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 MEXC+0.009%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$840.844% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.009%, 7d avg +0.028%
Together, before fees+0.012%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ARPA_USDT0.010740.0100pay 0.0100% / 8h4h 27m$271K$121K125x
ShortBingX ARPA-USDT0.010740.0100get 0.0100% / 8h4h 27m$1.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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% → +0.028%
−$1.84
Slippage, 4 orders
−$70.43
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$86.27
Costs to cover
0.844%
Break-even
never at this rate
Slippage from MEXC: live order book, 12 min ago; BingX: live order book, 2 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 MEXC live order book, 12 min ago3.74 bp11.7 bp −$1245.0 bp −$45065.0 bp −$6,498119.1 bp −$59.6K
Sell BingX live order book, 2 min ago6.98 bp31.2 bp −$31113.5 bp −$1,135461.1 bp −$46.1K497.2 bp −$248.6K

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%8h0.01074+0.015%$4K$7K5xas long as short
Binance ARPAUSDT+0.0100%8h0.010740.000%$2.1M$1.6M50xas long as short
Bybit ARPAUSDT+0.0100%8h0.01074+0.056%$271K$195K25xas long as short
Gate ARPA_USDT+0.0100%8h0.01074+0.056%$68K$130K25xas long as short
MEXC ARPA_USDTlong+0.0100%8h0.01074long leg$271K$121K125x
KuCoin ARPAUSDTM+0.0100%8h0.01073−0.019%$278K$206K30xas long as short
Bitget ARPAUSDT+0.0100%8h0.01074+0.037%$477K$258K50xas long as short
BingX ARPA-USDTshort+0.0100%8h0.01074+0.009%$1.2M
Variational Omni ARPA+0.0100%8h0.01075+0.085%$8K$107as long as short
BloFin ARPA-USDT+0.0118%8h0.01074+0.047%$137K$21K50xas long as short