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: KuCoin against Binance−0.079%7-day average +0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$441as in the Funding arb table
Net, price: spread back to 7d avg − costs−$454as in the Price arb table
costs, in and out, $10k−$4374.366% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.046%−$5 on $10k
Price spread, last 4 days (all we have)+0.228%+$23 · spread now −0.079%, 7d avg +0.091%
Together, before fees+0.182%+$18 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: KuCoin is 0.170% cheaper against Binance than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.091%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ARPAUSDT0.010670.0100pay 0.0100% / 8h1h 08m$2.1M$1.6M50x
ShortKuCoin ARPAUSDTM0.010660.0100get 0.0100% / 8h1h 08m$310K$184K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.079% → +0.091%
−$17.02
Slippage, 4 orders
−$414.57
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$453.6
Costs to cover
4.366%
Break-even
never at this rate
Slippage from Binance: live order book, 11 min ago; KuCoin: live order book, 62 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, 11 min ago4.22 bp31.0 bp −$31199.3 bp −$1,993doesn't fitdoesn't fit
Sell KuCoin live order book, 62 min ago7.97 bp188.6 bp −$189doesn'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
Aster ARPAUSDT+0.0100%8h0.01066−0.036%$4K$7K5xas long as short
Binance ARPAUSDTlong+0.0100%8h0.01067long leg$2.1M$1.6M50x
Bybit ARPAUSDT+0.0100%8h0.01067−0.014%$272K$230K25xas long as short
Gate ARPA_USDT+0.0100%8h0.01066−0.033%$66K$128K25xas long as short
MEXC ARPA_USDT+0.0100%8h0.01067−0.004%$272K$129K125xas long as short
KuCoin ARPAUSDTMshort+0.0100%8h0.01066−0.079%$310K$184K30x
Bitget ARPAUSDT+0.0100%8h0.01066−0.070%$483K$248K50xas long as short
BingX ARPA-USDT+0.0100%8h0.01066−0.042%$1.2Mas long as short
Variational Omni ARPA+0.0100%8h0.01066−0.070%$8K$107as long as short
BloFin ARPA-USDT+0.0125%8h0.01066−0.051%$138K$23K50xas long as short