Funding arb · Price arb /

ARK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0097%/8h= +10.6% APRpaid last 24h +0.145%

Price spread now: Bitget against Gate+0.196%7-day average +0.073% · you sell dearer than you buy

Net, funding: paid 7d − costs−$147as in the Funding arb table

Net, price: spread back to 7d avg − costs−$184as in the Price arb table

costs, in and out, $10k−$1961.959% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.489%+$49 on $10k

Price spread, last 4 days (all we have)−0.253%−$25 · spread now +0.196%, 7d avg +0.073%

Together, before fees+0.236%+$24 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bitget is 0.122% dearer against Gate than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.073%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ARK_USDT	0.1534	0.0003	pay 0.0003% / 8h	6h 51m	$194K	$133K	25x
Short	Bitget ARKUSDT	0.1537	0.0100	get 0.0050% / 4h	2h 51m	$401K	$262K	25x

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 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 BitgetbpOrdersPrice spread, now +0.196%Rate

Funding earned: $20.37
Price spread: +0.196% → +0.073%: $12.21
Slippage, 4 orders: −$168.86
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$163.28
Costs to cover: 1.959%
Break-even: 63.1 days

Slippage from Gate: live order book, 10 min ago; Bitget: live order book, 9 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, 10 min ago	6.50 bp	60.8 bp −$61	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 9 min ago	6.50 bp	40.0 bp −$40	216.3 bp −$2,163	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
KuCoin ARKUSDTM	−0.0226%	4h	0.1534	0.000%	$786K	$46K	30x	as long as short
Gate ARK_USDTlong	+0.0003%	8h	0.1534	long leg	$194K	$133K	25x
Binance ARKUSDT	+0.0100%	4h	0.1535	+0.086%	$3.4M	$4.2M	40x	as long as short
Bybit ARKUSDT	+0.0100%	4h	0.1527	−0.489%	$1.3M	$1.1M	25x	as long as short
MEXC ARK_USDT	+0.0100%	4h	0.1536	+0.130%	$486K	$156K	20x	as long as short
Bitget ARKUSDTshort	+0.0100%	4h	0.1537	+0.196%	$401K	$262K	25x
BingX ARK-USDT	+0.0100%	4h	0.1535	+0.065%	—	$2.4M	—	as long as short
Variational Omni ARK	+0.0432%	4h	0.1523	−0.726%	$19K	$16K	—	as long as short