Funding you earn now, next payment 05:00 UTC+0.0127%/8h= +13.9% APRpaid last 24h −0.150%
Price spread now: Kraken Futures against Bybit+0.124%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.068%+$107 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Kraken Futures is 0.124% dearer against Bybit than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARCUSDT | 0.07749 | 0.0631 | pay 0.0316% / 4h | 3h 08m | $2.7M | $4.6M | 13x |
| Short | Kraken Futures PF_ARCUSD | 0.07759 | 0.0759 | get 0.0095% / 1h | 8m 09s | $53K | $84K | 20x |
Bybit ARCUSDT
Kraken Futures PF_ARCUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $26.7
- Price spread: +0.124% → 0.000%
- $12.39
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $18.1
- Costs to cover
- 0.210%
- Break-even
- 2.3 days
Slippage unknown: Bybit: live order book, 5 min ago; Kraken Futures: no order-book sample. Net counts fees only.
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, 5 min ago | 5.79 bp | 116.2 bp −$116 | 300.8 bp −$3,008 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.07767 | +0.234% | $38K | $6K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07769 | +0.258% | $3.0M | $216K | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0100% | 4h | 0.07790 | +0.524% | $1.3M | $1.7M | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07763 | +0.181% | $1K | $1.4M | 20x | as long as short |
| Aster ARCUSDT | +0.0605% | 4h | 0.07763 | +0.181% | $18K | $15K | 5x | as long as short |
| Bybit ARCUSDTlong | +0.0631% | 4h | 0.07749 | long leg | $2.7M | $4.6M | 13x | |
| BloFin ARC-USDT | +0.0696% | 4h | 0.07766 | +0.219% | $1.2M | $39K | 20x | as long as short |
| Binance ARCUSDT | +0.0748% | 4h | 0.07773 | +0.310% | $24.1M | $6.7M | 20x | as long as short |
| Extended ARC-USD | +0.0752% | 1h | 0.07779 | +0.385% | $32K | $198K | 5x | as long as short |
| Kraken Futures PF_ARCUSDshort | +0.0759% | 1h | 0.07759 | +0.124% | $53K | $84K | 20x |
Lighter ARC
Gate ARC_USDT
KuCoin ARCUSDTM
SunX ARC-USDT
Aster ARCUSDT
BloFin ARC-USDT
Binance ARCUSDT
Extended ARC-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARC-USDT | +0.1000% | 4h | 0.07779 | +0.387% | — | $1.7M | — | as long as short |
| Bitget ARCUSDT | +0.1036% | 4h | 0.07783 | +0.439% | $1.7M | $509K | 10x | as long as short |
BingX ARC-USDT
Bitget ARCUSDT