Funding you earn now, next payment 00:00 UTC−0.1772%/8h= −194.0% APRnext payment −$8.86 per $10,000 · paid last 24h −0.579%
Price spread now: Bitget against BingX+0.194%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1251.248% of the position
Funding, last 7 days−0.381%−$38 on $10k
+Price spread, last 4 days (all we have)−0.194%−$19 · spread now +0.194%, 7d avg +0.001%
=The price spread pays, funding is against you. Bitget is 0.193% dearer against BingX than usual: you sell high and buy low (spread +0.194% now, against its 7-day average of +0.001%): +$19 on $10k if it goes back. Holding the pair costs −$53 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.381% in total) that is about 3.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.381% in total (about -19.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.86 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 | BingX ARK-USDT | 0.1544 | 0.1872 | pay 0.0936% / 4h | 1h 02m | — | $2.4M | — |
| Short | Bitget ARKUSDT | 0.1547 | 0.0100 | get 0.0050% / 4h | 1h 02m | $401K | $294K | 25x |
BingX ARK-USDT
Bitget ARKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BingX. 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
- −$372.12
- Price spread: +0.194% → +0.001%
- $19.33
- Slippage, 4 orders
- −$102.75
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$477.54
- Costs to cover
- 1.248%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; Bitget: live order book, 8 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 BingX live order book, 11 min ago | 9.73 bp | 27.5 bp −$27 | 67.2 bp −$672 | 417.4 bp −$41.7K | 484.4 bp −$242.2K |
| Sell Bitget live order book, 8 min ago | 6.49 bp | 23.6 bp −$24 | 128.8 bp −$1,288 | doesn't fit | doesn't fit |
ARK on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ARK_USDT | −0.0645% | 8h | 0.1545 | +0.065% | $195K | $129K | 25x | as long as short |
| KuCoin ARKUSDTM | −0.0070% | 4h | 0.1544 | 0.000% | $781K | $38K | 30x | as long as short |
| Binance ARKUSDT | +0.0100% | 4h | 0.1548 | +0.259% | $3.4M | $3.8M | 40x | as long as short |
| MEXC ARK_USDT | +0.0100% | 4h | 0.1548 | +0.259% | $507K | $168K | 20x | as long as short |
| Bitget ARKUSDTshort | +0.0100% | 4h | 0.1547 | +0.194% | $401K | $294K | 25x | |
| BingX ARK-USDTlong | +0.1872% | 4h | 0.1544 | long leg | — | $2.4M | — | |
| Bybit ARKUSDT | +0.1986% | 4h | 0.1536 | −0.505% | $1.3M | $1.0M | 25x | as long as short |
| Variational Omni ARK | +0.2928% | 4h | 0.1534 | −0.664% | $19K | $16K | — | as long as short |
Gate ARK_USDT
KuCoin ARKUSDTM
Binance ARKUSDT
MEXC ARK_USDT
Bybit ARKUSDT
Variational Omni ARK