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: MEXC against Bybit+0.093%7-day average −0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$232as in the Funding arb table
Net, price: spread back to 7d avg − costs−$217as in the Price arb table
costs, in and out, $10k−$2322.319% 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)−0.085%−$8 · spread now +0.093%, 7d avg −0.059%
Together, before fees−0.087%−$9 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: MEXC is 0.152% dearer against Bybit than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.059%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ARPAUSDT0.010740.0100pay 0.0100% / 8h7h 39m$274K$217K25x
ShortMEXC ARPA_USDT0.010750.0100get 0.0100% / 8h7h 39m$274K$124K125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.093% → −0.059%
$15.18
Slippage, 4 orders
−$216.93
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$216.75
Costs to cover
2.319%
Break-even
never at this rate
Slippage from Bybit: live order book, 16 min ago; MEXC: live order book, 16 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, 16 min ago4.67 bp107.7 bp −$108doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 16 min ago5.14 bp13.0 bp −$1346.2 bp −$46263.6 bp −$6,361100.6 bp −$50.3K

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+0.0071%8h0.01074+0.019%$138K$23K50xas long as short
Aster ARPAUSDT+0.0100%8h0.01074+0.010%$4K$7K5xas long as short
Binance ARPAUSDT+0.0100%8h0.01074−0.035%$2.1M$1.6M50xas long as short
Bybit ARPAUSDTlong+0.0100%8h0.01074long leg$274K$217K25x
MEXC ARPA_USDTshort+0.0100%8h0.01075+0.093%$274K$124K125x
KuCoin ARPAUSDTM+0.0100%8h0.010740.000%$309K$188K30xas long as short
Bitget ARPAUSDT+0.0100%8h0.01074−0.009%$486K$250K50xas long as short
BingX ARPA-USDT+0.0100%8h0.010740.000%$1.2Mas long as short
Variational Omni ARPA+0.0100%8h0.01074+0.008%$8K$107as long as short
Gate ARPA_USDT+0.0646%8h0.01074+0.009%$66K$121K25xas long as short