Funding you earn now, next payment 00:00 UTC−0.0793%/8h= −86.9% APRnext payment −$3.97 per $10,000 · paid last 24h −0.139%
Price spread now: Gate against Bybit+0.039%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$608as in the Funding arb table
Net, price: spread back to 7d avg − costs−$576as in the Price arb table
costs, in and out, $10k−$5825.825% of the position
Funding, last 7 days−0.258%−$26 on $10k
+Price spread, last 7 days−0.086%−$9 · spread now +0.039%, 7d avg −0.022%
=The price spread pays, funding is against you. Gate is 0.061% dearer against Bybit than usual: you sell high and buy low (spread +0.039% now, against its 7-day average of −0.022%): +$6 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.258% in total) that is about 40 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.258% in total (about -13.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.97 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 | 0.07700 | 0.0893 | pay 0.0447% / 4h | 1h 15m | $2.6M | $4.5M | 13x |
| Short | Gate ARC_USDT | 0.07703 | 0.0100 | get 0.0050% / 4h | 1h 15m | $3.0M | $330K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$166.61
- Price spread: +0.039% → −0.022%
- $6.09
- Slippage, 4 orders
- −$556.49
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$743.02
- Costs to cover
- 5.825%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 2 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, 2 min ago | 3.90 bp | 92.3 bp −$92 | 248.2 bp −$2,482 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 15.54 bp | 193.9 bp −$194 | doesn't fit | 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 | −0.0085% | 1h | 0.07683 | −0.224% | $50K | $83K | 20x | as long as short |
| Lighter ARC | +0.0096% | 1h | 0.07697 | −0.034% | $42K | $2K | 3x | as long as short |
| Gate ARC_USDTshort | +0.0100% | 4h | 0.07703 | +0.039% | $3.0M | $330K | 20x | |
| SunX ARC-USDT | +0.0100% | 4h | 0.07698 | −0.026% | $2K | $1.5M | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0244% | 4h | 0.07728 | +0.364% | $1.2M | $1.8M | 20x | as long as short |
| BloFin ARC-USDT | +0.0493% | 4h | 0.07719 | +0.247% | $1.2M | $58K | 20x | as long as short |
| Extended ARC-USD | +0.0504% | 1h | 0.07708 | +0.109% | $29K | $118K | 5x | as long as short |
| Binance ARCUSDT | +0.0506% | 4h | 0.07710 | +0.130% | $23.9M | $7.3M | 20x | as long as short |
| Bitget ARCUSDT | +0.0628% | 4h | 0.07702 | +0.026% | $1.7M | $547K | 10x | as long as short |
| Bybit ARCUSDTlong | +0.0893% | 4h | 0.07700 | long leg | $2.6M | $4.5M | 13x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARC-USDT | +0.0964% | 4h | 0.07709 | +0.117% | — | $1.7M | — | as long as short |
| Aster ARCUSDT | +0.0976% | 4h | 0.07708 | +0.103% | $19K | $16K | 5x | as long as short |
Bybit ARCUSDT
Gate ARC_USDT
Kraken Futures PF_ARCUSD
Lighter ARC
SunX ARC-USDT
KuCoin ARCUSDTM
BloFin ARC-USDT
Extended ARC-USD
Binance ARCUSDT
Bitget ARCUSDT
BingX ARC-USDT
Aster ARCUSDT