Funding you earn now, next payment 04:00 UTC+0.0580%/8h= +63.5% APRnext payment +$2.90 per $10,000 · paid last 24h +0.048%
Price spread now: BingX against Binance0.000%7-day average −0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1771.773% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 7 days−0.022%−$2 · spread now 0.000%, 7d avg −0.077%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and BingX is 0.077% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.077%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.077% in total (about 4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.90 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARCUSDT | 0.07847 | 0.0548 | pay 0.0274% / 4h | 4m 47s | $24.3M | $6.8M | 20x |
| Short | BingX ARC-USDT | 0.07847 | 0.1128 | get 0.0564% / 4h | 4m 47s | — | $1.7M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $121.7
- Price spread: 0.000% → −0.077%
- $7.72
- Slippage, 4 orders
- −$157.34
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$47.91
- Costs to cover
- 1.773%
- Break-even
- 9.8 days
Slippage from Binance: live order book, 6 min ago; BingX: 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 Binance live order book, 6 min ago | 0.64 bp | 31.6 bp −$32 | 234.3 bp −$2,343 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 5.75 bp | 45.8 bp −$46 | 156.6 bp −$1,566 | 568.8 bp −$56.9K | doesn't fit |
ARC on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARC | +0.0096% | 1h | 0.07836 | −0.139% | $38K | $6K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07831 | −0.204% | $3.0M | $228K | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0100% | 4h | 0.07839 | −0.106% | $1.3M | $1.8M | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07824 | −0.293% | $1K | $1.4M | 20x | as long as short |
| Aster ARCUSDT | +0.0218% | 4h | 0.07836 | −0.137% | $19K | $15K | 5x | as long as short |
| BloFin ARC-USDT | +0.0525% | 4h | 0.07846 | −0.013% | $1.2M | $39K | 20x | as long as short |
| Binance ARCUSDTlong | +0.0548% | 4h | 0.07847 | long leg | $24.3M | $6.8M | 20x | |
| Extended ARC-USD | +0.0552% | 1h | 0.07847 | +0.004% | $30K | $195K | 5x | as long as short |
| Bitget ARCUSDT | +0.1042% | 4h | 0.07852 | +0.064% | $1.7M | $515K | 10x | as long as short |
| Bybit ARCUSDT | +0.1113% | 4h | 0.07839 | −0.102% | $2.8M | $4.6M | 13x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARC-USDTshort | +0.1128% | 4h | 0.07847 | 0.000% | — | $1.7M | — | |
| Kraken Futures PF_ARCUSD | +0.1478% | 1h | 0.07833 | −0.173% | $54K | $85K | 20x | as long as short |
Binance ARCUSDT
BingX ARC-USDT
Lighter ARC
Gate ARC_USDT
KuCoin ARCUSDTM
SunX ARC-USDT
Aster ARCUSDT
BloFin ARC-USDT
Extended ARC-USD
Bitget ARCUSDT
Bybit ARCUSDT
Kraken Futures PF_ARCUSD