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: BingX against KuCoin+0.130%7-day average −0.047% · 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−$443as in the Price arb table
costs, in and out, $10k−$4604.603% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.057%+$6 on $10k
Price spread, last 4 days (all we have)−0.150%−$15 · spread now +0.130%, 7d avg −0.047%
Together, before fees−0.093%−$9 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: BingX is 0.177% dearer against KuCoin than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ARPAUSDTM0.010770.0100pay 0.0100% / 8h5h 13m$283K$204K30x
ShortBingX ARPA-USDT0.010780.0100get 0.0100% / 8h5h 13m$1.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.130% → −0.047%
$17.68
Slippage, 4 orders
−$438.32
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$442.64
Costs to cover
4.603%
Break-even
never at this rate
Slippage from KuCoin: live order book, 7 min ago; BingX: live order book, 6 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 BingX live order book, 6 min ago6.49 bp31.6 bp −$32105.3 bp −$1,053496.7 bp −$49.7K538.5 bp −$269.2K

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+0.096%$4K$7K5xas long as short
Binance ARPAUSDT+0.0100%8h0.01077+0.056%$2.1M$1.6M50xas long as short
Bybit ARPAUSDT+0.0100%8h0.01078+0.111%$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+0.056%$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-USDTshort+0.0100%8h0.01078+0.130%$1.2M
Variational Omni ARPA+0.0100%8h0.01079+0.254%$8K$107as long as short