Funding you earn now, next payment 00:00 UTC−0.0492%/8h= −53.9% APRnext payment −$2.46 per $10,000 · paid last 24h −0.261%
Price spread now: Gate against Binance−0.476%7-day average −0.213% · you buy dearer than you sell
Net, funding: paid 7d − costs−$506as in the Funding arb table
Net, price: spread back to 7d avg − costs−$490as in the Price arb table
costs, in and out, $10k−$4634.632% of the position
Funding, last 7 days−0.432%−$43 on $10k
+Price spread, last 7 days+0.337%+$34 · spread now −0.476%, 7d avg −0.213%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Gate is 0.263% cheaper against Binance than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.213%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARCUSDT | 0.07771 | 0.0592 | pay 0.0296% / 4h | 3h 29m | $24.1M | $7.3M | 20x |
| Short | Gate ARC_USDT | 0.07734 | 0.0100 | get 0.0050% / 4h | 3h 29m | $3.0M | $339K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$103.28
- Price spread: −0.476% → −0.213%
- −$26.29
- Slippage, 4 orders
- −$438.22
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$592.79
- Costs to cover
- 4.632%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Gate: 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 Binance live order book, 2 min ago | 1.93 bp | 41.3 bp −$41 | 251.0 bp −$2,510 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 12.86 bp | 158.7 bp −$159 | doesn't fit | doesn't fit | 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 | 0.07746 | −0.323% | $42K | $2K | 3x | as long as short |
| Gate ARC_USDTshort | +0.0100% | 4h | 0.07734 | −0.476% | $3.0M | $339K | 20x | |
| SunX ARC-USDT | +0.0100% | 4h | 0.07752 | −0.245% | $2K | $1.5M | 20x | as long as short |
| Kraken Futures PF_ARCUSD | +0.0426% | 1h | 0.07737 | −0.437% | $49K | $79K | 20x | as long as short |
| Bitget ARCUSDT | +0.0492% | 4h | 0.07771 | 0.000% | $1.7M | $532K | 10x | as long as short |
| Binance ARCUSDTlong | +0.0592% | 4h | 0.07771 | long leg | $24.1M | $7.3M | 20x | |
| Extended ARC-USD | +0.0592% | 1h | 0.07756 | −0.192% | $30K | $118K | 5x | as long as short |
| BloFin ARC-USDT | +0.0611% | 4h | 0.07761 | −0.129% | $1.2M | $61K | 20x | as long as short |
| Aster ARCUSDT | +0.1135% | 4h | 0.07737 | −0.443% | $19K | $16K | 5x | as long as short |
| KuCoin ARCUSDTM | +0.1304% | 4h | 0.07763 | −0.097% | $1.2M | $1.9M | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARC-USDT | +0.1442% | 4h | 0.07776 | +0.064% | — | $1.7M | — | as long as short |
| Bybit ARCUSDT | +0.1549% | 4h | 0.07749 | −0.283% | $2.7M | $4.5M | 13x | as long as short |
Binance ARCUSDT
Gate ARC_USDT
Lighter ARC
SunX ARC-USDT
Kraken Futures PF_ARCUSD
Bitget ARCUSDT
Extended ARC-USD
BloFin ARC-USDT
Aster ARCUSDT
KuCoin ARCUSDTM
BingX ARC-USDT
Bybit ARCUSDT