Funding you earn now, next payment 08:00 UTC+0.0139%/8h= +15.2% APRnext payment +$1.39 per $10,000 · paid last 24h +0.011%
Price spread now: Bitget against Gate+0.009%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$670.670% of the position
Funding, last 7 days+0.066%+$7 on $10k
+Price spread, last 7 days−0.003%$0 · spread now +0.009%, 7d avg −0.013%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bitget is 0.022% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARB_USDT | 0.2242 | −0.0090 | get 0.0090% / 8h | 7h 49m | $5.4M | $19.7M | 60x |
| Short | Bitget ARBUSDT | 0.2242 | 0.0049 | get 0.0049% / 8h | 7h 49m | $21.2M | $36.0M | 50x |
Gate ARB_USDT
Bitget ARBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $29.19
- Price spread: +0.009% → −0.013%
- $2.2
- Slippage, 4 orders
- −$39.96
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$35.57
- Costs to cover
- 0.670%
- Break-even
- 15.5 days
Slippage from Gate: live order book, 4 min ago; Bitget: live order book, 5 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, 4 min ago | 2.67 bp | 19.5 bp −$20 | 27.4 bp −$274 | 93.0 bp −$9,298 | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.22 bp | 13.3 bp −$13 | 23.6 bp −$236 | 137.9 bp −$13.8K | 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 | −0.1666% | 1h | 0.2235 | −0.303% | $40K | $372K | 12x | as long as short |
| Bybit ARBUSDT | −0.0406% | 8h | 0.2240 | −0.080% | $57.8M | $127.4M | 50x | as long as short |
| Variational Omni ARB | −0.0211% | 8h | 0.2243 | +0.031% | $1.9M | $2.8M | — | as long as short |
| 01 Exchange ARBUSD | −0.0160% | 1h | 0.2241 | −0.031% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0139% | 1h | 0.2241 | −0.027% | $1.1M | $4.9M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0118% | 8h | 0.2240 | −0.062% | $22.5M | $157.1M | 50x | as long as short |
| MEXC ARB_USDT | −0.0117% | 8h | 0.2240 | −0.058% | $38.1M | $58.9M | 200x | as long as short |
| Gate ARB_USDTlong | −0.0090% | 8h | 0.2242 | long leg | $5.4M | $19.7M | 60x | |
| SoDEX ARB-USD | −0.0078% | 1h | 0.2240 | −0.103% | $4K | $2.6M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0042% | 8h | 0.2240 | −0.080% | $13K | $387K | 10x | as long as short |
Injective ARB/USDC PERP
Bybit ARBUSDT
Variational Omni ARB
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | −0.0018% | 1h | 0.2240 | −0.080% | $25K | $34K | 25x | as long as short |
| Extended ARB-USD | −0.0016% | 1h | 0.2240 | −0.063% | $360K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | −0.0015% | 8h | 0.2242 | −0.004% | $66.0M | $312.4M | 75x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2241 | −0.018% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2243 | +0.034% | $55K | — | 150x | as long as short |
| Polymarket Perps ARB-USD | +0.0035% | 1h | 0.2241 | −0.040% | $66K | $2.0M | 10x | as long as short |
| BingX ARB-USDC | +0.0045% | 8h | 0.2241 | −0.036% | — | $6.5M | — | as long as short |
| Bitget ARBUSDTshort | +0.0049% | 8h | 0.2242 | +0.009% | $21.2M | $36.0M | 50x | |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2241 | −0.036% | $142K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2241 | −0.040% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2243 | +0.054% | $40.4M | $47.5M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2240 | −0.080% | $696K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2241 | −0.018% | $44K | $187K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2241 | −0.031% | $19.5M | $16.0M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2248 | +0.283% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2248 | +0.275% | $483K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2245 | +0.143% | $121K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2245 | +0.143% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2246 | +0.196% | $292K | $1.0M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2240 | −0.080% | $5.1M | $13.0M | 50x | as long as short |
| BloFin ARB-USDT | +0.0107% | 8h | 0.2243 | +0.045% | $3.1M | $2.7M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2248 | +0.268% | $507K | $2.2M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0290% / S −0.0177% | 1h | 0.2242 | +0.026% | $892K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2240 | −0.065% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0342% | 1h | 0.2243 | +0.045% | $1.0M | $2.8M | 20x | as long as short |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2243 | +0.058% | $500K | $2.7M | 10x | as long as short |
Deribit ARB_USDC-PERPETUAL
Extended ARB-USD
Binance ARBUSDT
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Polymarket Perps ARB-USD
BingX ARB-USDC
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
HTX ARB-USDT
Phemex ARBUSDT
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP
RISEx ARB/USDC