Funding you earn now, next payment 00:00 UTC−0.0569%/8h= −62.3% APRnext payment −$2.84 per $10,000 · paid last 24h −0.256%
Price spread now: Gate against BloFin−0.269%93s7-day average −0.219% · you buy dearer than you sell
Net, funding: paid 7d − costs−$606as 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−$5635.635% of the position
Funding, last 7 days−0.423%−$42 on $10k
+Price spread, last 3 days (all we have)+0.072%+$7 · spread now −0.269%, 7d avg −0.219%
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Gate is 0.050% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.219%). Swap the legs. The two prices were read 93 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 | BloFin ARC-USDT | 0.07809 | 0.0669 | pay 0.0334% / 4h | 1h 51m | $1.2M | $61K | 20x |
| Short | Gate ARC_USDT | 0.07788 | 0.0100 | get 0.0050% / 4h | 1h 51m | $3.0M | $327K | 20x |
BloFin ARC-USDT
Gate ARC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. 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
- −$119.47
- Price spread: −0.269% → −0.219%
- −$4.99
- Slippage, 4 orders
- −$536.47
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$687.92
- Costs to cover
- 5.635%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 1 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 BloFin live order book, 1 min ago | 17.32 bp | 39.3 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 15.41 bp | 231.4 bp −$231 | 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 | −0.0084% | 1h | 0.07771 | −0.486% | $50K | $83K | 20x | as long as short |
| Lighter ARC | +0.0096% | 1h | 0.07793 | −0.201% | $42K | $2K | 3x | as long as short |
| Gate ARC_USDTshort | +0.0100% | 4h | 0.07788 | −0.269% | $3.0M | $327K | 20x | |
| SunX ARC-USDT | +0.0100% | 4h | 0.07790 | −0.243% | $2K | $1.5M | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0560% | 4h | 0.07801 | −0.100% | $1.3M | $1.8M | 20x | as long as short |
| Bitget ARCUSDT | +0.0652% | 4h | 0.07816 | +0.090% | $1.7M | $539K | 10x | as long as short |
| BloFin ARC-USDTlong | +0.0669% | 4h | 0.07809 | long leg | $1.2M | $61K | 20x | |
| Binance ARCUSDT | +0.0679% | 4h | 0.07812 | +0.041% | $24.2M | $7.2M | 20x | as long as short |
| Extended ARC-USD | +0.0696% | 1h | 0.07808 | −0.012% | $30K | $118K | 5x | as long as short |
| Aster ARCUSDT | +0.1217% | 4h | 0.07808 | −0.019% | $19K | $16K | 5x | as long as short |
Kraken Futures PF_ARCUSD
Lighter ARC
SunX ARC-USDT
KuCoin ARCUSDTM
Bitget ARCUSDT
Binance ARCUSDT
Extended ARC-USD
Aster ARCUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARCUSDT | +0.1298% | 4h | 0.07796 | −0.166% | $2.7M | $4.3M | 13x | as long as short |
| BingX ARC-USDT | +0.1338% | 4h | 0.07808 | −0.013% | — | $1.7M | — | as long as short |
Bybit ARCUSDT
BingX ARC-USDT