Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX−0.018%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$400.397% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 7 days+0.021%+$2 · spread now −0.018%, 7d avg −0.001%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARB-USDT | 0.2222 | 0.0089 | pay 0.0089% / 8h | 1h 57m | — | $53.7M | — |
| Short | Bitget ARBUSDT | 0.2222 | 0.0088 | get 0.0088% / 8h | 1h 57m | $20.8M | $38.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$0.21
- Price spread: −0.018% → −0.001%
- −$1.66
- Slippage, 4 orders
- −$17.71
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$41.58
- Costs to cover
- 0.397%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 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 BingX live order book, 12 min ago | 1.57 bp | 7.9 bp −$8 | 10.6 bp −$106 | 18.3 bp −$1,830 | 67.9 bp −$34.0K |
| Sell Bitget live order book, 2 min ago | 4.51 bp | 13.9 bp −$14 | 22.8 bp −$228 | 138.3 bp −$13.8K | 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 | −0.1770% | 1h | 0.2210 | −0.558% | $40K | $283K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0224% | 1h | 0.2220 | −0.117% | $7K | $2K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0155% | 1h | 0.2223 | +0.036% | $26K | $32K | 25x | as long as short |
| Variational Omni ARB | −0.0153% | 8h | 0.2215 | −0.339% | $1.8M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0131% | 8h | 0.2223 | +0.013% | $57.2M | $136.4M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0111% | 8h | 0.2224 | +0.054% | $22.2M | $163.3M | 50x | as long as short |
| MEXC ARB_USDT | −0.0109% | 8h | 0.2222 | −0.027% | $36.6M | $62.0M | 200x | as long as short |
| SoDEX ARB-USD | −0.0047% | 1h | 0.2222 | −0.036% | $4K | $2.9M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0023% | 8h | 0.2223 | +0.027% | $10K | $390K | 10x | as long as short |
| Binance ARBUSDT | −0.0019% | 8h | 0.2224 | +0.057% | $63.3M | $324.1M | 75x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ARB-USD | −0.0016% | 1h | 0.2221 | −0.062% | $353K | $2.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2223 | +0.017% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2223 | +0.012% | $55K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0007% | 8h | 0.2223 | +0.027% | $5.5M | $20.6M | 60x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2224 | +0.075% | $145K | $12K | 3x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2225 | +0.114% | $1.1M | $5.2M | 50x | as long as short |
| Bitget ARBUSDTshort | +0.0088% | 8h | 0.2222 | −0.018% | $20.8M | $38.1M | 50x | |
| BingX ARB-USDTlong | +0.0089% | 8h | 0.2222 | long leg | — | $53.7M | — | |
| Lighter ARB | +0.0096% | 1h | 0.2223 | +0.031% | $1.3M | $7.3M | 15x | as long as short |
| Polymarket Perps ARB-USD | +0.0098% | 1h | 0.2222 | −0.027% | $76K | $2.2M | 10x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2225 | +0.112% | $39.7M | $52.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2222 | −0.011% | $690K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2222 | −0.006% | $44K | $200K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2223 | +0.027% | $20.5M | $17.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2218 | −0.193% | $36K | $456K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2216 | −0.300% | $477K | $4.0M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2217 | −0.243% | $120K | $297K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2222 | −0.018% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2224 | +0.081% | $274K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2221 | −0.063% | $5.2M | $13.6M | 50x | as long as short |
| BloFin ARB-USDT | +0.0101% | 8h | 0.2222 | −0.022% | $3.0M | $3.2M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0153% / S −0.0019% | 1h | 0.2223 | +0.027% | $843K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2225 | +0.117% | $505K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2222 | −0.002% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2222 | +0.004% | $490K | $2.8M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0664% | 1h | 0.2226 | +0.153% | $1.1M | $2.7M | 20x | as long as short |
BingX ARB-USDT
Bitget ARBUSDT
Injective ARB/USDC PERP
01 Exchange ARBUSD
Deribit ARB_USDC-PERPETUAL
Variational Omni ARB
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Binance ARBUSDT
Extended ARB-USD
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Kraken Futures PF_ARBUSD
Lighter ARB
Polymarket Perps ARB-USD
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
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
Backpack ARB_USDC_PERP