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

ARPA

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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: Binance against Bybit−0.019%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$284as in the Funding arb table
Net, price: spread back to 7d avg − costs−$279as in the Price arb table
costs, in and out, $10k−$2842.837% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.019%, 7d avg −0.065%
Together, before fees+0.004%$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.047% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.065%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ARPAUSDT0.010720.0100pay 0.0100% / 8h6h 08m$272K$197K25x
ShortBinance ARPAUSDT0.010710.0100get 0.0100% / 8h6h 08m$2.1M$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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: −0.019% → −0.065%
$4.66
Slippage, 4 orders
−$262.72
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$279.06
Costs to cover
2.837%
Break-even
never at this rate
Slippage from Bybit: live order book, 42 min ago; Binance: live order book, 11 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 Bybit live order book, 42 min ago5.59 bp105.2 bp −$105doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 11 min ago5.58 bp29.1 bp −$29170.2 bp −$1,702doesn't fitdoesn't fit

ARPA on 9 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
Aster ARPAUSDT+0.0100%8h0.01070−0.141%$4K$7K5xas long as short
Binance ARPAUSDTshort+0.0100%8h0.01071−0.019%$2.1M$1.6M50x
Bybit ARPAUSDTlong+0.0100%8h0.01072long leg$272K$197K25x
Gate ARPA_USDT+0.0100%8h0.01071−0.019%$68K$144K25xas long as short
MEXC ARPA_USDT+0.0100%8h0.01072+0.009%$271K$124K125xas long as short
KuCoin ARPAUSDTM+0.0100%8h0.01071−0.019%$284K$204K30xas long as short
Bitget ARPAUSDT+0.0100%8h0.01070−0.149%$476K$264K50xas long as short
BingX ARPA-USDT+0.0100%8h0.01071−0.019%$1.2Mas long as short
Variational Omni ARPA+0.0100%8h0.01073+0.122%$8K$107as long as short