Funding you earn now, next payment 23:00 UTC+0.0076%/8h= +8.4% APRpaid last 24h +0.029%
Price spread now: BingX against gTrade (Gains Network)+0.095%46s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.095% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 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 | gTrade (Gains Network) ARB/USD | 0.2239 | L +0.0005% / S −0.0005% | pay 0.0001% / 1h | 38m 33s | $56K | — | 150x |
| Short | BingX ARB-USDC | 0.2241 | 0.0081 | get 0.0081% / 8h | 1h 38m | — | $6.5M | — |
gTrade (Gains Network) ARB/USD
BingX ARB-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against gTrade (Gains Network). 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
- $16.04
- Price spread: +0.095% → 0.000%
- $9.47
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $5.51
- Costs to cover
- 0.200%
- Break-even
- 4.6 days
Slippage unknown: gTrade (Gains Network): no order-book sample; BingX: live order book, 13 min ago. Net counts fees only.
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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 13 min ago | 3.82 bp | 20.9 bp −$21 | 44.6 bp −$446 | 98.2 bp −$9,818 | 629.0 bp −$314.5K |
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.2226 | −0.571% | $40K | $283K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0224% | 1h | 0.2242 | +0.157% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0162% | 8h | 0.2236 | −0.107% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0138% | 8h | 0.2242 | +0.126% | $57.7M | $135.7M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0100% | 8h | 0.2243 | +0.171% | $22.4M | $163.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0099% | 8h | 0.2241 | +0.104% | $37.4M | $62.4M | 200x | as long as short |
| SoDEX ARB-USD | −0.0069% | 1h | 0.2240 | +0.046% | $4K | $2.8M | 5x | as long as short |
| Polymarket Perps ARB-USD | −0.0064% | 1h | 0.2237 | −0.066% | $76K | $2.2M | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0027% | 8h | 0.2238 | −0.035% | $10K | $394K | 10x | as long as short |
| Binance ARBUSDT | −0.0009% | 8h | 0.2242 | +0.157% | $64.0M | $322.5M | 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 | 0.2242 | +0.123% | $356K | $2.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2241 | +0.103% | $66K | $4K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2239 | +0.014% | $26K | $32K | 25x | as long as short |
| gTrade (Gains Network) ARB/USDlong | L +0.0005% / S −0.0005% | 1h | 0.2239 | long leg | $56K | — | 150x | |
| Gate ARB_USDT | +0.0029% | 8h | 0.2243 | +0.166% | $5.5M | $20.7M | 60x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2239 | +0.006% | $146K | $12K | 3x | as long as short |
| BingX ARB-USDCshort | +0.0081% | 8h | 0.2241 | +0.095% | — | $6.5M | — | |
| Bitget ARBUSDT | +0.0083% | 8h | 0.2242 | +0.144% | $21.0M | $38.0M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0085% | 1h | 0.2242 | +0.133% | $1.1M | $5.2M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2242 | +0.153% | $1.3M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2242 | +0.162% | $40.0M | $50.9M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2240 | +0.054% | $696K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2242 | +0.130% | $45K | $197K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2241 | +0.108% | $20.6M | $16.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2235 | −0.175% | $40K | $460K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2235 | −0.148% | $481K | $4.0M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2235 | −0.169% | $121K | $294K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2240 | +0.054% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2239 | +0.010% | $276K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2238 | −0.035% | $5.2M | $13.5M | 50x | as long as short |
| BloFin ARB-USDT | +0.0109% | 8h | 0.2240 | +0.059% | $3.0M | $3.3M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0264% | 1h | 0.2243 | +0.184% | $509K | $2.4M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2239 | +0.017% | $837K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2238 | −0.057% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0363% | 1h | 0.2244 | +0.248% | $495K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0624% | 1h | 0.2244 | +0.229% | $1.1M | $2.7M | 20x | as long as short |
Extended ARB-USD
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
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
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP