An antenna arrangement. The arrangement uses four conductive loops, each within a distinct plane from the other conductive loops. The four conductive loops have a common center point. Each loop is within a dipole magnetic field, and detects a component thereof. By balancing the signals received between matched pairs of the conductive loops, the difference between the signals can be used to guide the antenna arrangement to a null point—that is—a point in the magnetic field where each pair of conductive loops is balanced. The antenna arrangement can further be used to determine the depth of the dipole field source using the magnitude of the field.