Funding you earn now, next payment 00:00 UTC+0.1974%/8h= +216.2% APRpaid last 24h +0.663%
Price spread now: BingX against Gate0.000%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$179as in the Price arb table
costs, in and out, $10k−$1721.722% of the position
Funding, last 7 days+0.945%+$95 on $10k
+Price spread, last 4 days (all we have)−0.071%−$7 · spread now 0.000%, 7d avg +0.069%
=Funding pays, the price is against you. BingX is 0.069% cheaper against Gate than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.069%). If the spread goes back, that is −$7 on $10k: about 3 hours of funding at the current rate (+$59 a day). At the pace of the last 7 days (+0.945% in total) that is about 12 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.945% in total (about 49.3% a year). A funding rate is set anew for every payment. 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 ARK_USDT | 0.1537 | −0.0532 | get 0.0532% / 8h | 0m 08s | $193K | $127K | 25x |
| Short | BingX ARK-USDT | 0.1537 | 0.1442 | get 0.0721% / 4h | 0m 08s | — | $2.4M | — |
Gate ARK_USDT
BingX ARK-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
- $414.54
- Price spread: 0.000% → +0.069%
- −$6.94
- Slippage, 4 orders
- −$147.2
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $235.4
- Costs to cover
- 1.722%
- Break-even
- 3.0 days
Slippage from Gate: live order book, 6 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 Gate live order book, 6 min ago | 3.25 bp | 55.4 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 6.51 bp | 26.7 bp −$27 | 92.0 bp −$920 | 452.2 bp −$45.2K | 501.1 bp −$250.5K |
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_USDTlong | −0.0532% | 8h | 0.1537 | long leg | $193K | $127K | 25x | |
| KuCoin ARKUSDTM | −0.0192% | 4h | 0.1536 | −0.065% | $778K | $37K | 30x | as long as short |
| Binance ARKUSDT | +0.0100% | 4h | 0.1539 | +0.162% | $3.4M | $3.8M | 40x | as long as short |
| MEXC ARK_USDT | +0.0100% | 4h | 0.1539 | +0.130% | $496K | $165K | 20x | as long as short |
| Bitget ARKUSDT | +0.0100% | 4h | 0.1539 | +0.130% | $398K | $287K | 25x | as long as short |
| BingX ARK-USDTshort | +0.1442% | 4h | 0.1537 | 0.000% | — | $2.4M | — | |
| Bybit ARKUSDT | +0.1586% | 4h | 0.1529 | −0.553% | $1.3M | $1.0M | 25x | as long as short |
| Variational Omni ARK | +0.1758% | 4h | 0.1528 | −0.553% | $19K | $16K | — | as long as short |
KuCoin ARKUSDTM
Binance ARKUSDT
MEXC ARK_USDT
Bitget ARKUSDT
Bybit ARKUSDT
Variational Omni ARK