Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.11 per $10,000 · paid last 24h +0.002%
Price spread now: KuCoin against BloFin−0.075%7-day average +0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$391as in the Funding arb table
Net, price: spread back to 7d avg − costs−$401as in the Price arb table
costs, in and out, $10k−$3853.852% of the position
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 3 days (all we have)+0.161%+$16 · spread now −0.075%, 7d avg +0.081%
=Funding pays, the price is against you. KuCoin is 0.156% cheaper against BloFin than usual: you would sell low and buy high (spread −0.075% now, against its 7-day average of +0.081%). If the spread goes back, that is −$16 on $10k: about 48 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.053%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARPA-USDT | 0.01071 | 0.0089 | pay 0.0089% / 8h | 7h 37m | $138K | $23K | 50x |
| Short | KuCoin ARPAUSDTM | 0.01071 | 0.0100 | get 0.0100% / 8h | 7h 37m | $308K | $188K | 30x |
BloFin ARPA-USDT
KuCoin ARPAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $2.29
- Price spread: −0.075% → +0.081%
- −$15.59
- Slippage, 4 orders
- −$361.19
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$398.49
- Costs to cover
- 3.852%
- Break-even
- 1223.1 days
Slippage from BloFin: live order book, 19 min ago; KuCoin: live order book, 14 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, 19 min ago | 5.14 bp | 22.8 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 14 min ago | 9.82 bp | 171.5 bp −$171 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARPA-USDTlong | +0.0089% | 8h | 0.01071 | long leg | $138K | $23K | 50x | |
| Aster ARPAUSDT | +0.0100% | 8h | 0.01072 | +0.103% | $4K | $7K | 5x | as long as short |
| Binance ARPAUSDT | +0.0100% | 8h | 0.01071 | −0.004% | $2.1M | $1.6M | 50x | as long as short |
| Bybit ARPAUSDT | +0.0100% | 8h | 0.01072 | +0.009% | $274K | $217K | 25x | as long as short |
| MEXC ARPA_USDT | +0.0100% | 8h | 0.01072 | +0.019% | $273K | $124K | 125x | as long as short |
| KuCoin ARPAUSDTMshort | +0.0100% | 8h | 0.01071 | −0.075% | $308K | $188K | 30x | |
| Bitget ARPAUSDT | +0.0100% | 8h | 0.01072 | +0.056% | $485K | $251K | 50x | as long as short |
| BingX ARPA-USDT | +0.0100% | 8h | 0.01072 | +0.037% | — | $1.2M | — | as long as short |
| Variational Omni ARPA | +0.0100% | 8h | 0.01074 | +0.260% | $8K | $107 | — | as long as short |
| Gate ARPA_USDT | +0.0451% | 8h | 0.01072 | +0.056% | $68K | $123K | 25x | as long as short |
Aster ARPAUSDT
Binance ARPAUSDT
Bybit ARPAUSDT
MEXC ARPA_USDT
Bitget ARPAUSDT
BingX ARPA-USDT
Variational Omni ARPA
Gate ARPA_USDT