Funding you earn now, next payment 00:00 UTC+0.6112%/8h= +669.3% APRnext payment +$30.56 per $10,000 · paid last 24h +0.579%
Price spread now: BingX against Bitget−0.259%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1131.129% of the position
Funding, last 7 days+0.374%+$37 on $10k
+Price spread, last 4 days (all we have)+0.259%+$26 · spread now −0.259%, 7d avg +0.002%
=Funding pays, the price is against you. BingX is 0.261% cheaper against Bitget than usual: you would sell low and buy high (spread −0.259% now, against its 7-day average of +0.002%). If the spread goes back, that is −$26 on $10k: about 3 hours of funding at the current rate (+$183 a day). At the pace of the last 7 days (+0.374% in total) that is about 4.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.374% in total (about 19.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$30.56 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 | Bitget ARKUSDT | 0.1544 | 0.0100 | pay 0.0050% / 4h | 2h 30m | $389K | $278K | 25x |
| Short | BingX ARK-USDT | 0.1540 | 0.6212 | get 0.3106% / 4h | 2h 30m | — | $2.4M | — |
Bitget ARKUSDT
BingX ARK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- $1,283.52
- Price spread: −0.259% → +0.002%
- −$26.13
- Slippage, 4 orders
- −$90.92
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $1,144.47
- Costs to cover
- 1.129%
- Break-even
- 0.8 days
Slippage from Bitget: live order book, 53 min ago; BingX: live order book, 8 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 Bitget live order book, 53 min ago | 12.93 bp | 26.8 bp −$27 | 142.5 bp −$1,425 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 9.73 bp | 36.1 bp −$36 | 107.4 bp −$1,074 | 447.5 bp −$44.8K | 485.4 bp −$242.7K |
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 | −0.0039% | 8h | 0.1544 | 0.000% | $192K | $120K | 25x | as long as short |
| Binance ARKUSDT | +0.0100% | 4h | 0.1545 | +0.097% | $3.5M | $3.8M | 40x | as long as short |
| MEXC ARK_USDT | +0.0100% | 4h | 0.1546 | +0.130% | $512K | $168K | 20x | as long as short |
| KuCoin ARKUSDTM | +0.0100% | 4h | 0.1543 | −0.065% | $781K | $37K | 30x | as long as short |
| Bitget ARKUSDTlong | +0.0100% | 4h | 0.1544 | long leg | $389K | $278K | 25x | |
| Variational Omni ARK | +0.5808% | 4h | 0.1534 | −0.632% | $18K | $16K | — | as long as short |
| BingX ARK-USDTshort | +0.6212% | 4h | 0.1540 | −0.259% | — | $2.4M | — | |
| Bybit ARKUSDT | +0.6362% | 4h | 0.1533 | −0.725% | $1.3M | $985K | 25x | as long as short |
Gate ARK_USDT
Binance ARKUSDT
MEXC ARK_USDT
KuCoin ARKUSDTM
Variational Omni ARK
Bybit ARKUSDT