% | 1h | $68K | $2.4M | 10x | as long as short |
| Bitget ARBUSDT | −0.071% | +0.0100% | 8h | $20.9M | $38.9M | 50x | as long as short |
| Phemex ARBUSDT | −0.071% | +0.0100% | 8h | $5.4M | $14.1M | 50x | as long as short |
| SunX ARB-USDT | −0.027% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| GMX ARB/USD [ARB-USDC] | −0.025% | L +0.0303% / S −0.0273% | 1h | $717K | — | 150x | as long as short |
| Aster ARBUSDT | −0.015% | +0.0100% | 8h | $709K | $1.8M | 20x | as long as short |
| KuCoin ARBUSDTM | 0.000% | +0.0100% | 8h | $20.6M | $17.8M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | 0.000% | L +0.0005% / S −0.0006% | 1h | $59K | — | 150x | as long as short |
| SoDEX ARB-USDlong | 0.000% | +0.0060% | 1h | $5K | $2.8M | 5x | |
| Kraken Futures PF_ARBUSD | +0.017% | −0.0243% | 1h | $1.1M | $4.9M | 50x | as long as short |
| Orderly PERP_ARB_USDCshort | +0.018% | +0.0018% | 8h | $10K | $379K | 10x | |
| Coinbase International ARB-PERP-INTX | +0.018% | +0.0432% | 1h | $525K | $2.5M | 50x | as long as short |
| RISEx ARB/USDC | +0.020% | +0.0519% | 1h | $429K | $3.0M | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | +0.035% | +0.0016% | 1h | $39K | $16K | 25x | as long as short |
| Lighter ARB | +0.040% | +0.0096% | 1h | $1.4M | $7.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.071% | +0.0104% | 1h | $151K | $9K | 3x | as long as short |
| Hyperliquid ARB | +0.115% | +0.0210% | 1h | $41.7M | $49.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.168% | +0.0527% | 1h | $965K | $3.0M | 20x | as long as short |