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 BingX+0.019%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$270as in the Funding arb table
Net, price: spread back to 7d avg − costs−$270as in the Price arb table
costs, in and out, $10k−$2692.688% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)−0.035%−$3 · spread now +0.019%, 7d avg +0.030%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARPA-USDT | 0.01071 | 0.0100 | pay 0.0100% / 8h | 7h 46m | — | $1.2M | — |
| Short | Bybit ARPAUSDT | 0.01071 | 0.0100 | get 0.0100% / 8h | 7h 46m | $274K | $217K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +0.019% → +0.030%
- −$1.1
- Slippage, 4 orders
- −$247.84
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$269.94
- Costs to cover
- 2.688%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Bybit: live order book, 8 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, 3 min ago | 7.01 bp | 33.1 bp −$33 | 117.8 bp −$1,178 | 493.7 bp −$49.4K | 533.9 bp −$267.0K |
| Sell Bybit live order book, 8 min ago | 4.67 bp | 99.3 bp −$99 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ARPAUSDT | +0.0100% | 8h | 0.01071 | +0.018% | $4K | $7K | 5x | as long as short |
| Binance ARPAUSDT | +0.0100% | 8h | 0.01072 | +0.065% | $2.1M | $1.6M | 50x | as long as short |
| Bybit ARPAUSDTshort | +0.0100% | 8h | 0.01071 | +0.019% | $274K | $217K | 25x | |
| Gate ARPA_USDT | +0.0100% | 8h | 0.01070 | −0.056% | $66K | $120K | 25x | as long as short |
| MEXC ARPA_USDT | +0.0100% | 8h | 0.01072 | +0.065% | $273K | $123K | 125x | as long as short |
| KuCoin ARPAUSDTM | +0.0100% | 8h | 0.01071 | −0.019% | $306K | $186K | 30x | as long as short |
| Bitget ARPAUSDT | +0.0100% | 8h | 0.01071 | +0.009% | $484K | $249K | 50x | as long as short |
| BingX ARPA-USDTlong | +0.0100% | 8h | 0.01071 | long leg | — | $1.2M | — | |
| Variational Omni ARPA | +0.0100% | 8h | 0.01070 | −0.048% | $8K | $107 | — | as long as short |
| BloFin ARPA-USDT | +0.0127% | 8h | 0.01071 | −0.009% | $138K | $23K | 50x | as long as short |
BingX ARPA-USDT
Bybit ARPAUSDT
Aster ARPAUSDT
Binance ARPAUSDT
Gate ARPA_USDT
MEXC ARPA_USDT
KuCoin ARPAUSDTM
Bitget ARPAUSDT
Variational Omni ARPA
BloFin ARPA-USDT