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: KuCoin against BingX−0.103%7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$415as in the Funding arb table
Net, price: spread back to 7d avg − costs−$424as in the Price arb table
costs, in and out, $10k−$4094.092% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.057%−$6 on $10k
Price spread, last 4 days (all we have)+0.167%+$17 · spread now −0.103%, 7d avg +0.049%
Together, before fees+0.110%+$11 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 0.152% cheaper against BingX than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.049%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ARPA-USDT0.010710.0100pay 0.0100% / 8h6h 49m$1.2M
ShortKuCoin ARPAUSDTM0.010700.0100get 0.0100% / 8h6h 49m$295K$199K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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: −0.103% → +0.049%
−$15.21
Slippage, 4 orders
−$387.21
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$424.42
Costs to cover
4.092%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; KuCoin: 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 BingX live order book, 10 min ago6.55 bp30.8 bp −$3185.4 bp −$854482.5 bp −$48.2K534.4 bp −$267.2K
Sell KuCoin live order book, 61 min ago9.82 bp171.5 bp −$171doesn'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+0.0076%8h0.01069−0.224%$138K$23K50xas long as short
Aster ARPAUSDT+0.0100%8h0.01072+0.075%$4K$7K5xas long as short
Binance ARPAUSDT+0.0100%8h0.01072+0.065%$2.1M$1.6M50xas long as short
Bybit ARPAUSDT+0.0100%8h0.01072+0.065%$273K$206K25xas long as short
Gate ARPA_USDT+0.0100%8h0.01071−0.037%$67K$124K25xas long as short
MEXC ARPA_USDT+0.0100%8h0.01072+0.093%$273K$122K125xas long as short
KuCoin ARPAUSDTMshort+0.0100%8h0.01070−0.103%$295K$199K30x
Bitget ARPAUSDT+0.0100%8h0.01072+0.056%$483K$262K50xas long as short
BingX ARPA-USDTlong+0.0100%8h0.01071long leg$1.2M
Variational Omni ARPA+0.0100%8h0.01070−0.085%$8K$107as long as short