Funding you earn now, next payment 08:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.25 per $10,000 · paid last 24h +0.002%
Price spread now: Bitget against BloFin−0.047%65s7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$950.953% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 3 days (all we have)+0.241%+$24 · spread now −0.047%, 7d avg +0.057%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.104% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.057%). Swap the legs. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARPA-USDT | 0.01074 | 0.0125 | pay 0.0125% / 8h | 7h 42m | $138K | $23K | 50x |
| Short | Bitget ARPAUSDT | 0.01074 | 0.0100 | get 0.0100% / 8h | 7h 42m | $486K | $249K | 50x |
BloFin ARPA-USDT
Bitget ARPAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$5.25
- Price spread: −0.047% → +0.057%
- −$10.37
- Slippage, 4 orders
- −$71.3
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$110.92
- Costs to cover
- 0.953%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 14 min ago; Bitget: live order book, 27 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, 14 min ago | 5.14 bp | 22.8 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 27 min ago | 9.36 bp | 27.0 bp −$27 | 184.9 bp −$1,849 | doesn't fit | doesn't fit |
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 | 0.01073 | −0.094% | $4K | $7K | 5x | as long as short |
| Binance ARPAUSDT | +0.0100% | 8h | 0.01075 | +0.025% | $2.1M | $1.6M | 50x | as long as short |
| Bybit ARPAUSDT | +0.0100% | 8h | 0.01073 | −0.121% | $274K | $217K | 25x | as long as short |
| MEXC ARPA_USDT | +0.0100% | 8h | 0.01075 | +0.019% | $274K | $124K | 125x | as long as short |
| KuCoin ARPAUSDTM | +0.0100% | 8h | 0.01073 | −0.112% | $309K | $187K | 30x | as long as short |
| Bitget ARPAUSDTshort | +0.0100% | 8h | 0.01074 | −0.047% | $486K | $249K | 50x | |
| BingX ARPA-USDT | +0.0100% | 8h | 0.01074 | −0.065% | — | $1.2M | — | as long as short |
| Variational Omni ARPA | +0.0100% | 8h | 0.01072 | −0.253% | $8K | $107 | — | as long as short |
| BloFin ARPA-USDTlong | +0.0125% | 8h | 0.01074 | long leg | $138K | $23K | 50x | |
| Gate ARPA_USDT | +0.0342% | 8h | 0.01073 | −0.102% | $66K | $121K | 25x | as long as short |
Aster ARPAUSDT
Binance ARPAUSDT
Bybit ARPAUSDT
MEXC ARPA_USDT
KuCoin ARPAUSDTM
BingX ARPA-USDT
Variational Omni ARPA
Gate ARPA_USDT