Funding you earn now, next payment 05:00 UTC+0.0022%/8h= +2.4% APRpaid last 24h −0.020%
Price spread now: Bybit against 01 Exchange+0.095%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.095% dearer against 01 Exchange than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange ARBUSD | 0.2200 | −0.0064 | get 0.0008% / 1h | 53m 24s | $7K | $2K | 10x |
| Short | Bybit ARBUSDT | 0.2202 | −0.0042 | pay 0.0042% / 8h | 3h 53m | $55.4M | $124.1M | 50x |
01 Exchange ARBUSD
Bybit ARBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against 01 Exchange. 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
- $4.54
- Price spread: +0.095% → 0.000%
- $9.55
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$3.91
- Costs to cover
- 0.180%
- Break-even
- 13.0 days
Slippage unknown: 01 Exchange: no order-book sample; Bybit: live order book, 6 min ago. 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 6 min ago | 0.23 bp | 9.4 bp −$9 | 26.5 bp −$265 | 56.4 bp −$5,638 | doesn't fit |
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 | −0.1589% | 1h | 0.2188 | −0.532% | $39K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0246% | 1h | 0.2201 | +0.068% | $81K | $2.1M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0115% | 8h | 0.2202 | +0.100% | $22.2M | $144.1M | 50x | as long as short |
| MEXC ARB_USDT | −0.0115% | 8h | 0.2201 | +0.068% | $42.3M | $60.2M | 200x | as long as short |
| Variational Omni ARB | −0.0097% | 8h | 0.2199 | −0.033% | $1.8M | $2.9M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0073% | 8h | 0.2202 | +0.105% | $12K | $405K | 10x | as long as short |
| 01 Exchange ARBUSDlong | −0.0064% | 1h | 0.2200 | long leg | $7K | $2K | 10x | |
| Kraken Futures PF_ARBUSD | −0.0050% | 1h | 0.2199 | −0.036% | $1.1M | $4.4M | 50x | as long as short |
| Bybit ARBUSDTshort | −0.0042% | 8h | 0.2202 | +0.095% | $55.4M | $124.1M | 50x | |
| Gate ARB_USDT | −0.0034% | 8h | 0.2201 | +0.077% | $5.3M | $18.0M | 60x | 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
Kraken Futures PF_ARBUSD
Gate ARB_USDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2200 | +0.009% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2198 | −0.073% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2202 | +0.124% | $32K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0022% | 8h | 0.2202 | +0.118% | $64.0M | $300.2M | 75x | as long as short |
| Extended ARB-USD | +0.0024% | 1h | 0.2202 | +0.087% | $350K | $2.5M | 25x | as long as short |
| SoDEX ARB-USD | +0.0051% | 1h | 0.2198 | −0.086% | $10K | $2.2M | 5x | as long as short |
| Bitget ARBUSDT | +0.0060% | 8h | 0.2200 | +0.014% | $20.9M | $34.1M | 50x | as long as short |
| BingX ARB-USDT | +0.0061% | 8h | 0.2201 | +0.073% | — | $53.6M | — | as long as short |
| BloFin ARB-USDT | +0.0084% | 8h | 0.2203 | +0.159% | $3.1M | $2.5M | 75x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2203 | +0.139% | $140K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2199 | −0.018% | $1.2M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2203 | +0.164% | $37.8M | $48.3M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2199 | −0.038% | $633K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2199 | −0.025% | $42K | $163K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2202 | +0.123% | $19.6M | $14.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2201 | +0.044% | $38K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2201 | +0.072% | $467K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2200 | +0.014% | $119K | $284K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2200 | +0.014% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2200 | +0.027% | $299K | $900K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2200 | +0.014% | $5.0M | $12.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0118% | 1h | 0.2200 | +0.016% | $481K | $2.6M | 10x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0256% | 1h | 0.2204 | +0.195% | $492K | $1.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2203 | +0.142% | $831K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2201 | +0.061% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0604% | 1h | 0.2200 | +0.032% | $991K | $2.8M | 20x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
SoDEX ARB-USD
Bitget ARBUSDT
BingX ARB-USDT
BloFin ARB-USDT
Aevo ARB-PERP
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
RISEx ARB/USDC
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP