Funding you earn now, next payment 00:00 UTC−0.0660%/8h= −72.3% APRnext payment −$3.30 per $10,000 · paid last 24h +0.003%
Price spread now: Binance against BingX+0.024%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1781.778% of the position
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 7 days+0.059%+$6 · spread now +0.024%, 7d avg +0.079%
=Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Binance is 0.054% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.079%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.037% in total (about -1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.30 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 | BingX ARC-USDT | 0.07821 | 0.1066 | pay 0.0533% / 4h | 1h 00m | — | $1.7M | — |
| Short | Binance ARCUSDT | 0.07823 | 0.0406 | get 0.0203% / 4h | 1h 00m | $24.2M | $7.3M | 20x |
BingX ARC-USDT
Binance ARCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$138.63
- Price spread: +0.024% → +0.079%
- −$5.44
- Slippage, 4 orders
- −$157.77
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$321.83
- Costs to cover
- 1.778%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; Binance: live order book, 10 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 BingX live order book, 11 min ago | 5.80 bp | 36.5 bp −$36 | 181.4 bp −$1,814 | 531.6 bp −$53.2K | 782.3 bp −$391.2K |
| Sell Binance live order book, 10 min ago | 3.21 bp | 53.1 bp −$53 | 193.9 bp −$1,939 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARCUSD | −0.0084% | 1h | 0.07798 | −0.292% | $50K | $83K | 20x | as long as short |
| Lighter ARC | +0.0096% | 1h | 0.07803 | −0.234% | $42K | $2K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07809 | −0.153% | $3.0M | $331K | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07801 | −0.256% | $1K | $1.5M | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0134% | 4h | 0.07812 | −0.116% | $1.3M | $1.8M | 20x | as long as short |
| BloFin ARC-USDT | +0.0398% | 4h | 0.07792 | −0.371% | $1.2M | $58K | 20x | as long as short |
| Binance ARCUSDTshort | +0.0406% | 4h | 0.07823 | +0.024% | $24.2M | $7.3M | 20x | |
| Extended ARC-USD | +0.0416% | 1h | 0.07823 | +0.029% | $30K | $118K | 5x | as long as short |
| Bitget ARCUSDT | +0.0582% | 4h | 0.07823 | +0.026% | $1.7M | $550K | 10x | as long as short |
| Aster ARCUSDT | +0.0871% | 4h | 0.07821 | +0.002% | $19K | $16K | 5x | as long as short |
Kraken Futures PF_ARCUSD
Lighter ARC
Gate ARC_USDT
SunX ARC-USDT
KuCoin ARCUSDTM
BloFin ARC-USDT
Extended ARC-USD
Bitget ARCUSDT
Aster ARCUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARC-USDTlong | +0.1066% | 4h | 0.07821 | long leg | — | $1.7M | — | |
| Bybit ARCUSDT | +0.1090% | 4h | 0.07814 | −0.090% | $2.7M | $4.5M | 13x | as long as short |
Bybit ARCUSDT