Funding you earn now, next payment 00:00 UTC+0.0079%/8h= +8.7% APRnext payment +$0.79 per $10,000 · paid last 24h +0.015%
Price spread now: BingX against Gate+0.040%7-day average −0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$690.694% of the position
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 7 days−0.099%−$10 · spread now +0.040%, 7d avg −0.075%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.116% dearer against Gate than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.075%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARB_USDT | 0.2240 | 0.0007 | pay 0.0007% / 8h | 2h 17m | $5.5M | $21.6M | 60x |
| Short | BingX ARB-USDC | 0.2240 | 0.0086 | get 0.0086% / 8h | 2h 17m | — | $6.5M | — |
Gate ARB_USDT
BingX ARB-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $16.59
- Price spread: +0.040% → −0.075%
- $11.56
- Slippage, 4 orders
- −$44.37
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$41.22
- Costs to cover
- 0.694%
- Break-even
- 24.4 days
Slippage from Gate: live order book, 2 min ago; BingX: 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 Gate live order book, 2 min ago | 2.90 bp | 17.8 bp −$18 | 26.5 bp −$265 | 100.7 bp −$10.1K | doesn't fit |
| Sell BingX live order book, 4 min ago | 4.47 bp | 14.4 bp −$14 | 33.5 bp −$335 | 102.3 bp −$10.2K | 654.7 bp −$327.3K |
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 | 0.2231 | −0.384% | $40K | $197K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0280% | 1h | 0.2240 | +0.013% | $7K | $2K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0196% | 1h | 0.2240 | +0.027% | $38K | $20K | 25x | as long as short |
| Variational Omni ARB | −0.0161% | 8h | 0.2240 | +0.024% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0158% | 8h | 0.2238 | −0.094% | $56.3M | $135.9M | 50x | as long as short |
| SoDEX ARB-USD | −0.0114% | 1h | 0.2238 | −0.063% | $4K | $2.9M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0103% | 8h | 0.2236 | −0.179% | $22.3M | $164.7M | 50x | as long as short |
| MEXC ARB_USDT | −0.0101% | 8h | 0.2239 | −0.031% | $37.3M | $63.7M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2240 | +0.019% | $1.1M | $5.2M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0032% | 1h | 0.2240 | +0.013% | $77K | $2.2M | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Deribit ARB_USDC-PERPETUAL
Variational Omni ARB
Bybit ARBUSDT
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Kraken Futures PF_ARBUSD
Polymarket Perps ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0018% | 8h | 0.2239 | −0.027% | $11K | $388K | 10x | as long as short |
| Binance ARBUSDT | −0.0010% | 8h | 0.2237 | −0.098% | $63.6M | $324.6M | 75x | as long as short |
| Extended ARB-USD | −0.0008% | 1h | 0.2238 | −0.075% | $357K | $2.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2241 | +0.079% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2241 | +0.063% | $56K | — | 150x | as long as short |
| Gate ARB_USDTlong | +0.0007% | 8h | 0.2240 | long leg | $5.5M | $21.6M | 60x | |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2241 | +0.042% | $146K | $12K | 3x | as long as short |
| BingX ARB-USDCshort | +0.0086% | 8h | 0.2240 | +0.040% | — | $6.5M | — | |
| Bitget ARBUSDT | +0.0089% | 8h | 0.2240 | +0.018% | $21.0M | $38.3M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2239 | −0.009% | $1.3M | $7.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2242 | +0.112% | $40.1M | $52.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2242 | +0.103% | $697K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2242 | +0.087% | $47K | $199K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2240 | +0.036% | $20.6M | $17.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2244 | +0.188% | $40K | $456K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2244 | +0.185% | $483K | $4.1M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2242 | +0.107% | $121K | $297K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2239 | −0.027% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2246 | +0.304% | $276K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2239 | −0.027% | $5.3M | $13.7M | 50x | as long as short |
| BloFin ARB-USDT | +0.0110% | 8h | 0.2239 | −0.027% | $3.0M | $3.3M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0154% / S −0.0018% | 1h | 0.2241 | +0.045% | $849K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2249 | +0.420% | $504K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2239 | −0.034% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2243 | +0.138% | $497K | $2.9M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0580% | 1h | 0.2246 | +0.268% | $1.1M | $2.7M | 20x | as long as short |
Orderly PERP_ARB_USDC
Binance ARBUSDT
Extended ARB-USD
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Aevo ARB-PERP
Bitget ARBUSDT
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
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP