Funding you earn now, next payment 16:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.95 per $10,000 · paid last 24h +0.014%
Price spread now: BingX against Gate−0.042%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$670.670% of the position
Funding, last 7 days+0.094%+$9 on $10k
+Price spread, last 7 days−0.020%−$2 · spread now −0.042%, 7d avg −0.074%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.033% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARB_USDT | 0.2168 | 0.0005 | pay 0.0005% / 8h | 5h 29m | $5.5M | $16.5M | 60x |
| Short | BingX ARB-USDC | 0.2167 | 0.0100 | get 0.0100% / 8h | 5h 29m | — | $6.5M | — |
Gate ARB_USDT
BingX ARB-USDCFunding 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
- $19.95
- Price spread: −0.042% → −0.074%
- $3.29
- Slippage, 4 orders
- −$41.98
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$43.74
- Costs to cover
- 0.670%
- Break-even
- 22.3 days
Slippage from Gate: live order book, 2 min ago; BingX: live order book, 14 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 | 1.38 bp | 16.0 bp −$16 | 30.4 bp −$304 | 90.8 bp −$9,075 | doesn't fit |
| Sell BingX live order book, 14 min ago | 2.75 bp | 17.0 bp −$17 | 33.9 bp −$339 | 86.5 bp −$8,648 | 594.0 bp −$297.0K |
ARB on 36 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1736% | 1h | 0.2180 | +0.563% | $39K | $372K | 12x | as long as short |
| Bybit ARBUSDT | −0.0233% | 8h | 0.2167 | −0.023% | $53.5M | $120.9M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0232% | 1h | 0.2168 | +0.032% | $1.1M | $3.9M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0176% | 1h | 0.2168 | +0.014% | $7K | $414 | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0154% | 8h | 0.2167 | −0.032% | $22.6M | $139.6M | 50x | as long as short |
| MEXC ARB_USDT | −0.0154% | 8h | 0.2167 | −0.046% | $44.4M | $61.6M | 200x | as long as short |
| SoDEX ARB-USD | −0.0154% | 1h | 0.2168 | +0.018% | $9K | $2.2M | 5x | as long as short |
| Polymarket Perps ARB-USD | −0.0142% | 1h | 0.2169 | +0.037% | $70K | $1.9M | 10x | as long as short |
| Variational Omni ARB | −0.0061% | 8h | 0.2167 | −0.030% | $1.8M | $2.6M | — | as long as short |
| Binance ARBUSDT | −0.0050% | 8h | 0.2168 | +0.009% | $63.8M | $286.2M | 75x | as long as short |
Injective ARB/USDC PERP
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Polymarket Perps ARB-USD
Variational Omni ARB
Binance ARBUSDTShow all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended ARB-USD | −0.0048% | 1h | 0.2166 | −0.083% | $360K | $3.0M | 25x | as long as short |
| Orderly PERP_ARB_USDC | −0.0015% | 8h | 0.2169 | +0.055% | $16K | $402K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2169 | +0.076% | $63K | $3K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2170 | +0.088% | $29K | $36K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2170 | +0.121% | $72K | — | 150x | as long as short |
| Gate ARB_USDTlong | +0.0005% | 8h | 0.2168 | long leg | $5.5M | $16.5M | 60x | |
| Phemex ARBUSDT | +0.0064% | 8h | 0.2168 | +0.009% | $4.6M | $12.5M | 50x | as long as short |
| BloFin ARB-USDT | +0.0071% | 8h | 0.2168 | +0.032% | $3.0M | $2.0M | 75x | as long as short |
| Aevo ARB-PERP | +0.0072% | 1h | 0.2169 | +0.078% | $138K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2168 | +0.023% | $1.3M | $5.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2169 | +0.074% | $35.4M | $49.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2170 | +0.088% | $620K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2170 | +0.090% | $54K | $155K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2169 | +0.051% | $18.8M | $13.2M | 75x | as long as short |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2167 | −0.037% | $20.8M | $33.1M | 50x | as long as short |
| BingX ARB-USDCshort | +0.0100% | 8h | 0.2167 | −0.042% | — | $6.5M | — | |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2172 | +0.173% | $39K | $466K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2171 | +0.145% | $471K | $3.3M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2178 | +0.471% | $118K | $311K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2172 | +0.194% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2172 | +0.198% | $293K | $794K | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0156% | 1h | 0.2171 | +0.161% | $967K | $2.7M | 20x | as long as short |
| RISEx ARB/USDC | +0.0271% | 1h | 0.2170 | +0.113% | $542K | $2.4M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0283% / S −0.0167% | 1h | 0.2170 | +0.085% | $841K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2167 | −0.018% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0424% | 1h | 0.2171 | +0.148% | $517K | $1.4M | 50x | as long as short |
Extended ARB-USD
Orderly PERP_ARB_USDC
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Phemex ARBUSDT
BloFin ARB-USDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
Bitget ARBUSDT
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Backpack ARB_USDC_PERP
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Coinbase International ARB-PERP-INTX