Funding you earn now, next payment 04:00 UTC−0.0703%/8h= −77.0% APRnext payment −$3.52 per $10,000 · paid last 24h −0.048%
Price spread now: Binance against BingX+0.025%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs−$214as in the Price arb table
costs, in and out, $10k−$2092.089% of the position
Funding, last 7 days−0.077%−$8 on $10k
+Price spread, last 7 days+0.062%+$6 · spread now +0.025%, 7d avg +0.077%
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Binance is 0.052% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.077%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.077% in total (about -4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.52 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 ARC-USDT | 0.07923 | 0.1168 | pay 0.0584% / 4h | 1h 35m | — | $1.7M | — |
| Short | Binance ARCUSDT | 0.07925 | 0.0465 | get 0.0232% / 4h | 1h 35m | $24.6M | $6.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$147.7
- Price spread: +0.025% → +0.077%
- −$5.17
- Slippage, 4 orders
- −$188.95
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$361.81
- Costs to cover
- 2.089%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 min ago; Binance: 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 BingX live order book, 12 min ago | 5.73 bp | 41.9 bp −$42 | 146.9 bp −$1,469 | 596.6 bp −$59.7K | 879.4 bp −$439.7K |
| Sell Binance live order book, 6 min ago | 3.81 bp | 58.8 bp −$59 | 199.4 bp −$1,994 | doesn't fit | doesn't fit |
ARC on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARC | +0.0096% | 1h | 0.07911 | −0.154% | $38K | $6K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07917 | −0.076% | $3.1M | $231K | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07908 | −0.189% | $2K | $1.5M | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0160% | 4h | 0.07931 | +0.103% | $1.3M | $1.8M | 20x | as long as short |
| BloFin ARC-USDT | +0.0413% | 4h | 0.07865 | −0.732% | $1.2M | $43K | 20x | as long as short |
| Aster ARCUSDT | +0.0444% | 4h | 0.07899 | −0.303% | $19K | $15K | 5x | as long as short |
| Extended ARC-USD | +0.0448% | 1h | 0.07919 | −0.052% | $33K | $194K | 5x | as long as short |
| Binance ARCUSDTshort | +0.0465% | 4h | 0.07925 | +0.025% | $24.6M | $6.9M | 20x | |
| Kraken Futures PF_ARCUSD | +0.0821% | 1h | 0.07876 | −0.595% | $54K | $85K | 20x | as long as short |
| Bitget ARCUSDT | +0.0928% | 4h | 0.07927 | +0.050% | $1.7M | $524K | 10x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARC-USDTlong | +0.1168% | 4h | 0.07923 | long leg | — | $1.7M | — | |
| Bybit ARCUSDT | +0.1518% | 4h | 0.07917 | −0.076% | $2.8M | $4.5M | 13x | as long as short |
BingX ARC-USDT
Binance ARCUSDT
Lighter ARC
Gate ARC_USDT
SunX ARC-USDT
KuCoin ARCUSDTM
BloFin ARC-USDT
Aster ARCUSDT
Extended ARC-USD
Kraken Futures PF_ARCUSD
Bitget ARCUSDT
Bybit ARCUSDT