Funding you earn now, next payment 08:00 UTC−0.0097%/8h= −10.6% APRnext payment −$0.97 per $10,000 · paid last 24h −0.011%
Price spread now: Gate against BingX+0.032%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$740.736% of the position
Funding, last 7 days−0.108%−$11 on $10k
+Price spread, last 7 days+0.030%+$3 · spread now +0.032%, 7d avg +0.075%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.043% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.075%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARB-USDC | 0.2201 | 0.0061 | pay 0.0061% / 8h | 3h 57m | — | $6.5M | — |
| Short | Gate ARB_USDT | 0.2202 | −0.0036 | pay 0.0036% / 8h | 3h 57m | $5.3M | $18.0M | 60x |
BingX ARB-USDC
Gate ARB_USDTFunding 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
- −$20.37
- Price spread: +0.032% → +0.075%
- −$4.31
- Slippage, 4 orders
- −$48.6
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$98.29
- Costs to cover
- 0.736%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Gate: live order book, 1 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, 3 min ago | 4.54 bp | 17.8 bp −$18 | 37.1 bp −$371 | 90.7 bp −$9,072 | 663.6 bp −$331.8K |
| Sell Gate live order book, 1 min ago | 1.59 bp | 15.0 bp −$15 | 29.8 bp −$298 | 91.3 bp −$9,127 | doesn't fit |
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1589% | 1h | 0.2193 | −0.359% | $40K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0297% | 1h | 0.2201 | −0.009% | $86K | $2.1M | 10x | as long as short |
| 01 Exchange ARBUSD | −0.0144% | 1h | 0.2202 | +0.032% | $7K | $2K | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0115% | 8h | 0.2201 | 0.000% | $22.2M | $144.4M | 50x | as long as short |
| MEXC ARB_USDT | −0.0114% | 8h | 0.2201 | +0.005% | $42.6M | $60.0M | 200x | as long as short |
| Variational Omni ARB | −0.0095% | 8h | 0.2201 | −0.008% | $1.8M | $2.9M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0074% | 8h | 0.2202 | +0.050% | $12K | $403K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0050% | 1h | 0.2203 | +0.093% | $1.1M | $4.4M | 50x | as long as short |
| SoDEX ARB-USD | −0.0045% | 1h | 0.2202 | +0.041% | $10K | $2.2M | 5x | as long as short |
| Bybit ARBUSDT | −0.0042% | 8h | 0.2200 | −0.027% | $55.4M | $124.3M | 50x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Orderly PERP_ARB_USDC
Kraken Futures PF_ARBUSD
SoDEX ARB-USD
Bybit ARBUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ARB_USDTshort | −0.0036% | 8h | 0.2202 | +0.032% | $5.3M | $18.0M | 60x | |
| dYdX ARB-USD | 0.0000% | 1h | 0.2203 | +0.075% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2203 | +0.082% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2202 | +0.070% | $32K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0022% | 8h | 0.2202 | +0.037% | $64.0M | $301.2M | 75x | as long as short |
| Extended ARB-USD | +0.0024% | 1h | 0.2201 | +0.008% | $350K | $2.5M | 25x | as long as short |
| Bitget ARBUSDT | +0.0061% | 8h | 0.2200 | −0.041% | $20.9M | $34.1M | 50x | as long as short |
| BingX ARB-USDClong | +0.0061% | 8h | 0.2201 | long leg | — | $6.5M | — | |
| BloFin ARB-USDT | +0.0079% | 8h | 0.2200 | −0.036% | $3.1M | $2.5M | 75x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2202 | +0.034% | $140K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2202 | +0.055% | $1.2M | $5.5M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2203 | +0.100% | $37.8M | $48.5M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2202 | +0.057% | $634K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2202 | +0.032% | $42K | $163K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2202 | +0.036% | $19.6M | $14.8M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2201 | 0.000% | $38K | $465K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2202 | +0.051% | $468K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2202 | +0.050% | $119K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2203 | +0.095% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2202 | +0.050% | $299K | $905K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2202 | +0.050% | $5.0M | $12.9M | 50x | as long as short |
| RISEx ARB/USDC | +0.0118% | 1h | 0.2202 | +0.050% | $476K | $2.6M | 10x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0256% | 1h | 0.2204 | +0.141% | $492K | $1.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2203 | +0.074% | $831K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2200 | −0.028% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0513% | 1h | 0.2206 | +0.236% | $994K | $2.8M | 20x | as long as short |
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
Bitget ARBUSDT
BloFin ARB-USDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
RISEx ARB/USDC
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP