ARC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0922%/8h= +101.0% APRnext payment +$4.61 per $10,000 · paid last 24h +0.258%

Price spread now: BingX against Gate+0.065%7-day average +0.135% · you sell dearer than you buy

Net, funding: paid 7d − costs−$445as in the Funding arb table

Net, price: spread back to 7d avg − costs−$499as in the Price arb table

costs, in and out, $10k−$4924.920% of the position

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.469%+$47 on $10k

Price spread, last 7 days+0.030%+$3 · spread now +0.065%, 7d avg +0.135%

Together, before fees+0.500%+$50 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.070% cheaper against Gate than usual: you would sell low and buy high (spread +0.065% now, against its 7-day average of +0.135%). If the spread goes back, that is −$7 on $10k: about 6 hours of funding at the current rate (+$28 a day). At the pace of the last 7 days (+0.469% in total) that is about 25 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.469% in total (about 24.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.61 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	Gate ARC_USDT	0.07741	0.0100	pay 0.0050% / 4h	1h 41m	$3.0M	$327K	20x
Short	BingX ARC-USDT	0.07746	0.1022	get 0.0511% / 4h	1h 41m	—	$1.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee BingXbpOrdersPrice spread, now +0.065%Rate

Funding earned: $193.62
Price spread: +0.065% → +0.135%: −$7.02
Slippage, 4 orders: −$466.98
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$305.37
Costs to cover: 4.920%
Break-even: 18.0 days

Slippage from Gate: live order book, 1 min ago; BingX: 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 Gate live order book, 1 min ago	18.06 bp	213.2 bp −$213	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 6 min ago	4.49 bp	32.5 bp −$32	155.9 bp −$1,559	515.8 bp −$51.6K	894.6 bp −$447.3K

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	−0.0085%	1h	0.07717	−0.316%	$50K	$83K	20x	as long as short
Lighter ARC	+0.0096%	1h	0.07728	−0.168%	$42K	$2K	3x	as long as short
Gate ARC_USDTlong	+0.0100%	4h	0.07741	long leg	$3.0M	$327K	20x
SunX ARC-USDT	+0.0100%	4h	0.07730	−0.142%	$1K	$1.5M	20x	as long as short
KuCoin ARCUSDTM	+0.0460%	4h	0.07764	+0.301%	$1.3M	$1.8M	20x	as long as short
Bitget ARCUSDT	+0.0580%	4h	0.07745	+0.052%	$1.7M	$539K	10x	as long as short
Binance ARCUSDT	+0.0598%	4h	0.07749	+0.103%	$24.0M	$7.2M	20x	as long as short
Extended ARC-USD	+0.0600%	1h	0.07748	+0.089%	$30K	$118K	5x	as long as short
BloFin ARC-USDT	+0.0638%	4h	0.07750	+0.116%	$1.2M	$58K	20x	as long as short
Bybit ARCUSDT	+0.1015%	4h	0.07746	+0.065%	$2.6M	$4.3M	13x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ARC-USDTshort	+0.1022%	4h	0.07746	+0.065%	—	$1.7M	—
Aster ARCUSDT	+0.1089%	4h	0.07750	+0.115%	$19K	$16K	5x	as long as short