Funding you earn now, next payment 00:00 UTC+0.1808%/8h= +198.0% APRnext payment +$9.04 per $10,000 · paid last 24h +0.579%
Price spread now: BingX against Binance−0.207%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1091.087% of the position
Funding, last 7 days+0.608%+$61 on $10k
+Price spread, last 7 days+0.316%+$32 · spread now −0.207%, 7d avg +0.023%
=Funding pays, the price is against you. BingX is 0.230% cheaper against Binance than usual: you would sell low and buy high (spread −0.207% now, against its 7-day average of +0.023%). If the spread goes back, that is −$23 on $10k: about 10 hours of funding at the current rate (+$54 a day). At the pace of the last 7 days (+0.608% in total) that is about 2.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.608% in total (about 31.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.04 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 | Binance ARKUSDT | 0.1553 | 0.0100 | pay 0.0050% / 4h | 47m 54s | $3.5M | $3.8M | 40x |
| Short | BingX ARK-USDT | 0.1550 | 0.1908 | get 0.0954% / 4h | 47m 54s | — | $2.4M | — |
Binance ARKUSDT
BingX ARK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $379.68
- Price spread: −0.207% → +0.023%
- −$23.04
- Slippage, 4 orders
- −$88.71
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $247.94
- Costs to cover
- 1.087%
- Break-even
- 2.4 days
Slippage from Binance: live order book, 4 min ago; BingX: live order book, 11 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, 4 min ago | 3.22 bp | 23.1 bp −$23 | 150.2 bp −$1,502 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 9.70 bp | 28.0 bp −$28 | 77.3 bp −$773 | 432.5 bp −$43.3K | 491.5 bp −$245.7K |
ARK on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ARK_USDT | −0.0602% | 8h | 0.1550 | −0.207% | $195K | $123K | 25x | as long as short |
| KuCoin ARKUSDTM | −0.0052% | 4h | 0.1551 | −0.143% | $785K | $37K | 30x | as long as short |
| Binance ARKUSDTlong | +0.0100% | 4h | 0.1553 | long leg | $3.5M | $3.8M | 40x | |
| MEXC ARK_USDT | +0.0100% | 4h | 0.1553 | −0.014% | $508K | $161K | 20x | as long as short |
| Bitget ARKUSDT | +0.0100% | 4h | 0.1553 | −0.014% | $402K | $294K | 25x | as long as short |
| BingX ARK-USDTshort | +0.1908% | 4h | 0.1550 | −0.207% | — | $2.4M | — | |
| Bybit ARKUSDT | +0.2010% | 4h | 0.1542 | −0.754% | $1.3M | $1.0M | 25x | as long as short |
| Variational Omni ARK | +0.2776% | 4h | 0.1541 | −0.777% | $19K | $16K | — | as long as short |
Gate ARK_USDT
KuCoin ARKUSDTM
MEXC ARK_USDT
Bitget ARKUSDT
Bybit ARKUSDT
Variational Omni ARK