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

ARPA

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Alert: funding
Alert: spread
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: Gate against Binance−0.039%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$599as in the Funding arb table
Net, price: spread back to 7d avg − costs−$603as in the Price arb table
costs, in and out, $10k−$5965.964% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$3 on $10k
Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.039%, 7d avg +0.023%
Together, before fees+0.052%+$5 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: Gate is 0.062% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ARPAUSDT0.010760.0100pay 0.0100% / 8h2h 44m$2.1M$1.5M50x
ShortGate ARPA_USDT0.010760.0100get 0.0100% / 8h2h 44m$68K$149K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.039% → +0.023%
−$6.2
Slippage, 4 orders
−$571.41
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$602.61
Costs to cover
5.964%
Break-even
never at this rate
Slippage from Binance: live order book, 5 min ago; Gate: live order book, 61 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, 5 min ago1.86 bp29.1 bp −$29193.8 bp −$1,938doesn't fitdoesn't fit
Sell Gate live order book, 61 min ago5.09 bp286.7 bp −$287doesn't fitdoesn'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+0.0089%8h0.01076+0.026%$136K$16K50xas long as short
Aster ARPAUSDT+0.0100%8h0.01076+0.015%$4K$7K5xas long as short
Binance ARPAUSDTlong+0.0100%8h0.01076long leg$2.1M$1.5M50x
Bybit ARPAUSDT+0.0100%8h0.01076−0.011%$271K$189K25xas long as short
Gate ARPA_USDTshort+0.0100%8h0.01076−0.039%$68K$149K25x
MEXC ARPA_USDT+0.0100%8h0.01076+0.026%$270K$120K125xas long as short
KuCoin ARPAUSDTM+0.0100%8h0.01076−0.039%$270K$207K30xas long as short
Bitget ARPAUSDT+0.0100%8h0.01076−0.001%$478K$250K50xas long as short
BingX ARPA-USDT+0.0100%8h0.01076−0.029%$1.2Mas long as short
Variational Omni ARPA+0.0100%8h0.01076−0.033%$8K$107as long as short