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

AR

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.021%
Price spread now: Bybit against Binance−0.068%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$900.896% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.047%−$5 on $10k
Price spread, last 7 days+0.056%+$6 · spread now −0.068%, 7d avg −0.084%
Together, before fees+0.009%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ARUSDT4.20300.0100pay 0.0100% / 8h2h 31m$8.3M$51.7M75x
ShortBybit ARUSDT4.20020.0100get 0.0100% / 8h2h 31m$4.2M$9.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: −0.068% → −0.084%
$1.67
Slippage, 4 orders
−$68.6
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$87.94
Costs to cover
0.896%
Break-even
never at this rate
Slippage from Binance: live order book, 10 min ago; Bybit: live order book, 1 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, 10 min ago2.32 bp14.4 bp −$1457.7 bp −$577429.3 bp −$42.9Kdoesn't fit
Sell Bybit live order book, 1 min ago1.19 bp22.2 bp −$2282.5 bp −$825doesn't fitdoesn'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−0.0921%1h4.1834−0.467%$52K$178K20xas long as short
GMX AR/USD [WBTC.b-USDC]L −0.0140% / S +0.0550%1h4.1987−0.103%$539K50xas long as short
Hyperliquid AR+0.0100%1h4.2061+0.073%$3.4M$4.8M5xas long as short
Aster ARUSDT+0.0100%8h4.2034+0.009%$37K$460K10xas long as short
Binance ARUSDTlong+0.0100%8h4.2030long leg$8.3M$51.7M75x
Bybit ARUSDTshort+0.0100%8h4.2002−0.068%$4.2M$9.1M75x
OKX AR-USDT-SWAP+0.0100%8h4.1980−0.120%$2.1M$16.8M20xas long as short
Gate AR_USDT+0.0100%8h4.1960−0.167%$2.3M$2.6M50xas long as short
MEXC AR_USDT+0.0100%8h4.2040+0.023%$5.7M$4.3M100xas long as short
KuCoin ARUSDTM+0.0100%8h4.1980−0.120%$1.1M$1.3M50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ARUSDT+0.0100%8h4.2000−0.072%$3.7M$5.4M75xas long as short
BingX AR-USDT+0.0100%8h4.2020−0.025%$2.8Mas long as short
Variational Omni AR+0.0100%8h4.2158+0.305%$236K$626Kas long as short
ApeX Omni ARUSDT+0.0100%1h4.2150+0.285%$20K$718K50xas long as short
Extended AR-USD+0.0104%1h4.2009−0.051%$35K$245K10xas long as short
BloFin AR-USDT+0.0220%8h4.1980−0.120%$413K$456K20xas long as short
Injective AR/USDC PERP+0.0666%1h4.4240+5.257%$2K$5K5.5xas long as short