After costs, if the gap returns to its 7d average, $10k−$115
spread now+0.010%7d average−0.103%fees + slippage, in and out−$126spread needed1.259%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ARUSD | 4.4856 | −0.1743 | get 0.0218% / 1h | 12m 58s | $51K | $258K | 20x |
| Short | Binance ARUSDT | 4.4860 | 0.0073 | get 0.0073% / 8h | 7h 12m | $9.0M | $89.9M | 75x |
Kraken Futures PF_ARUSD
Binance ARUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $1
- Funding while held
- $54.48
- Slippage, 4 orders
- −$105.94
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$70.46
- Spread needed to break even
- 1.259%
Slippage from Kraken Futures: live order book, 31 min ago; Binance: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.1816%
- Per $10,000 a day
- +$54.48
- Average in range /8h
- —
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 Kraken Futures live order book, 31 min ago | 40.35 bp | 49.3 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 1.11 bp | 13.5 bp −$14 | 42.9 bp −$429 | 262.4 bp −$26.2K | doesn't fit |
AR price on every exchange
against the cheapest. Click to use as the short leg.Bitget4.4810cheapestBybit4.4820+0.022%OKX4.4830+0.045%Gate4.4830+0.045%BingX4.4850+0.089%Extended4.4853+0.097%
Bitget
Bybit
OKX
Gate
BingX
ExtendedKraken Futures4.4856+0.102%
Binance4.4860+0.112%
KuCoin4.4860+0.112%MEXC4.4870+0.134%BloFin4.4870+0.134%Aster4.4873+0.141%GMX4.4894+0.187%Hyperliquid4.4898+0.196%ApeX Omni4.5050+0.536%Variational Omni4.5067+0.575%Injective4.5720+2.031%
KuCoin
MEXC
BloFin
Aster
GMX
Hyperliquid
ApeX Omni
Variational Omni
InjectiveAR on 17 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget ARUSDT | −0.102% | +0.0100% | 8h | $3.9M | $10.9M | 75x | as long as short |
| Bybit ARUSDT | −0.079% | +0.0100% | 8h | $4.6M | $13.3M | 75x | as long as short |
| OKX AR-USDT-SWAP | −0.057% | +0.0060% | 8h | $2.3M | $35.9M | 20x | as long as short |
| Gate AR_USDT | −0.057% | +0.0086% | 8h | $2.5M | $5.2M | 50x | as long as short |
| BingX AR-USDT | −0.012% | +0.0100% | 8h | — | $3.0M | — | as long as short |
| Extended AR-USD | −0.005% | +0.0072% | 1h | $36K | $237K | 10x | as long as short |
| Kraken Futures PF_ARUSDlong | 0.000% | −0.1743% | 1h | $51K | $258K | 20x | |
| Binance ARUSDTshort | +0.010% | +0.0073% | 8h | $9.0M | $89.9M | 75x | |
| KuCoin ARUSDTM | +0.010% | +0.0100% | 8h | $1.4M | $1.9M | 50x | as long as short |
| MEXC AR_USDT | +0.032% | +0.0073% | 8h | $6.2M | $8.1M | 100x | as long as short |
Show all 17 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin AR-USDT | +0.032% | +0.0193% | 8h | $444K | $976K | 20x | as long as short |
| Aster ARUSDT | +0.039% | +0.0100% | 8h | $35K | $1.1M | 10x | as long as short |
| GMX AR/USD [WBTC.b-USDC] | +0.085% | L −0.0145% / S +0.0551% | 1h | $568K | — | 50x | as long as short |
| Hyperliquid AR | +0.095% | +0.0100% | 1h | $3.8M | $7.1M | 5x | as long as short |
| ApeX Omni ARUSDT | +0.434% | +0.0013% | 1h | $43K | $747K | 50x | as long as short |
| Variational Omni AR | +0.473% | +0.0026% | 8h | $131K | $181K | — | as long as short |
| Injective AR/USDC PERP | +1.927% | +0.0033% | 1h | $3K | $1K | 5.5x | as long as short |