Funding you earn now, next payment 08:00 UTC−0.0167%/8h= −18.2% APRnext payment −$0.83 per $10,000 · paid last 24h −0.074%
Price spread now: BloFin against BingX+0.089%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1741.742% of the position
Funding, last 7 days−0.108%−$11 on $10k
+Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.089%, 7d avg +0.055%
=The price spread pays, funding is against you. BloFin is 0.035% dearer against BingX than usual: you sell high and buy low (spread +0.089% now, against its 7-day average of +0.055%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 7 days (−0.108% in total) that is about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARC-USDT | 0.07824 | 0.0546 | pay 0.0273% / 4h | 1h 05m | — | $1.7M | — |
| Short | BloFin ARC-USDT | 0.07831 | 0.0379 | get 0.0190% / 4h | 1h 05m | $1.2M | $37K | 20x |
BingX ARC-USDT
BloFin ARC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$35
- Price spread: +0.089% → +0.055%
- $3.48
- Slippage, 4 orders
- −$152.2
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$205.72
- Costs to cover
- 1.742%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 min ago; BloFin: live order book, 2 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 | 4.46 bp | 35.8 bp −$36 | 134.9 bp −$1,349 | 645.7 bp −$64.6K | 938.4 bp −$469.2K |
| Sell BloFin live order book, 2 min ago | 1.91 bp | 41.2 bp −$41 | 90.0 bp −$900 | 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 | 0.07819 | −0.060% | $38K | $6K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07820 | −0.051% | $3.0M | $213K | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0100% | 4h | 0.07850 | +0.331% | $1.3M | $1.6M | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07815 | −0.115% | $2K | $1.4M | 20x | as long as short |
| Bybit ARCUSDT | +0.0102% | 4h | 0.07814 | −0.128% | $2.8M | $4.3M | 13x | as long as short |
| Aster ARCUSDT | +0.0314% | 4h | 0.07821 | −0.034% | $19K | $14K | 5x | as long as short |
| Extended ARC-USD | +0.0368% | 1h | 0.07827 | +0.034% | $29K | $197K | 5x | as long as short |
| Binance ARCUSDT | +0.0370% | 4h | 0.07829 | +0.064% | $24.3M | $6.3M | 20x | as long as short |
| BloFin ARC-USDTshort | +0.0379% | 4h | 0.07831 | +0.089% | $1.2M | $37K | 20x | |
| Bitget ARCUSDT | +0.0538% | 4h | 0.07822 | −0.026% | $1.7M | $481K | 10x | as long as short |
Lighter ARC
Gate ARC_USDT
KuCoin ARCUSDTM
SunX ARC-USDT
Bybit ARCUSDT
Aster ARCUSDT
Extended ARC-USD
Binance ARCUSDT
Bitget ARCUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARC-USDTlong | +0.0546% | 4h | 0.07824 | long leg | — | $1.7M | — | |
| Kraken Futures PF_ARCUSD | +0.0605% | 1h | 0.07800 | −0.308% | $53K | $82K | 20x | as long as short |
Kraken Futures PF_ARCUSD