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

AR

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h +0.002%
Price spread now: Extended against Binance−0.014%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$910.914% 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)+0.031%+$3 · spread now −0.014%, 7d avg −0.005%
Together, before fees+0.043%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ARUSDT4.55400.0082pay 0.0082% / 8h6h 01m$9.1M$52.3M75x
ShortExtended AR-USD4.55340.0080get 0.0010% / 1h1m 28s$37K$240K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$0.33
Price spread: −0.014% → −0.005%
−$0.93
Slippage, 4 orders
−$76.37
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$92.63
Costs to cover
0.914%
Break-even
never at this rate
Slippage from Binance: live order book, 11 min ago; Extended: live order book, 65 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 ago2.20 bp18.8 bp −$1956.0 bp −$560462.2 bp −$46.2Kdoesn't fit
Sell Extended live order book, 65 min ago6.96 bp27.8 bp −$28259.0 bp −$2,590doesn't fitdoesn't fit

AR on 16 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
Kraken Futures PF_ARUSD−0.1677%1h4.5694+0.339%$56K$149K20xas long as short
Injective AR/USDC PERP−0.0353%1h4.6110+1.252%$2K$2K5.5xas long as short
GMX AR/USD [WBTC.b-USDC]L −0.0141% / S +0.0551%1h4.5441−0.217%$584K50xas long as short
OKX AR-USDT-SWAP−0.0097%8h4.5470−0.154%$2.3M$19.2M20xas long as short
MEXC AR_USDT+0.0079%8h4.5530−0.022%$6.5M$4.3M100xas long as short
Extended AR-USDshort+0.0080%1h4.5534−0.014%$37K$240K10x
Binance ARUSDTlong+0.0082%8h4.5540long leg$9.1M$52.3M75x
Hyperliquid AR+0.0100%1h4.5593+0.116%$4.1M$4.6M5xas long as short
Aster ARUSDT+0.0100%8h4.5571+0.068%$19K$500K10xas long as short
Bybit ARUSDT+0.0100%8h4.5522−0.040%$4.7M$8.5M75xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate AR_USDT+0.0100%8h4.5520−0.044%$2.5M$2.2M50xas long as short
KuCoin ARUSDTM+0.0100%8h4.5490−0.110%$1.2M$1.2M50xas long as short
Bitget ARUSDT+0.0100%8h4.5470−0.154%$3.9M$5.4M75xas long as short
BingX AR-USDT+0.0100%8h4.55400.000%$2.8Mas long as short
Variational Omni AR+0.0100%8h4.5342−0.435%$235K$261Kas long as short
ApeX Omni ARUSDT+0.0100%1h4.5410−0.285%$20K$749K50xas long as short