Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.26 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Gate+0.009%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$583as in the Funding arb table
Net, price: spread back to 7d avg − costs−$583as in the Price arb table
costs, in and out, $10k−$5865.864% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.009%, 7d avg −0.020%
=The price spread pays, funding is against you. BloFin is 0.029% dearer against Gate than usual: you sell high and buy low (spread +0.009% now, against its 7-day average of −0.020%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARPA_USDT | 0.01074 | 0.0100 | pay 0.0100% / 8h | 2h 41m | $68K | $149K | 25x |
| Short | BloFin ARPA-USDT | 0.01074 | 0.0074 | get 0.0074% / 8h | 2h 41m | $137K | $16K | 50x |
Gate ARPA_USDT
BloFin ARPA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$5.43
- Price spread: +0.009% → −0.020%
- $2.94
- Slippage, 4 orders
- −$559.38
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$588.87
- Costs to cover
- 5.864%
- Break-even
- never at this rate
Slippage from Gate: live order book, 64 min ago; BloFin: live order book, 30 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, 64 min ago | 5.09 bp | 251.8 bp −$252 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 30 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 | +0.0074% | 8h | 0.01074 | +0.009% | $137K | $16K | 50x | |
| Aster ARPAUSDT | +0.0100% | 8h | 0.01071 | −0.274% | $4K | $7K | 5x | as long as short |
| Binance ARPAUSDT | +0.0100% | 8h | 0.01072 | −0.251% | $2.1M | $1.5M | 50x | as long as short |
| Bybit ARPAUSDT | +0.0100% | 8h | 0.01073 | −0.121% | $270K | $188K | 25x | as long as short |
| Gate ARPA_USDTlong | +0.0100% | 8h | 0.01074 | long leg | $68K | $149K | 25x | |
| MEXC ARPA_USDT | +0.0100% | 8h | 0.01073 | −0.074% | $269K | $120K | 125x | as long as short |
| KuCoin ARPAUSDTM | +0.0100% | 8h | 0.01074 | −0.056% | $269K | $208K | 30x | as long as short |
| Bitget ARPAUSDT | +0.0100% | 8h | 0.01074 | −0.019% | $477K | $250K | 50x | as long as short |
| BingX ARPA-USDT | +0.0100% | 8h | 0.01073 | −0.112% | — | $1.2M | — | as long as short |
| Variational Omni ARPA | +0.0100% | 8h | 0.01076 | +0.136% | $8K | $107 | — | as long as short |
Aster ARPAUSDT
Binance ARPAUSDT
Bybit ARPAUSDT
MEXC ARPA_USDT
KuCoin ARPAUSDTM
Bitget ARPAUSDT
BingX ARPA-USDT
Variational Omni ARPA