ARC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0620%/8h= −67.9% APRnext payment −$3.10 per $10,000 · paid last 24h −0.137%

Price spread now: Bitget against BingX−0.064%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$180as in the Funding arb table

Net, price: spread back to 7d avg − costs−$151as in the Price arb table

costs, in and out, $10k−$1471.469% of the position

Long on BingX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.329%−$33 on $10k

Price spread, last 7 days+0.192%+$19 · spread now −0.064%, 7d avg −0.021%

Together, before fees−0.137%−$14 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Bitget is 0.042% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.021%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.329% in total (about -17.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.10 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	BingX ARC-USDT	0.07850	0.1004	pay 0.0502% / 4h	5m 31s	—	$1.7M	—
Short	Bitget ARCUSDT	0.07845	0.0384	get 0.0192% / 4h	5m 31s	$1.7M	$566K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee BitgetbpOrdersPrice spread, now −0.064%Rate

Funding earned: −$130.2
Price spread: −0.064% → −0.021%: −$4.23
Slippage, 4 orders: −$124.88
Fee BingX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$281.31
Costs to cover: 1.469%
Break-even: never at this rate

Slippage from BingX: live order book, 2 min ago; Bitget: 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, 2 min ago	4.49 bp	37.7 bp −$38	144.0 bp −$1,440	645.6 bp −$64.6K	991.1 bp −$495.5K
Sell Bitget live order book, 1 min ago	5.77 bp	45.7 bp −$46	370.5 bp −$3,705	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	0.07825	−0.320%	$43K	$2K	3x	as long as short
Gate ARC_USDT	+0.0100%	4h	0.07834	−0.204%	$3.0M	$332K	20x	as long as short
KuCoin ARCUSDTM	+0.0100%	4h	0.07829	−0.270%	$1.3M	$1.8M	20x	as long as short
SunX ARC-USDT	+0.0100%	4h	0.07771	−1.006%	$2K	$1.6M	20x	as long as short
Extended ARC-USD	+0.0128%	1h	0.07833	−0.214%	$30K	$118K	5x	as long as short
Binance ARCUSDT	+0.0129%	4h	0.07849	−0.013%	$24.3M	$7.4M	20x	as long as short
BloFin ARC-USDT	+0.0161%	4h	0.07797	−0.675%	$1.2M	$58K	20x	as long as short
Aster ARCUSDT	+0.0364%	4h	0.07798	−0.657%	$19K	$17K	5x	as long as short
Bitget ARCUSDTshort	+0.0384%	4h	0.07845	−0.064%	$1.7M	$566K	10x
BingX ARC-USDTlong	+0.1004%	4h	0.07850	long leg	—	$1.7M	—

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ARCUSD	+0.1067%	1h	0.07755	−1.214%	$51K	$86K	20x	as long as short
Bybit ARCUSDT	+0.1115%	4h	0.07827	−0.293%	$2.7M	$4.6M	13x	as long as short