Funding you earn now, next payment 04:00 UTC+0.0192%/8h= +21.0% APRnext payment +$0.96 per $10,000 · paid last 24h +0.056%
Price spread now: Bybit against Bitget−0.269%7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$339as in the Funding arb table
Net, price: spread back to 7d avg − costs−$372as in the Price arb table
costs, in and out, $10k−$3553.546% of the position
Funding, last 7 days+0.159%+$16 on $10k
+Price spread, last 7 days+0.291%+$29 · spread now −0.269%, 7d avg −0.090%
=Funding pays, the price is against you. Bybit is 0.178% cheaper against Bitget than usual: you would sell low and buy high (spread −0.269% now, against its 7-day average of −0.090%). If the spread goes back, that is −$18 on $10k: about 3.1 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.159% in total) that is about 7.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ARCUSDT | 0.07819 | 0.1012 | pay 0.0506% / 4h | 57m 24s | $1.7M | $523K | 10x |
| Short | Bybit ARCUSDT | 0.07798 | 0.1204 | get 0.0602% / 4h | 57m 24s | $2.7M | $4.6M | 13x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $40.32
- Price spread: −0.269% → −0.090%
- −$17.85
- Slippage, 4 orders
- −$331.61
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$332.14
- Costs to cover
- 3.546%
- Break-even
- 64.7 days
Slippage from Bitget: live order book, 4 min ago; Bybit: live order book, 5 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, 4 min ago | 8.28 bp | 61.4 bp −$61 | 367.9 bp −$3,679 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 1.28 bp | 118.1 bp −$118 | 468.7 bp −$4,687 | 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 | 0.07816 | −0.043% | $38K | $6K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07802 | −0.217% | $3.0M | $227K | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07831 | +0.153% | $1K | $1.5M | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0128% | 4h | 0.07817 | −0.027% | $1.3M | $1.8M | 20x | as long as short |
| Aster ARCUSDT | +0.0231% | 4h | 0.07791 | −0.354% | $19K | $15K | 5x | as long as short |
| Binance ARCUSDT | +0.0515% | 4h | 0.07812 | −0.085% | $24.2M | $6.9M | 20x | as long as short |
| Extended ARC-USD | +0.0520% | 1h | 0.07810 | −0.109% | $30K | $191K | 5x | as long as short |
| BloFin ARC-USDT | +0.0570% | 4h | 0.07854 | +0.448% | $1.2M | $41K | 20x | as long as short |
| Bitget ARCUSDTlong | +0.1012% | 4h | 0.07819 | long leg | $1.7M | $523K | 10x | |
| Bybit ARCUSDTshort | +0.1204% | 4h | 0.07798 | −0.269% | $2.7M | $4.6M | 13x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARC-USDT | +0.1304% | 4h | 0.07812 | −0.090% | — | $1.7M | — | as long as short |
| Kraken Futures PF_ARCUSD | +0.1483% | 1h | 0.07802 | −0.215% | $53K | $85K | 20x | as long as short |
Bitget ARCUSDT
Bybit ARCUSDT
Lighter ARC
Gate ARC_USDT
SunX ARC-USDT
KuCoin ARCUSDTM
Aster ARCUSDT
Binance ARCUSDT
Extended ARC-USD
BloFin ARC-USDT
BingX ARC-USDT
Kraken Futures PF_ARCUSD