Funding you earn now, next payment 06:00 UTC+0.0114%/8h= +12.4% APRpaid last 24h +0.011%
Price spread now: Orderly against 01 Exchange+0.101%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 +$3 a day on $10k at the current rate, and Orderly is 0.101% 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 | 0.2175 | −0.0168 | get 0.0021% / 1h | 33m 58s | $7K | $236 | 10x |
| Short | Orderly PERP_ARB_USDC | 0.2177 | −0.0054 | pay 0.0054% / 8h | 2h 33m | $13K | $409K | 10x |
01 Exchange ARBUSD
Orderly PERP_ARB_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $23.86
- Price spread: +0.101% → 0.000%
- $10.12
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $20.98
- Costs to cover
- 0.130%
- Break-even
- 0.8 days
Slippage unknown: 01 Exchange: no order-book sample; Orderly: no order-book sample. 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 Orderly no order-book sample | — | — | — | — | — |
01 Exchange and Orderly: 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 | −0.1581% | 1h | 0.2181 | +0.285% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSDlong | −0.0168% | 1h | 0.2175 | long leg | $7K | $236 | 10x | |
| Polymarket Perps ARB-USD | −0.0118% | 1h | 0.2176 | +0.041% | $77K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0097% | 8h | 0.2186 | +0.506% | $1.8M | $3.0M | — | as long as short |
| MEXC ARB_USDT | −0.0082% | 8h | 0.2178 | +0.133% | $41.7M | $61.2M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0081% | 8h | 0.2174 | −0.028% | $21.5M | $142.2M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0075% | 1h | 0.2177 | +0.115% | $1.0M | $4.4M | 50x | as long as short |
| Bybit ARBUSDT | −0.0072% | 8h | 0.2174 | −0.032% | $54.0M | $123.9M | 50x | as long as short |
| Orderly PERP_ARB_USDCshort | −0.0054% | 8h | 0.2177 | +0.101% | $13K | $409K | 10x | |
| Deribit ARB_USDC-PERPETUAL | −0.0026% | 1h | 0.2176 | +0.051% | $23K | $33K | 25x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
Variational Omni ARB
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUALShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2178 | +0.131% | $64K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2177 | +0.101% | $43K | — | 150x | as long as short |
| Bitget ARBUSDT | +0.0053% | 8h | 0.2174 | −0.037% | $20.8M | $34.3M | 50x | as long as short |
| Gate ARB_USDT | +0.0057% | 8h | 0.2177 | +0.083% | $5.4M | $18.2M | 60x | as long as short |
| BingX ARB-USDT | +0.0072% | 8h | 0.2176 | +0.055% | — | $53.9M | — | as long as short |
| Extended ARB-USD | +0.0080% | 1h | 0.2173 | −0.070% | $348K | $2.8M | 25x | as long as short |
| Binance ARBUSDT | +0.0082% | 8h | 0.2175 | −0.002% | $62.3M | $300.3M | 75x | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2176 | +0.065% | $435K | $2.6M | 10x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2176 | +0.041% | $1.2M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2177 | +0.110% | $36.5M | $48.7M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2177 | +0.082% | $627K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2178 | +0.166% | $42K | $160K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2176 | +0.060% | $19.4M | $14.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2184 | +0.402% | $39K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2184 | +0.423% | $472K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2185 | +0.469% | $118K | $282K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2179 | +0.193% | $1K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2176 | +0.046% | $9K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2177 | +0.078% | $290K | $894K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2178 | +0.147% | $4.9M | $12.7M | 50x | as long as short |
| Aevo ARB-PERP | +0.0104% | 1h | 0.2177 | +0.101% | $138K | $7K | 3x | as long as short |
| BloFin ARB-USDT | +0.0202% | 8h | 0.2189 | +0.653% | $3.0M | $2.4M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0159% | 1h | 0.2176 | +0.042% | $824K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2196 | +0.970% | $506K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2176 | +0.039% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0691% | 1h | 0.2178 | +0.170% | $977K | $2.8M | 20x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
Gate ARB_USDT
BingX ARB-USDT
Extended ARB-USD
Binance ARBUSDT
RISEx ARB/USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
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