Funding you earn now, next payment 04:00 UTC−0.0245%/8h= −26.9% APRnext payment −$1.23 per $10,000 · paid last 24h −0.085%
Price spread now: Bybit against BingX−0.089%7-day average −0.114% · you buy dearer than you sell
Net, funding: paid 7d − costs−$317as in the Funding arb table
Net, price: spread back to 7d avg − costs−$294as in the Price arb table
costs, in and out, $10k−$2972.967% of the position
Funding, last 7 days−0.202%−$20 on $10k
+Price spread, last 7 days+0.038%+$4 · spread now −0.089%, 7d avg −0.114%
=The price spread pays, funding is against you. Bybit is 0.025% dearer against BingX than usual: you sell high and buy low (spread −0.089% now, against its 7-day average of −0.114%): +$2 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.202% in total) that is about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARC-USDT | 0.07847 | 0.2308 | pay 0.1154% / 4h | 2h 57m | — | $1.7M | — |
| Short | Bybit ARCUSDT | 0.07840 | 0.2063 | get 0.1031% / 4h | 2h 57m | $2.8M | $4.5M | 13x |
BingX ARC-USDT
Bybit ARCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. 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
- −$51.52
- Price spread: −0.089% → −0.114%
- $2.46
- Slippage, 4 orders
- −$275.74
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$345.8
- Costs to cover
- 2.967%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Bybit: live order book, 1 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 BingX live order book, 5 min ago | 3.81 bp | 40.3 bp −$40 | 155.0 bp −$1,550 | 681.0 bp −$68.1K | 1016.7 bp −$508.4K |
| Sell Bybit live order book, 1 min ago | 3.82 bp | 97.3 bp −$97 | 369.8 bp −$3,698 | doesn't fit | 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 | 0.07855 | +0.099% | $38K | $7K | 3x | as long as short |
| Aster ARCUSDT | +0.0100% | 4h | 0.07843 | −0.057% | $19K | $14K | 5x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07836 | −0.140% | $3.0M | $231K | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0100% | 4h | 0.07861 | +0.178% | $1.3M | $1.8M | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07843 | −0.051% | $1K | $1.5M | 20x | as long as short |
| Extended ARC-USD | +0.0440% | 1h | 0.07846 | −0.012% | $29K | $193K | 5x | as long as short |
| Binance ARCUSDT | +0.0440% | 4h | 0.07848 | +0.013% | $24.3M | $7.1M | 20x | as long as short |
| BloFin ARC-USDT | +0.0486% | 4h | 0.07864 | +0.217% | $1.2M | $51K | 20x | as long as short |
| Bitget ARCUSDT | +0.0724% | 4h | 0.07857 | +0.127% | $1.7M | $543K | 10x | as long as short |
| Kraken Futures PF_ARCUSD | +0.0905% | 1h | 0.07826 | −0.273% | $52K | $88K | 20x | as long as short |
Lighter ARC
Aster ARCUSDT
Gate ARC_USDT
KuCoin ARCUSDTM
SunX ARC-USDT
Extended ARC-USD
Binance ARCUSDT
BloFin ARC-USDT
Bitget ARCUSDT
Kraken Futures PF_ARCUSDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARCUSDTshort | +0.2063% | 4h | 0.07840 | −0.089% | $2.8M | $4.5M | 13x | |
| BingX ARC-USDTlong | +0.2308% | 4h | 0.07847 | long leg | — | $1.7M | — |