Settings8H · net · $10k
Funding arb · Price arb /

AR

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.305%+$31 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ARUSDT4.47400.0100pay 0.0100% / 8h2h 36m$8.8M$56.4M75x
ShortBloFin AR-USDT4.47300.0220get 0.0220% / 8h2h 36m$420K$669K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 5 min ago1.12 bp14.5 bp −$1562.2 bp −$622473.5 bp −$47.3Kdoesn't fit
Sell BloFin live order book, 49 min ago6.65 bp14.1 bp −$1419.7 bp −$197155.4 bp −$15.5Kdoesn't fit

AR on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ARUSD−0.2006%1h4.4729−0.025%$46K$155K20xas long as short
GMX AR/USD [WBTC.b-USDC]L −0.0140% / S +0.0551%1h4.4731−0.020%$575K50xas long as short
Injective AR/USDC PERP+0.0033%1h4.5720+2.190%$3K$3635.5xas long as short
Hyperliquid AR+0.0100%1h4.4802+0.139%$3.8M$4.8M5xas long as short
Aster ARUSDT+0.0100%8h4.4698−0.094%$20K$630K10xas long as short
Binance ARUSDTlong+0.0100%8h4.4740long leg$8.8M$56.4M75x
Bybit ARUSDT+0.0100%8h4.4758+0.040%$4.6M$8.9M75xas long as short
OKX AR-USDT-SWAP+0.0100%8h4.4700−0.089%$2.2M$20.7M20xas long as short
Gate AR_USDT+0.0100%8h4.4700−0.089%$2.5M$2.3M50xas long as short
MEXC AR_USDT+0.0100%8h4.4750+0.022%$6.7M$4.8M100xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ARUSDTM+0.0100%8h4.4760+0.045%$1.4M$1.1M50xas long as short
Bitget ARUSDT+0.0100%8h4.4730−0.022%$3.8M$5.6M75xas long as short
BingX AR-USDT+0.0100%8h4.47400.000%$2.9Mas long as short
Variational Omni AR+0.0100%8h4.4670−0.156%$137K$173Kas long as short
ApeX Omni ARUSDT+0.0100%1h4.4700−0.089%$57K$747K50xas long as short
Extended AR-USD+0.0104%1h4.4737−0.006%$36K$237K10xas long as short
BloFin AR-USDTshort+0.0220%8h4.4730−0.022%$420K$669K20x