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 MEXC−0.009%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$572as in the Funding arb table
Net, price: spread back to 7d avg − costs−$572as in the Price arb table
costs, in and out, $10k−$5695.693% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$3 on $10k
Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.009%, 7d avg +0.017%
Together, before fees−0.026%−$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: Gate is 0.026% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ARPA_USDT0.010740.0100pay 0.0100% / 8h4h 29m$272K$121K125x
ShortGate ARPA_USDT0.010740.0100get 0.0100% / 8h4h 29m$68K$130K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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% → +0.017%
−$2.58
Slippage, 4 orders
−$550.33
Fee MEXC: 2 bp × 2 orders
−$4
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$571.91
Costs to cover
5.693%
Break-even
never at this rate
Slippage from MEXC: live order book, 10 min ago; Gate: live order book, 21 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, 10 min ago3.74 bp11.7 bp −$1245.0 bp −$45065.0 bp −$6,498119.1 bp −$59.6K
Sell Gate live order book, 21 min ago6.53 bp320.5 bp −$321doesn'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%8h0.01074+0.024%$4K$7K5xas long as short
Binance ARPAUSDT+0.0100%8h0.01074+0.009%$2.1M$1.6M50xas long as short
Bybit ARPAUSDT+0.0100%8h0.010740.000%$271K$195K25xas long as short
Gate ARPA_USDTshort+0.0100%8h0.01074−0.009%$68K$130K25x
MEXC ARPA_USDTlong+0.0100%8h0.01074long leg$272K$121K125x
KuCoin ARPAUSDTM+0.0100%8h0.010740.000%$279K$206K30xas long as short
Bitget ARPAUSDT+0.0100%8h0.01073−0.102%$477K$258K50xas long as short
BingX ARPA-USDT+0.0100%8h0.010740.000%$1.2Mas long as short
Variational Omni ARPA+0.0100%8h0.01075+0.038%$8K$107as long as short
BloFin ARPA-USDT+0.0116%8h0.01073−0.112%$137K$21K50xas long as short