Spread before costs (cost unknown: a leg has no order-book sample)−0.137%
7d average—if it closes, per $10,000$14funding while held, a day+$13.44
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange ARBUSD | 0.2261 | −0.0096 | get 0.0012% / 1h | 29m 34s | $7K | $2K | 10x |
| Short | Coinbase International ARB-PERP-INTX | 0.2258 | 0.0352 | get 0.0044% / 1h | 29m 34s | $523K | $2.5M | 50x |
Coinbase International ARB-PERP-INTXPrice 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
- −$13.71
- Funding while held
- $13.44
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$17.27
- Spread needed to break even
- 0.170%
Slippage unknown: 01 Exchange: no order-book sample; Coinbase International: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0448%
- Per $10,000 a day
- +$13.44
- 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 1 min ago | 6.64 bp | 23.0 bp −$23 | 46.2 bp −$462 | doesn't fit | 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.2245cheapestVariational Omni0.2249+0.167%edgeX0.2251+0.274%HTX0.2253+0.361%BloFin0.2253+0.370%Reya0.2254+0.408%Polymarket Perps0.2255+0.428%ApeX Omni0.2255+0.445%SunX0.2257+0.535%gTrade (Gains Network)0.2258+0.577%Orderly0.2258+0.579%
Injective
Variational Omni
HTX
BloFin
Reya
Polymarket Perps
ApeX Omni
SunX
gTrade (Gains Network)
OrderlyCoinbase International0.2258+0.579%
Phemex0.2258+0.579%SoDEX0.2258+0.584%Bybit0.2258+0.601%OKX0.2258+0.601%GMX0.2259+0.603%Deribit0.2259+0.615%MEXC0.2259+0.633%Aevo0.2259+0.645%Kraken Futures0.2260+0.655%Pacifica0.2260+0.662%Gate0.2260+0.668%Bitget0.2260+0.668%dYdX0.2260+0.672%Binance0.2260+0.672%Hyperliquid0.2260+0.682%KuCoin0.2260+0.682%Lighter0.2260+0.686%Extended0.2260+0.686%Aster0.2260+0.688%BingX0.2261+0.717%Backpack0.2262+0.748%RISEx0.2262+0.760%
Phemex
SoDEX
Bybit
OKX
GMX
Deribit
MEXC
Aevo
Kraken Futures
Pacifica
Gate
Bitget
dYdX
Binance
Hyperliquid
KuCoin
Lighter
Extended
Aster
BingX
Backpack
RISExARB on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.712% | −0.1615% | 1h | $55K | $69K | 12x | as long as short |
| Variational Omni ARB | −0.546% | +0.0001% | 8h | $1.9M | $3.2M | — | as long as short |
| edgeX ARBUSDC | −0.440% | +0.0100% | 4h | $38K | $447K | 20x | as long as short |
| HTX ARB-USDT | −0.354% | +0.0100% | 8h | $277K | $1.1M | 50x | as long as short |
| BloFin ARB-USDT | −0.345% | +0.0220% | 8h | $3.1M | $3.1M | 75x | as long as short |
| Reya ARBRUSDPERP | −0.307% | +0.0291% | 1h | $2K | $695 | 20x | as long as short |
| Polymarket Perps ARB-USD | −0.287% | +0.0049% | 1h | $66K | $2.3M | 10x | as long as short |
| ApeX Omni ARBUSDT | −0.270% | +0.0100% | 1h | $125K | $272K | 50x | as long as short |
| SunX ARB-USDT | −0.181% | +0.0100% | 8h | $2K | $1.1M | 30x | as long as short |
| gTrade (Gains Network) ARB/USD | −0.139% | L +0.0005% / S −0.0007% | 1h | $39K | — | 150x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.137% | +0.0019% | 8h | $11K | $385K | 10x | as long as short |
| Coinbase International ARB-PERP-INTXshort | −0.137% | +0.0352% | 1h | $523K | $2.5M | 50x | |
| Phemex ARBUSDT | −0.137% | +0.0100% | 8h | $5.5M | $14.1M | 50x | as long as short |
| SoDEX ARB-USD | −0.133% | −0.0141% | 1h | $5K | $2.8M | 5x | as long as short |
| Bybit ARBUSDT | −0.115% | −0.0184% | 8h | $58.5M | $130.3M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.115% | +0.0021% | 8h | $23.2M | $165.4M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | −0.114% | L +0.0319% / S −0.0254% | 1h | $840K | — | 150x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.102% | 0.0000% | 1h | $37K | $18K | 25x | as long as short |
| MEXC ARB_USDT | −0.084% | +0.0020% | 8h | $39.5M | $62.8M | 200x | as long as short |
| Aevo ARB-PERP | −0.072% | +0.0104% | 1h | $151K | $9K | 3x | as long as short |
| Kraken Futures PF_ARBUSD | −0.062% | −0.0005% | 1h | $1.1M | $5.0M | 50x | as long as short |
| Pacifica ARB | −0.054% | +0.0100% | 1h | $48K | $192K | 10x | as long as short |
| Gate ARB_USDT | −0.049% | +0.0099% | 8h | $5.5M | $21.3M | 60x | as long as short |
| Bitget ARBUSDT | −0.049% | +0.0100% | 8h | $21.1M | $38.4M | 50x | as long as short |
| dYdX ARB-USD | −0.045% | 0.0000% | 1h | $67K | $4K | 10x | as long as short |
| Binance ARBUSDT | −0.044% | +0.0100% | 8h | $63.3M | $315.4M | 75x | as long as short |
| Hyperliquid ARB | −0.035% | +0.0100% | 1h | $40.9M | $50.5M | 10x | as long as short |
| KuCoin ARBUSDTM | −0.035% | +0.0100% | 8h | $21.3M | $17.5M | 75x | as long as short |
| Lighter ARB | −0.031% | +0.0096% | 1h | $1.4M | $7.5M | 15x | as long as short |
| Extended ARB-USD | −0.031% | +0.0104% | 1h | $358K | $2.4M | 25x | as long as short |
| Aster ARBUSDT | −0.029% | +0.0100% | 8h | $703K | $1.8M | 20x | as long as short |
| 01 Exchange ARBUSDlong | 0.000% | −0.0096% | 1h | $7K | $2K | 10x | |
| BingX ARB-USDT | 0.000% | +0.0100% | 8h | — | $55.5M | — | as long as short |
| Backpack ARB_USDC_PERP | +0.031% | +0.0580% | 1h | $968K | $2.9M | 20x | as long as short |
| RISEx ARB/USDC | +0.043% | +0.0435% | 1h | $432K | $2.9M | 10x | as long as short |