Funding you earn now, next payment 08:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.76 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against Gate−0.014%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$530.529% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 7 days+0.010%+$1 · spread now −0.014%, 7d avg +0.014%
=Funding pays, the price is against you. Binance is 0.028% cheaper against Gate than usual: you would sell low and buy high (spread −0.014% now, against its 7-day average of +0.014%). If the spread goes back, that is −$3 on $10k: about 29 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.023% in total) that is about 8.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARB_USDT | 0.2213 | −0.0079 | get 0.0079% / 8h | 6h 10m | $5.4M | $19.9M | 60x |
| Short | Binance ARBUSDT | 0.2212 | −0.0003 | pay 0.0003% / 8h | 6h 10m | $64.4M | $316.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $15.94
- Price spread: −0.014% → +0.014%
- −$2.78
- Slippage, 4 orders
- −$27.89
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$39.73
- Costs to cover
- 0.529%
- Break-even
- 24.4 days
Slippage from Gate: live order book, 3 min ago; Binance: live order book, 3 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 Gate live order book, 3 min ago | 2.03 bp | 16.1 bp −$16 | 25.8 bp −$258 | 113.9 bp −$11.4K | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.23 bp | 8.2 bp −$8 | 20.6 bp −$206 | 82.5 bp −$8,255 | doesn't fit |
ARB on 35 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 | −0.1692% | 1h | 0.2202 | −0.479% | $40K | $372K | 12x | as long as short |
| SoDEX ARB-USD | −0.0260% | 1h | 0.2215 | +0.086% | $10K | $2.5M | 5x | as long as short |
| 01 Exchange ARBUSD | −0.0224% | 1h | 0.2215 | +0.122% | $7K | $2K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0201% | 1h | 0.2215 | +0.108% | $24K | $34K | 25x | as long as short |
| Variational Omni ARB | −0.0157% | 8h | 0.2213 | +0.034% | $1.9M | $2.9M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0126% | 8h | 0.2212 | −0.050% | $22.3M | $156.0M | 50x | as long as short |
| MEXC ARB_USDT | −0.0126% | 8h | 0.2212 | −0.050% | $39.0M | $60.2M | 200x | as long as short |
| Gate ARB_USDTlong | −0.0079% | 8h | 0.2213 | long leg | $5.4M | $19.9M | 60x | |
| Orderly PERP_ARB_USDC | −0.0068% | 8h | 0.2215 | +0.108% | $12K | $384K | 10x | as long as short |
| Bybit ARBUSDT | −0.0038% | 8h | 0.2212 | −0.018% | $56.6M | $128.5M | 50x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ARBUSDTshort | −0.0003% | 8h | 0.2212 | −0.014% | $64.4M | $316.8M | 75x | |
| dYdX ARB-USD | 0.0000% | 1h | 0.2217 | +0.181% | $66K | $5K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2211 | −0.084% | $352K | $2.5M | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0011% | 1h | 0.2215 | +0.096% | $10K | — | 150x | as long as short |
| ApeX Omni ARBUSDT | +0.0064% | 1h | 0.2213 | +0.018% | $119K | $286K | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2215 | +0.131% | $141K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2215 | +0.095% | $1.2M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2215 | +0.131% | $38.6M | $51.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2214 | +0.081% | $659K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2215 | +0.116% | $42K | $184K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2214 | +0.077% | $19.6M | $15.7M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2212 | −0.027% | $21.2M | $36.4M | 50x | as long as short |
| BingX ARB-USDT | +0.0100% | 8h | 0.2212 | −0.018% | — | $54.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2214 | +0.078% | $40K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2213 | +0.017% | $481K | $3.7M | 10x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2216 | +0.154% | $87K | $2.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2216 | +0.154% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2215 | +0.108% | $297K | $996K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2214 | +0.063% | $5.0M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0240% | 1h | 0.2222 | +0.425% | $508K | $2.1M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2215 | +0.088% | $827K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2215 | +0.112% | $2K | $695 | 20x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0312% | 1h | 0.2216 | +0.154% | $1.1M | $4.7M | 50x | as long as short |
| RISEx ARB/USDC | +0.0466% | 1h | 0.2217 | +0.194% | $481K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0534% | 1h | 0.2218 | +0.240% | $1.0M | $2.9M | 20x | as long as short |
Gate ARB_USDT
Binance ARBUSDT
Injective ARB/USDC PERP
SoDEX ARB-USD
01 Exchange ARBUSD
Deribit ARB_USDC-PERPETUAL
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Bybit ARBUSDT
Extended ARB-USD
gTrade (Gains Network) ARB/USD
ApeX Omni ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDT
edgeX ARBUSDC
GRVT ARB_USDT_Perp
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Kraken Futures PF_ARBUSD
RISEx ARB/USDC
Backpack ARB_USDC_PERP