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: Bitget against Bybit−0.065%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$266as in the Funding arb table
Net, price: spread back to 7d avg − costs−$273as in the Price arb table
costs, in and out, $10k−$2672.668% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.065%, 7d avg −0.006%
Together, before fees+0.145%+$14 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: Bitget is 0.059% cheaper against Bybit than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ARPAUSDT0.010800.0100pay 0.0100% / 8h5h 18m$274K$196K25x
ShortBitget ARPAUSDT0.010790.0100get 0.0100% / 8h5h 18m$480K$257K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.065% → −0.006%
−$5.86
Slippage, 4 orders
−$243.81
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$272.67
Costs to cover
2.668%
Break-even
never at this rate
Slippage from Bybit: live order book, 27 min ago; Bitget: live order book, 41 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, 27 min ago2.32 bp98.0 bp −$98doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 41 min ago9.32 bp29.8 bp −$30192.1 bp −$1,921doesn't fitdoesn't fit

ARPA on 10 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
BloFin ARPA-USDT+0.0082%8h0.01080−0.019%$138K$20K50xas long as short
Aster ARPAUSDT+0.0100%8h0.01079−0.073%$4K$7K5xas long as short
Binance ARPAUSDT+0.0100%8h0.01079−0.099%$2.1M$1.6M50xas long as short
Bybit ARPAUSDTlong+0.0100%8h0.01080long leg$274K$196K25x
Gate ARPA_USDT+0.0100%8h0.010800.000%$69K$143K25xas long as short
MEXC ARPA_USDT+0.0100%8h0.01079−0.074%$273K$122K125xas long as short
KuCoin ARPAUSDTM+0.0100%8h0.01077−0.213%$283K$204K30xas long as short
Bitget ARPAUSDTshort+0.0100%8h0.01079−0.065%$480K$257K50x
BingX ARPA-USDT+0.0100%8h0.01079−0.065%$1.2Mas long as short
Variational Omni ARPA+0.0100%8h0.01080+0.019%$8K$107as long as short