Funding you earn now, next payment 04:00 UTC+0.0778%/8h= +85.2% APRnext payment +$3.89 per $10,000 · paid last 24h +0.072%
Price spread now: BingX against Gate−0.483%7-day average −0.383% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,244as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,271as in the Price arb table
costs, in and out, $10k−$2,26122.610% of the position
Funding, last 7 days+0.166%+$17 on $10k
+Price spread, last 4 days (all we have)+0.200%+$20 · spread now −0.483%, 7d avg −0.383%
=Funding pays, the price is against you. BingX is 0.100% cheaper against Gate than usual: you would sell low and buy high (spread −0.483% now, against its 7-day average of −0.383%). If the spread goes back, that is −$10 on $10k: about 10 hours of funding at the current rate (+$23 a day). At the pace of the last 7 days (+0.166% in total) that is about 4.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.166% in total (about 8.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.89 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 ARX_USDT | 0.2070 | 0.0480 | pay 0.0240% / 4h | 2h 10m | $1.0M | $418K | 20x |
| Short | BingX ARX-USDT | 0.2060 | 0.1258 | get 0.0629% / 4h | 2h 10m | — | $1.7M | — |
Gate ARX_USDT
BingX ARX-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $163.38
- Price spread: −0.483% → −0.383%
- −$9.99
- Slippage, 4 orders
- −$2,236.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$2,107.64
- Costs to cover
- 22.610%
- Break-even
- 97.3 days
Slippage from Gate: live order book, 2 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, 2 min ago | 9.67 bp | 1825.0 bp −$1,825 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 7.30 bp | 44.5 bp −$44 | 161.3 bp −$1,613 | doesn't fit | doesn't fit |
ARX on 9 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 ARXUSDTM | +0.0100% | 4h | 0.2058 | −0.570% | $726K | $774K | 20x | as long as short |
| Bitget ARXUSDT | +0.0100% | 4h | 0.2058 | −0.570% | $2.0M | $1.7M | 20x | as long as short |
| Gate ARX_USDTlong | +0.0480% | 4h | 0.2070 | long leg | $1.0M | $418K | 20x | |
| MEXC ARX_USDT | +0.0616% | 4h | 0.2057 | −0.628% | $907K | $424K | 20x | as long as short |
| Binance ARXUSDT | +0.0630% | 4h | 0.2059 | −0.542% | $5.5M | $11.2M | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0701% | 4h | 0.2061 | −0.435% | $750K | $3.1M | 20x | as long as short |
| Aster ARXUSDT | +0.0894% | 4h | 0.2052 | −0.874% | $78K | $96K | 10x | as long as short |
| BingX ARX-USDTshort | +0.1258% | 4h | 0.2060 | −0.483% | — | $1.7M | — | |
| Bybit ARXUSDT | +0.1313% | 4h | 0.2061 | −0.435% | $4.2M | $2.3M | 20x | as long as short |
KuCoin ARXUSDTM
Bitget ARXUSDT
MEXC ARX_USDT
Binance ARXUSDT
OKX ARX-USDT-SWAP
Aster ARXUSDT
Bybit ARXUSDT