Settings8H · net · $10k
Funding arb · Price arb /

ARB

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0298%/8h= +32.7% APRnext payment +$0.37 per $10,000 · paid last 24h +0.049%
Price spread now: Pacifica against SoDEX+0.091%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$340.345% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.085%+$8 on $10k
Price spread, last 3 days (all we have)−0.877%−$88 · spread now +0.091%, 7d avg +0.005%
Together, before fees−0.792%+ Points / potential airdropPacifica: Active · farm board−$79 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Pacifica is 0.086% dearer against SoDEX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.005%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.085% in total (about 9.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.37 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ARB-USD0.2243−0.0198get 0.0025% / 1h15m 01s$4K$2.8M5x
ShortPacifica ARB0.22450.0100get 0.0013% / 1h15m 01s$44K$193K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against SoDEX. 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

Funding earned
$62.63
Price spread: +0.091% → +0.005%
$8.56
Slippage, 4 orders
−$18.49
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$36.7
Costs to cover
0.345%
Break-even
2.9 days
Slippage from SoDEX: live order book, 4 min ago; Pacifica: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX live order book, 4 min ago0.22 bp5.3 bp −$517.9 bp −$179doesn't fitdoesn't fit
Sell Pacifica live order book, 3 min ago6.25 bp12.9 bp −$13doesn't fitdoesn't fitdoesn't fit

ARB on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1770%1h0.2231−0.513%$40K$372K12xas long as short
01 Exchange ARBUSD−0.0232%1h0.2241−0.045%$7K$2K10xas long as short
SoDEX ARB-USDlong−0.0198%1h0.2243long leg$4K$2.8M5x
Variational Omni ARB−0.0168%8h0.2236−0.273%$1.9M$2.7Mas long as short
Bybit ARBUSDT−0.0149%8h0.2241−0.062%$57.9M$132.8M50xas long as short
Polymarket Perps ARB-USD−0.0127%1h0.2242−0.031%$73K$2.0M10xas long as short
Deribit ARB_USDC-PERPETUAL−0.0107%1h0.2242−0.013%$26K$32K25xas long as short
OKX ARB-USDT-SWAP−0.0099%8h0.2242−0.040%$22.5M$160.7M50xas long as short
MEXC ARB_USDT−0.0098%8h0.2243+0.022%$37.4M$62.7M200xas long as short
Orderly PERP_ARB_USDC−0.0038%8h0.2242−0.022%$10K$394K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ARBUSDT−0.0009%8h0.2242−0.019%$64.2M$316.6M75xas long as short
Extended ARB-USD−0.0008%1h0.2241−0.067%$356K$2.4M25xas long as short
dYdX ARB-USD0.0000%1h0.2245+0.120%$66K$4K10xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0005%1h0.2243+0.025%$56K150xas long as short
Gate ARB_USDT+0.0037%8h0.2243+0.009%$5.5M$20.7M60xas long as short
Bitget ARBUSDT+0.0067%8h0.2243+0.022%$21.2M$37.2M50xas long as short
BingX ARB-USDT+0.0068%8h0.2243+0.009%$53.2Mas long as short
Aevo ARB-PERP+0.0080%1h0.2244+0.054%$147K$12K3xas long as short
Kraken Futures PF_ARBUSD+0.0085%1h0.2245+0.121%$1.1M$5.1M50xas long as short
Lighter ARB+0.0096%1h0.2245+0.089%$1.3M$7.4M15xas long as short
Hyperliquid ARB+0.0100%1h0.2245+0.111%$40.1M$50.6M10xas long as short
Aster ARBUSDT+0.0100%8h0.2243+0.025%$697K$1.6M20xas long as short
Pacifica ARBshort+0.0100%1h0.2245+0.091%$44K$193K10x
KuCoin ARBUSDTM+0.0100%8h0.2244+0.071%$20.7M$16.4M75xas long as short
edgeX ARBUSDC+0.0100%4h0.2238−0.185%$40K$463K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2239−0.134%$486K$3.8M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2240−0.111%$121K$295K50xas long as short
SunX ARB-USDT+0.0100%8h0.2244+0.067%$1K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2242−0.036%$277K$1.1M50xas long as short
Phemex ARBUSDT+0.0100%8h0.2242−0.022%$5.2M$13.4M50xas long as short
BloFin ARB-USDT+0.0111%8h0.2241−0.045%$3.0M$3.3M75xas long as short
Coinbase International ARB-PERP-INTX+0.0264%1h0.2242−0.022%$506K$2.3M50xas long as short
GMX ARB/USD [ARB-USDC]L +0.0274% / S −0.0156%1h0.2243+0.007%$841K150xas long as short
Reya ARBRUSDPERP+0.0290%1h0.2241−0.056%$2K$69520xas long as short
RISEx ARB/USDC+0.0363%1h0.2244+0.060%$496K$2.7M10xas long as short
Backpack ARB_USDC_PERP+0.0622%1h0.2246+0.165%$1.1M$2.7M20xas long as short