Settings8H · net · $10k
Funding arb · Price arb /

ARC

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.1380%/8h= −151.1% APRnext payment $6.90 per $10,000 · paid last 24h −0.259%
Price spread now: SunX against BingX+0.203%7-day average −0.089% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.586%−$59 on $10k
Price spread, last 4 days (all we have)−0.455%−$46 · spread now +0.203%, 7d avg −0.089%
Together, before fees−1.042%−$104 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.292% dearer against BingX than usual: you sell high and buy low (spread +0.203% now, against its 7-day average of −0.089%): +$29 on $10k if it goes back. Holding the pair costs −$41 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 7 days (−0.586% in total) that is about 3.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.586% in total (about -30.6% a year). A funding rate is set anew for every payment; at this rate the next one is about $6.90 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ARC-USDT0.078730.1480pay 0.0740% / 4h1h 17m$1.7M
ShortSunX ARC-USDT0.078890.0100get 0.0050% / 4h1h 17m$2K$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$289.8
Price spread: +0.203% → −0.089%
$29.21
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$278.59
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: BingX: live order book, 5 min ago; SunX: live order book, 7 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 5 min ago6.97 bp33.7 bp −$34144.0 bp −$1,440621.0 bp −$62.1K948.9 bp −$474.5K
Sell SunX live order book, 7 min ago495.39 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

ARC on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ARC+0.0096%1h0.07877+0.056%$38K$6K3xas long as short
Gate ARC_USDT+0.0100%4h0.07864−0.114%$3.1M$234K20xas long as short
SunX ARC-USDTshort+0.0100%4h0.07889+0.203%$2K$1.5M20x
KuCoin ARCUSDTM+0.0222%4h0.07869−0.046%$1.3M$1.8M20xas long as short
Aster ARCUSDT+0.0338%4h0.07838−0.440%$19K$15K5xas long as short
BloFin ARC-USDT+0.0481%4h0.07876+0.038%$1.2M$42K20xas long as short
Binance ARCUSDT+0.0501%4h0.07880+0.091%$24.4M$6.9M20xas long as short
Extended ARC-USD+0.0504%1h0.07880+0.093%$30K$197K5xas long as short
Kraken Futures PF_ARCUSD+0.0823%1h0.07856−0.214%$54K$85K20xas long as short
Bitget ARCUSDT+0.1008%4h0.07868−0.064%$1.7M$534K10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ARC-USDTlong+0.1480%4h0.07873long leg$1.7M
Bybit ARCUSDT+0.1602%4h0.07866−0.089%$2.8M$4.6M13xas long as short