Funding you earn now, next payment 00:00 UTC−0.0027%/8h= −3.0% APRnext payment −$0.27 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against BloFin−0.066%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1061.061% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 3 days (all we have)+0.174%+$17 · spread now −0.066%, 7d avg +0.033%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.099% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.033%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARPA-USDT | 0.01067 | 0.0127 | pay 0.0127% / 8h | 1h 11m | $138K | $23K | 50x |
| Short | BingX ARPA-USDT | 0.01067 | 0.0100 | get 0.0100% / 8h | 1h 11m | — | $1.2M | — |
BloFin ARPA-USDT
BingX ARPA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$5.66
- Price spread: −0.066% → +0.033%
- −$9.91
- Slippage, 4 orders
- −$84.11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$121.68
- Costs to cover
- 1.061%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 62 min ago; BingX: live order book, 9 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 BloFin live order book, 62 min ago | 0.94 bp | 32.2 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 7.03 bp | 26.1 bp −$26 | 83.6 bp −$836 | 464.3 bp −$46.4K | 509.7 bp −$254.9K |
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 | 0.01067 | −0.078% | $4K | $7K | 5x | as long as short |
| Binance ARPAUSDT | +0.0100% | 8h | 0.01066 | −0.103% | $2.1M | $1.6M | 50x | as long as short |
| Bybit ARPAUSDT | +0.0100% | 8h | 0.01066 | −0.112% | $272K | $230K | 25x | as long as short |
| Gate ARPA_USDT | +0.0100% | 8h | 0.01067 | −0.066% | $66K | $128K | 25x | as long as short |
| MEXC ARPA_USDT | +0.0100% | 8h | 0.01066 | −0.112% | $272K | $129K | 125x | as long as short |
| KuCoin ARPAUSDTM | +0.0100% | 8h | 0.01066 | −0.122% | $310K | $184K | 30x | as long as short |
| Bitget ARPAUSDT | +0.0100% | 8h | 0.01066 | −0.131% | $485K | $248K | 50x | as long as short |
| BingX ARPA-USDTshort | +0.0100% | 8h | 0.01067 | −0.066% | — | $1.2M | — | |
| Variational Omni ARPA | +0.0100% | 8h | 0.01067 | −0.055% | $8K | $107 | — | as long as short |
| BloFin ARPA-USDTlong | +0.0127% | 8h | 0.01067 | long leg | $138K | $23K | 50x |
Aster ARPAUSDT
Binance ARPAUSDT
Bybit ARPAUSDT
Gate ARPA_USDT
MEXC ARPA_USDT
KuCoin ARPAUSDTM
Bitget ARPAUSDT
Variational Omni ARPA