Settings8H · net · $10k
Funding arb · Price arb /

ARC

all ARC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0236%/8h= −25.8% APRnext payment $1.18 per $10,000 · paid last 24h +0.093%
Price spread now: BloFin against Bitget+1.327%75s7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2202.199% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.277%+$28 on $10k
Price spread, last 3 days (all we have)−1.175%−$118 · spread now +1.327%, 7d avg +0.070%
Together, before fees−0.899%−$90 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 1.257% dearer against Bitget than usual: you sell high and buy low (spread +1.327% now, against its 7-day average of +0.070%): +$126 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 18 days. Mind the row above: over the last 7 days funding on this pair paid +0.277%, so the current rate has only just turned against you. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ARCUSDT0.077610.0722pay 0.0361% / 4h2h 55m$1.7M$543K10x
ShortBloFin ARC-USDT0.078640.0486get 0.0243% / 4h2h 55m$1.2M$51K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$49.46
Price spread: +1.327% → +0.070%
$125.7
Slippage, 4 orders
−$195.88
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$143.63
Costs to cover
2.199%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago8.30 bp53.4 bp −$53390.9 bp −$3,909doesn't fitdoesn't fit
Sell BloFin live order book, 6 min ago10.14 bp50.4 bp −$50131.9 bp −$1,319doesn't fitdoesn't fit

ARC on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ARC+0.0096%1h0.07820+0.760%$38K$7K3xas long as short
Aster ARCUSDT+0.0100%4h0.07825+0.824%$19K$14K5xas long as short
Gate ARC_USDT+0.0100%4h0.07757−0.052%$3.0M$231K20xas long as short
KuCoin ARCUSDTM+0.0100%4h0.07863+1.314%$1.3M$1.8M20xas long as short
SunX ARC-USDT+0.0100%4h0.07817+0.722%$2K$1.5M20xas long as short
Binance ARCUSDT+0.0440%4h0.07818+0.736%$24.2M$7.1M20xas long as short
Extended ARC-USD+0.0440%1h0.07815+0.690%$29K$193K5xas long as short
BloFin ARC-USDTshort+0.0486%4h0.07864+1.327%$1.2M$51K20x
Bitget ARCUSDTlong+0.0722%4h0.07761long leg$1.7M$543K10x
Kraken Futures PF_ARCUSD+0.0908%1h0.07792+0.405%$52K$88K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ARC-USDT+0.1962%4h0.07817+0.722%$1.7Mas long as short
Bybit ARCUSDT+0.1976%4h0.07774+0.168%$2.8M$4.5M13xas long as short