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 MEXC−0.055%7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$223as in the Price arb table
costs, in and out, $10k−$2122.116% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.045%+$5 · spread now −0.055%, 7d avg +0.056%
Together, before fees+0.048%+$5 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 0.112% cheaper against MEXC than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ARPA_USDT0.010820.0100pay 0.0100% / 8h23m 38s$263K$123K125x
ShortBybit ARPAUSDT0.010810.0100get 0.0100% / 8h23m 38s$272K$183K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.055% → +0.056%
−$11.19
Slippage, 4 orders
−$196.57
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$222.75
Costs to cover
2.116%
Break-even
never at this rate
Slippage from MEXC: live order book, 61 min ago; Bybit: live order book, 61 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, 61 min ago3.70 bp11.7 bp −$1248.8 bp −$48865.0 bp −$6,497101.2 bp −$50.6K
Sell Bybit live order book, 61 min ago6.94 bp94.8 bp −$95doesn'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%8h0.01081−0.055%$4K$5K5xas long as short
Binance ARPAUSDT+0.0100%8h0.01081−0.129%$2.1M$1.5M50xas long as short
Bybit ARPAUSDTshort+0.0100%8h0.01081−0.055%$272K$183K25x
Gate ARPA_USDT+0.0100%8h0.010820.000%$68K$142K25xas long as short
MEXC ARPA_USDTlong+0.0100%8h0.01082long leg$263K$123K125x
KuCoin ARPAUSDTM+0.0100%8h0.01081−0.129%$269K$218K30xas long as short
Bitget ARPAUSDT+0.0100%8h0.010820.000%$486K$229K50xas long as short
BingX ARPA-USDT+0.0100%8h0.01082+0.028%$1.3Mas long as short
Variational Omni ARPA+0.0100%8h0.01082−0.032%$8K$107as long as short
BloFin ARPA-USDT+0.0124%8h0.010820.000%$137K$16K50xas long as short