After costs, if the gap returns to its 7d average, $10k−$145
spread now+0.008%7d average−0.179%fees + slippage, in and out−$164spread needed1.637%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ARUSD | 4.4407 | −0.1701 | get 0.0213% / 1h | 22m 04s | $50K | $234K | 20x |
| Short | Bybit ARUSDT | 4.4411 | 0.0100 | get 0.0100% / 8h | 6h 22m | $4.6M | $11.8M | 75x |
Kraken Futures PF_ARUSD
Bybit 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
- $0.79
- Funding while held
- $54.04
- Slippage, 4 orders
- −$142.69
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$108.87
- Spread needed to break even
- 1.637%
Slippage from Kraken Futures: live order book, 17 min ago; Bybit: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.1801%
- Per $10,000 a day
- +$54.04
- 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, 17 min ago | 38.24 bp | 45.8 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 3.38 bp | 32.7 bp −$33 | 196.9 bp −$1,969 | doesn't fit | doesn't fit |
AR price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni4.4267cheapestApeX Omni4.4300+0.074%OKX4.4380+0.254%Bitget4.4380+0.254%Extended4.4404+0.308%
Variational Omni
ApeX Omni
OKX
Bitget
ExtendedKraken Futures4.4407+0.316%
Binance4.4410+0.322%Gate4.4410+0.322%MEXC4.4410+0.322%
Binance
Gate
MEXCBybit4.4411+0.324%
BingX4.4430+0.367%KuCoin4.4440+0.390%Hyperliquid4.4442+0.394%Aster4.4445+0.402%GMX4.4450+0.412%BloFin4.4480+0.480%Injective4.5720+3.281%
BingX
KuCoin
Hyperliquid
Aster
GMX
BloFin
InjectiveAR on 17 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni AR | −0.315% | +0.0061% | 8h | $129K | $177K | — | as long as short |
| ApeX Omni ARUSDT | −0.242% | +0.0100% | 1h | $57K | $754K | 50x | as long as short |
| OKX AR-USDT-SWAP | −0.062% | +0.0100% | 8h | $2.2M | $29.5M | 20x | as long as short |
| Bitget ARUSDT | −0.062% | +0.0100% | 8h | $3.9M | $8.7M | 75x | as long as short |
| Extended AR-USD | −0.009% | +0.0080% | 1h | $36K | $237K | 10x | as long as short |
| Kraken Futures PF_ARUSDlong | 0.000% | −0.1701% | 1h | $50K | $234K | 20x | |
| Binance ARUSDT | +0.006% | +0.0077% | 8h | $8.8M | $78.2M | 75x | as long as short |
| Gate AR_USDT | +0.006% | +0.0100% | 8h | $2.5M | $3.9M | 50x | as long as short |
| MEXC AR_USDT | +0.006% | +0.0076% | 8h | $6.2M | $8.1M | 100x | as long as short |
| Bybit ARUSDTshort | +0.008% | +0.0100% | 8h | $4.6M | $11.8M | 75x |
Show all 17 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX AR-USDT | +0.051% | +0.0100% | 8h | — | $3.0M | — | as long as short |
| KuCoin ARUSDTM | +0.073% | +0.0100% | 8h | $1.4M | $1.7M | 50x | as long as short |
| Hyperliquid AR | +0.078% | +0.0100% | 1h | $3.6M | $6.1M | 5x | as long as short |
| Aster ARUSDT | +0.085% | +0.0100% | 8h | $34K | $940K | 10x | as long as short |
| GMX AR/USD [WBTC.b-USDC] | +0.096% | L −0.0141% / S +0.0552% | 1h | $572K | — | 50x | as long as short |
| BloFin AR-USDT | +0.163% | +0.0197% | 8h | $436K | $858K | 20x | as long as short |
| Injective AR/USDC PERP | +2.956% | +0.0576% | 1h | $3K | $500 | 5.5x | as long as short |