Settings8H · net · $10k
Funding arb · Price arb /

AR

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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.027%
Price spread now: BloFin against Binance−0.050%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$700.700% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.119%+$12 on $10k
Price spread, last 4 days (all we have)+0.211%+$21 · spread now −0.050%, 7d avg −0.041%
Together, before fees+0.330%+$33 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.041%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ARUSDT4.34020.0100pay 0.0100% / 8h5h 54m$8.5M$40.4M75x
ShortBloFin AR-USDT4.33800.0220get 0.0220% / 8h5h 54m$417K$369K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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
$25.2
Price spread: −0.050% → −0.041%
−$0.96
Slippage, 4 orders
−$47.96
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$45.71
Costs to cover
0.700%
Break-even
19.7 days
Slippage from Binance: live order book, 11 min ago; BloFin: live order book, 54 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 Binance live order book, 11 min ago2.31 bp15.3 bp −$1563.5 bp −$635504.6 bp −$50.5Kdoesn't fit
Sell BloFin live order book, 54 min ago1.16 bp20.0 bp −$2045.9 bp −$459doesn't fitdoesn't fit

AR on 17 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX AR/USD [WBTC.b-USDC]L −0.0140% / S +0.0550%1h4.3443+0.096%$558K50xas long as short
Injective AR/USDC PERP+0.0033%1h4.4240+1.931%$2K$5K5.5xas long as short
Hyperliquid AR+0.0100%1h4.3491+0.205%$3.9M$3.8M5xas long as short
Aster ARUSDT+0.0100%8h4.3440+0.088%$31K$186K10xas long as short
Binance ARUSDTlong+0.0100%8h4.3402long leg$8.5M$40.4M75x
Bybit ARUSDT+0.0100%8h4.3420+0.042%$4.4M$7.6M75xas long as short
OKX AR-USDT-SWAP+0.0100%8h4.3400−0.004%$2.3M$12.5M20xas long as short
Gate AR_USDT+0.0100%8h4.3410+0.019%$2.3M$3.6M50xas long as short
MEXC AR_USDT+0.0100%8h4.3420+0.042%$6.4M$3.4M100xas long as short
KuCoin ARUSDTM+0.0100%8h4.3420+0.042%$1.1M$1.1M50xas long as short
Show all 17 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ARUSDT+0.0100%8h4.3400−0.004%$3.8M$4.5M75xas long as short
BingX AR-USDT+0.0100%8h4.3440+0.088%$2.7Mas long as short
Variational Omni AR+0.0100%8h4.3394−0.018%$246K$509Kas long as short
ApeX Omni ARUSDT+0.0100%1h4.3290−0.258%$21K$700K50xas long as short
Extended AR-USD+0.0104%1h4.3393−0.021%$36K$243K10xas long as short
BloFin AR-USDTshort+0.0220%8h4.3380−0.050%$417K$369K20x
Kraken Futures PF_ARUSD+0.0787%1h4.3521+0.275%$47K$154K20xas long as short