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: KuCoin against Bybit−0.047%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$608as in the Funding arb table
Net, price: spread back to 7d avg − costs−$610as in the Price arb table
costs, in and out, $10k−$6036.032% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 4 days (all we have)+0.163%+$16 · spread now −0.047%, 7d avg +0.018%
Together, before fees+0.115%+$11 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: KuCoin is 0.065% 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 +0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ARPAUSDT0.010750.0100pay 0.0100% / 8h4h 25m$272K$195K25x
ShortKuCoin ARPAUSDTM0.010750.0100get 0.0100% / 8h4h 25m$279K$206K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.047% → +0.018%
−$6.46
Slippage, 4 orders
−$580.17
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$609.63
Costs to cover
6.032%
Break-even
never at this rate
Slippage from Bybit: live order book, 15 min ago; KuCoin: live order book, 56 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, 15 min ago6.07 bp108.1 bp −$108doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 56 min ago10.19 bp200.2 bp −$200doesn't fitdoesn'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%8h0.010750.000%$137K$21K50xas long as short
Aster ARPAUSDT+0.0100%8h0.01075−0.037%$4K$7K5xas long as short
Binance ARPAUSDT+0.0100%8h0.01075+0.007%$2.1M$1.6M50xas long as short
Bybit ARPAUSDTlong+0.0100%8h0.01075long leg$272K$195K25x
Gate ARPA_USDT+0.0100%8h0.010750.000%$68K$130K25xas long as short
MEXC ARPA_USDT+0.0100%8h0.010750.000%$272K$121K125xas long as short
KuCoin ARPAUSDTMshort+0.0100%8h0.01075−0.047%$279K$206K30x
Bitget ARPAUSDT+0.0100%8h0.01074−0.112%$477K$258K50xas long as short
BingX ARPA-USDT+0.0100%8h0.01074−0.065%$1.2Mas long as short
Variational Omni ARPA+0.0100%8h0.01075−0.037%$8K$107as long as short