Funding you earn now, next payment 08:00 UTC−0.5546%/8h= −607.3% APRpaid last 24h −0.790%
Price spread now: Gate against BingX−0.130%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$300as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$1891.893% of the position
Funding, last 7 days−1.103%−$110 on $10k
+Price spread, last 4 days (all we have)+0.200%+$20 · spread now −0.130%, 7d avg −0.068%
=Both sides work against this trade now: funding costs −$166 a day on $10k at the current rate, and Gate is 0.061% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.068%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.103% in total (about -57.5% a year). A funding rate is set anew for every payment. 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 | BingX ARK-USDT | 0.1542 | 0.5646 | pay 0.2823% / 4h | 3h 55m | — | $2.4M | — |
| Short | Gate ARK_USDT | 0.1540 | 0.0100 | get 0.0100% / 8h | 3h 55m | $193K | $129K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$1,164.66
- Price spread: −0.130% → −0.068%
- −$6.13
- Slippage, 4 orders
- −$164.31
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,360.1
- Costs to cover
- 1.893%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Gate: live order book, 56 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, 4 min ago | 9.74 bp | 29.4 bp −$29 | 94.3 bp −$943 | 448.5 bp −$44.8K | 496.1 bp −$248.1K |
| Sell Gate live order book, 56 min ago | 3.24 bp | 59.7 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
ARK on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ARKUSDT | +0.0100% | 4h | 0.1543 | +0.065% | $3.4M | $4.1M | 40x | as long as short |
| Gate ARK_USDTshort | +0.0100% | 8h | 0.1540 | −0.130% | $193K | $129K | 25x | |
| MEXC ARK_USDT | +0.0100% | 4h | 0.1543 | +0.065% | $485K | $152K | 20x | as long as short |
| KuCoin ARKUSDTM | +0.0100% | 4h | 0.1540 | −0.130% | $796K | $42K | 30x | as long as short |
| Bitget ARKUSDT | +0.0100% | 4h | 0.1544 | +0.130% | $398K | $256K | 25x | as long as short |
| Variational Omni ARK | +0.0627% | 4h | 0.1535 | −0.429% | $19K | $5K | — | as long as short |
| Bybit ARKUSDT | +0.1147% | 4h | 0.1537 | −0.318% | $1.3M | $1.0M | 25x | as long as short |
| BingX ARK-USDTlong | +0.5646% | 4h | 0.1542 | long leg | — | $2.4M | — |
BingX ARK-USDT
Gate ARK_USDT
Binance ARKUSDT
MEXC ARK_USDT
KuCoin ARKUSDTM
Bitget ARKUSDT
Variational Omni ARK
Bybit ARKUSDT