Funding you earn now, next payment 00:00 UTC−0.0840%/8h= −92.0% APRnext payment −$4.20 per $10,000 · paid last 24h −0.121%
Price spread now: Gate against Bitget−0.253%7-day average −0.111% · you buy dearer than you sell
Net, funding: paid 7d − costs−$517as in the Funding arb table
Net, price: spread back to 7d avg − costs−$518as in the Price arb table
costs, in and out, $10k−$5035.035% of the position
Funding, last 7 days−0.140%−$14 on $10k
+Price spread, last 7 days+0.115%+$11 · spread now −0.253%, 7d avg −0.111%
=Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Gate is 0.142% cheaper against Bitget than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.111%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.140% in total (about -7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.20 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 | Bitget ARCUSDT | 0.07891 | 0.0940 | pay 0.0470% / 4h | 2h 42m | $1.7M | $532K | 10x |
| Short | Gate ARC_USDT | 0.07871 | 0.0100 | get 0.0050% / 4h | 2h 42m | $3.1M | $333K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$176.4
- Price spread: −0.253% → −0.111%
- −$14.23
- Slippage, 4 orders
- −$476.47
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$694.09
- Costs to cover
- 5.035%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Gate: live order book, 1 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, 5 min ago | 5.78 bp | 47.4 bp −$47 | 279.1 bp −$2,791 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 13.32 bp | 183.3 bp −$183 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARCUSD | −0.0094% | 1h | 0.07852 | −0.493% | $49K | $79K | 20x | as long as short |
| Lighter ARC | +0.0096% | 1h | 0.07867 | −0.309% | $43K | $2K | 3x | as long as short |
| Gate ARC_USDTshort | +0.0100% | 4h | 0.07871 | −0.253% | $3.1M | $333K | 20x | |
| SunX ARC-USDT | +0.0100% | 4h | 0.07874 | −0.215% | $2K | $1.5M | 20x | as long as short |
| Bitget ARCUSDTlong | +0.0940% | 4h | 0.07891 | long leg | $1.7M | $532K | 10x | |
| KuCoin ARCUSDTM | +0.0986% | 4h | 0.07879 | −0.155% | $1.3M | $1.8M | 20x | as long as short |
| Binance ARCUSDT | +0.1055% | 4h | 0.07883 | −0.101% | $24.4M | $7.2M | 20x | as long as short |
| Extended ARC-USD | +0.1056% | 1h | 0.07885 | −0.075% | $30K | $118K | 5x | as long as short |
| BloFin ARC-USDT | +0.1094% | 4h | 0.07851 | −0.507% | $1.2M | $61K | 20x | as long as short |
| Aster ARCUSDT | +0.1658% | 4h | 0.07861 | −0.384% | $20K | $16K | 5x | 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 | +0.3036% | 4h | 0.07881 | −0.127% | — | $1.7M | — | as long as short |
| Bybit ARCUSDT | +0.3277% | 4h | 0.07879 | −0.152% | $2.8M | $4.4M | 13x | as long as short |
Bitget ARCUSDT
Gate ARC_USDT
Kraken Futures PF_ARCUSD
Lighter ARC
SunX ARC-USDT
KuCoin ARCUSDTM
Binance ARCUSDT
Extended ARC-USD
BloFin ARC-USDT
Aster ARCUSDT
BingX ARC-USDT
Bybit ARCUSDT