Funding you earn now, next payment 08:00 UTC+0.0808%/8h= +88.5% APRnext payment +$4.04 per $10,000 · paid last 24h +0.284%
Price spread now: BingX against Gate+0.347%7-day average +0.136% · you sell dearer than you buy
Net, funding: paid 7d − costs−$509as in the Funding arb table
Net, price: spread back to 7d avg − costs−$544as in the Price arb table
costs, in and out, $10k−$5655.648% of the position
Funding, last 7 days+0.556%+$56 on $10k
+Price spread, last 7 days−0.061%−$6 · spread now +0.347%, 7d avg +0.136%
=Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and BingX is 0.211% dearer against Gate than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.136%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.556% in total (about 29.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.04 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 | Gate ARC_USDT | 0.07783 | 0.0100 | pay 0.0050% / 4h | 2h 20m | $3.0M | $209K | 20x |
| Short | BingX ARC-USDT | 0.07810 | 0.0908 | get 0.0454% / 4h | 2h 20m | — | $1.7M | — |
Gate ARC_USDT
BingX ARC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- $169.68
- Price spread: +0.347% → +0.136%
- $21.09
- Slippage, 4 orders
- −$539.76
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$373.99
- Costs to cover
- 5.648%
- Break-even
- 22.4 days
Slippage from Gate: live order book, 3 min ago; BingX: live order book, 12 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 Gate live order book, 3 min ago | 19.88 bp | 211.0 bp −$211 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 4.50 bp | 56.6 bp −$57 | 157.3 bp −$1,573 | 530.5 bp −$53.0K | 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 | 0.07800 | +0.224% | $38K | $6K | 3x | as long as short |
| Gate ARC_USDTlong | +0.0100% | 4h | 0.07783 | long leg | $3.0M | $209K | 20x | |
| SunX ARC-USDT | +0.0100% | 4h | 0.07792 | +0.116% | $2K | $1.4M | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0106% | 4h | 0.07799 | +0.202% | $1.3M | $1.7M | 20x | as long as short |
| Kraken Futures PF_ARCUSD | +0.0499% | 1h | 0.07789 | +0.077% | $53K | $84K | 20x | as long as short |
| Bybit ARCUSDT | +0.0552% | 4h | 0.07798 | +0.193% | $2.8M | $4.5M | 13x | as long as short |
| Aster ARCUSDT | +0.0637% | 4h | 0.07791 | +0.100% | $18K | $14K | 5x | as long as short |
| Extended ARC-USD | +0.0664% | 1h | 0.07805 | +0.281% | $34K | $199K | 5x | as long as short |
| Binance ARCUSDT | +0.0666% | 4h | 0.07808 | +0.321% | $24.2M | $6.5M | 20x | as long as short |
| BloFin ARC-USDT | +0.0674% | 4h | 0.07795 | +0.154% | $1.2M | $38K | 20x | as long as short |
Lighter ARC
SunX ARC-USDT
KuCoin ARCUSDTM
Kraken Futures PF_ARCUSD
Bybit ARCUSDT
Aster ARCUSDT
Extended ARC-USD
Binance ARCUSDT
BloFin ARC-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARC-USDTshort | +0.0908% | 4h | 0.07810 | +0.347% | — | $1.7M | — | |
| Bitget ARCUSDT | +0.0914% | 4h | 0.07804 | +0.270% | $1.7M | $512K | 10x | as long as short |
Bitget ARCUSDT