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: BingX against Bitget+0.056%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1201.204% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.025%−$3 · spread now +0.056%, 7d avg −0.022%
Together, before fees−0.025%−$3 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: BingX is 0.078% dearer against Bitget than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ARPAUSDT0.010790.0100pay 0.0100% / 8h5h 20m$480K$257K50x
ShortBingX ARPA-USDT0.010800.0100get 0.0100% / 8h5h 20m$1.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.056% → −0.022%
$7.77
Slippage, 4 orders
−$98.36
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$112.58
Costs to cover
1.204%
Break-even
never at this rate
Slippage from Bitget: live order book, 40 min ago; BingX: live order book, 10 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, 40 min ago9.32 bp29.6 bp −$30206.9 bp −$2,069doesn't fitdoesn't fit
Sell BingX live order book, 10 min ago7.43 bp30.6 bp −$3189.2 bp −$892470.6 bp −$47.1K515.0 bp −$257.5K

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+0.0084%8h0.01078−0.102%$138K$20K50xas long as short
Aster ARPAUSDT+0.0100%8h0.01079−0.025%$4K$7K5xas long as short
Binance ARPAUSDT+0.0100%8h0.01079+0.014%$2.1M$1.6M50xas long as short
Bybit ARPAUSDT+0.0100%8h0.01080+0.083%$274K$196K25xas long as short
Gate ARPA_USDT+0.0100%8h0.01080+0.093%$69K$143K25xas long as short
MEXC ARPA_USDT+0.0100%8h0.01079−0.009%$273K$122K125xas long as short
KuCoin ARPAUSDTM+0.0100%8h0.01077−0.176%$283K$204K30xas long as short
Bitget ARPAUSDTlong+0.0100%8h0.01079long leg$480K$257K50x
BingX ARPA-USDTshort+0.0100%8h0.01080+0.056%$1.2M
Variational Omni ARPA+0.0100%8h0.01080+0.083%$8K$107as long as short