Funding you earn now, next payment 04:00 UTC+0.0954%/8h= +104.5% APRnext payment +$4.77 per $10,000 · paid last 24h +0.117%
Price spread now: Bitget against Gate+0.077%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$544as in the Funding arb table
Net, price: spread back to 7d avg − costs−$563as in the Price arb table
costs, in and out, $10k−$5595.593% of the position
Funding, last 7 days+0.149%+$15 on $10k
+Price spread, last 7 days+0.087%+$9 · spread now +0.077%, 7d avg +0.112%
=Funding pays, the price is against you. Bitget is 0.035% cheaper against Gate than usual: you would sell low and buy high (spread +0.077% now, against its 7-day average of +0.112%). If the spread goes back, that is −$4 on $10k: about 3 hours of funding at the current rate (+$29 a day). At the pace of the last 7 days (+0.149% in total) that is about 40 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.149% in total (about 7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.77 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 | 0.07827 | 0.0100 | pay 0.0050% / 4h | 6m 15s | $3.0M | $228K | 20x |
| Short | Bitget ARCUSDT | 0.07833 | 0.1054 | get 0.0527% / 4h | 6m 15s | $1.7M | $515K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $200.34
- Price spread: +0.077% → +0.112%
- −$3.52
- Slippage, 4 orders
- −$532.34
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$362.52
- Costs to cover
- 5.593%
- Break-even
- 19.7 days
Slippage from Gate: live order book, 2 min ago; Bitget: 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 Gate live order book, 2 min ago | 15.96 bp | 239.1 bp −$239 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 5.74 bp | 37.8 bp −$38 | 295.4 bp −$2,954 | 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 | 0.07823 | −0.047% | $38K | $6K | 3x | as long as short |
| Gate ARC_USDTlong | +0.0100% | 4h | 0.07827 | long leg | $3.0M | $228K | 20x | |
| KuCoin ARCUSDTM | +0.0100% | 4h | 0.07839 | +0.149% | $1.3M | $1.8M | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07819 | −0.102% | $2K | $1.4M | 20x | as long as short |
| Aster ARCUSDT | +0.0224% | 4h | 0.07819 | −0.103% | $19K | $15K | 5x | as long as short |
| Binance ARCUSDT | +0.0548% | 4h | 0.07831 | +0.051% | $24.3M | $6.8M | 20x | as long as short |
| Extended ARC-USD | +0.0552% | 1h | 0.07833 | +0.074% | $30K | $195K | 5x | as long as short |
| BloFin ARC-USDT | +0.0585% | 4h | 0.07833 | +0.077% | $1.2M | $39K | 20x | as long as short |
| Bitget ARCUSDTshort | +0.1054% | 4h | 0.07833 | +0.077% | $1.7M | $515K | 10x | |
| BingX ARC-USDT | +0.1128% | 4h | 0.07828 | +0.013% | — | $1.7M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARCUSDT | +0.1131% | 4h | 0.07814 | −0.166% | $2.8M | $4.6M | 13x | as long as short |
| Kraken Futures PF_ARCUSD | +0.1483% | 1h | 0.07804 | −0.297% | $53K | $85K | 20x | as long as short |
Gate ARC_USDT
Bitget ARCUSDT
Lighter ARC
KuCoin ARCUSDTM
SunX ARC-USDT
Aster ARCUSDT
Binance ARCUSDT
Extended ARC-USD
BloFin ARC-USDT
BingX ARC-USDT
Bybit ARCUSDT
Kraken Futures PF_ARCUSD