Funding you earn now, next payment 08:00 UTC−0.0499%/8h= −54.6% APRnext payment −$2.49 per $10,000 · paid last 24h +0.052%
Price spread now: BloFin against Bitget+0.543%105s7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$147as 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−$1721.723% of the position
Funding, last 7 days+0.255%+$25 on $10k
+Price spread, last 4 days (all we have)−0.436%−$44 · spread now +0.543%, 7d avg +0.073%
=The price spread pays, funding is against you. BloFin is 0.470% dearer against Bitget than usual: you sell high and buy low (spread +0.543% now, against its 7-day average of +0.073%): +$47 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 3.1 days. Mind the row above: over the last 7 days funding on this pair paid +0.255%, so the current rate has only just turned against you. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.255% in total (about 13.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.49 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 | Bitget ARCUSDT | 0.07735 | 0.1044 | pay 0.0522% / 4h | 3h 49m | $1.7M | $512K | 10x |
| Short | BloFin ARC-USDT | 0.07777 | 0.0545 | get 0.0273% / 4h | 3h 49m | $1.2M | $39K | 20x |
Bitget ARCUSDT
BloFin ARC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$104.77
- Price spread: +0.543% → +0.073%
- $46.97
- Slippage, 4 orders
- −$148.28
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$230.08
- Costs to cover
- 1.723%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 3 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, 2 min ago | 6.42 bp | 42.1 bp −$42 | 380.1 bp −$3,801 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 1.28 bp | 48.6 bp −$49 | 103.1 bp −$1,031 | 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 | 0.07727 | −0.110% | $37K | $6K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07737 | +0.026% | $3.0M | $211K | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0100% | 4h | 0.07763 | +0.363% | $1.3M | $1.8M | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07761 | +0.336% | $1K | $1.4M | 20x | as long as short |
| Aster ARCUSDT | +0.0258% | 4h | 0.07707 | −0.365% | $18K | $15K | 5x | as long as short |
| Bybit ARCUSDT | +0.0274% | 4h | 0.07712 | −0.297% | $2.8M | $4.6M | 13x | as long as short |
| BloFin ARC-USDTshort | +0.0545% | 4h | 0.07777 | +0.543% | $1.2M | $39K | 20x | |
| Extended ARC-USD | +0.0608% | 1h | 0.07720 | −0.190% | $29K | $198K | 5x | as long as short |
| Binance ARCUSDT | +0.0615% | 4h | 0.07742 | +0.093% | $24.0M | $6.8M | 20x | as long as short |
| Kraken Futures PF_ARCUSD | +0.0761% | 1h | 0.07738 | +0.039% | $53K | $85K | 20x | as long as short |
Lighter ARC
Gate ARC_USDT
KuCoin ARCUSDTM
SunX ARC-USDT
Aster ARCUSDT
Bybit ARCUSDT
Extended ARC-USD
Binance ARCUSDT
Kraken Futures PF_ARCUSDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARC-USDT | +0.0978% | 4h | 0.07737 | +0.026% | — | $1.7M | — | as long as short |
| Bitget ARCUSDTlong | +0.1044% | 4h | 0.07735 | long leg | $1.7M | $512K | 10x |
BingX ARC-USDT