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: Bybit against Gate+0.167%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$699as in the Funding arb table
Net, price: spread back to 7d avg − costs−$689as in the Price arb table
costs, in and out, $10k−$7027.018% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)−0.208%−$21 · spread now +0.167%, 7d avg +0.040%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.127% dearer against Gate than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARPA_USDT | 0.01077 | 0.0100 | pay 0.0100% / 8h | 5h 22m | $69K | $143K | 25x |
| Short | Bybit ARPAUSDT | 0.01079 | 0.0100 | get 0.0100% / 8h | 5h 22m | $273K | $196K | 25x |
Gate ARPA_USDT
Bybit ARPAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.167% → +0.040%
- $12.71
- Slippage, 4 orders
- −$675.79
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$689.08
- Costs to cover
- 7.018%
- Break-even
- never at this rate
Slippage from Gate: live order book, 33 min ago; Bybit: live order book, 23 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 | 9.32 bp | 232.3 bp −$232 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 23 min ago | 2.32 bp | 109.4 bp −$109 | doesn't fit | 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 | 0.01077 | +0.063% | $4K | $7K | 5x | as long as short |
| Binance ARPAUSDT | +0.0100% | 8h | 0.01078 | +0.129% | $2.1M | $1.6M | 50x | as long as short |
| Bybit ARPAUSDTshort | +0.0100% | 8h | 0.01079 | +0.167% | $273K | $196K | 25x | |
| Gate ARPA_USDTlong | +0.0100% | 8h | 0.01077 | long leg | $69K | $143K | 25x | |
| MEXC ARPA_USDT | +0.0100% | 8h | 0.01079 | +0.186% | $273K | $121K | 125x | as long as short |
| KuCoin ARPAUSDTM | +0.0100% | 8h | 0.01077 | −0.028% | $283K | $203K | 30x | as long as short |
| Bitget ARPAUSDT | +0.0100% | 8h | 0.01078 | +0.111% | $480K | $257K | 50x | as long as short |
| BingX ARPA-USDT | +0.0100% | 8h | 0.01078 | +0.093% | — | $1.2M | — | as long as short |
| Variational Omni ARPA | +0.0100% | 8h | 0.01077 | −0.007% | $8K | $107 | — | as long as short |
| BloFin ARPA-USDT | +0.0127% | 8h | 0.01077 | −0.009% | $138K | $20K | 50x | as long as short |
Aster ARPAUSDT
Binance ARPAUSDT
MEXC ARPA_USDT
KuCoin ARPAUSDTM
Bitget ARPAUSDT
BingX ARPA-USDT
Variational Omni ARPA
BloFin ARPA-USDT