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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARPAUSDT | 0.01067 | 0.0100 | pay 0.0100% / 8h | 2h 41m | $2.1M | $1.7M | 50x |
| Short | Bitget ARPAUSDT | 0.01066 | 0.0100 | get 0.0100% / 8h | 2h 41m | $488K | $264K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 8 min ago | 2.81 bp | 22.6 bp −$23 | 179.5 bp −$1,795 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 43 min ago | 9.36 bp | 21.5 bp −$22 | 198.0 bp −$1,980 | doesn't fit | doesn't fit |
ARPA on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARPA-USDT | +0.0072% | 8h | 0.01066 | −0.038% | $141K | $23K | 50x | as long as short |
| Aster ARPAUSDT | +0.0100% | 8h | 0.01066 | −0.038% | $4K | $8K | 5x | as long as short |
| Binance ARPAUSDTlong | +0.0100% | 8h | 0.01067 | long leg | $2.1M | $1.7M | 50x | |
| Bybit ARPAUSDT | +0.0100% | 8h | 0.01066 | −0.038% | $272K | $244K | 25x | as long as short |
| Gate ARPA_USDT | +0.0100% | 8h | 0.01066 | −0.056% | $67K | $129K | 25x | as long as short |
| MEXC ARPA_USDT | +0.0100% | 8h | 0.01066 | −0.038% | $281K | $127K | 125x | as long as short |
| KuCoin ARPAUSDTM | +0.0100% | 8h | 0.01065 | −0.141% | $315K | $188K | 30x | as long as short |
| Bitget ARPAUSDTshort | +0.0100% | 8h | 0.01066 | −0.056% | $488K | $264K | 50x | |
| BingX ARPA-USDT | +0.0100% | 8h | 0.01067 | 0.000% | — | $1.2M | — | as long as short |
| Variational Omni ARPA | +0.0100% | 8h | 0.01069 | +0.244% | $8K | $107 | — | as long as short |
Binance ARPAUSDT
Bitget ARPAUSDT
BloFin ARPA-USDT
Aster ARPAUSDT
Bybit ARPAUSDT
Gate ARPA_USDT
MEXC ARPA_USDT
KuCoin ARPAUSDTM
BingX ARPA-USDT
Variational Omni ARPA