Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −1.9% APRnext payment −$0.18 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against BloFin+0.028%79s7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as 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−$690.694% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.028%, 7d avg +0.001%
=The price spread pays, funding is against you. MEXC is 0.027% dearer against BloFin than usual: you sell high and buy low (spread +0.028% now, against its 7-day average of +0.001%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.1 days. At the pace of the last 7 days (−0.008% in total) that is about 24 days. The two prices were read 79 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 | 0.0118 | pay 0.0118% / 8h | 4h 25m | $137K | $21K | 50x |
| Short | MEXC ARPA_USDT | 0.01074 | 0.0100 | get 0.0100% / 8h | 4h 25m | $272K | $121K | 125x |
BloFin ARPA-USDT
MEXC ARPA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$3.7
- Price spread: +0.028% → +0.001%
- $2.69
- Slippage, 4 orders
- −$53.4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$70.4
- Costs to cover
- 0.694%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 66 min ago; MEXC: 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, 66 min ago | 3.72 bp | 21.9 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 14 min ago | 3.74 bp | 11.7 bp −$12 | 44.9 bp −$449 | 64.1 bp −$6,412 | 116.0 bp −$58.0K |
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 | 0.01074 | −0.007% | $4K | $7K | 5x | as long as short |
| Binance ARPAUSDT | +0.0100% | 8h | 0.01075 | +0.039% | $2.1M | $1.6M | 50x | as long as short |
| Bybit ARPAUSDT | +0.0100% | 8h | 0.01075 | +0.056% | $272K | $195K | 25x | as long as short |
| Gate ARPA_USDT | +0.0100% | 8h | 0.01075 | +0.074% | $68K | $130K | 25x | as long as short |
| MEXC ARPA_USDTshort | +0.0100% | 8h | 0.01074 | +0.028% | $272K | $121K | 125x | |
| KuCoin ARPAUSDTM | +0.0100% | 8h | 0.01074 | +0.009% | $279K | $206K | 30x | as long as short |
| Bitget ARPAUSDT | +0.0100% | 8h | 0.01074 | −0.009% | $477K | $258K | 50x | as long as short |
| BingX ARPA-USDT | +0.0100% | 8h | 0.01074 | −0.037% | — | $1.2M | — | as long as short |
| Variational Omni ARPA | +0.0100% | 8h | 0.01075 | +0.065% | $8K | $107 | — | as long as short |
| BloFin ARPA-USDTlong | +0.0118% | 8h | 0.01074 | long leg | $137K | $21K | 50x |
Aster ARPAUSDT
Binance ARPAUSDT
Bybit ARPAUSDT
Gate ARPA_USDT
KuCoin ARPAUSDTM
Bitget ARPAUSDT
BingX ARPA-USDT
Variational Omni ARPA