Funding you earn now, next payment 08:00 UTC−0.0080%/8h= −8.8% APRnext payment −$0.80 per $10,000 · paid last 24h −0.011%
Price spread now: Gate against Bitget+0.087%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$600.602% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 7 days−0.063%−$6 · spread now +0.087%, 7d avg +0.015%
=The price spread pays, funding is against you. Gate is 0.072% dearer against Bitget than usual: you sell high and buy low (spread +0.087% now, against its 7-day average of +0.015%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.0 days. At the pace of the last 7 days (−0.066% in total) that is about 7.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ARBUSDT | 0.2189 | 0.0056 | pay 0.0056% / 8h | 3h 34m | $20.8M | $34.0M | 50x |
| Short | Gate ARB_USDT | 0.2191 | −0.0024 | pay 0.0024% / 8h | 3h 34m | $5.3M | $18.1M | 60x |
Bitget ARBUSDT
Gate ARB_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- −$16.8
- Price spread: +0.087% → +0.015%
- $7.21
- Slippage, 4 orders
- −$33.24
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$69.83
- Costs to cover
- 0.602%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Gate: 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 Bitget live order book, 4 min ago | 2.29 bp | 11.0 bp −$11 | 15.3 bp −$153 | 94.3 bp −$9,429 | doesn't fit |
| Sell Gate live order book, 4 min ago | 1.37 bp | 18.7 bp −$19 | 35.3 bp −$353 | 99.9 bp −$9,994 | 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 | −0.1589% | 1h | 0.2181 | −0.365% | $39K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0181% | 1h | 0.2187 | −0.087% | $69K | $2.1M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0107% | 8h | 0.2190 | +0.050% | $22.1M | $142.6M | 50x | as long as short |
| MEXC ARB_USDT | −0.0106% | 8h | 0.2191 | +0.087% | $41.8M | $60.5M | 200x | as long as short |
| Variational Omni ARB | −0.0102% | 8h | 0.2183 | −0.266% | $1.8M | $2.9M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0070% | 8h | 0.2191 | +0.091% | $12K | $407K | 10x | as long as short |
| Bybit ARBUSDT | −0.0057% | 8h | 0.2190 | +0.041% | $55.2M | $123.5M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0050% | 1h | 0.2191 | +0.107% | $1.1M | $4.4M | 50x | as long as short |
| Gate ARB_USDTshort | −0.0024% | 8h | 0.2191 | +0.087% | $5.3M | $18.1M | 60x | |
| 01 Exchange ARBUSD | −0.0008% | 1h | 0.2186 | −0.151% | $7K | $2K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Orderly PERP_ARB_USDC
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
01 Exchange ARBUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2192 | +0.114% | $65K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2189 | −0.009% | $32K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0036% | 8h | 0.2192 | +0.114% | $63.8M | $299.4M | 75x | as long as short |
| Extended ARB-USD | +0.0040% | 1h | 0.2190 | +0.043% | $349K | $2.5M | 25x | as long as short |
| Bitget ARBUSDTlong | +0.0056% | 8h | 0.2189 | long leg | $20.8M | $34.0M | 50x | |
| BingX ARB-USDC | +0.0057% | 8h | 0.2190 | +0.027% | — | $6.5M | — | as long as short |
| Deribit ARB_USDC-PERPETUAL | +0.0069% | 1h | 0.2192 | +0.146% | $24K | $34K | 25x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2187 | −0.087% | $139K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2192 | +0.123% | $1.2M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2192 | +0.155% | $37.6M | $48.3M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2190 | +0.031% | $630K | $1.5M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2192 | +0.115% | $42K | $159K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2192 | +0.142% | $19.6M | $14.7M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2190 | +0.066% | $38K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2188 | −0.046% | $472K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2192 | +0.137% | $118K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2187 | −0.091% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2191 | +0.096% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2186 | −0.128% | $297K | $885K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2189 | 0.000% | $4.9M | $12.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0118% | 1h | 0.2186 | −0.146% | $475K | $2.6M | 10x | as long as short |
| BloFin ARB-USDT | +0.0145% | 8h | 0.2191 | +0.105% | $3.1M | $2.5M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0256% | 1h | 0.2191 | +0.091% | $493K | $1.6M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2188 | −0.027% | $825K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2186 | −0.126% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0506% | 1h | 0.2195 | +0.251% | $986K | $2.8M | 20x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
BingX ARB-USDC
Deribit ARB_USDC-PERPETUAL
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
RISEx ARB/USDC
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP