Funding you earn now, next payment 00:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.48 per $10,000 · paid last 24h +0.013%
Price spread now: BloFin against BingX+0.093%96s7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$630.629% of the position
Funding, last 7 days+0.089%+$9 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. BloFin is 0.093% dearer against BingX than usual: you sell high and buy low (spread +0.093% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.4 days. Mind the row above: over the last 7 days funding on this pair paid +0.089%, so the current rate has only just turned against you. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARB-USDC | 0.2260 | 0.0059 | pay 0.0059% / 8h | 7m 32s | — | $6.5M | — |
| Short | BloFin ARB-USDT | 0.2262 | 0.0011 | get 0.0011% / 8h | 7m 32s | $3.1M | $2.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$10.15
- Price spread: +0.093% → 0.000%
- $9.29
- Slippage, 4 orders
- −$40.91
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$63.76
- Costs to cover
- 0.629%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; BloFin: live order book, 6 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, 3 min ago | 4.64 bp | 19.6 bp −$20 | 41.7 bp −$417 | 94.5 bp −$9,451 | 680.5 bp −$340.2K |
| Sell BloFin live order book, 6 min ago | 1.10 bp | 11.6 bp −$12 | 18.1 bp −$181 | doesn't fit | 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 | 0.2256 | −0.173% | $41K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0242% | 1h | 0.2264 | +0.164% | $66K | $2.0M | 10x | as long as short |
| 01 Exchange ARBUSD | −0.0208% | 1h | 0.2260 | +0.004% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0192% | 8h | 0.2264 | +0.160% | $2.0M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0180% | 8h | 0.2261 | +0.027% | $58.2M | $128.1M | 50x | as long as short |
| SoDEX ARB-USD | −0.0179% | 1h | 0.2264 | +0.181% | $4K | $2.6M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0113% | 8h | 0.2261 | +0.049% | $22.8M | $159.0M | 50x | as long as short |
| MEXC ARB_USDT | −0.0112% | 8h | 0.2261 | +0.066% | $38.5M | $60.1M | 200x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0103% | 1h | 0.2265 | +0.204% | $25K | $34K | 25x | as long as short |
| Orderly PERP_ARB_USDC | −0.0041% | 8h | 0.2264 | +0.181% | $13K | $394K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ARB_USDT | −0.0016% | 8h | 0.2261 | +0.071% | $5.4M | $20.3M | 60x | as long as short |
| Binance ARBUSDT | 0.0000% | 8h | 0.2260 | +0.023% | $66.5M | $313.3M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2263 | +0.122% | $67K | $4K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2260 | +0.003% | $361K | $2.3M | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2266 | +0.253% | $56K | — | 150x | as long as short |
| BloFin ARB-USDTshort | +0.0011% | 8h | 0.2262 | +0.093% | $3.1M | $2.8M | 75x | |
| Bitget ARBUSDT | +0.0053% | 8h | 0.2260 | +0.004% | $21.3M | $35.9M | 50x | as long as short |
| BingX ARB-USDClong | +0.0059% | 8h | 0.2260 | long leg | — | $6.5M | — | |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2265 | +0.215% | $148K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2264 | +0.164% | $1.4M | $7.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2266 | +0.257% | $41.0M | $47.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2264 | +0.172% | $706K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2263 | +0.157% | $47K | $183K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2264 | +0.164% | $19.7M | $16.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2263 | +0.118% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2263 | +0.137% | $485K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2264 | +0.181% | $122K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2267 | +0.314% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2265 | +0.217% | $291K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2263 | +0.137% | $5.2M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2268 | +0.358% | $512K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0236% | 1h | 0.2266 | +0.282% | $1.1M | $4.9M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2263 | +0.145% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0297% / S −0.0186% | 1h | 0.2265 | +0.239% | $926K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2263 | +0.122% | $514K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0462% | 1h | 0.2268 | +0.363% | $1.0M | $2.8M | 20x | as long as short |
BingX ARB-USDC
BloFin ARB-USDT
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Deribit ARB_USDC-PERPETUAL
Gate ARB_USDT
Binance ARBUSDT
Extended ARB-USD
gTrade (Gains Network) ARB/USD
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