Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Binance−0.022%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$640.643% of the position
Funding, last 7 days+0.122%+$12 on $10k
+Price spread, last 3 days (all we have)+0.183%+$18 · spread now −0.022%, 7d avg −0.035%
=The price spread sits at its 7-day average of −0.035%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARUSDT | 4.4740 | 0.0100 | pay 0.0100% / 8h | 2h 36m | $8.8M | $56.4M | 75x |
| Short | BloFin AR-USDT | 4.4730 | 0.0220 | get 0.0220% / 8h | 2h 36m | $420K | $669K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $25.2
- Price spread: −0.022% → −0.035%
- $1.24
- Slippage, 4 orders
- −$42.35
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$37.91
- Costs to cover
- 0.643%
- Break-even
- 17.5 days
Slippage from Binance: live order book, 5 min ago; BloFin: live order book, 49 min ago.
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 Binance live order book, 5 min ago | 1.12 bp | 14.5 bp −$15 | 62.2 bp −$622 | 473.5 bp −$47.3K | doesn't fit |
| Sell BloFin live order book, 49 min ago | 6.65 bp | 14.1 bp −$14 | 19.7 bp −$197 | 155.4 bp −$15.5K | doesn't fit |
AR on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARUSD | −0.2006% | 1h | 4.4729 | −0.025% | $46K | $155K | 20x | as long as short |
| GMX AR/USD [WBTC.b-USDC] | L −0.0140% / S +0.0551% | 1h | 4.4731 | −0.020% | $575K | — | 50x | as long as short |
| Injective AR/USDC PERP | +0.0033% | 1h | 4.5720 | +2.190% | $3K | $363 | 5.5x | as long as short |
| Hyperliquid AR | +0.0100% | 1h | 4.4802 | +0.139% | $3.8M | $4.8M | 5x | as long as short |
| Aster ARUSDT | +0.0100% | 8h | 4.4698 | −0.094% | $20K | $630K | 10x | as long as short |
| Binance ARUSDTlong | +0.0100% | 8h | 4.4740 | long leg | $8.8M | $56.4M | 75x | |
| Bybit ARUSDT | +0.0100% | 8h | 4.4758 | +0.040% | $4.6M | $8.9M | 75x | as long as short |
| OKX AR-USDT-SWAP | +0.0100% | 8h | 4.4700 | −0.089% | $2.2M | $20.7M | 20x | as long as short |
| Gate AR_USDT | +0.0100% | 8h | 4.4700 | −0.089% | $2.5M | $2.3M | 50x | as long as short |
| MEXC AR_USDT | +0.0100% | 8h | 4.4750 | +0.022% | $6.7M | $4.8M | 100x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ARUSDTM | +0.0100% | 8h | 4.4760 | +0.045% | $1.4M | $1.1M | 50x | as long as short |
| Bitget ARUSDT | +0.0100% | 8h | 4.4730 | −0.022% | $3.8M | $5.6M | 75x | as long as short |
| BingX AR-USDT | +0.0100% | 8h | 4.4740 | 0.000% | — | $2.9M | — | as long as short |
| Variational Omni AR | +0.0100% | 8h | 4.4670 | −0.156% | $137K | $173K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.4700 | −0.089% | $57K | $747K | 50x | as long as short |
| Extended AR-USD | +0.0104% | 1h | 4.4737 | −0.006% | $36K | $237K | 10x | as long as short |
| BloFin AR-USDTshort | +0.0220% | 8h | 4.4730 | −0.022% | $420K | $669K | 20x |
Binance ARUSDT
BloFin AR-USDT
Kraken Futures PF_ARUSD
GMX AR/USD [WBTC.b-USDC]
Injective AR/USDC PERP
Hyperliquid AR
Aster ARUSDT
Bybit ARUSDT
OKX AR-USDT-SWAP
Gate AR_USDT
MEXC AR_USDT
KuCoin ARUSDTM
Bitget ARUSDT
BingX AR-USDT
Variational Omni AR
ApeX Omni ARUSDT
Extended AR-USD