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

ARPA

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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget+0.007%7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1571.571% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 4 days (all we have)−0.148%−$15 · spread now +0.007%, 7d avg −0.057%
Together, before fees−0.160%−$16 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: Binance is 0.064% dearer against Bitget than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ARPAUSDT0.010860.0100pay 0.0100% / 8h7h 05m$493K$219K50x
ShortBinance ARPAUSDT0.010860.0100get 0.0100% / 8h7h 05m$2.1M$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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: +0.007% → −0.057%
$6.39
Slippage, 4 orders
−$135.08
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$150.69
Costs to cover
1.571%
Break-even
never at this rate
Slippage from Bitget: live order book, 24 min ago; Binance: live order book, 14 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 Bitget live order book, 24 min ago9.29 bp35.0 bp −$35284.0 bp −$2,840doesn't fitdoesn't fit
Sell Binance live order book, 14 min ago3.23 bp48.2 bp −$48238.6 bp −$2,386doesn'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+0.0087%8h0.01086+0.037%$136K$15K50xas long as short
Aster ARPAUSDT+0.0100%8h0.01084−0.144%$4K$5K5xas long as short
Binance ARPAUSDTshort+0.0100%8h0.01086+0.007%$2.1M$1.4M50x
Bybit ARPAUSDT+0.0100%8h0.01086+0.009%$272K$172K25xas long as short
Gate ARPA_USDT+0.0100%8h0.01086−0.037%$69K$159K25xas long as short
MEXC ARPA_USDT+0.0100%8h0.01086+0.018%$258K$125K125xas long as short
KuCoin ARPAUSDTM+0.0100%8h0.01087+0.064%$269K$223K30xas long as short
Bitget ARPAUSDTlong+0.0100%8h0.01086long leg$493K$219K50x
BingX ARPA-USDT+0.0100%8h0.01087+0.064%$1.3Mas long as short
Variational Omni ARPA+0.0100%8h0.01086−0.030%$8K$107as long as short