Funding you earn now, next payment 04:00 UTC−0.0432%/8h= −47.3% APRnext payment −$2.16 per $10,000 · paid last 24h −0.138%
Price spread now: Bitget against Binance−0.088%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1561.555% of the position
Funding, last 7 days−0.398%−$40 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now −0.088%, 7d avg −0.041%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Bitget is 0.047% cheaper against Binance than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.041%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARXUSDT | 0.2018 | 0.0554 | pay 0.0277% / 4h | 3h 09m | $5.4M | $11.2M | 20x |
| Short | Bitget ARXUSDT | 0.2016 | 0.0122 | get 0.0061% / 4h | 3h 09m | $1.9M | $1.7M | 20x |
Binance ARXUSDT
Bitget ARXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$90.68
- Price spread: −0.088% → −0.041%
- −$4.67
- Slippage, 4 orders
- −$133.5
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$250.85
- Costs to cover
- 1.555%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; Bitget: 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 Binance live order book, 15 min ago | 2.48 bp | 22.3 bp −$22 | 359.7 bp −$3,597 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 7.68 bp | 45.1 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
ARX on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ARX_USDT | +0.0100% | 4h | 0.2024 | +0.319% | $1.0M | $414K | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2013 | −0.241% | $712K | $752K | 20x | as long as short |
| Bitget ARXUSDTshort | +0.0122% | 4h | 0.2016 | −0.088% | $1.9M | $1.7M | 20x | |
| BloFin ARX-USDT | +0.0372% | 4h | 0.2016 | −0.078% | $236K | $48K | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0413% | 4h | 0.2019 | +0.071% | $728K | $3.0M | 20x | as long as short |
| MEXC ARX_USDT | +0.0552% | 4h | 0.2018 | +0.021% | $878K | $420K | 20x | as long as short |
| Binance ARXUSDTlong | +0.0554% | 4h | 0.2018 | long leg | $5.4M | $11.2M | 20x | |
| Aster ARXUSDT | +0.0725% | 4h | 0.2014 | −0.177% | $77K | $103K | 10x | as long as short |
| Bybit ARXUSDT | +0.1126% | 4h | 0.2019 | +0.071% | $4.1M | $2.3M | 20x | as long as short |
| BingX ARX-USDT | +0.1224% | 4h | 0.2017 | −0.028% | — | $1.7M | — | as long as short |
Gate ARX_USDT
KuCoin ARXUSDTM
BloFin ARX-USDT
OKX ARX-USDT-SWAP
MEXC ARX_USDT
Aster ARXUSDT
Bybit ARXUSDT
BingX ARX-USDT