Spread before costs (cost unknown: a leg has no order-book sample)+0.208%
7d average—if it closes, per $10,000$21funding while held, a day−$2.84
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ARB | 0.2305 | 0.0100 | pay 0.0100% / 8h | 5m 08s | $1.9M | $3.3M | — |
| Short | gTrade (Gains Network) ARB/USD | 0.2310 | L +0.0005% / S −0.0005% | get 0.0001% / 1h | 5m 08s | $34K | — | 150x |
Price 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
- $20.75
- Funding while held
- −$2.84
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $7.92
- Spread needed to break even
- 0.100%
Slippage unknown: Variational Omni: RFQ quote, just now; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0095%
- Per $10,000 a day
- −$2.84
- 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 Variational Omni RFQ quote, just now | 4.34 bp | doesn't fit | 21.7 bp −$217 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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.ARB on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.388% | −0.1425% | 1h | $59K | $248K | 12x | as long as short |
| ApeX Omni ARBUSDT | −0.301% | +0.0100% | 1h | $129K | $262K | 50x | as long as short |
| edgeX ARBUSDC | −0.246% | +0.0100% | 4h | $39K | $464K | 20x | as long as short |
| OKX ARB-USDT-SWAP | −0.045% | +0.0029% | 8h | $23.9M | $179.1M | 50x | as long as short |
| Bitget ARBUSDT | −0.041% | +0.0100% | 8h | $21.3M | $39.4M | 50x | as long as short |
| Bybit ARBUSDT | −0.028% | +0.0100% | 8h | $58.6M | $131.5M | 50x | as long as short |
| BingX ARB-USDT | −0.002% | +0.0100% | 8h | — | $53.3M | — | as long as short |
| Variational Omni ARBlong | 0.000% | +0.0100% | 8h | $1.9M | $3.3M | — | |
| MEXC ARB_USDT | +0.002% | +0.0031% | 8h | $34.6M | $61.6M | 200x | as long as short |
| Extended ARB-USD | +0.025% | +0.0104% | 1h | $373K | $2.4M | 25x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| 01 Exchange ARBUSD | +0.033% | −0.0040% | 1h | $7K | $2K | 10x | as long as short |
| HTX ARB-USDT | +0.054% | +0.0100% | 8h | $281K | $1.2M | 50x | as long as short |
| BloFin ARB-USDT | +0.059% | +0.0220% | 8h | $3.2M | $3.2M | 75x | as long as short |
| Pacifica ARB | +0.063% | +0.0100% | 1h | $49K | $228K | 10x | as long as short |
| dYdX ARB-USD | +0.064% | 0.0000% | 1h | $70K | $4K | 10x | as long as short |
| SoDEX ARB-USD | +0.067% | −0.0028% | 1h | $5K | $2.9M | 5x | as long as short |
| Binance ARBUSDT | +0.072% | +0.0100% | 8h | $65.6M | $324.6M | 75x | as long as short |
| Reya ARBRUSDPERP | +0.074% | +0.0292% | 1h | $2K | $695 | 20x | as long as short |
| Phemex ARBUSDT | +0.089% | +0.0100% | 8h | $5.8M | $14.6M | 50x | as long as short |
| Lighter ARB | +0.098% | +0.0096% | 1h | $1.6M | $7.3M | 15x | as long as short |
| KuCoin ARBUSDTM | +0.102% | +0.0100% | 8h | $20.4M | $18.4M | 75x | as long as short |
| Kraken Futures PF_ARBUSD | +0.123% | +0.0439% | 1h | $1.1M | $4.9M | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.124% | +0.0100% | 1h | $63K | $2.5M | 10x | as long as short |
| RISEx ARB/USDC | +0.130% | +0.0037% | 1h | $423K | $3.3M | 10x | as long as short |
| SunX ARB-USDT | +0.132% | +0.0100% | 8h | $1K | $1.1M | 30x | as long as short |
| Aster ARBUSDT | +0.164% | +0.0100% | 8h | $705K | $2.2M | 20x | as long as short |
| Gate ARB_USDT | +0.176% | +0.0100% | 8h | $5.6M | $21.5M | 60x | as long as short |
| Orderly PERP_ARB_USDC | +0.176% | −0.0022% | 8h | $11K | $342K | 10x | as long as short |
| Aevo ARB-PERP | +0.176% | +0.0104% | 1h | $154K | $9K | 3x | as long as short |
| Deribit ARB_USDC-PERPETUAL | +0.185% | 0.0000% | 1h | $40K | $16K | 25x | as long as short |
| gTrade (Gains Network) ARB/USDshort | +0.208% | L +0.0005% / S −0.0005% | 1h | $34K | — | 150x | |
| Backpack ARB_USDC_PERP | +0.211% | +0.0647% | 1h | $988K | $3.0M | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | +0.216% | L +0.0264% / S −0.0178% | 1h | $736K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.219% | +0.0520% | 1h | $532K | $2.5M | 50x | as long as short |
| Hyperliquid ARB | +0.254% | +0.0282% | 1h | $42.3M | $49.5M | 10x | as long as short |
Variational Omni ARB
gTrade (Gains Network) ARB/USD
Injective
ApeX Omni
OKX
Bitget
Bybit
BingX
MEXC
Extended
HTX
BloFin
Pacifica
SoDEX
Binance
Phemex
Lighter
KuCoin
Kraken Futures
Polymarket Perps
RISEx
SunX
Aster
Gate
Deribit
Backpack
GMX
Coinbase International
Hyperliquid