Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Bybit−0.196%72s7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$243as 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−$2442.438% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 4 days (all we have)+0.105%+$11 · spread now −0.196%, 7d avg −0.062%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.134% cheaper against Bybit than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.062%. The two prices were read 72 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 | Bybit ARPAUSDT | 0.01072 | 0.0100 | pay 0.0100% / 8h | 2h 38m | $270K | $188K | 25x |
| Short | BloFin ARPA-USDT | 0.01069 | 0.0099 | get 0.0099% / 8h | 2h 38m | $136K | $16K | 50x |
Bybit ARPAUSDT
BloFin ARPA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- −$0.17
- Price spread: −0.196% → −0.062%
- −$13.38
- Slippage, 4 orders
- −$220.82
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$257.37
- Costs to cover
- 2.438%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 57 min ago; BloFin: live order book, 33 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 Bybit live order book, 57 min ago | 2.32 bp | 107.3 bp −$107 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 33 min ago | 2.79 bp | 24.0 bp −$24 | 78.9 bp −$789 | 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-USDTshort | +0.0099% | 8h | 0.01069 | −0.196% | $136K | $16K | 50x | |
| Aster ARPAUSDT | +0.0100% | 8h | 0.01072 | +0.066% | $4K | $7K | 5x | as long as short |
| Binance ARPAUSDT | +0.0100% | 8h | 0.01072 | +0.009% | $2.1M | $1.5M | 50x | as long as short |
| Bybit ARPAUSDTlong | +0.0100% | 8h | 0.01072 | long leg | $270K | $188K | 25x | |
| Gate ARPA_USDT | +0.0100% | 8h | 0.01070 | −0.093% | $67K | $150K | 25x | as long as short |
| MEXC ARPA_USDT | +0.0100% | 8h | 0.01072 | 0.000% | $269K | $121K | 125x | as long as short |
| KuCoin ARPAUSDTM | +0.0100% | 8h | 0.01070 | −0.103% | $266K | $208K | 30x | as long as short |
| Bitget ARPAUSDT | +0.0100% | 8h | 0.01071 | −0.047% | $475K | $251K | 50x | as long as short |
| BingX ARPA-USDT | +0.0100% | 8h | 0.01071 | −0.009% | — | $1.2M | — | as long as short |
| Variational Omni ARPA | +0.0100% | 8h | 0.01072 | +0.017% | $8K | $107 | — | as long as short |
Aster ARPAUSDT
Binance ARPAUSDT
Gate ARPA_USDT
MEXC ARPA_USDT
KuCoin ARPAUSDTM
Bitget ARPAUSDT
BingX ARPA-USDT
Variational Omni ARPA