AR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.29 per $10,000 · paid last 24h +0.007%

Price spread now: BloFin against Gate−0.260%48s7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$169as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1821.816% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.128%+$13 on $10k

Price spread, last 3 days (all we have)+0.497%+$50 · spread now −0.260%, 7d avg −0.005%

Together, before fees+0.625%+$62 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.255% cheaper against Gate than usual: you would sell low and buy high (spread −0.260% now, against its 7-day average of −0.005%). If the spread goes back, that is −$25 on $10k: about 29 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.128% in total) that is about 14 days. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AR_USDT	4.6180	0.0100	pay 0.0100% / 8h	26m 15s	$2.6M	$2.3M	50x
Short	BloFin AR-USDT	4.6060	0.0129	get 0.0129% / 8h	26m 15s	$437K	$678K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.260%Rate

Funding earned: $6.07
Price spread: −0.260% → −0.005%: −$25.46
Slippage, 4 orders: −$154.59
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$200.97
Costs to cover: 1.816%
Break-even: 238.6 days

Slippage from Gate: live order book, 2 min ago; BloFin: live order book, 50 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	5.43 bp	78.5 bp −$78	350.7 bp −$3,507	doesn't fit	doesn't fit
Sell BloFin live order book, 50 min ago	6.57 bp	15.1 bp −$15	41.6 bp −$416	doesn't fit	doesn't fit

AR on 17 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
Kraken Futures PF_ARUSD	−0.1951%	1h	4.6126	−0.118%	$52K	$163K	20x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0140% / S +0.0551%	1h	4.6180	0.000%	$593K	—	50x	as long as short
OKX AR-USDT-SWAP	−0.0030%	8h	4.6090	−0.195%	$2.4M	$21.0M	20x	as long as short
Binance ARUSDT	+0.0031%	8h	4.6147	−0.071%	$9.2M	$55.6M	75x	as long as short
Extended AR-USD	+0.0032%	1h	4.6131	−0.107%	$38K	$237K	10x	as long as short
MEXC AR_USDT	+0.0032%	8h	4.6130	−0.108%	$6.8M	$4.5M	100x	as long as short
Injective AR/USDC PERP	+0.0033%	1h	4.5720	−0.996%	$3K	$339	5.5x	as long as short
Hyperliquid AR	+0.0100%	1h	4.6232	+0.113%	$4.1M	$4.9M	5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.6139	−0.090%	$20K	$611K	10x	as long as short
Bybit ARUSDT	+0.0100%	8h	4.6112	−0.147%	$4.6M	$8.9M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate AR_USDTlong	+0.0100%	8h	4.6180	long leg	$2.6M	$2.3M	50x
KuCoin ARUSDTM	+0.0100%	8h	4.6190	+0.022%	$1.4M	$1.2M	50x	as long as short
Bitget ARUSDT	+0.0100%	8h	4.6120	−0.130%	$3.9M	$5.7M	75x	as long as short
BingX AR-USDT	+0.0100%	8h	4.6160	−0.043%	—	$2.9M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.6130	−0.109%	$140K	$172K	—	as long as short
ApeX Omni ARUSDT	+0.0100%	1h	4.5970	−0.455%	$58K	$746K	50x	as long as short
BloFin AR-USDTshort	+0.0129%	8h	4.6060	−0.260%	$437K	$678K	20x