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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARUSDT | 4.3402 | 0.0100 | pay 0.0100% / 8h | 5h 54m | $8.5M | $40.4M | 75x |
| Short | BloFin AR-USDT | 4.3380 | 0.0220 | get 0.0220% / 8h | 5h 54m | $417K | $369K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 11 min ago | 2.31 bp | 15.3 bp −$15 | 63.5 bp −$635 | 504.6 bp −$50.5K | doesn't fit |
| Sell BloFin live order book, 54 min ago | 1.16 bp | 20.0 bp −$20 | 45.9 bp −$459 | doesn't fit | doesn't fit |
AR on 17 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX AR/USD [WBTC.b-USDC] | L −0.0140% / S +0.0550% | 1h | 4.3443 | +0.096% | $558K | — | 50x | as long as short |
| Injective AR/USDC PERP | +0.0033% | 1h | 4.4240 | +1.931% | $2K | $5K | 5.5x | as long as short |
| Hyperliquid AR | +0.0100% | 1h | 4.3491 | +0.205% | $3.9M | $3.8M | 5x | as long as short |
| Aster ARUSDT | +0.0100% | 8h | 4.3440 | +0.088% | $31K | $186K | 10x | as long as short |
| Binance ARUSDTlong | +0.0100% | 8h | 4.3402 | long leg | $8.5M | $40.4M | 75x | |
| Bybit ARUSDT | +0.0100% | 8h | 4.3420 | +0.042% | $4.4M | $7.6M | 75x | as long as short |
| OKX AR-USDT-SWAP | +0.0100% | 8h | 4.3400 | −0.004% | $2.3M | $12.5M | 20x | as long as short |
| Gate AR_USDT | +0.0100% | 8h | 4.3410 | +0.019% | $2.3M | $3.6M | 50x | as long as short |
| MEXC AR_USDT | +0.0100% | 8h | 4.3420 | +0.042% | $6.4M | $3.4M | 100x | as long as short |
| KuCoin ARUSDTM | +0.0100% | 8h | 4.3420 | +0.042% | $1.1M | $1.1M | 50x | as long as short |
Show all 17 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARUSDT | +0.0100% | 8h | 4.3400 | −0.004% | $3.8M | $4.5M | 75x | as long as short |
| BingX AR-USDT | +0.0100% | 8h | 4.3440 | +0.088% | — | $2.7M | — | as long as short |
| Variational Omni AR | +0.0100% | 8h | 4.3394 | −0.018% | $246K | $509K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.3290 | −0.258% | $21K | $700K | 50x | as long as short |
| Extended AR-USD | +0.0104% | 1h | 4.3393 | −0.021% | $36K | $243K | 10x | as long as short |
| BloFin AR-USDTshort | +0.0220% | 8h | 4.3380 | −0.050% | $417K | $369K | 20x | |
| Kraken Futures PF_ARUSD | +0.0787% | 1h | 4.3521 | +0.275% | $47K | $154K | 20x | as long as short |
Binance ARUSDT
BloFin AR-USDT
GMX AR/USD [WBTC.b-USDC]
Injective AR/USDC PERP
Hyperliquid AR
Aster ARUSDT
Bybit ARUSDT
OKX AR-USDT-SWAP
Gate AR_USDT
MEXC AR_USDT
KuCoin ARUSDTM
Bitget ARUSDT
BingX AR-USDT
Variational Omni AR
ApeX Omni ARUSDT
Extended AR-USD
Kraken Futures PF_ARUSD