AR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.64 per $10,000 · paid last 24h −0.024%

Price spread now: BloFin against Bitget+0.022%45s7-day average +0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$810.813% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.038%+$4 on $10k

Price spread, last 3 days (all we have)+0.220%+$22 · spread now +0.022%, 7d avg +0.033%

Together, before fees+0.258%+$26 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.033%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ARUSDT	4.5820	0.0100	pay 0.0100% / 8h	42m 26s	$3.9M	$5.6M	75x
Short	BloFin AR-USDT	4.5830	0.0164	get 0.0164% / 8h	42m 26s	$434K	$675K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee BloFinbpOrdersPrice spread, now +0.022%Rate

Funding earned: $13.48
Price spread: +0.022% → +0.033%: −$1.12
Slippage, 4 orders: −$57.31
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$68.96
Costs to cover: 0.813%
Break-even: 42.8 days

Slippage from Bitget: live order book, 6 min ago; BloFin: live order book, 34 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 Bitget live order book, 6 min ago	3.28 bp	25.1 bp −$25	78.8 bp −$788	doesn't fit	doesn't fit
Sell BloFin live order book, 34 min ago	6.57 bp	15.1 bp −$15	41.6 bp −$416	doesn't fit	doesn't fit

AR on 17 venues

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
Kraken Futures PF_ARUSD	−0.1963%	1h	4.5849	+0.064%	$52K	$163K	20x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0140% / S +0.0551%	1h	4.5877	+0.125%	$590K	—	50x	as long as short
OKX AR-USDT-SWAP	0.0000%	8h	4.5800	−0.044%	$2.4M	$20.9M	20x	as long as short
Injective AR/USDC PERP	+0.0033%	1h	4.5720	−0.218%	$3K	$339	5.5x	as long as short
Binance ARUSDT	+0.0044%	8h	4.5853	+0.071%	$9.1M	$55.7M	75x	as long as short
MEXC AR_USDT	+0.0044%	8h	4.5850	+0.065%	$6.7M	$4.4M	100x	as long as short
Extended AR-USD	+0.0048%	1h	4.5854	+0.074%	$37K	$237K	10x	as long as short
Hyperliquid AR	+0.0100%	1h	4.5919	+0.216%	$4.1M	$4.9M	5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.5837	+0.036%	$20K	$611K	10x	as long as short
Bybit ARUSDT	+0.0100%	8h	4.5842	+0.048%	$4.6M	$8.9M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate AR_USDT	+0.0100%	8h	4.5870	+0.109%	$2.6M	$2.3M	50x	as long as short
KuCoin ARUSDTM	+0.0100%	8h	4.5850	+0.065%	$1.4M	$1.2M	50x	as long as short
Bitget ARUSDTlong	+0.0100%	8h	4.5820	long leg	$3.9M	$5.6M	75x
BingX AR-USDT	+0.0100%	8h	4.5830	+0.022%	—	$2.9M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.5774	−0.100%	$139K	$172K	—	as long as short
ApeX Omni ARUSDT	+0.0100%	1h	4.5760	−0.131%	$58K	$747K	50x	as long as short
BloFin AR-USDTshort	+0.0164%	8h	4.5830	+0.022%	$434K	$675K	20x