Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0039%/8h= −4.3% APRpaid last 24h +0.015%

Price spread now: MEXC against 01 Exchange+0.631%7-day average — · you sell dearer than you buy

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

Long on 01 Exchange Short on MEXC

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. MEXC is 0.631% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.631% now, against zero (this spread has no 7-day history yet)): +$63 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 54 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange ARBUSD	0.2201	−0.0056	get 0.0007% / 1h	23m 57s	$7K	$209	10x
Short	MEXC ARB_USDT	0.2215	−0.0095	pay 0.0095% / 8h	7h 23m	$43.6M	$63.2M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.631%Rate

Funding earned: −$8.19
Price spread: +0.631% → 0.000%: $63.14
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee MEXC: 0 bp × 2 orders: $0
Net: $47.95
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: 01 Exchange: no order-book sample; MEXC: live order book, 10 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 MEXC live order book, 10 min ago	0.23 bp	1.0 bp −$1	5.8 bp −$58	35.9 bp −$3,592	73.7 bp −$36.8K

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	−0.1605%	1h	0.2187	−0.650%	$39K	$372K	12x	as long as short
Phemex ARBUSDT	−0.0191%	8h	0.2203	+0.077%	$4.8M	$12.8M	50x	as long as short
SoDEX ARB-USD	−0.0191%	1h	0.2204	+0.114%	$9K	$2.3M	5x	as long as short
Kraken Futures PF_ARBUSD	−0.0167%	1h	0.2205	+0.149%	$1.1M	$4.2M	50x	as long as short
Gate ARB_USDT	−0.0108%	8h	0.2217	+0.691%	$5.4M	$18.2M	60x	as long as short
MEXC ARB_USDTshort	−0.0095%	8h	0.2215	+0.631%	$43.6M	$63.2M	200x
OKX ARB-USDT-SWAP	−0.0093%	8h	0.2216	+0.659%	$22.3M	$147.7M	50x	as long as short
01 Exchange ARBUSDlong	−0.0056%	1h	0.2201	long leg	$7K	$209	10x
Orderly PERP_ARB_USDC	−0.0037%	8h	0.2204	+0.123%	$16K	$415K	10x	as long as short
Bybit ARBUSDT	−0.0026%	8h	0.2216	+0.654%	$54.0M	$125.9M	50x	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	0.2199	−0.105%	$65K	$4K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2205	+0.173%	$28K	$38K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2199	−0.086%	$73K	—	150x	as long as short
Extended ARB-USD	+0.0016%	1h	0.2216	+0.647%	$365K	$3.0M	25x	as long as short
Binance ARBUSDT	+0.0017%	8h	0.2216	+0.674%	$64.1M	$298.9M	75x	as long as short
Variational Omni ARB	+0.0025%	8h	0.2191	−0.467%	$1.8M	$3.0M	—	as long as short
Bitget ARBUSDT	+0.0061%	8h	0.2214	+0.577%	$21.3M	$34.7M	50x	as long as short
BloFin ARB-USDT	+0.0062%	8h	0.2197	−0.177%	$3.0M	$2.3M	75x	as long as short
BingX ARB-USDT	+0.0065%	8h	0.2215	+0.645%	—	$32.8M	—	as long as short
Aevo ARB-PERP	+0.0088%	1h	0.2205	+0.151%	$140K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2205	+0.168%	$1.3M	$5.5M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2206	+0.214%	$36.7M	$51.0M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2217	+0.695%	$635K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2199	−0.086%	$43K	$148K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2218	+0.777%	$19.7M	$13.7M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2194	−0.343%	$40K	$465K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2195	−0.286%	$471K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2194	−0.332%	$118K	$267K	50x	as long as short
Polymarket Perps ARB-USD	+0.0100%	1h	0.2203	+0.068%	$74K	$2.0M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2200	−0.059%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2204	+0.123%	$295K	$835K	50x	as long as short
RISEx ARB/USDC	+0.0123%	1h	0.2202	+0.025%	$530K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0199%	1h	0.2215	+0.641%	$989K	$2.8M	20x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2204	+0.129%	$831K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0288%	1h	0.2203	+0.089%	$2K	$695	20x	as long as short
Coinbase International ARB-PERP-INTX	+0.0336%	1h	0.2205	+0.168%	$528K	$1.5M	50x	as long as short