Funding you earn now, next payment 08:00 UTC+0.0070%/8h= +7.6% APRnext payment +$0.70 per $10,000 · paid last 24h +0.015%
Price spread now: Bitget against Binance−0.068%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$450.449% of the position
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 7 days+0.080%+$8 · spread now −0.068%, 7d avg −0.027%
=Funding pays, the price is against you. Bitget is 0.041% cheaper against Binance than usual: you would sell low and buy high (spread −0.068% now, against its 7-day average of −0.027%). If the spread goes back, that is −$4 on $10k: about 47 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.043% in total) that is about 6.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARBUSDT | 0.2252 | −0.0014 | get 0.0014% / 8h | 7h 44m | $66.3M | $311.7M | 75x |
| Short | Bitget ARBUSDT | 0.2250 | 0.0056 | get 0.0056% / 8h | 7h 44m | $21.5M | $36.0M | 50x |
Binance ARBUSDT
Bitget ARBUSDTFunding 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
- $14.63
- Price spread: −0.068% → −0.027%
- −$4.06
- Slippage, 4 orders
- −$22.92
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$34.36
- Costs to cover
- 0.449%
- Break-even
- 23.4 days
Slippage from Binance: live order book, 14 min ago; Bitget: live order book, 4 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, 14 min ago | 0.44 bp | 9.4 bp −$9 | 24.7 bp −$247 | 76.7 bp −$7,666 | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.23 bp | 16.5 bp −$17 | 27.9 bp −$279 | 132.4 bp −$13.2K | doesn't fit |
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1666% | 1h | 0.2232 | −0.867% | $40K | $372K | 12x | as long as short |
| Bybit ARBUSDT | −0.0255% | 8h | 0.2248 | −0.143% | $58.1M | $127.1M | 50x | as long as short |
| Variational Omni ARB | −0.0214% | 8h | 0.2239 | −0.552% | $1.9M | $2.8M | — | as long as short |
| 01 Exchange ARBUSD | −0.0144% | 1h | 0.2249 | −0.121% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0138% | 1h | 0.2253 | +0.068% | $1.1M | $4.9M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0118% | 8h | 0.2249 | −0.126% | $22.6M | $157.3M | 50x | as long as short |
| MEXC ARB_USDT | −0.0116% | 8h | 0.2249 | −0.121% | $38.3M | $58.9M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0044% | 8h | 0.2250 | −0.068% | $12K | $385K | 10x | as long as short |
| Extended ARB-USD | −0.0016% | 1h | 0.2248 | −0.142% | $357K | $2.7M | 25x | as long as short |
| Binance ARBUSDTlong | −0.0014% | 8h | 0.2252 | long leg | $66.3M | $311.7M | 75x |
Injective ARB/USDC PERP
Bybit ARBUSDT
Variational Omni ARB
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDC
Extended ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ARB-USD | −0.0003% | 1h | 0.2252 | +0.017% | $4K | $2.6M | 5x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2252 | +0.012% | $67K | $4K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2251 | −0.037% | $25K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2251 | −0.042% | $55K | — | 150x | as long as short |
| Phemex ARBUSDT | +0.0009% | 8h | 0.2251 | −0.023% | $5.1M | $13.0M | 50x | as long as short |
| Gate ARB_USDT | +0.0049% | 8h | 0.2250 | −0.059% | $5.4M | $19.7M | 60x | as long as short |
| BingX ARB-USDC | +0.0049% | 8h | 0.2249 | −0.099% | — | $6.5M | — | as long as short |
| Bitget ARBUSDTshort | +0.0056% | 8h | 0.2250 | −0.068% | $21.5M | $36.0M | 50x | |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2251 | −0.038% | $143K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2254 | +0.114% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2255 | +0.136% | $40.6M | $47.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2253 | +0.053% | $700K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2252 | +0.025% | $44K | $187K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2252 | +0.003% | $19.6M | $16.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2241 | −0.475% | $40K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2241 | −0.457% | $475K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2240 | −0.512% | $121K | $295K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2251 | −0.046% | $66K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2252 | +0.021% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2250 | −0.072% | $293K | $1.0M | 50x | as long as short |
| BloFin ARB-USDT | +0.0104% | 8h | 0.2251 | −0.037% | $3.1M | $2.8M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2247 | −0.201% | $507K | $2.2M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0290% / S −0.0177% | 1h | 0.2251 | −0.042% | $896K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2250 | −0.073% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2251 | −0.030% | $501K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0396% | 1h | 0.2256 | +0.203% | $1.0M | $2.8M | 20x | as long as short |
SoDEX ARB-USD
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Phemex ARBUSDT
Gate ARB_USDT
BingX ARB-USDC
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP