AR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.67 per $10,000 · paid last 24h +0.024%

Price spread now: Bybit against BloFin−0.128%7-day average −0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs−$114as in the Funding arb table

Net, price: spread back to 7d avg − costs−$105as in the Price arb table

costs, in and out, $10k−$960.962% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.182%−$18 on $10k

Price spread, last 3 days (all we have)−0.213%−$21 · spread now −0.128%, 7d avg −0.041%

Together, before fees−0.395%−$39 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.087% cheaper against BloFin than usual: you would sell low and buy high (spread −0.128% now, against its 7-day average of −0.041%). If the spread goes back, that is −$9 on $10k: about 4.4 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.182%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin AR-USDT	4.6270	0.0033	pay 0.0033% / 8h	8m 59s	$441K	$682K	20x
Short	Bybit ARUSDT	4.6211	0.0100	get 0.0100% / 8h	8m 59s	$4.6M	$8.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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 BloFinbpFee BybitbpOrdersPrice spread, now −0.128%Rate

Funding earned: $13.98
Price spread: −0.128% → −0.041%: −$8.69
Slippage, 4 orders: −$73.15
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$90.86
Costs to cover: 0.962%
Break-even: 52.5 days

Slippage from BloFin: live order book, 3 min ago; Bybit: live order book, 4 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 BloFin live order book, 3 min ago	3.25 bp	19.1 bp −$19	37.3 bp −$373	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	2.17 bp	27.0 bp −$27	143.8 bp −$1,438	doesn't fit	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	−0.1946%	1h	4.6251	−0.041%	$52K	$163K	20x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0140% / S +0.0551%	1h	4.6298	+0.060%	$595K	—	50x	as long as short
OKX AR-USDT-SWAP	−0.0076%	8h	4.6170	−0.216%	$2.4M	$21.1M	20x	as long as short
Extended AR-USD	+0.0008%	1h	4.6216	−0.117%	$38K	$237K	10x	as long as short
MEXC AR_USDT	+0.0008%	8h	4.6240	−0.065%	$6.7M	$4.5M	100x	as long as short
Binance ARUSDT	+0.0008%	8h	4.6225	−0.097%	$9.3M	$55.7M	75x	as long as short
Injective AR/USDC PERP	+0.0033%	1h	4.5720	−1.189%	$3K	$339	5.5x	as long as short
BloFin AR-USDTlong	+0.0033%	8h	4.6270	long leg	$441K	$682K	20x
ApeX Omni ARUSDT	+0.0064%	1h	4.6300	+0.065%	$23K	$764K	50x	as long as short
Hyperliquid AR	+0.0100%	1h	4.6347	+0.166%	$4.3M	$4.9M	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ARUSDT	+0.0100%	8h	4.6307	+0.081%	$20K	$606K	10x	as long as short
Bybit ARUSDTshort	+0.0100%	8h	4.6211	−0.128%	$4.6M	$8.8M	75x
Gate AR_USDT	+0.0100%	8h	4.6280	+0.022%	$2.6M	$2.3M	50x	as long as short
KuCoin ARUSDTM	+0.0100%	8h	4.6240	−0.065%	$1.5M	$1.2M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.6210	−0.130%	$4.0M	$5.7M	75x	as long as short
BingX AR-USDT	+0.0100%	8h	4.6230	−0.086%	—	$2.9M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.6108	−0.349%	$143K	$176K	—	as long as short