Funding you earn now, next payment 00:00 UTC+0.0200%/8h= +21.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.137%
Price spread now: BingX against Bitget−0.052%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1861.862% of the position
Funding, last 7 days+0.329%+$33 on $10k
+Price spread, last 7 days−0.005%−$1 · spread now −0.052%, 7d avg +0.022%
=Funding pays, the price is against you. BingX is 0.075% cheaper against Bitget than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of +0.022%). If the spread goes back, that is −$7 on $10k: about 30 hours of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ARCUSDT | 0.07667 | 0.0506 | pay 0.0253% / 4h | 1h 32m | $1.6M | $543K | 10x |
| Short | BingX ARC-USDT | 0.07663 | 0.0706 | get 0.0353% / 4h | 1h 32m | — | $1.7M | — |
Bitget ARCUSDT
BingX ARC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- $42
- Price spread: −0.052% → +0.022%
- −$7.46
- Slippage, 4 orders
- −$164.15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$151.61
- Costs to cover
- 1.862%
- Break-even
- 32.3 days
Slippage from Bitget: live order book, 4 min ago; BingX: live order book, 15 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 Bitget live order book, 4 min ago | 9.79 bp | 45.4 bp −$45 | 441.2 bp −$4,412 | doesn't fit | doesn't fit |
| Sell BingX live order book, 15 min ago | 4.49 bp | 32.5 bp −$32 | 155.9 bp −$1,559 | 515.8 bp −$51.6K | 894.6 bp −$447.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARCUSD | −0.0086% | 1h | 0.07616 | −0.660% | $49K | $83K | 20x | as long as short |
| Lighter ARC | +0.0096% | 1h | 0.07642 | −0.322% | $42K | $2K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07661 | −0.078% | $3.0M | $329K | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07657 | −0.130% | $1K | $1.5M | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0356% | 4h | 0.07655 | −0.154% | $1.2M | $1.8M | 20x | as long as short |
| BloFin ARC-USDT | +0.0440% | 4h | 0.07656 | −0.143% | $1.2M | $58K | 20x | as long as short |
| Extended ARC-USD | +0.0496% | 1h | 0.07666 | −0.018% | $29K | $118K | 5x | as long as short |
| Binance ARCUSDT | +0.0499% | 4h | 0.07664 | −0.035% | $23.7M | $7.3M | 20x | as long as short |
| Bitget ARCUSDTlong | +0.0506% | 4h | 0.07667 | long leg | $1.6M | $543K | 10x | |
| BingX ARC-USDTshort | +0.0706% | 4h | 0.07663 | −0.052% | — | $1.7M | — |
Kraken Futures PF_ARCUSD
Lighter ARC
Gate ARC_USDT
SunX ARC-USDT
KuCoin ARCUSDTM
BloFin ARC-USDT
Extended ARC-USD
Binance ARCUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARCUSDT | +0.0719% | 4h | 0.07653 | −0.183% | $2.6M | $4.4M | 13x | as long as short |
| Aster ARCUSDT | +0.0969% | 4h | 0.07671 | +0.054% | $19K | $16K | 5x | as long as short |
Bybit ARCUSDT
Aster ARCUSDT