Funding you earn now, next payment 04:00 UTC−0.2460%/8h= −269.4% APRnext payment −$12.30 per $10,000 · paid last 24h −0.259%
Price spread now: Gate against BingX−0.114%7-day average −0.135% · you buy dearer than you sell
Net, funding: paid 7d − costs−$585as in the Funding arb table
Net, price: spread back to 7d avg − costs−$532as in the Price arb table
costs, in and out, $10k−$5345.340% of the position
Funding, last 7 days−0.512%−$51 on $10k
+Price spread, last 7 days−0.048%−$5 · spread now −0.114%, 7d avg −0.135%
=The price spread pays, funding is against you. Gate is 0.020% dearer against BingX than usual: you sell high and buy low (spread −0.114% now, against its 7-day average of −0.135%): +$2 on $10k if it goes back. Holding the pair costs −$74 a day in funding at the current rate, which eats that in about under an hour. At the pace of the last 7 days (−0.512% in total) that is about 7 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.512% in total (about -26.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$12.30 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 | 0.07876 | 0.2560 | pay 0.1280% / 4h | 3h 49m | — | $1.7M | — |
| Short | Gate ARC_USDT | 0.07867 | 0.0100 | get 0.0050% / 4h | 3h 49m | $3.1M | $273K | 20x |
BingX ARC-USDT
Gate ARC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$516.6
- Price spread: −0.114% → −0.135%
- $2.04
- Slippage, 4 orders
- −$509.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,048.58
- Costs to cover
- 5.340%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 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 BingX live order book, 3 min ago | 5.74 bp | 27.2 bp −$27 | 139.0 bp −$1,390 | 634.0 bp −$63.4K | 958.1 bp −$479.0K |
| Sell Gate live order book, 4 min ago | 12.79 bp | 197.2 bp −$197 | 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 | 0.07863 | −0.165% | $43K | $2K | 3x | as long as short |
| Gate ARC_USDTshort | +0.0100% | 4h | 0.07867 | −0.114% | $3.1M | $273K | 20x | |
| KuCoin ARCUSDTM | +0.0100% | 4h | 0.07892 | +0.209% | $1.3M | $1.8M | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07867 | −0.114% | $1K | $1.6M | 20x | as long as short |
| BloFin ARC-USDT | +0.0127% | 4h | 0.07851 | −0.317% | $1.2M | $59K | 20x | as long as short |
| Binance ARCUSDT | +0.0181% | 4h | 0.07878 | +0.025% | $24.4M | $7.4M | 20x | as long as short |
| Extended ARC-USD | +0.0184% | 1h | 0.07871 | −0.062% | $30K | $125K | 5x | as long as short |
| Aster ARCUSDT | +0.0211% | 4h | 0.07842 | −0.430% | $19K | $17K | 5x | as long as short |
| Bitget ARCUSDT | +0.0536% | 4h | 0.07887 | +0.140% | $1.7M | $571K | 10x | as long as short |
| Kraken Futures PF_ARCUSD | +0.0716% | 1h | 0.07843 | −0.414% | $52K | $88K | 20x | as long as short |
Lighter ARC
KuCoin ARCUSDTM
SunX ARC-USDT
BloFin ARC-USDT
Binance ARCUSDT
Extended ARC-USD
Aster ARCUSDT
Bitget ARCUSDT
Kraken Futures PF_ARCUSDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARC-USDTlong | +0.2560% | 4h | 0.07876 | long leg | — | $1.7M | — | |
| Bybit ARCUSDT | +0.4575% | 4h | 0.07874 | −0.025% | $2.8M | $4.6M | 13x | as long as short |
Bybit ARCUSDT