Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.095%

Price spread now: HTX against 01 Exchange−0.040%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on HTX

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. HTX is 0.040% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.040% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 15 hours of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange ARBUSD	0.2255	−0.0120	get 0.0015% / 1h	32m 35s	$7K	$2K	10x
Short	HTX ARB-USDT	0.2254	0.0100	get 0.0100% / 8h	3h 32m	$276K	$1.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee 01 ExchangebpFee HTXbpOrdersPrice spread, now −0.040%Rate

Funding earned: $46.2
Price spread: −0.040% → 0.000%: −$3.99
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee HTX: 6 bp × 2 orders: −$12
Net: $23.21
Costs to cover: 0.190%
Break-even: 3.5 days

Slippage unknown: 01 Exchange: no order-book sample; HTX: live order book, 2 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 HTX live order book, 2 min ago	2.89 bp	35.5 bp −$35	doesn't fit	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 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	−0.0803%	1h	0.2242	−0.585%	$40K	$107K	12x	as long as short
Kraken Futures PF_ARBUSD	−0.0313%	1h	0.2253	−0.110%	$1.2M	$5.2M	50x	as long as short
Bybit ARBUSDT	−0.0302%	8h	0.2255	−0.009%	$58.5M	$134.0M	50x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0194%	1h	0.2251	−0.168%	$37K	$18K	25x	as long as short
Variational Omni ARB	−0.0187%	8h	0.2254	−0.063%	$1.9M	$2.8M	—	as long as short
SoDEX ARB-USD	−0.0178%	1h	0.2250	−0.244%	$5K	$2.9M	5x	as long as short
ApeX Omni ARBUSDT	−0.0123%	1h	0.2260	+0.213%	$124K	$275K	50x	as long as short
01 Exchange ARBUSDlong	−0.0120%	1h	0.2255	long leg	$7K	$2K	10x
OKX ARB-USDT-SWAP	−0.0041%	8h	0.2254	−0.067%	$23.2M	$166.5M	50x	as long as short
MEXC ARB_USDT	−0.0041%	8h	0.2254	−0.044%	$38.4M	$63.5M	200x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ARB-USD	0.0000%	1h	0.2257	+0.077%	$67K	$4K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2254	−0.060%	$60K	—	150x	as long as short
Orderly PERP_ARB_USDC	+0.0008%	8h	0.2252	−0.142%	$10K	$385K	10x	as long as short
Binance ARBUSDT	+0.0021%	8h	0.2255	+0.009%	$64.1M	$323.2M	75x	as long as short
Extended ARB-USD	+0.0024%	1h	0.2253	−0.083%	$358K	$2.5M	25x	as long as short
Polymarket Perps ARB-USD	+0.0029%	1h	0.2253	−0.084%	$71K	$2.3M	10x	as long as short
Gate ARB_USDT	+0.0061%	8h	0.2254	−0.049%	$5.5M	$21.8M	60x	as long as short
Aevo ARB-PERP	+0.0088%	1h	0.2252	−0.145%	$147K	$12K	3x	as long as short
BloFin ARB-USDT	+0.0093%	8h	0.2253	−0.080%	$3.0M	$3.3M	75x	as long as short
Lighter ARB	+0.0096%	1h	0.2257	+0.093%	$1.4M	$7.7M	15x	as long as short
Bitget ARBUSDT	+0.0096%	8h	0.2253	−0.098%	$21.1M	$38.9M	50x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2260	+0.217%	$41.0M	$52.5M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2258	+0.113%	$710K	$1.8M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2257	+0.076%	$51K	$203K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2256	+0.049%	$20.8M	$17.3M	75x	as long as short
BingX ARB-USDC	+0.0100%	8h	0.2253	−0.111%	—	$6.5M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2243	−0.531%	$38K	$449K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2244	−0.496%	$482K	$4.2M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2253	−0.098%	$2K	$1.1M	30x	as long as short
HTX ARB-USDTshort	+0.0100%	8h	0.2254	−0.040%	$276K	$1.2M	50x
Phemex ARBUSDT	+0.0100%	8h	0.2256	+0.035%	$5.5M	$14.0M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0169%	1h	0.2254	−0.069%	$829K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0291%	1h	0.2251	−0.185%	$2K	$695	20x	as long as short
Coinbase International ARB-PERP-INTX	+0.0312%	1h	0.2254	−0.062%	$507K	$2.5M	50x	as long as short
Backpack ARB_USDC_PERP	+0.0471%	1h	0.2259	+0.173%	$1.1M	$2.9M	20x	as long as short
RISEx ARB/USDC	+0.0621%	1h	0.2258	+0.122%	$530K	$2.9M	10x	as long as short