Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance+0.103%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$269as in the Funding arb table
Net, price: spread back to 7d avg − costs−$265as in the Price arb table
costs, in and out, $10k−$2692.691% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.103%, 7d avg +0.064%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.039% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.064%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARPAUSDT | 0.01079 | 0.0100 | pay 0.0100% / 8h | 5h 18m | $2.1M | $1.6M | 50x |
| Short | Bybit ARPAUSDT | 0.01080 | 0.0100 | get 0.0100% / 8h | 5h 18m | $274K | $196K | 25x |
Binance ARPAUSDT
Bybit ARPAUSDTFunding 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 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: +0.103% → +0.064%
- $3.86
- Slippage, 4 orders
- −$248.06
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$265.2
- Costs to cover
- 2.691%
- Break-even
- never at this rate
Slippage from Binance: live order book, 1 min ago; Bybit: live order book, 27 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, 1 min ago | 3.24 bp | 28.7 bp −$29 | 195.9 bp −$1,959 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 27 min ago | 2.32 bp | 109.4 bp −$109 | doesn't fit | 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 | +0.0082% | 8h | 0.01080 | +0.084% | $138K | $20K | 50x | as long as short |
| Aster ARPAUSDT | +0.0100% | 8h | 0.01079 | +0.030% | $4K | $7K | 5x | as long as short |
| Binance ARPAUSDTlong | +0.0100% | 8h | 0.01079 | long leg | $2.1M | $1.6M | 50x | |
| Bybit ARPAUSDTshort | +0.0100% | 8h | 0.01080 | +0.103% | $274K | $196K | 25x | |
| Gate ARPA_USDT | +0.0100% | 8h | 0.01080 | +0.103% | $69K | $143K | 25x | as long as short |
| MEXC ARPA_USDT | +0.0100% | 8h | 0.01079 | +0.010% | $273K | $122K | 125x | as long as short |
| KuCoin ARPAUSDTM | +0.0100% | 8h | 0.01077 | −0.110% | $283K | $204K | 30x | as long as short |
| Bitget ARPAUSDT | +0.0100% | 8h | 0.01079 | +0.038% | $480K | $257K | 50x | as long as short |
| BingX ARPA-USDT | +0.0100% | 8h | 0.01079 | +0.038% | — | $1.2M | — | as long as short |
| Variational Omni ARPA | +0.0100% | 8h | 0.01080 | +0.122% | $8K | $107 | — | as long as short |
BloFin ARPA-USDT
Aster ARPAUSDT
Gate ARPA_USDT
MEXC ARPA_USDT
KuCoin ARPAUSDTM
Bitget ARPAUSDT
BingX ARPA-USDT
Variational Omni ARPA