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: Gate against KuCoin−0.009%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$774as in the Funding arb table
Net, price: spread back to 7d avg − costs−$771as in the Price arb table
costs, in and out, $10k−$7767.758% 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)−0.065%−$7 · spread now −0.009%, 7d avg −0.056%
Together, before fees−0.045%−$4 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: Gate is 0.046% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ARPAUSDTM0.010830.0100pay 0.0100% / 8h1h 07m$267K$215K30x
ShortGate ARPA_USDT0.010830.0100get 0.0100% / 8h1h 07m$68K$144K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.009% → −0.056%
$4.64
Slippage, 4 orders
−$748.85
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$771.21
Costs to cover
7.758%
Break-even
never at this rate
Slippage from KuCoin: live order book, 34 min ago; Gate: live order book, 28 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, 34 min ago8.82 bp183.6 bp −$184doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 28 min ago7.43 bp229.0 bp −$229doesn'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
Aster ARPAUSDT+0.0100%8h0.01083+0.041%$4K$5K5xas long as short
Binance ARPAUSDT+0.0100%8h0.01083−0.023%$2.1M$1.5M50xas long as short
Bybit ARPAUSDT+0.0100%8h0.01084+0.129%$274K$182K25xas long as short
Gate ARPA_USDTshort+0.0100%8h0.01083−0.009%$68K$144K25x
MEXC ARPA_USDT+0.0100%8h0.010830.000%$271K$122K125xas long as short
KuCoin ARPAUSDTMlong+0.0100%8h0.01083long leg$267K$215K30x
Bitget ARPAUSDT+0.0100%8h0.01083+0.018%$486K$236K50xas long as short
BingX ARPA-USDT+0.0100%8h0.01083+0.046%$1.2Mas long as short
Variational Omni ARPA+0.0100%8h0.01083−0.005%$8K$107as long as short
BloFin ARPA-USDT+0.0111%8h0.01082−0.083%$137K$16K50xas long as short