Funding you earn now, next payment 04:00 UTC−0.1980%/8h= −216.8% APRnext payment −$9.90 per $10,000 · paid last 24h −0.259%
Price spread now: Gate against BingX+0.038%7-day average −0.137% · you sell dearer than you buy
Net, funding: paid 7d − costs−$581as in the Funding arb table
Net, price: spread back to 7d avg − costs−$512as in the Price arb table
costs, in and out, $10k−$5305.297% of the position
Funding, last 7 days−0.512%−$51 on $10k
+Price spread, last 7 days−0.286%−$29 · spread now +0.038%, 7d avg −0.137%
=The price spread pays, funding is against you. Gate is 0.175% dearer against BingX than usual: you sell high and buy low (spread +0.038% now, against its 7-day average of −0.137%): +$17 on $10k if it goes back. Holding the pair costs −$59 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.512% in total) that is about 2.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.512% in total (about -26.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$9.90 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 | 0.07846 | 0.2080 | pay 0.1040% / 4h | 2h 27m | — | $1.7M | — |
| Short | Gate ARC_USDT | 0.07849 | 0.0100 | get 0.0050% / 4h | 2h 27m | $3.0M | $232K | 20x |
BingX ARC-USDT
Gate ARC_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
- −$415.8
- Price spread: +0.038% → −0.137%
- $17.49
- Slippage, 4 orders
- −$504.71
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$928.02
- Costs to cover
- 5.297%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Gate: 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, 10 min ago | 5.74 bp | 37.7 bp −$38 | 155.6 bp −$1,556 | 681.6 bp −$68.2K | 1026.3 bp −$513.2K |
| Sell Gate live order book, 5 min ago | 19.10 bp | 197.7 bp −$198 | doesn't fit | doesn't fit | doesn't fit |
ARC on 11 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 | 0.07848 | +0.020% | $38K | $7K | 3x | as long as short |
| Gate ARC_USDTshort | +0.0100% | 4h | 0.07849 | +0.038% | $3.0M | $232K | 20x | |
| KuCoin ARCUSDTM | +0.0100% | 4h | 0.07880 | +0.427% | $1.3M | $1.8M | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07843 | −0.038% | $2K | $1.5M | 20x | as long as short |
| Aster ARCUSDT | +0.0242% | 4h | 0.07859 | +0.160% | $19K | $14K | 5x | as long as short |
| Extended ARC-USD | +0.0592% | 1h | 0.07848 | +0.026% | $31K | $190K | 5x | as long as short |
| Binance ARCUSDT | +0.0595% | 4h | 0.07846 | 0.000% | $24.3M | $7.0M | 20x | as long as short |
| Bitget ARCUSDT | +0.0880% | 4h | 0.07854 | +0.102% | $1.7M | $541K | 10x | as long as short |
| Kraken Futures PF_ARCUSD | +0.0904% | 1h | 0.07828 | −0.231% | $52K | $86K | 20x | as long as short |
| Bybit ARCUSDT | +0.1971% | 4h | 0.07831 | −0.191% | $2.8M | $4.5M | 13x | as long as short |
Lighter ARC
KuCoin ARCUSDTM
SunX ARC-USDT
Aster ARCUSDT
Extended ARC-USD
Binance ARCUSDT
Bitget ARCUSDT
Kraken Futures PF_ARCUSD
Bybit ARCUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARC-USDTlong | +0.2080% | 4h | 0.07846 | long leg | — | $1.7M | — |