Funding you earn now, next payment 00:00 UTC−0.0288%/8h= −31.5% APRnext payment −$1.44 per $10,000 · paid last 24h −0.021%
Price spread now: Gate against BingX+0.448%7-day average +0.384% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,292as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,271as in the Price arb table
costs, in and out, $10k−$1,27712.770% of the position
Funding, last 7 days−0.150%−$15 on $10k
+Price spread, last 4 days (all we have)−0.299%−$30 · spread now +0.448%, 7d avg +0.384%
=The price spread pays, funding is against you. Gate is 0.064% dearer against BingX than usual: you sell high and buy low (spread +0.448% now, against its 7-day average of +0.384%): +$6 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 18 hours. At the pace of the last 7 days (−0.150% in total) that is about 3.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.150% in total (about -7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.44 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 ARX-USDT | 0.2009 | 0.0388 | pay 0.0194% / 4h | 1h 49m | — | $1.7M | — |
| Short | Gate ARX_USDT | 0.2018 | 0.0100 | get 0.0050% / 4h | 1h 49m | $1.0M | $428K | 20x |
BingX ARX-USDT
Gate ARX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$60.48
- Price spread: +0.448% → +0.384%
- $6.35
- Slippage, 4 orders
- −$1,251.99
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,331.12
- Costs to cover
- 12.770%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 min ago; Gate: live order book, 2 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, 12 min ago | 9.92 bp | 41.1 bp −$41 | 208.8 bp −$2,088 | 1256.3 bp −$125.6K | 1509.5 bp −$754.8K |
| Sell Gate live order book, 2 min ago | 9.91 bp | 392.1 bp −$392 | doesn't fit | doesn't fit | doesn't fit |
ARX on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARX-USDT | +0.0090% | 4h | 0.2010 | +0.050% | $236K | $51K | 20x | as long as short |
| Gate ARX_USDTshort | +0.0100% | 4h | 0.2018 | +0.448% | $1.0M | $428K | 20x | |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2008 | −0.035% | $714K | $661K | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0126% | 4h | 0.2010 | +0.050% | $714K | $2.9M | 20x | as long as short |
| Bybit ARXUSDT | +0.0195% | 4h | 0.2010 | +0.050% | $4.0M | $2.3M | 20x | as long as short |
| Bitget ARXUSDT | +0.0240% | 4h | 0.2011 | +0.100% | $1.9M | $1.7M | 20x | as long as short |
| Binance ARXUSDT | +0.0369% | 4h | 0.2008 | −0.050% | $5.5M | $11.0M | 20x | as long as short |
| MEXC ARX_USDT | +0.0380% | 4h | 0.2007 | −0.100% | $862K | $400K | 20x | as long as short |
| BingX ARX-USDTlong | +0.0388% | 4h | 0.2009 | long leg | — | $1.7M | — | |
| Aster ARXUSDT | +0.0658% | 4h | 0.2010 | +0.061% | $101K | $72K | 10x | as long as short |
BloFin ARX-USDT
KuCoin ARXUSDTM
OKX ARX-USDT-SWAP
Bybit ARXUSDT
Bitget ARXUSDT
Binance ARXUSDT
MEXC ARX_USDT
Aster ARXUSDT