Settings8H · net · $10k
Funding arb · Price arb /

ARC

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.1170%/8h= +128.1% APRnext payment +$5.85 per $10,000 · paid last 24h +0.259%
Price spread now: BingX against Gate+0.013%7-day average +0.137% · you sell dearer than you buy
Net, funding: paid 7d − costs−$469as in the Funding arb table
Net, price: spread back to 7d avg − costs−$533as in the Price arb table
costs, in and out, $10k−$5205.202% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.512%+$51 on $10k
Price spread, last 7 days+0.270%+$27 · spread now +0.013%, 7d avg +0.137%
Together, before fees+0.782%+$78 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.124% cheaper against Gate than usual: you would sell low and buy high (spread +0.013% now, against its 7-day average of +0.137%). If the spread goes back, that is −$12 on $10k: about 8 hours of funding at the current rate (+$35 a day). At the pace of the last 7 days (+0.512% in total) that is about 41 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.512% in total (about 26.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.85 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ARC_USDT0.078360.0100pay 0.0050% / 4h45m 34s$3.0M$227K20x
ShortBingX ARC-USDT0.078370.1270get 0.0635% / 4h45m 34s$1.7M

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$245.7
Price spread: +0.013% → +0.137%
−$12.43
Slippage, 4 orders
−$495.21
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$286.94
Costs to cover
5.202%
Break-even
15.2 days
Slippage from Gate: live order book, 2 min ago; BingX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 2 min ago15.94 bp226.9 bp −$227doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 2 min ago5.11 bp38.5 bp −$39154.2 bp −$1,542546.5 bp −$54.7Kdoesn't fit

ARC on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ARC+0.0096%1h0.07829−0.093%$38K$6K3xas long as short
Gate ARC_USDTlong+0.0100%4h0.07836long leg$3.0M$227K20x
SunX ARC-USDT+0.0100%4h0.07825−0.140%$2K$1.5M20xas long as short
KuCoin ARCUSDTM+0.0140%4h0.07838+0.027%$1.3M$1.8M20xas long as short
Aster ARCUSDT+0.0172%4h0.07811−0.325%$19K$15K5xas long as short
Binance ARCUSDT+0.0515%4h0.07839+0.038%$24.3M$6.9M20xas long as short
BloFin ARC-USDT+0.0517%4h0.07846+0.128%$1.2M$41K20xas long as short
Extended ARC-USD+0.0520%1h0.07837+0.014%$29K$193K5xas long as short
Bitget ARCUSDT+0.0996%4h0.07840+0.051%$1.7M$522K10xas long as short
Bybit ARCUSDT+0.1247%4h0.07830−0.077%$2.8M$4.6M13xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ARC-USDTshort+0.1270%4h0.07837+0.013%$1.7M
Kraken Futures PF_ARCUSD+0.1483%1h0.07804−0.414%$53K$85K20xas long as short