Funding you earn now, next payment 08:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.31 per $10,000 · paid last 24h +0.021%
Price spread now: Bitget against Binance−0.172%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$700.700% of the position
Funding, last 7 days+0.088%+$9 on $10k
+Price spread, last 7 days+0.129%+$13 · spread now −0.172%, 7d avg −0.060%
=Funding pays, the price is against you. Bitget is 0.112% cheaper against Binance than usual: you would sell low and buy high (spread −0.172% now, against its 7-day average of −0.060%). If the spread goes back, that is −$11 on $10k: about 12 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARUSDT | 4.5418 | 0.0069 | pay 0.0069% / 8h | 6h 10m | $9.1M | $52.7M | 75x |
| Short | Bitget ARUSDT | 4.5340 | 0.0100 | get 0.0100% / 8h | 6h 10m | $3.9M | $5.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6.6
- Price spread: −0.172% → −0.060%
- −$11.17
- Slippage, 4 orders
- −$47.97
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$74.54
- Costs to cover
- 0.700%
- Break-even
- 86.1 days
Slippage from Binance: live order book, 16 min ago; Bitget: 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, 16 min ago | 3.30 bp | 16.0 bp −$16 | 59.6 bp −$596 | 452.1 bp −$45.2K | doesn't fit |
| Sell Bitget live order book, 2 min ago | 3.30 bp | 16.8 bp −$17 | 44.0 bp −$440 | doesn't fit | doesn't fit |
AR on 16 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 | −0.1680% | 1h | 4.5597 | +0.394% | $56K | $149K | 20x | as long as short |
| Injective AR/USDC PERP | −0.0353% | 1h | 4.6110 | +1.523% | $2K | $2K | 5.5x | as long as short |
| GMX AR/USD [WBTC.b-USDC] | L −0.0141% / S +0.0551% | 1h | 4.5416 | −0.004% | $584K | — | 50x | as long as short |
| OKX AR-USDT-SWAP | −0.0107% | 8h | 4.5380 | −0.084% | $2.3M | $19.3M | 20x | as long as short |
| MEXC AR_USDT | +0.0067% | 8h | 4.5440 | +0.048% | $6.5M | $4.3M | 100x | as long as short |
| Binance ARUSDTlong | +0.0069% | 8h | 4.5418 | long leg | $9.1M | $52.7M | 75x | |
| Extended AR-USD | +0.0072% | 1h | 4.5419 | +0.001% | $37K | $240K | 10x | as long as short |
| Hyperliquid AR | +0.0100% | 1h | 4.5513 | +0.209% | $4.1M | $4.7M | 5x | as long as short |
| Aster ARUSDT | +0.0100% | 8h | 4.5469 | +0.113% | $19K | $500K | 10x | as long as short |
| Bybit ARUSDT | +0.0100% | 8h | 4.5380 | −0.084% | $4.7M | $8.5M | 75x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AR_USDT | +0.0100% | 8h | 4.5390 | −0.062% | $2.5M | $2.2M | 50x | as long as short |
| KuCoin ARUSDTM | +0.0100% | 8h | 4.5410 | −0.018% | $1.4M | $1.1M | 50x | as long as short |
| Bitget ARUSDTshort | +0.0100% | 8h | 4.5340 | −0.172% | $3.9M | $5.4M | 75x | |
| BingX AR-USDT | +0.0100% | 8h | 4.5400 | −0.040% | — | $2.8M | — | as long as short |
| Variational Omni AR | +0.0100% | 8h | 4.5387 | −0.068% | $237K | $261K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.5520 | +0.224% | $20K | $749K | 50x | as long as short |
Binance ARUSDT
Bitget ARUSDT
Kraken Futures PF_ARUSD
Injective AR/USDC PERP
GMX AR/USD [WBTC.b-USDC]
OKX AR-USDT-SWAP
MEXC AR_USDT
Extended AR-USD
Hyperliquid AR
Aster ARUSDT
Bybit ARUSDT
Gate AR_USDT
KuCoin ARUSDTM
BingX AR-USDT
Variational Omni AR
ApeX Omni ARUSDT