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: Bybit against KuCoin+0.243%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$551as in the Funding arb table
Net, price: spread back to 7d avg − costs−$530as in the Price arb table
costs, in and out, $10k−$5565.558% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.048%+$5 on $10k
Price spread, last 4 days (all we have)−0.324%−$32 · spread now +0.243%, 7d avg −0.020%
Together, before fees−0.276%−$28 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: Bybit is 0.263% dearer against KuCoin than usual: you sell high and buy low, +$26 on $10k if it goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ARPAUSDTM0.010680.0100pay 0.0100% / 8h6h 50m$295K$198K30x
ShortBybit ARPAUSDT0.010710.0100get 0.0100% / 8h6h 50m$273K$206K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.243% → −0.020%
$26.32
Slippage, 4 orders
−$532.83
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$529.51
Costs to cover
5.558%
Break-even
never at this rate
Slippage from KuCoin: live order book, 60 min ago; Bybit: live order book, 64 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, 60 min ago9.82 bp177.4 bp −$177doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 64 min ago4.67 bp99.3 bp −$99doesn'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+0.0076%8h0.01069+0.056%$138K$23K50xas long as short
Aster ARPAUSDT+0.0100%8h0.01070+0.131%$4K$7K5xas long as short
Binance ARPAUSDT+0.0100%8h0.01071+0.211%$2.1M$1.6M50xas long as short
Bybit ARPAUSDTshort+0.0100%8h0.01071+0.243%$273K$206K25x
Gate ARPA_USDT+0.0100%8h0.01068−0.028%$67K$124K25xas long as short
MEXC ARPA_USDT+0.0100%8h0.01071+0.206%$273K$122K125xas long as short
KuCoin ARPAUSDTMlong+0.0100%8h0.01068long leg$295K$198K30x
Bitget ARPAUSDT+0.0100%8h0.01070+0.150%$482K$262K50xas long as short
BingX ARPA-USDT+0.0100%8h0.01069+0.084%$1.2Mas long as short
Variational Omni ARPA+0.0100%8h0.01070+0.195%$8K$107as long as short