Funding you earn now, next payment 00:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.19 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against BingX−0.108%7-day average +0.152% · you buy dearer than you sell
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$222as in the Price arb table
costs, in and out, $10k−$1961.962% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 3 days (all we have)+2.703%+$270 · spread now −0.108%, 7d avg +0.152%
=Funding pays, the price is against you. SunX is 0.260% cheaper against BingX than usual: you would sell low and buy high (spread −0.108% now, against its 7-day average of +0.152%). If the spread goes back, that is −$26 on $10k: about 46 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARB-USDC | 0.2218 | 0.0081 | pay 0.0081% / 8h | 2h 47m | — | $6.5M | — |
| Short | SunX ARB-USDT | 0.2216 | 0.0100 | get 0.0100% / 8h | 2h 47m | $2K | $1.1M | 30x |
BingX ARB-USDC
SunX ARB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $3.99
- Price spread: −0.108% → +0.152%
- −$26.01
- Slippage, 4 orders
- −$178.17
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$218.2
- Costs to cover
- 1.962%
- Break-even
- 389.8 days
Slippage from BingX: live order book, 4 min ago; SunX: 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, 4 min ago | 4.07 bp | 15.8 bp −$16 | 35.6 bp −$356 | 89.2 bp −$8,915 | 690.9 bp −$345.4K |
| Sell SunX live order book, 6 min ago | 31.60 bp | 96.1 bp −$96 | doesn't fit | 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 | −0.1675% | 1h | 0.2199 | −0.875% | $40K | $107K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0384% | 1h | 0.2220 | +0.090% | $7K | $2K | 10x | as long as short |
| ApeX Omni ARBUSDT | −0.0271% | 1h | 0.2210 | −0.379% | $120K | $297K | 50x | as long as short |
| Bybit ARBUSDT | −0.0239% | 8h | 0.2220 | +0.072% | $57.7M | $134.8M | 50x | as long as short |
| Variational Omni ARB | −0.0191% | 8h | 0.2209 | −0.403% | $1.9M | $2.8M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0057% | 8h | 0.2219 | +0.023% | $22.1M | $164.3M | 50x | as long as short |
| MEXC ARB_USDT | −0.0057% | 8h | 0.2220 | +0.090% | $37.6M | $63.1M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0054% | 1h | 0.2217 | −0.085% | $1.1M | $5.2M | 50x | as long as short |
| SoDEX ARB-USD | −0.0022% | 1h | 0.2214 | −0.185% | $4K | $2.9M | 5x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0021% | 1h | 0.2215 | −0.158% | $36K | $18K | 25x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
ApeX Omni ARBUSDT
Bybit ARBUSDT
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Kraken Futures PF_ARBUSD
SoDEX ARB-USD
Deribit ARB_USDC-PERPETUALShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0007% | 8h | 0.2214 | −0.198% | $10K | $383K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2222 | +0.144% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2215 | −0.153% | $55K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0006% | 8h | 0.2221 | +0.128% | $63.3M | $325.8M | 75x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2218 | −0.003% | $353K | $2.5M | 25x | as long as short |
| BloFin ARB-USDT | +0.0013% | 8h | 0.2212 | −0.302% | $3.0M | $3.3M | 75x | as long as short |
| Polymarket Perps ARB-USD | +0.0015% | 1h | 0.2221 | +0.104% | $77K | $2.3M | 10x | as long as short |
| Gate ARB_USDT | +0.0023% | 8h | 0.2220 | +0.072% | $5.5M | $21.5M | 60x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2215 | −0.148% | $145K | $12K | 3x | as long as short |
| BingX ARB-USDClong | +0.0081% | 8h | 0.2218 | long leg | — | $6.5M | — | |
| Bitget ARBUSDT | +0.0084% | 8h | 0.2220 | +0.072% | $20.9M | $38.9M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2221 | +0.099% | $1.3M | $7.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2222 | +0.158% | $39.8M | $53.1M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2220 | +0.058% | $691K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2220 | +0.069% | $45K | $207K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2222 | +0.162% | $20.5M | $17.2M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2213 | −0.259% | $38K | $450K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2213 | −0.240% | $475K | $4.2M | 10x | as long as short |
| SunX ARB-USDTshort | +0.0100% | 8h | 0.2216 | −0.108% | $2K | $1.1M | 30x | |
| HTX ARB-USDT | +0.0100% | 8h | 0.2217 | −0.086% | $272K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2215 | −0.153% | $5.3M | $13.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0275% / S −0.0168% | 1h | 0.2215 | −0.137% | $812K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2217 | −0.063% | $506K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2219 | +0.043% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0411% | 1h | 0.2220 | +0.072% | $1.1M | $2.8M | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2223 | +0.196% | $487K | $2.9M | 10x | as long as short |
Orderly PERP_ARB_USDC
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BloFin ARB-USDT
Polymarket Perps ARB-USD
Gate ARB_USDT
Aevo ARB-PERP
Bitget ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP
RISEx ARB/USDC