Funding you earn now, next payment 07:00 UTC+0.0293%/8h= +32.1% APRnext payment +$0.37 per $10,000 · paid last 24h +0.047%
Price spread now: Kraken Futures against 01 Exchange+0.283%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 +$9 a day on $10k at the current rate, and Kraken Futures is 0.283% dearer against 01 Exchange than usual: you sell high and buy low: +$28 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 | 0.2214 | −0.0064 | get 0.0008% / 1h | 44m 59s | $7K | $236 | 10x |
| Short | Kraken Futures PF_ARBUSD | 0.2220 | 0.0229 | get 0.0029% / 1h | 44m 59s | $1.1M | $4.5M | 50x |
01 Exchange ARBUSD
Kraken Futures PF_ARBUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $61.63
- Price spread: +0.283% → 0.000%
- $28.34
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $72.97
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: 01 Exchange: no order-book sample; Kraken Futures: live order book, 4 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 Kraken Futures live order book, 4 min ago | 14.47 bp | 22.6 bp −$23 | 26.6 bp −$266 | 703.9 bp −$70.4K | 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 | −0.1592% | 1h | 0.2202 | −0.551% | $40K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0216% | 1h | 0.2217 | +0.135% | $68K | $2.1M | 10x | as long as short |
| MEXC ARB_USDT | −0.0072% | 8h | 0.2218 | +0.172% | $42.4M | $61.7M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0071% | 8h | 0.2215 | +0.045% | $22.2M | $147.1M | 50x | as long as short |
| Variational Omni ARB | −0.0065% | 8h | 0.2209 | −0.255% | $1.8M | $3.0M | — | as long as short |
| 01 Exchange ARBUSDlong | −0.0064% | 1h | 0.2214 | long leg | $7K | $236 | 10x | |
| SoDEX ARB-USD | −0.0050% | 1h | 0.2218 | +0.194% | $9K | $2.2M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0044% | 8h | 0.2217 | +0.126% | $12K | $406K | 10x | as long as short |
| Bybit ARBUSDT | −0.0024% | 8h | 0.2216 | +0.099% | $54.6M | $126.5M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2211 | −0.134% | $65K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Variational Omni ARB
SoDEX ARB-USD
Orderly PERP_ARB_USDC
Bybit ARBUSDT
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2219 | +0.221% | $28K | $38K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2218 | +0.191% | $44K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0056% | 1h | 0.2214 | −0.017% | $461K | $2.6M | 10x | as long as short |
| Bitget ARBUSDT | +0.0058% | 8h | 0.2219 | +0.217% | $21.3M | $34.8M | 50x | as long as short |
| Gate ARB_USDT | +0.0067% | 8h | 0.2218 | +0.176% | $5.5M | $18.3M | 60x | as long as short |
| BingX ARB-USDT | +0.0093% | 8h | 0.2218 | +0.163% | — | $53.0M | — | as long as short |
| Binance ARBUSDT | +0.0093% | 8h | 0.2218 | +0.171% | $63.4M | $302.0M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2218 | +0.194% | $1.3M | $5.5M | 15x | as long as short |
| Extended ARB-USD | +0.0096% | 1h | 0.2218 | +0.152% | $352K | $2.8M | 25x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2220 | +0.248% | $37.6M | $49.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2218 | +0.174% | $637K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2212 | −0.119% | $43K | $150K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2219 | +0.230% | $19.8M | $14.3M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2210 | −0.195% | $39K | $465K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2212 | −0.097% | $480K | $3.7M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2213 | −0.054% | $119K | $282K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2215 | +0.036% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2217 | +0.104% | $296K | $872K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2218 | +0.172% | $5.0M | $12.8M | 50x | as long as short |
| Aevo ARB-PERP | +0.0104% | 1h | 0.2219 | +0.213% | $141K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0213% | 8h | 0.2218 | +0.194% | $3.1M | $2.4M | 75x | as long as short |
| Kraken Futures PF_ARBUSDshort | +0.0229% | 1h | 0.2220 | +0.283% | $1.1M | $4.5M | 50x | |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2219 | +0.215% | $837K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2217 | +0.126% | $519K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2217 | +0.136% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0664% | 1h | 0.2223 | +0.384% | $997K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
RISEx ARB/USDC
Bitget ARBUSDT
Gate ARB_USDT
BingX ARB-USDT
Binance ARBUSDT
Lighter ARB
Extended ARB-USD
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
Aevo ARB-PERP
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP