Funding you earn now, next payment 00:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.14 per $10,000 · paid last 24h −0.102%
Price spread now: BloFin against Gate−0.198%7-day average −0.467% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,536as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,479as in the Price arb table
costs, in and out, $10k−$1,50615.062% of the position
Funding, last 7 days−0.298%−$30 on $10k
+Price spread, last 3 days (all we have)−0.283%−$28 · spread now −0.198%, 7d avg −0.467%
=The price spread pays, funding is against you. BloFin is 0.269% dearer against Gate than usual: you sell high and buy low (spread −0.198% now, against its 7-day average of −0.467%): +$27 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 32 days. At the pace of the last 7 days (−0.298% in total) that is about 6.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARX_USDT | 0.2023 | 0.0100 | pay 0.0050% / 4h | 1h 18m | $1.0M | $430K | 20x |
| Short | BloFin ARX-USDT | 0.2019 | 0.0072 | get 0.0036% / 4h | 1h 18m | $237K | $51K | 20x |
Gate ARX_USDT
BloFin ARX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$5.98
- Price spread: −0.198% → −0.467%
- $26.94
- Slippage, 4 orders
- −$1,479.25
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$1,485.29
- Costs to cover
- 15.062%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; BloFin: live order book, 57 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, 3 min ago | 7.42 bp | 1052.0 bp −$1,052 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 57 min ago | 4.93 bp | 27.2 bp −$27 | 158.9 bp −$1,589 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARX-USDTshort | +0.0072% | 4h | 0.2019 | −0.198% | $237K | $51K | 20x | |
| OKX ARX-USDT-SWAP | +0.0100% | 4h | 0.2017 | −0.297% | $724K | $2.9M | 20x | as long as short |
| Gate ARX_USDTlong | +0.0100% | 4h | 0.2023 | long leg | $1.0M | $430K | 20x | |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2012 | −0.554% | $697K | $683K | 20x | as long as short |
| Bitget ARXUSDT | +0.0206% | 4h | 0.2016 | −0.361% | $1.9M | $1.7M | 20x | as long as short |
| MEXC ARX_USDT | +0.0252% | 4h | 0.2014 | −0.445% | $865K | $403K | 20x | as long as short |
| Binance ARXUSDT | +0.0253% | 4h | 0.2015 | −0.373% | $5.5M | $11.0M | 20x | as long as short |
| BingX ARX-USDT | +0.0458% | 4h | 0.2016 | −0.346% | — | $1.7M | — | as long as short |
| Aster ARXUSDT | +0.0487% | 4h | 0.2012 | −0.520% | $101K | $73K | 10x | as long as short |
| Bybit ARXUSDT | +0.0527% | 4h | 0.2016 | −0.346% | $4.0M | $2.3M | 20x | as long as short |
OKX ARX-USDT-SWAP
KuCoin ARXUSDTM
Bitget ARXUSDT
MEXC ARX_USDT
Binance ARXUSDT
BingX ARX-USDT
Aster ARXUSDT
Bybit ARXUSDT