Funding you earn now, next payment 04:00 UTC−0.0084%/8h= −9.2% APRnext payment −$0.42 per $10,000 · paid last 24h +0.085%
Price spread now: BingX against Bybit+0.240%7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1691.690% of the position
Funding, last 7 days+0.202%+$20 on $10k
+Price spread, last 7 days−0.189%−$19 · spread now +0.240%, 7d avg +0.114%
=The price spread pays, funding is against you. BingX is 0.127% dearer against Bybit than usual: you sell high and buy low (spread +0.240% now, against its 7-day average of +0.114%): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.202%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARCUSDT | 0.07901 | 0.2450 | pay 0.1225% / 4h | 3h 19m | $2.8M | $4.6M | 13x |
| Short | BingX ARC-USDT | 0.07920 | 0.2366 | get 0.1183% / 4h | 3h 19m | — | $1.7M | — |
Bybit ARCUSDT
BingX ARC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- −$17.73
- Price spread: +0.240% → +0.114%
- $12.67
- Slippage, 4 orders
- −$148.05
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$174.11
- Costs to cover
- 1.690%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; BingX: live order book, 13 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 Bybit live order book, 3 min ago | 1.26 bp | 93.5 bp −$94 | 230.1 bp −$2,301 | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 6.32 bp | 25.9 bp −$26 | 163.6 bp −$1,636 | 576.4 bp −$57.6K | 1013.8 bp −$506.9K |
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 | 0.07917 | +0.205% | $38K | $7K | 3x | as long as short |
| Aster ARCUSDT | +0.0100% | 4h | 0.07891 | −0.131% | $20K | $14K | 5x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07897 | −0.051% | $3.1M | $274K | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0100% | 4h | 0.07918 | +0.215% | $1.3M | $1.8M | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07895 | −0.076% | $1K | $1.5M | 20x | as long as short |
| Binance ARCUSDT | +0.0413% | 4h | 0.07925 | +0.304% | $24.6M | $7.2M | 20x | as long as short |
| Extended ARC-USD | +0.0416% | 1h | 0.07921 | +0.259% | $30K | $198K | 5x | as long as short |
| BloFin ARC-USDT | +0.0424% | 4h | 0.07914 | +0.165% | $1.2M | $51K | 20x | as long as short |
| Bitget ARCUSDT | +0.0712% | 4h | 0.07927 | +0.329% | $1.7M | $557K | 10x | as long as short |
| Kraken Futures PF_ARCUSD | +0.0713% | 1h | 0.07883 | −0.231% | $52K | $88K | 20x | as long as short |
Lighter ARC
Aster ARCUSDT
Gate ARC_USDT
KuCoin ARCUSDTM
SunX ARC-USDT
Binance ARCUSDT
Extended ARC-USD
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ARC-USDTshort | +0.2366% | 4h | 0.07920 | +0.240% | — | $1.7M | — | |
| Bybit ARCUSDTlong | +0.2450% | 4h | 0.07901 | long leg | $2.8M | $4.6M | 13x |