Funding you earn now, next payment 00:00 UTC−0.0049%/8h= −5.4% APRnext payment −$0.24 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against BingX0.000%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1481.479% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 3 days (all we have)+0.023%+$2 · spread now 0.000%, 7d avg +0.056%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.056% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.056%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARC-USDT | 0.07677 | 0.0486 | pay 0.0243% / 4h | 1h 27m | — | $1.7M | — |
| Short | BloFin ARC-USDT | 0.07677 | 0.0437 | get 0.0219% / 4h | 1h 27m | $1.2M | $58K | 20x |
BingX ARC-USDT
BloFin ARC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$10.27
- Price spread: 0.000% → +0.056%
- −$5.64
- Slippage, 4 orders
- −$125.92
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$163.83
- Costs to cover
- 1.479%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; BloFin: live order book, 5 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, 6 min ago | 6.54 bp | 35.6 bp −$36 | 155.1 bp −$1,551 | 663.1 bp −$66.3K | 1044.7 bp −$522.4K |
| Sell BloFin live order book, 5 min ago | 3.27 bp | 30.0 bp −$30 | 87.7 bp −$877 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARCUSD | −0.0085% | 1h | 0.07645 | −0.412% | $49K | $83K | 20x | as long as short |
| Lighter ARC | +0.0096% | 1h | 0.07659 | −0.240% | $42K | $2K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07646 | −0.404% | $3.0M | $330K | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07662 | −0.195% | $1K | $1.5M | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0296% | 4h | 0.07671 | −0.073% | $1.2M | $1.8M | 20x | as long as short |
| BloFin ARC-USDTshort | +0.0437% | 4h | 0.07677 | 0.000% | $1.2M | $58K | 20x | |
| Extended ARC-USD | +0.0448% | 1h | 0.07679 | +0.026% | $29K | $118K | 5x | as long as short |
| Binance ARCUSDT | +0.0452% | 4h | 0.07681 | +0.055% | $23.8M | $7.3M | 20x | as long as short |
| BingX ARC-USDTlong | +0.0486% | 4h | 0.07677 | long leg | — | $1.7M | — | |
| Bitget ARCUSDT | +0.0494% | 4h | 0.07655 | −0.287% | $1.6M | $539K | 10x | as long as short |
Kraken Futures PF_ARCUSD
Lighter ARC
Gate ARC_USDT
SunX ARC-USDT
KuCoin ARCUSDTM
Extended ARC-USD
Binance ARCUSDT
Bitget ARCUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARCUSDT | +0.0620% | 4h | 0.07671 | −0.078% | $2.6M | $4.4M | 13x | as long as short |
| Aster ARCUSDT | +0.0899% | 4h | 0.07660 | −0.218% | $19K | $16K | 5x | as long as short |
Bybit ARCUSDT
Aster ARCUSDT