Funding you earn now, next payment 04:00 UTC−0.0236%/8h= −25.8% APRnext payment −$1.18 per $10,000 · paid last 24h +0.093%
Price spread now: BloFin against Bitget+1.327%75s7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2202.199% of the position
Funding, last 7 days+0.277%+$28 on $10k
+Price spread, last 3 days (all we have)−1.175%−$118 · spread now +1.327%, 7d avg +0.070%
=The price spread pays, funding is against you. BloFin is 1.257% dearer against Bitget than usual: you sell high and buy low (spread +1.327% now, against its 7-day average of +0.070%): +$126 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 18 days. Mind the row above: over the last 7 days funding on this pair paid +0.277%, so the current rate has only just turned against you. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ARCUSDT | 0.07761 | 0.0722 | pay 0.0361% / 4h | 2h 55m | $1.7M | $543K | 10x |
| Short | BloFin ARC-USDT | 0.07864 | 0.0486 | get 0.0243% / 4h | 2h 55m | $1.2M | $51K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- −$49.46
- Price spread: +1.327% → +0.070%
- $125.7
- Slippage, 4 orders
- −$195.88
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$143.63
- Costs to cover
- 2.199%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 6 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 Bitget live order book, 1 min ago | 8.30 bp | 53.4 bp −$53 | 390.9 bp −$3,909 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 10.14 bp | 50.4 bp −$50 | 131.9 bp −$1,319 | 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 | 0.07820 | +0.760% | $38K | $7K | 3x | as long as short |
| Aster ARCUSDT | +0.0100% | 4h | 0.07825 | +0.824% | $19K | $14K | 5x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07757 | −0.052% | $3.0M | $231K | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0100% | 4h | 0.07863 | +1.314% | $1.3M | $1.8M | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07817 | +0.722% | $2K | $1.5M | 20x | as long as short |
| Binance ARCUSDT | +0.0440% | 4h | 0.07818 | +0.736% | $24.2M | $7.1M | 20x | as long as short |
| Extended ARC-USD | +0.0440% | 1h | 0.07815 | +0.690% | $29K | $193K | 5x | as long as short |
| BloFin ARC-USDTshort | +0.0486% | 4h | 0.07864 | +1.327% | $1.2M | $51K | 20x | |
| Bitget ARCUSDTlong | +0.0722% | 4h | 0.07761 | long leg | $1.7M | $543K | 10x | |
| Kraken Futures PF_ARCUSD | +0.0908% | 1h | 0.07792 | +0.405% | $52K | $88K | 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 | +0.1962% | 4h | 0.07817 | +0.722% | — | $1.7M | — | as long as short |
| Bybit ARCUSDT | +0.1976% | 4h | 0.07774 | +0.168% | $2.8M | $4.5M | 13x | as long as short |
Bitget ARCUSDT
BloFin ARC-USDT
Lighter ARC
Aster ARCUSDT
Gate ARC_USDT
KuCoin ARCUSDTM
SunX ARC-USDT
Binance ARCUSDT
Extended ARC-USD
Kraken Futures PF_ARCUSD
BingX ARC-USDT
Bybit ARCUSDT