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: Bitget against Binance−0.056%7-day average +0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1121.122% 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 4 days (all we have)+0.122%+$12 · spread now −0.056%, 7d avg +0.063%
Together, before fees+0.134%+$13 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: Bitget is 0.119% cheaper against Binance than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.063%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ARPAUSDT0.010670.0100pay 0.0100% / 8h2h 41m$2.1M$1.7M50x
ShortBitget ARPAUSDT0.010660.0100get 0.0100% / 8h2h 41m$488K$264K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.056% → +0.063%
−$11.88
Slippage, 4 orders
−$90.2
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$124.08
Costs to cover
1.122%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; Bitget: live order book, 43 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, 8 min ago2.81 bp22.6 bp −$23179.5 bp −$1,795doesn't fitdoesn't fit
Sell Bitget live order book, 43 min ago9.36 bp21.5 bp −$22198.0 bp −$1,980doesn't fitdoesn't fit

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+0.0072%8h0.01066−0.038%$141K$23K50xas long as short
Aster ARPAUSDT+0.0100%8h0.01066−0.038%$4K$8K5xas long as short
Binance ARPAUSDTlong+0.0100%8h0.01067long leg$2.1M$1.7M50x
Bybit ARPAUSDT+0.0100%8h0.01066−0.038%$272K$244K25xas long as short
Gate ARPA_USDT+0.0100%8h0.01066−0.056%$67K$129K25xas long as short
MEXC ARPA_USDT+0.0100%8h0.01066−0.038%$281K$127K125xas long as short
KuCoin ARPAUSDTM+0.0100%8h0.01065−0.141%$315K$188K30xas long as short
Bitget ARPAUSDTshort+0.0100%8h0.01066−0.056%$488K$264K50x
BingX ARPA-USDT+0.0100%8h0.010670.000%$1.2Mas long as short
Variational Omni ARPA+0.0100%8h0.01069+0.244%$8K$107as long as short