Funding you earn now, next payment 00:00 UTC−0.0026%/8h= −2.9% APRnext payment −$0.26 per $10,000 · paid last 24h −0.013%
Price spread now: BingX against BloFin−0.009%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$330.333% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 3 days (all we have)−0.654%−$65 · spread now −0.009%, 7d avg −0.044%
=The price spread pays, funding is against you. BingX is 0.035% dearer against BloFin than usual: you sell high and buy low (spread −0.009% now, against its 7-day average of −0.044%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARB-USDT | 0.2234 | 0.0109 | pay 0.0109% / 8h | 1h 43m | $3.0M | $3.3M | 75x |
| Short | BingX ARB-USDT | 0.2234 | 0.0083 | get 0.0083% / 8h | 1h 43m | — | $53.6M | — |
BloFin ARB-USDT
BingX ARB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$5.47
- Price spread: −0.009% → −0.044%
- $3.52
- Slippage, 4 orders
- −$11.3
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$35.25
- Costs to cover
- 0.333%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; BingX: live order book, 11 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 BloFin live order book, 5 min ago | 0.45 bp | 10.2 bp −$10 | 20.1 bp −$201 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 1.12 bp | 6.9 bp −$7 | 8.8 bp −$88 | 16.9 bp −$1,693 | 47.6 bp −$23.8K |
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 | 0.2223 | −0.483% | $40K | $283K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0232% | 1h | 0.2234 | 0.000% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0157% | 8h | 0.2228 | −0.258% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0136% | 8h | 0.2233 | −0.031% | $57.5M | $135.7M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0102% | 8h | 0.2234 | +0.022% | $22.3M | $163.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0102% | 8h | 0.2234 | +0.022% | $36.5M | $62.2M | 200x | as long as short |
| SoDEX ARB-USD | −0.0068% | 1h | 0.2234 | −0.009% | $4K | $2.8M | 5x | as long as short |
| Polymarket Perps ARB-USD | −0.0056% | 1h | 0.2234 | +0.027% | $76K | $2.2M | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0025% | 8h | 0.2234 | +0.009% | $10K | $394K | 10x | as long as short |
| Binance ARBUSDT | −0.0011% | 8h | 0.2234 | +0.027% | $63.7M | $322.6M | 75x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Polymarket Perps ARB-USD
Orderly PERP_ARB_USDC
Binance ARBUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ARB-USD | −0.0008% | 1h | 0.2233 | −0.056% | $355K | $2.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2234 | +0.020% | $66K | $4K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2235 | +0.036% | $26K | $32K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2235 | +0.044% | $55K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0025% | 8h | 0.2234 | +0.027% | $5.5M | $20.6M | 60x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2235 | +0.054% | $146K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0082% | 8h | 0.2234 | +0.009% | $20.9M | $38.0M | 50x | as long as short |
| BingX ARB-USDTshort | +0.0083% | 8h | 0.2234 | −0.009% | — | $53.6M | — | |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2236 | +0.116% | $1.1M | $5.2M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2235 | +0.067% | $1.3M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2237 | +0.161% | $39.9M | $52.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2235 | +0.052% | $694K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2235 | +0.070% | $44K | $197K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2235 | +0.058% | $20.6M | $16.9M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2232 | −0.075% | $36K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2232 | −0.081% | $480K | $4.0M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2232 | −0.081% | $121K | $294K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2235 | +0.054% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2234 | +0.018% | $276K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2234 | +0.009% | $5.2M | $13.5M | 50x | as long as short |
| BloFin ARB-USDTlong | +0.0109% | 8h | 0.2234 | long leg | $3.0M | $3.3M | 75x | |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2236 | +0.098% | $507K | $2.5M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2235 | +0.040% | $836K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2234 | −0.005% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2236 | +0.112% | $493K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0613% | 1h | 0.2238 | +0.170% | $1.1M | $2.7M | 20x | as long as short |
Extended ARB-USD
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Aevo ARB-PERP
Bitget ARBUSDT
Kraken Futures PF_ARBUSD
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
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP