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: MEXC against KuCoin−0.019%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$404as in the Funding arb table
Net, price: spread back to 7d avg − costs−$403as in the Price arb table
costs, in and out, $10k−$4094.087% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.045%+$5 on $10k
Price spread, last 4 days (all we have)−0.079%−$8 · spread now −0.019%, 7d avg −0.074%
Together, before fees−0.033%−$3 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: MEXC is 0.055% dearer against KuCoin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.074%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ARPAUSDTM0.010780.0100pay 0.0100% / 8h3h 29m$278K$203K30x
ShortMEXC ARPA_USDT0.010780.0100get 0.0100% / 8h3h 29m$270K$121K125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.019% → −0.074%
$5.52
Slippage, 4 orders
−$392.71
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$403.19
Costs to cover
4.087%
Break-even
never at this rate
Slippage from KuCoin: live order book, 42 min ago; MEXC: 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, 42 min ago10.70 bp190.0 bp −$190doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago2.32 bp10.5 bp −$1145.2 bp −$45266.2 bp −$6,616110.7 bp −$55.3K

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%8h0.01079+0.072%$4K$7K5xas long as short
Binance ARPAUSDT+0.0100%8h0.01078+0.019%$2.1M$1.5M50xas long as short
Bybit ARPAUSDT+0.0100%8h0.01078+0.019%$272K$189K25xas long as short
Gate ARPA_USDT+0.0100%8h0.01078−0.028%$67K$142K25xas long as short
MEXC ARPA_USDTshort+0.0100%8h0.01078−0.019%$270K$121K125x
KuCoin ARPAUSDTMlong+0.0100%8h0.01078long leg$278K$203K30x
Bitget ARPAUSDT+0.0100%8h0.010780.000%$481K$244K50xas long as short
BingX ARPA-USDT+0.0100%8h0.01078+0.009%$1.2Mas long as short
Variational Omni ARPA+0.0100%8h0.01078+0.001%$8K$107as long as short
BloFin ARPA-USDT+0.0114%8h0.01077−0.056%$137K$18K50xas long as short