Funding you earn now, next payment 07:00 UTC−0.0021%/8h= −2.2% APRnext payment −$0.03 per $10,000 · paid last 24h −0.012%
Price spread now: 01 Exchange against SoDEX−0.073%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and 01 Exchange is 0.073% cheaper against SoDEX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX ARB-USD | 0.2205 | −0.0115 | get 0.0014% / 1h | 14m 35s | $9K | $2.2M | 5x |
| Short | 01 Exchange ARBUSD | 0.2203 | −0.0136 | pay 0.0017% / 1h | 14m 35s | $7K | $236 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$4.31
- Price spread: −0.073% → 0.000%
- −$7.26
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$26.57
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: SoDEX: live order book, 4 min ago; 01 Exchange: no order-book sample. Net counts fees only.
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 | 0.45 bp | 5.8 bp −$6 | 21.1 bp −$211 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 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 | −0.1592% | 1h | 0.2191 | −0.635% | $40K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0183% | 1h | 0.2203 | −0.082% | $67K | $2.1M | 10x | as long as short |
| 01 Exchange ARBUSDshort | −0.0136% | 1h | 0.2203 | −0.073% | $7K | $236 | 10x | |
| SoDEX ARB-USDlong | −0.0115% | 1h | 0.2205 | long leg | $9K | $2.2M | 5x | |
| OKX ARB-USDT-SWAP | −0.0087% | 8h | 0.2203 | −0.077% | $22.2M | $145.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0086% | 8h | 0.2204 | −0.027% | $41.7M | $62.2M | 200x | as long as short |
| Variational Omni ARB | −0.0049% | 8h | 0.2201 | −0.174% | $1.8M | $3.0M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0040% | 8h | 0.2205 | 0.000% | $12K | $409K | 10x | as long as short |
| Bybit ARBUSDT | −0.0009% | 8h | 0.2203 | −0.073% | $54.1M | $126.4M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2205 | −0.020% | $65K | $5K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2205 | +0.009% | $28K | $38K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2204 | −0.045% | $45K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0029% | 8h | 0.2205 | +0.005% | $5.4M | $18.5M | 60x | as long as short |
| Binance ARBUSDT | +0.0054% | 8h | 0.2205 | −0.017% | $63.1M | $301.6M | 75x | as long as short |
| RISEx ARB/USDC | +0.0056% | 1h | 0.2205 | 0.000% | $486K | $2.6M | 10x | as long as short |
| Extended ARB-USD | +0.0056% | 1h | 0.2204 | −0.040% | $352K | $2.8M | 25x | as long as short |
| BingX ARB-USDC | +0.0065% | 8h | 0.2204 | −0.036% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0068% | 8h | 0.2205 | 0.000% | $21.3M | $34.7M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2205 | +0.023% | $1.2M | $5.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2205 | +0.023% | $140K | $7K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2205 | +0.005% | $37.3M | $49.3M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2205 | +0.003% | $633K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2206 | +0.049% | $43K | $148K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2205 | −0.018% | $19.6M | $14.2M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2201 | −0.162% | $39K | $465K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2207 | +0.111% | $480K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2200 | −0.227% | $119K | $280K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2205 | 0.000% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2204 | −0.054% | $294K | $857K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2205 | 0.000% | $4.9M | $12.8M | 50x | as long as short |
| BloFin ARB-USDT | +0.0174% | 8h | 0.2206 | +0.036% | $3.0M | $2.3M | 75x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0231% | 1h | 0.2206 | +0.067% | $1.1M | $4.4M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2204 | −0.044% | $832K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2205 | −0.009% | $525K | $1.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2203 | −0.113% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0599% | 1h | 0.2208 | +0.150% | $992K | $2.8M | 20x | as long as short |
SoDEX ARB-USD
01 Exchange ARBUSD
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Binance ARBUSDT
RISEx ARB/USDC
Extended ARB-USD
BingX ARB-USDC
Bitget ARBUSDT
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
BloFin ARB-USDT
Kraken Futures PF_ARBUSD
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP