Funding you earn now, next payment 00:00 UTC−0.0787%/8h= −86.2% APRnext payment −$3.94 per $10,000 · paid last 24h −0.018%
Price spread now: Bitget against Bybit+0.013%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$349as in the Funding arb table
Net, price: spread back to 7d avg − costs−$345as in the Price arb table
costs, in and out, $10k−$3373.372% of the position
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 7 days+0.129%+$13 · spread now +0.013%, 7d avg +0.092%
=Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Bitget is 0.079% cheaper against Bybit than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.092%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.118% in total (about -6.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.94 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 | 0.07791 | 0.1487 | pay 0.0744% / 4h | 1h 56m | $2.7M | $4.3M | 13x |
| Short | Bitget ARCUSDT | 0.07792 | 0.0700 | get 0.0350% / 4h | 1h 56m | $1.7M | $533K | 10x |
Bybit ARCUSDT
Bitget ARCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$165.37
- Price spread: +0.013% → +0.092%
- −$7.87
- Slippage, 4 orders
- −$314.22
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$510.46
- Costs to cover
- 3.372%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Bitget: 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 Bybit live order book, 1 min ago | 4.49 bp | 115.2 bp −$115 | 243.1 bp −$2,431 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 7.05 bp | 53.8 bp −$54 | 475.6 bp −$4,756 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARCUSD | −0.0084% | 1h | 0.07767 | −0.302% | $50K | $82K | 20x | as long as short |
| Lighter ARC | +0.0096% | 1h | 0.07782 | −0.112% | $42K | $2K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07785 | −0.077% | $3.0M | $327K | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07786 | −0.064% | $1K | $1.5M | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0618% | 4h | 0.07777 | −0.173% | $1.3M | $1.8M | 20x | as long as short |
| Bitget ARCUSDTshort | +0.0700% | 4h | 0.07792 | +0.013% | $1.7M | $533K | 10x | |
| Extended ARC-USD | +0.0720% | 1h | 0.07800 | +0.120% | $30K | $118K | 5x | as long as short |
| Binance ARCUSDT | +0.0723% | 4h | 0.07802 | +0.137% | $24.2M | $7.2M | 20x | as long as short |
| BloFin ARC-USDT | +0.0766% | 4h | 0.07806 | +0.193% | $1.2M | $61K | 20x | as long as short |
| Aster ARCUSDT | +0.1289% | 4h | 0.07805 | +0.177% | $19K | $16K | 5x | as long as short |
Kraken Futures PF_ARCUSD
Lighter ARC
Gate ARC_USDT
SunX ARC-USDT
KuCoin ARCUSDTM
Extended ARC-USD
Binance ARCUSDT
BloFin ARC-USDT
Aster ARCUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARCUSDTlong | +0.1487% | 4h | 0.07791 | long leg | $2.7M | $4.3M | 13x | |
| BingX ARC-USDT | +0.1492% | 4h | 0.07796 | +0.064% | — | $1.7M | — | as long as short |
BingX ARC-USDT