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

ARPA

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance+0.057%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1271.275% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 7 days−0.015%−$1 · spread now +0.057%, 7d avg +0.035%
Together, before fees−0.003%$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.022% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ARPAUSDT0.010680.0100pay 0.0100% / 8h1h 54m$2.1M$1.7M50x
ShortBingX ARPA-USDT0.010690.0100get 0.0100% / 8h1h 54m$1.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.057% → +0.035%
$2.2
Slippage, 4 orders
−$107.46
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$125.26
Costs to cover
1.275%
Break-even
never at this rate
Slippage from Binance: live order book, 10 min ago; BingX: live order book, 2 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 ago1.41 bp30.4 bp −$30185.0 bp −$1,850doesn't fitdoesn't fit
Sell BingX live order book, 2 min ago7.03 bp37.0 bp −$37100.7 bp −$1,007471.5 bp −$47.2K513.3 bp −$256.6K

ARPA on 10 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
BloFin ARPA-USDT+0.0070%8h0.01067−0.075%$139K$23K50xas long as short
Aster ARPAUSDT+0.0100%8h0.01069+0.058%$5K$8K5xas long as short
Binance ARPAUSDTlong+0.0100%8h0.01068long leg$2.1M$1.7M50x
Bybit ARPAUSDT+0.0100%8h0.01068+0.038%$273K$239K25xas long as short
Gate ARPA_USDT+0.0100%8h0.01067−0.056%$66K$127K25xas long as short
MEXC ARPA_USDT+0.0100%8h0.010680.000%$276K$126K125xas long as short
KuCoin ARPAUSDTM+0.0100%8h0.01067−0.112%$312K$188K30xas long as short
Bitget ARPAUSDT+0.0100%8h0.01068+0.010%$487K$265K50xas long as short
BingX ARPA-USDTshort+0.0100%8h0.01069+0.057%$1.2M
Variational Omni ARPA+0.0100%8h0.01069+0.071%$8K$107as long as short