Funding you earn now, next payment 08:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.18 per $10,000 · paid last 24h −0.126%
Price spread now: Bitget against BingX−0.154%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$220as in the Funding arb table
Net, price: spread back to 7d avg − costs−$197as in the Price arb table
costs, in and out, $10k−$1841.841% of the position
Funding, last 7 days−0.363%−$36 on $10k
+Price spread, last 7 days−0.009%−$1 · spread now −0.154%, 7d avg −0.026%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.128% cheaper against BingX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.026%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARC-USDT | 0.07788 | 0.1032 | pay 0.0516% / 4h | 2h 32m | — | $1.7M | — |
| Short | Bitget ARCUSDT | 0.07776 | 0.0996 | get 0.0498% / 4h | 2h 32m | $1.7M | $512K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$7.56
- Price spread: −0.154% → −0.026%
- −$12.8
- Slippage, 4 orders
- −$162.14
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$204.5
- Costs to cover
- 1.841%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Bitget: 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 BingX live order book, 10 min ago | 5.75 bp | 41.4 bp −$41 | 164.0 bp −$1,640 | 550.7 bp −$55.1K | 872.8 bp −$436.4K |
| Sell Bitget live order book, 4 min ago | 5.79 bp | 44.8 bp −$45 | 307.6 bp −$3,076 | 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 | 0.07777 | −0.136% | $38K | $6K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07760 | −0.360% | $3.0M | $209K | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0100% | 4h | 0.07802 | +0.173% | $1.3M | $1.7M | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07762 | −0.334% | $1K | $1.4M | 20x | as long as short |
| Kraken Futures PF_ARCUSD | +0.0501% | 1h | 0.07749 | −0.503% | $53K | $84K | 20x | as long as short |
| BloFin ARC-USDT | +0.0729% | 4h | 0.07779 | −0.116% | $1.2M | $38K | 20x | as long as short |
| Aster ARCUSDT | +0.0747% | 4h | 0.07769 | −0.242% | $18K | $14K | 5x | as long as short |
| Binance ARCUSDT | +0.0762% | 4h | 0.07789 | +0.019% | $24.2M | $6.5M | 20x | as long as short |
| Bybit ARCUSDT | +0.0766% | 4h | 0.07771 | −0.218% | $2.8M | $4.6M | 13x | as long as short |
| Extended ARC-USD | +0.0776% | 1h | 0.07784 | −0.051% | $34K | $199K | 5x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARCUSDTshort | +0.0996% | 4h | 0.07776 | −0.154% | $1.7M | $512K | 10x | |
| BingX ARC-USDTlong | +0.1032% | 4h | 0.07788 | long leg | — | $1.7M | — |
BingX ARC-USDT
Bitget ARCUSDT
Lighter ARC
Gate ARC_USDT
KuCoin ARCUSDTM
SunX ARC-USDT
Kraken Futures PF_ARCUSD
BloFin ARC-USDT
Aster ARCUSDT
Binance ARCUSDT
Bybit ARCUSDT
Extended ARC-USD