Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.33 per $10,000 · paid last 24h +0.026%
Price spread now: Bybit against Gate−0.286%7-day average −0.395% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,400as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,369as in the Price arb table
costs, in and out, $10k−$1,38013.801% of the position
Funding, last 7 days−0.197%−$20 on $10k
+Price spread, last 7 days−0.133%−$13 · spread now −0.286%, 7d avg −0.395%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bybit is 0.109% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.395%. Mind the row above: over the last 7 days funding on this pair cost −0.197%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARX_USDT | 0.2098 | 0.0100 | pay 0.0050% / 4h | 31m 45s | $1.1M | $437K | 20x |
| Short | Bybit ARXUSDT | 0.2092 | 0.0167 | get 0.0083% / 4h | 31m 45s | $4.2M | $2.4M | 20x |
Gate ARX_USDT
Bybit ARXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $13.99
- Price spread: −0.286% → −0.395%
- $10.89
- Slippage, 4 orders
- −$1,354.13
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,355.24
- Costs to cover
- 13.801%
- Break-even
- 684.9 days
Slippage from Gate: live order book, just now; Bybit: 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, just now | 9.52 bp | 725.6 bp −$726 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 4.78 bp | 127.5 bp −$128 | 1513.1 bp −$15.1K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ARX_USDTlong | +0.0100% | 4h | 0.2098 | long leg | $1.1M | $437K | 20x | |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2091 | −0.357% | $731K | $817K | 20x | as long as short |
| Bitget ARXUSDT | +0.0100% | 4h | 0.2094 | −0.181% | $2.0M | $1.8M | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0154% | 4h | 0.2091 | −0.334% | $743K | $3.3M | 20x | as long as short |
| BloFin ARX-USDT | +0.0158% | 4h | 0.2088 | −0.477% | $244K | $43K | 20x | as long as short |
| Bybit ARXUSDTshort | +0.0167% | 4h | 0.2092 | −0.286% | $4.2M | $2.4M | 20x | |
| Binance ARXUSDT | +0.0387% | 4h | 0.2091 | −0.334% | $5.6M | $11.6M | 20x | as long as short |
| MEXC ARX_USDT | +0.0406% | 4h | 0.2091 | −0.334% | $907K | $433K | 20x | as long as short |
| BingX ARX-USDT | +0.0428% | 4h | 0.2092 | −0.286% | — | $1.7M | — | as long as short |
| Aster ARXUSDT | +0.0637% | 4h | 0.2090 | −0.391% | $80K | $96K | 10x | as long as short |
KuCoin ARXUSDTM
Bitget ARXUSDT
OKX ARX-USDT-SWAP
BloFin ARX-USDT
Binance ARXUSDT
MEXC ARX_USDT
BingX ARX-USDT
Aster ARXUSDT