Funding you earn now, next payment 04:00 UTC+0.0419%/8h= +45.8% APRnext payment +$2.09 per $10,000 · paid last 24h −0.095%
Price spread now: Bitget against Binance+0.051%7-day average −0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$259as in the Funding arb table
Net, price: spread back to 7d avg − costs−$215as in the Price arb table
costs, in and out, $10k−$2302.301% of the position
Funding, last 7 days−0.285%−$29 on $10k
+Price spread, last 7 days−0.165%−$17 · spread now +0.051%, 7d avg −0.102%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Bitget is 0.153% dearer against Binance than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.102%. Mind the row above: over the last 7 days funding on this pair cost −0.285%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.285% in total (about -14.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.09 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 | Binance ARCUSDT | 0.07866 | 0.0437 | pay 0.0219% / 4h | 1h 40m | $24.4M | $7.0M | 20x |
| Short | Bitget ARCUSDT | 0.07870 | 0.0856 | get 0.0428% / 4h | 1h 40m | $1.7M | $525K | 10x |
Funding 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
- $87.92
- Price spread: +0.051% → −0.102%
- $15.27
- Slippage, 4 orders
- −$208.1
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$126.91
- Costs to cover
- 2.301%
- Break-even
- 17.1 days
Slippage from Binance: live order book, 1 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, 1 min ago | 3.81 bp | 49.5 bp −$50 | 209.7 bp −$2,097 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 8.25 bp | 65.4 bp −$65 | 362.4 bp −$3,624 | doesn't fit | 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 | 0.07860 | −0.076% | $38K | $6K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07870 | +0.051% | $3.1M | $230K | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0100% | 4h | 0.07890 | +0.306% | $1.3M | $1.8M | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07850 | −0.203% | $2K | $1.5M | 20x | as long as short |
| Aster ARCUSDT | +0.0349% | 4h | 0.07862 | −0.047% | $19K | $15K | 5x | as long as short |
| BloFin ARC-USDT | +0.0419% | 4h | 0.07862 | −0.051% | $1.2M | $43K | 20x | as long as short |
| Binance ARCUSDTlong | +0.0437% | 4h | 0.07866 | long leg | $24.4M | $7.0M | 20x | |
| Extended ARC-USD | +0.0440% | 1h | 0.07860 | −0.078% | $33K | $194K | 5x | as long as short |
| Kraken Futures PF_ARCUSD | +0.0825% | 1h | 0.07833 | −0.414% | $54K | $85K | 20x | as long as short |
| Bitget ARCUSDTshort | +0.0856% | 4h | 0.07870 | +0.051% | $1.7M | $525K | 10x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARC-USDT | +0.1098% | 4h | 0.07863 | −0.038% | — | $1.7M | — | as long as short |
| Bybit ARCUSDT | +0.1250% | 4h | 0.07855 | −0.140% | $2.8M | $4.5M | 13x | as long as short |
Binance ARCUSDT
Bitget ARCUSDT
Lighter ARC
Gate ARC_USDT
KuCoin ARCUSDTM
SunX ARC-USDT
Aster ARCUSDT
BloFin ARC-USDT
Extended ARC-USD
Kraken Futures PF_ARCUSD
BingX ARC-USDT
Bybit ARCUSDT