AR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0046%/8h= −5.1% APRnext payment −$0.46 per $10,000 · paid last 24h −0.007%

Price spread now: Gate against BloFin+0.087%7-day average +0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$183as in the Funding arb table

Net, price: spread back to 7d avg − costs−$162as in the Price arb table

costs, in and out, $10k−$1701.704% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.128%−$13 on $10k

Price spread, last 3 days (all we have)−0.324%−$32 · spread now +0.087%, 7d avg +0.005%

Together, before fees−0.452%−$45 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.082% dearer against BloFin than usual: you sell high and buy low (spread +0.087% now, against its 7-day average of +0.005%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin AR-USDT	4.5860	0.0146	pay 0.0146% / 8h	33m 15s	$435K	$675K	20x
Short	Gate AR_USDT	4.5900	0.0100	get 0.0100% / 8h	33m 15s	$2.6M	$2.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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 BloFinbpFee GatebpOrdersPrice spread, now +0.087%Rate

Funding earned: −$9.76
Price spread: +0.087% → +0.005%: $8.2
Slippage, 4 orders: −$143.42
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$171.98
Costs to cover: 1.704%
Break-even: never at this rate

Slippage from BloFin: live order book, 43 min ago; Gate: live order book, 5 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 BloFin live order book, 43 min ago	6.57 bp	15.1 bp −$15	36.8 bp −$368	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	4.36 bp	73.3 bp −$73	253.4 bp −$2,534	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	−0.1963%	1h	4.5855	−0.011%	$52K	$163K	20x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0140% / S +0.0551%	1h	4.5928	+0.148%	$590K	—	50x	as long as short
OKX AR-USDT-SWAP	−0.0012%	8h	4.5850	−0.022%	$2.4M	$20.9M	20x	as long as short
Injective AR/USDC PERP	+0.0033%	1h	4.5720	−0.305%	$3K	$339	5.5x	as long as short
Binance ARUSDT	+0.0037%	8h	4.5886	+0.057%	$9.1M	$55.6M	75x	as long as short
MEXC AR_USDT	+0.0037%	8h	4.5890	+0.065%	$6.8M	$4.4M	100x	as long as short
Extended AR-USD	+0.0040%	1h	4.5881	+0.045%	$37K	$237K	10x	as long as short
Hyperliquid AR	+0.0100%	1h	4.5971	+0.242%	$4.1M	$4.9M	5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.5865	+0.010%	$20K	$611K	10x	as long as short
Bybit ARUSDT	+0.0100%	8h	4.5861	+0.002%	$4.6M	$8.9M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate AR_USDTshort	+0.0100%	8h	4.5900	+0.087%	$2.6M	$2.3M	50x
KuCoin ARUSDTM	+0.0100%	8h	4.5900	+0.087%	$1.4M	$1.2M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.5850	−0.022%	$3.9M	$5.6M	75x	as long as short
BingX AR-USDT	+0.0100%	8h	4.5870	+0.022%	—	$2.9M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.5810	−0.110%	$139K	$172K	—	as long as short
ApeX Omni ARUSDT	+0.0100%	1h	4.5870	+0.022%	$58K	$746K	50x	as long as short
BloFin AR-USDTlong	+0.0146%	8h	4.5860	long leg	$435K	$675K	20x