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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARC_USDT | 0.07836 | 0.0100 | pay 0.0050% / 4h | 45m 34s | $3.0M | $227K | 20x |
| Short | BingX ARC-USDT | 0.07837 | 0.1270 | get 0.0635% / 4h | 45m 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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 2 min ago | 15.94 bp | 226.9 bp −$227 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 5.11 bp | 38.5 bp −$39 | 154.2 bp −$1,542 | 546.5 bp −$54.7K | 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 | 0.07829 | −0.093% | $38K | $6K | 3x | as long as short |
| Gate ARC_USDTlong | +0.0100% | 4h | 0.07836 | long leg | $3.0M | $227K | 20x | |
| SunX ARC-USDT | +0.0100% | 4h | 0.07825 | −0.140% | $2K | $1.5M | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0140% | 4h | 0.07838 | +0.027% | $1.3M | $1.8M | 20x | as long as short |
| Aster ARCUSDT | +0.0172% | 4h | 0.07811 | −0.325% | $19K | $15K | 5x | as long as short |
| Binance ARCUSDT | +0.0515% | 4h | 0.07839 | +0.038% | $24.3M | $6.9M | 20x | as long as short |
| BloFin ARC-USDT | +0.0517% | 4h | 0.07846 | +0.128% | $1.2M | $41K | 20x | as long as short |
| Extended ARC-USD | +0.0520% | 1h | 0.07837 | +0.014% | $29K | $193K | 5x | as long as short |
| Bitget ARCUSDT | +0.0996% | 4h | 0.07840 | +0.051% | $1.7M | $522K | 10x | as long as short |
| Bybit ARCUSDT | +0.1247% | 4h | 0.07830 | −0.077% | $2.8M | $4.6M | 13x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARC-USDTshort | +0.1270% | 4h | 0.07837 | +0.013% | — | $1.7M | — | |
| Kraken Futures PF_ARCUSD | +0.1483% | 1h | 0.07804 | −0.414% | $53K | $85K | 20x | as long as short |
Gate ARC_USDT
BingX ARC-USDT
Lighter ARC
SunX ARC-USDT
KuCoin ARCUSDTM
Aster ARCUSDT
Binance ARCUSDT
BloFin ARC-USDT
Extended ARC-USD
Bitget ARCUSDT
Bybit ARCUSDT
Kraken Futures PF_ARCUSD