AR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.007%

Price spread now: BloFin against Gate−0.111%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$176as in the Funding arb table

Net, price: spread back to 7d avg − costs−$199as in the Price arb table

costs, in and out, $10k−$1891.887% of the position

Long on Gate Short on BloFin

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)+0.422%+$42 · spread now −0.111%, 7d avg −0.007%

Together, before fees+0.550%+$55 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.105% cheaper against Gate than usual: you would sell low and buy high (spread −0.111% now, against its 7-day average of −0.007%). If the spread goes back, that is −$10 on $10k: about 2.9 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AR_USDT	4.4870	0.0100	pay 0.0100% / 8h	1h 54m	$2.5M	$2.3M	50x
Short	BloFin AR-USDT	4.4820	0.0220	get 0.0220% / 8h	1h 54m	$416K	$667K	20x

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

Position, each leg$Hold fordaysFee GatebpFee BloFinbpOrdersPrice spread, now −0.111%Rate

Funding earned: $25.2
Price spread: −0.111% → −0.007%: −$10.48
Slippage, 4 orders: −$161.66
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$173.94
Costs to cover: 1.887%
Break-even: 55.3 days

Slippage from Gate: live order book, 3 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 3 min ago	4.49 bp	71.5 bp −$72	388.4 bp −$3,884	doesn't fit	doesn't fit
Sell BloFin live order book, 27 min ago	2.23 bp	14.2 bp −$14	36.8 bp −$368	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	−0.1927%	1h	4.4889	+0.042%	$46K	$154K	20x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0140% / S +0.0551%	1h	4.4903	+0.074%	$577K	—	50x	as long as short
Injective AR/USDC PERP	+0.0033%	1h	4.5720	+1.894%	$3K	$339	5.5x	as long as short
Hyperliquid AR	+0.0100%	1h	4.4955	+0.189%	$3.8M	$4.8M	5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.4874	+0.010%	$20K	$621K	10x	as long as short
Binance ARUSDT	+0.0100%	8h	4.4960	+0.201%	$8.8M	$55.7M	75x	as long as short
Bybit ARUSDT	+0.0100%	8h	4.4880	+0.022%	$4.6M	$8.9M	75x	as long as short
OKX AR-USDT-SWAP	+0.0100%	8h	4.4850	−0.045%	$2.2M	$20.6M	20x	as long as short
Gate AR_USDTlong	+0.0100%	8h	4.4870	long leg	$2.5M	$2.3M	50x
MEXC AR_USDT	+0.0100%	8h	4.4880	+0.022%	$6.8M	$4.5M	100x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ARUSDTM	+0.0100%	8h	4.4900	+0.067%	$1.4M	$1.1M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.4850	−0.045%	$3.8M	$5.6M	75x	as long as short
BingX AR-USDT	+0.0100%	8h	4.4870	0.000%	—	$2.9M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.4736	−0.298%	$135K	$174K	—	as long as short
ApeX Omni ARUSDT	+0.0100%	1h	4.4540	−0.735%	$56K	$748K	50x	as long as short
Extended AR-USD	+0.0104%	1h	4.4879	+0.019%	$36K	$237K	10x	as long as short
BloFin AR-USDTshort	+0.0220%	8h	4.4820	−0.111%	$416K	$667K	20x