Funding you earn now, next payment 00:00 UTC−0.0057%/8h= −6.3% APRnext payment −$0.57 per $10,000 · paid last 24h −0.013%
Price spread now: Binance against BingX+0.126%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$540.543% of the position
Funding, last 7 days−0.082%−$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Binance is 0.126% dearer against BingX than usual: you sell high and buy low (spread +0.126% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARB-USDC | 0.2276 | 0.0067 | pay 0.0067% / 8h | 34m 14s | — | $6.5M | — |
| Short | Binance ARBUSDT | 0.2279 | 0.0010 | get 0.0010% / 8h | 34m 14s | $66.7M | $314.1M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$12.06
- Price spread: +0.126% → 0.000%
- $12.65
- Slippage, 4 orders
- −$34.27
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$53.69
- Costs to cover
- 0.543%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Binance: live order book, 9 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 BingX live order book, 2 min ago | 4.18 bp | 19.0 bp −$19 | 43.6 bp −$436 | 102.5 bp −$10.2K | 646.1 bp −$323.0K |
| Sell Binance live order book, 9 min ago | 0.22 bp | 10.6 bp −$11 | 17.2 bp −$172 | 66.7 bp −$6,667 | 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 | −0.1785% | 1h | 0.2264 | −0.518% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0283% | 1h | 0.2279 | +0.127% | $75K | $2.0M | 10x | as long as short |
| Variational Omni ARB | −0.0182% | 8h | 0.2273 | −0.110% | $2.0M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0163% | 8h | 0.2278 | +0.110% | $58.6M | $128.9M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0160% | 1h | 0.2279 | +0.132% | $7K | $2K | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0110% | 8h | 0.2278 | +0.097% | $23.0M | $160.9M | 50x | as long as short |
| MEXC ARB_USDT | −0.0109% | 8h | 0.2279 | +0.136% | $38.2M | $59.6M | 200x | as long as short |
| SoDEX ARB-USD | −0.0067% | 1h | 0.2279 | +0.127% | $4K | $2.6M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0041% | 8h | 0.2279 | +0.141% | $13K | $395K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0013% | 1h | 0.2280 | +0.176% | $26K | $32K | 25x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2276 | −0.004% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2280 | +0.175% | $55K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2278 | +0.096% | $363K | $2.3M | 25x | as long as short |
| Binance ARBUSDTshort | +0.0010% | 8h | 0.2279 | +0.126% | $66.7M | $314.1M | 75x | |
| Gate ARB_USDT | +0.0011% | 8h | 0.2278 | +0.105% | $5.5M | $20.2M | 60x | as long as short |
| BloFin ARB-USDT | +0.0038% | 8h | 0.2273 | −0.119% | $3.1M | $2.8M | 75x | as long as short |
| Bitget ARBUSDT | +0.0067% | 8h | 0.2278 | +0.097% | $21.5M | $36.1M | 50x | as long as short |
| BingX ARB-USDClong | +0.0067% | 8h | 0.2276 | long leg | — | $6.5M | — | |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2281 | +0.209% | $149K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2280 | +0.189% | $1.4M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2281 | +0.250% | $41.5M | $47.3M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2279 | +0.124% | $710K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2275 | −0.031% | $48K | $185K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2279 | +0.136% | $19.8M | $16.2M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2274 | −0.070% | $40K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2275 | −0.051% | $485K | $3.7M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2274 | −0.079% | $123K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2277 | +0.053% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2280 | +0.189% | $291K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2277 | +0.053% | $5.2M | $13.1M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2278 | +0.097% | $513K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0235% | 1h | 0.2280 | +0.191% | $1.2M | $4.9M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2278 | +0.098% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0296% / S −0.0186% | 1h | 0.2280 | +0.165% | $932K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2281 | +0.246% | $504K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0479% | 1h | 0.2282 | +0.281% | $928K | $2.8M | 20x | as long as short |
BingX ARB-USDC
Binance ARBUSDT
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
Variational Omni ARB
Bybit ARBUSDT
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Gate ARB_USDT
BloFin ARB-USDT
Bitget ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
Kraken Futures PF_ARBUSD
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP