Funding you earn now, next payment 08:00 UTC−0.0007%/8h= −0.8% APRnext payment −$0.07 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against BingX−0.056%96s7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1081.081% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.053%−$5 · spread now −0.056%, 7d avg −0.031%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.024% cheaper against BingX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.031%. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARPA-USDT | 0.01078 | 0.0100 | pay 0.0100% / 8h | 3h 31m | — | $1.2M | — |
| Short | BloFin ARPA-USDT | 0.01077 | 0.0093 | get 0.0093% / 8h | 3h 31m | $137K | $18K | 50x |
BingX ARPA-USDT
BloFin ARPA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$1.55
- Price spread: −0.056% → −0.031%
- −$2.42
- Slippage, 4 orders
- −$86.1
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$112.07
- Costs to cover
- 1.081%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; BloFin: live order book, 50 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 BingX live order book, 10 min ago | 6.03 bp | 28.9 bp −$29 | 90.4 bp −$904 | 418.6 bp −$41.9K | 456.3 bp −$228.2K |
| Sell BloFin live order book, 50 min ago | 4.65 bp | 25.0 bp −$25 | 76.8 bp −$768 | 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-USDTshort | +0.0093% | 8h | 0.01077 | −0.056% | $137K | $18K | 50x | |
| Aster ARPAUSDT | +0.0100% | 8h | 0.01078 | +0.026% | $4K | $7K | 5x | as long as short |
| Binance ARPAUSDT | +0.0100% | 8h | 0.01078 | −0.007% | $2.1M | $1.5M | 50x | as long as short |
| Bybit ARPAUSDT | +0.0100% | 8h | 0.01078 | +0.019% | $272K | $189K | 25x | as long as short |
| Gate ARPA_USDT | +0.0100% | 8h | 0.01078 | −0.009% | $68K | $131K | 25x | as long as short |
| MEXC ARPA_USDT | +0.0100% | 8h | 0.01077 | −0.065% | $270K | $121K | 125x | as long as short |
| KuCoin ARPAUSDTM | +0.0100% | 8h | 0.01078 | −0.009% | $278K | $203K | 30x | as long as short |
| Bitget ARPAUSDT | +0.0100% | 8h | 0.01077 | −0.074% | $481K | $244K | 50x | as long as short |
| BingX ARPA-USDTlong | +0.0100% | 8h | 0.01078 | long leg | — | $1.2M | — | |
| Variational Omni ARPA | +0.0100% | 8h | 0.01077 | −0.059% | $8K | $107 | — | as long as short |
Aster ARPAUSDT
Binance ARPAUSDT
Bybit ARPAUSDT
Gate ARPA_USDT
MEXC ARPA_USDT
KuCoin ARPAUSDTM
Bitget ARPAUSDT
Variational Omni ARPA