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 Gate−0.093%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$619as in the Funding arb table
Net, price: spread back to 7d avg − costs−$629as in the Price arb table
costs, in and out, $10k−$6226.220% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$3 on $10k
Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.093%, 7d avg −0.025%
Together, before fees+0.109%+$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: Binance is 0.068% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ARPA_USDT0.010730.0100pay 0.0100% / 8h6h 10m$68K$144K25x
ShortBinance ARPAUSDT0.010720.0100get 0.0100% / 8h6h 10m$2.1M$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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% → −0.025%
−$6.8
Slippage, 4 orders
−$596.96
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$628.76
Costs to cover
6.220%
Break-even
never at this rate
Slippage from Gate: live order book, 50 min ago; Binance: live order book, 9 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 Gate live order book, 50 min ago9.83 bp226.6 bp −$227doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 9 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%8h0.01074+0.095%$4K$7K5xas long as short
Binance ARPAUSDTshort+0.0100%8h0.01072−0.093%$2.1M$1.6M50x
Bybit ARPAUSDT+0.0100%8h0.01072−0.075%$273K$198K25xas long as short
Gate ARPA_USDTlong+0.0100%8h0.01073long leg$68K$144K25x
MEXC ARPA_USDT+0.0100%8h0.01072−0.065%$271K$124K125xas long as short
KuCoin ARPAUSDTM+0.0100%8h0.01072−0.084%$290K$203K30xas long as short
Bitget ARPAUSDT+0.0100%8h0.01071−0.168%$474K$268K50xas long as short
BingX ARPA-USDT+0.0100%8h0.01072−0.112%$1.2Mas long as short
Variational Omni ARPA+0.0100%8h0.01073+0.010%$8K$107as long as short