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 KuCoin+0.074%7-day average −0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$455as in the Funding arb table
Net, price: spread back to 7d avg − costs−$444as in the Price arb table
costs, in and out, $10k−$4604.596% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.046%+$5 on $10k
Price spread, last 4 days (all we have)−0.266%−$27 · spread now +0.074%, 7d avg −0.083%
Together, before fees−0.221%−$22 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 0.157% dearer against KuCoin than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.083%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ARPAUSDTM0.010770.0100pay 0.0100% / 8h5h 14m$283K$204K30x
ShortBinance ARPAUSDT0.010770.0100get 0.0100% / 8h5h 14m$2.1M$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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: +0.074% → −0.083%
$15.73
Slippage, 4 orders
−$437.6
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$443.87
Costs to cover
4.596%
Break-even
never at this rate
Slippage from KuCoin: live order book, 7 min ago; Binance: live order book, 5 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 KuCoin live order book, 7 min ago10.19 bp197.8 bp −$198doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 5 min ago3.24 bp33.0 bp −$33170.7 bp −$1,707doesn'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+0.0097%8h0.01078+0.130%$138K$20K50xas long as short
Aster ARPAUSDT+0.0100%8h0.01078+0.102%$4K$7K5xas long as short
Binance ARPAUSDTshort+0.0100%8h0.01077+0.074%$2.1M$1.6M50x
Bybit ARPAUSDT+0.0100%8h0.01078+0.130%$273K$196K25xas long as short
Gate ARPA_USDT+0.0100%8h0.01079+0.186%$69K$143K25xas long as short
MEXC ARPA_USDT+0.0100%8h0.01077+0.046%$273K$122K125xas long as short
KuCoin ARPAUSDTMlong+0.0100%8h0.01077long leg$283K$204K30x
Bitget ARPAUSDT+0.0100%8h0.01078+0.130%$479K$257K50xas long as short
BingX ARPA-USDT+0.0100%8h0.01079+0.223%$1.2Mas long as short
Variational Omni ARPA+0.0100%8h0.01079+0.254%$8K$107as long as short