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

ARPA

all ARPA markets
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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: Bybit against Bitget0.000%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$277as in the Funding arb table
Net, price: spread back to 7d avg − costs−$277as in the Price arb table
costs, in and out, $10k−$2762.763% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 4 days (all we have)−0.046%−$5 · spread now 0.000%, 7d avg +0.006%
Together, before fees−0.056%−$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ARPAUSDT0.010670.0100pay 0.0100% / 8h6h 56m$479K$259K50x
ShortBybit ARPAUSDT0.010670.0100get 0.0100% / 8h6h 56m$272K$206K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: 0.000% → +0.006%
−$0.58
Slippage, 4 orders
−$253.29
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$276.87
Costs to cover
2.763%
Break-even
never at this rate
Slippage from Bitget: live order book, 8 min ago; Bybit: live order book, 58 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, 8 min ago9.33 bp36.9 bp −$37206.5 bp −$2,065doesn't fitdoesn't fit
Sell Bybit live order book, 58 min ago4.67 bp99.3 bp −$99doesn'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+0.0074%8h0.01068+0.094%$137K$23K50xas long as short
Aster ARPAUSDT+0.0100%8h0.01067−0.043%$4K$7K5xas long as short
Binance ARPAUSDT+0.0100%8h0.01068+0.047%$2.1M$1.6M50xas long as short
Bybit ARPAUSDTshort+0.0100%8h0.010670.000%$272K$206K25x
Gate ARPA_USDT+0.0100%8h0.01066−0.103%$67K$121K25xas long as short
MEXC ARPA_USDT+0.0100%8h0.01067+0.019%$272K$121K125xas long as short
KuCoin ARPAUSDTM+0.0100%8h0.01067−0.037%$296K$196K30xas long as short
Bitget ARPAUSDTlong+0.0100%8h0.01067long leg$479K$259K50x
BingX ARPA-USDT+0.0100%8h0.01066−0.084%$1.2Mas long as short
Variational Omni ARPA+0.0100%8h0.01070+0.296%$8K$107as long as short