Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate−0.009%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$561as in the Funding arb table
Net, price: spread back to 7d avg − costs−$570as in the Price arb table
costs, in and out, $10k−$5655.650% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.009%, 7d avg +0.036%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.045% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARPA_USDT | 0.01070 | 0.0100 | pay 0.0100% / 8h | 37m 22s | $66K | $122K | 25x |
| Short | Bitget ARPAUSDT | 0.01070 | 0.0100 | get 0.0100% / 8h | 37m 22s | $484K | $249K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- Price spread: −0.009% → +0.036%
- −$4.53
- Slippage, 4 orders
- −$538.03
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$569.57
- Costs to cover
- 5.650%
- Break-even
- never at this rate
Slippage from Gate: live order book, 33 min ago; Bitget: live order book, 37 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 Gate live order book, 33 min ago | 7.97 bp | 191.7 bp −$192 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 37 min ago | 9.37 bp | 33.8 bp −$34 | 191.6 bp −$1,916 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ARPAUSDT | +0.0100% | 8h | 0.01070 | −0.032% | $4K | $7K | 5x | as long as short |
| Binance ARPAUSDT | +0.0100% | 8h | 0.01069 | −0.059% | $2.1M | $1.6M | 50x | as long as short |
| Bybit ARPAUSDT | +0.0100% | 8h | 0.01070 | −0.009% | $273K | $223K | 25x | as long as short |
| Gate ARPA_USDTlong | +0.0100% | 8h | 0.01070 | long leg | $66K | $122K | 25x | |
| MEXC ARPA_USDT | +0.0100% | 8h | 0.01069 | −0.056% | $272K | $126K | 125x | as long as short |
| KuCoin ARPAUSDTM | +0.0100% | 8h | 0.01069 | −0.075% | $311K | $184K | 30x | as long as short |
| Bitget ARPAUSDTshort | +0.0100% | 8h | 0.01070 | −0.009% | $484K | $249K | 50x | |
| BingX ARPA-USDT | +0.0100% | 8h | 0.01069 | −0.075% | — | $1.2M | — | as long as short |
| Variational Omni ARPA | +0.0100% | 8h | 0.01070 | −0.050% | $8K | $107 | — | as long as short |
| BloFin ARPA-USDT | +0.0120% | 8h | 0.01071 | +0.056% | $138K | $23K | 50x | as long as short |
Gate ARPA_USDT
Bitget ARPAUSDT
Aster ARPAUSDT
Binance ARPAUSDT
Bybit ARPAUSDT
MEXC ARPA_USDT
KuCoin ARPAUSDTM
BingX ARPA-USDT
Variational Omni ARPA
BloFin ARPA-USDT