ARC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.1804%/8h= −197.6% APRnext payment −$9.02 per $10,000 · paid last 24h +0.037%

Price spread now: Binance against Bybit−0.119%7-day average +0.192% · you buy dearer than you sell

Net, funding: paid 7d − costs−$297as in the Funding arb table

Net, price: spread back to 7d avg − costs−$340as in the Price arb table

costs, in and out, $10k−$3093.093% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.125%+$12 on $10k

Price spread, last 7 days+0.242%+$24 · spread now −0.119%, 7d avg +0.192%

Together, before fees+0.367%+$37 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$54 a day on $10k at the current rate, and Binance is 0.311% cheaper against Bybit than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of +0.192%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.125%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.125% in total (about 6.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$9.02 per $10,000. 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	Bybit ARCUSDT	0.07776	0.2244	pay 0.1122% / 4h	2h 55m	$2.8M	$4.5M	13x
Short	Binance ARCUSDT	0.07767	0.0440	get 0.0220% / 4h	2h 55m	$24.1M	$7.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee BinancebpOrdersPrice spread, now −0.119%Rate

Funding earned: −$378.87
Price spread: −0.119% → +0.192%: −$31.09
Slippage, 4 orders: −$288.34
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$719.3
Costs to cover: 3.093%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; Binance: live order book, just now.

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 Bybit live order book, 2 min ago	3.82 bp	110.9 bp −$111	235.5 bp −$2,355	doesn't fit	doesn't fit
Sell Binance live order book, just now	2.56 bp	57.2 bp −$57	226.4 bp −$2,264	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	0.07813	+0.475%	$38K	$7K	3x	as long as short
Aster ARCUSDT	+0.0100%	4h	0.07809	+0.423%	$19K	$14K	5x	as long as short
Gate ARC_USDT	+0.0100%	4h	0.07757	−0.244%	$3.0M	$231K	20x	as long as short
KuCoin ARCUSDTM	+0.0100%	4h	0.07863	+1.119%	$1.3M	$1.8M	20x	as long as short
SunX ARC-USDT	+0.0100%	4h	0.07817	+0.527%	$2K	$1.5M	20x	as long as short
Binance ARCUSDTshort	+0.0440%	4h	0.07767	−0.119%	$24.1M	$7.1M	20x
Extended ARC-USD	+0.0440%	1h	0.07815	+0.495%	$29K	$193K	5x	as long as short
BloFin ARC-USDT	+0.0486%	4h	0.07864	+1.132%	$1.2M	$51K	20x	as long as short
Bitget ARCUSDT	+0.0722%	4h	0.07774	−0.026%	$1.7M	$544K	10x	as long as short
Kraken Futures PF_ARCUSD	+0.0908%	1h	0.07792	+0.211%	$52K	$88K	20x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ARC-USDT	+0.1962%	4h	0.07817	+0.527%	—	$1.7M	—	as long as short
Bybit ARCUSDTlong	+0.2244%	4h	0.07776	long leg	$2.8M	$4.5M	13x