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 +0.015%
Price spread now: BloFin against Gate+0.046%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1431.433% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.129%+$13 on $10k
Price spread, last 4 days (all we have)+0.210%+$21 · spread now +0.046%, 7d avg −0.011%
Together, before fees+0.340%+$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.058% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate AR_USDT4.31100.0100pay 0.0100% / 8h7h 49m$2.0M$3.0M50x
ShortBloFin AR-USDT4.31300.0220get 0.0220% / 8h7h 49m$417K$447K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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: +0.046% → −0.011%
$5.76
Slippage, 4 orders
−$116.34
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$112.39
Costs to cover
1.433%
Break-even
38.2 days
Slippage from Gate: live order book, 4 min ago; BloFin: live order book, 27 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 Gate live order book, 4 min ago5.82 bp52.2 bp −$52422.6 bp −$4,226doesn't fitdoesn't fit
Sell BloFin live order book, 27 min ago3.50 bp22.2 bp −$2244.9 bp −$449doesn't fitdoesn't fit

AR on 17 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−0.1003%1h4.3047−0.147%$53K$135K20xas long as short
GMX AR/USD [WBTC.b-USDC]L −0.0140% / S +0.0550%1h4.3157+0.109%$553K50xas long as short
Injective AR/USDC PERP+0.0033%1h4.4240+2.621%$2K$5K5.5xas long as short
Hyperliquid AR+0.0100%1h4.3210+0.232%$3.9M$4.5M5xas long as short
Aster ARUSDT+0.0100%8h4.3216+0.245%$32K$255K10xas long as short
Binance ARUSDT+0.0100%8h4.3228+0.274%$8.6M$44.9M75xas long as short
Bybit ARUSDT+0.0100%8h4.3240+0.302%$4.5M$8.3M75xas long as short
OKX AR-USDT-SWAP+0.0100%8h4.3200+0.209%$2.3M$14.6M20xas long as short
Gate AR_USDTlong+0.0100%8h4.3110long leg$2.0M$3.0M50x
MEXC AR_USDT+0.0100%8h4.3160+0.116%$6.1M$3.7M100xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ARUSDTM+0.0100%8h4.3140+0.070%$1.1M$1.2M50xas long as short
Bitget ARUSDT+0.0100%8h4.3120+0.023%$3.7M$4.9M75xas long as short
BingX AR-USDT+0.0100%8h4.3200+0.209%$2.7Mas long as short
Variational Omni AR+0.0100%8h4.3108−0.005%$246K$513Kas long as short
ApeX Omni ARUSDT+0.0100%1h4.2930−0.418%$20K$707K50xas long as short
Extended AR-USD+0.0104%1h4.3140+0.069%$36K$244K10xas long as short
BloFin AR-USDTshort+0.0220%8h4.3130+0.046%$417K$447K20x