AR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0049%/8h= +5.3% APRnext payment +$0.49 per $10,000 · paid last 24h +0.021%

Price spread now: Bybit against Binance−0.085%7-day average −0.083% · you buy dearer than you sell

Net, funding: paid 7d − costs−$114as in the Funding arb table

Net, price: spread back to 7d avg − costs−$108as in the Price arb table

costs, in and out, $10k−$1081.077% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.060%−$6 on $10k

Price spread, last 7 days+0.062%+$6 · spread now −0.085%, 7d avg −0.083%

Together, before fees+0.002%$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.083%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.060%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ARUSDT	4.6114	0.0051	pay 0.0051% / 8h	50m 43s	$9.1M	$55.8M	75x
Short	Bybit ARUSDT	4.6075	0.0100	get 0.0100% / 8h	50m 43s	$4.7M	$8.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee BinancebpFee BybitbpOrdersPrice spread, now −0.085%Rate

Funding earned: $10.21
Price spread: −0.085% → −0.083%: −$0.22
Slippage, 4 orders: −$86.67
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$97.68
Costs to cover: 1.077%
Break-even: 73.9 days

Slippage from Binance: live order book, 7 min ago; Bybit: live order book, 2 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, 7 min ago	1.09 bp	13.5 bp −$13	47.3 bp −$473	397.3 bp −$39.7K	doesn't fit
Sell Bybit live order book, 2 min ago	1.09 bp	36.0 bp −$36	145.5 bp −$1,455	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	−0.1954%	1h	4.6054	−0.131%	$52K	$163K	20x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0140% / S +0.0551%	1h	4.6095	−0.042%	$592K	—	50x	as long as short
OKX AR-USDT-SWAP	+0.0007%	8h	4.6080	−0.074%	$2.4M	$21.0M	20x	as long as short
Injective AR/USDC PERP	+0.0033%	1h	4.5720	−0.855%	$3K	$339	5.5x	as long as short
Extended AR-USD	+0.0048%	1h	4.6085	−0.063%	$37K	$237K	10x	as long as short
ApeX Omni ARUSDT	+0.0049%	1h	4.5810	−0.660%	$58K	$747K	50x	as long as short
MEXC AR_USDT	+0.0051%	8h	4.6110	−0.009%	$6.8M	$4.4M	100x	as long as short
Binance ARUSDTlong	+0.0051%	8h	4.6114	long leg	$9.1M	$55.8M	75x
Hyperliquid AR	+0.0100%	1h	4.6235	+0.262%	$4.1M	$4.9M	5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.6081	−0.072%	$20K	$611K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ARUSDTshort	+0.0100%	8h	4.6075	−0.085%	$4.7M	$8.9M	75x
Gate AR_USDT	+0.0100%	8h	4.6110	−0.009%	$2.6M	$2.3M	50x	as long as short
KuCoin ARUSDTM	+0.0100%	8h	4.6100	−0.031%	$1.4M	$1.2M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.6080	−0.074%	$3.9M	$5.6M	75x	as long as short
BingX AR-USDT	+0.0100%	8h	4.6080	−0.074%	—	$2.9M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.5934	−0.391%	$139K	$173K	—	as long as short
BloFin AR-USDT	+0.0171%	8h	4.6100	−0.031%	$432K	$679K	20x	as long as short