Settings8H · net · $10k
Funding arb · Price arb /

ARPA

all ARPA markets
SwapBacktest
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: KuCoin against Gate−0.009%7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$811as in the Funding arb table
Net, price: spread back to 7d avg − costs−$816as in the Price arb table
costs, in and out, $10k−$8098.091% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.020%−$2 on $10k
Price spread, last 4 days (all we have)+0.090%+$9 · spread now −0.009%, 7d avg +0.055%
Together, before fees+0.069%+$7 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: KuCoin is 0.065% cheaper against Gate than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ARPA_USDT0.010700.0100pay 0.0100% / 8h2h 38m$67K$150K25x
ShortKuCoin ARPAUSDTM0.010700.0100get 0.0100% / 8h2h 38m$266K$208K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.009% → +0.055%
−$6.45
Slippage, 4 orders
−$782.08
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$815.53
Costs to cover
8.091%
Break-even
never at this rate
Slippage from Gate: live order book, 3 min ago; KuCoin: live order book, 19 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, 3 min ago8.89 bp197.6 bp −$198doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 19 min ago7.44 bp200.1 bp −$200doesn't fitdoesn't fitdoesn't fit

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+0.0099%8h0.01069−0.103%$136K$16K50xas long as short
Aster ARPAUSDT+0.0100%8h0.01072+0.159%$4K$7K5xas long as short
Binance ARPAUSDT+0.0100%8h0.01072+0.103%$2.1M$1.5M50xas long as short
Bybit ARPAUSDT+0.0100%8h0.01072+0.093%$270K$188K25xas long as short
Gate ARPA_USDTlong+0.0100%8h0.01070long leg$67K$150K25x
MEXC ARPA_USDT+0.0100%8h0.01072+0.093%$269K$121K125xas long as short
KuCoin ARPAUSDTMshort+0.0100%8h0.01070−0.009%$266K$208K30x
Bitget ARPAUSDT+0.0100%8h0.01071+0.047%$475K$251K50xas long as short
BingX ARPA-USDT+0.0100%8h0.01071+0.084%$1.2Mas long as short
Variational Omni ARPA+0.0100%8h0.01072+0.111%$8K$107as long as short