Funding you earn now, next payment 00:00 UTC−0.3002%/8h= −328.7% APRnext payment −$15.01 per $10,000 · paid last 24h −0.139%
Price spread now: SunX against Bybit+0.076%56s7-day average +0.097% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.333%−$33 on $10k
+Price spread, last 3 days (all we have)−0.013%−$1 · spread now +0.076%, 7d avg +0.097%
=Both sides work against this trade now: funding costs −$90 a day on $10k at the current rate, and SunX is 0.021% cheaper against Bybit than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.097%). Swap the legs. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.333% in total (about -17.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$15.01 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 | 0.07926 | 0.3102 | pay 0.1551% / 4h | 2h 36m | $2.8M | $4.4M | 13x |
| Short | SunX ARC-USDT | 0.07932 | 0.0100 | get 0.0050% / 4h | 2h 36m | $1K | $1.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$630.33
- Price spread: +0.076% → +0.097%
- −$2.14
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$651.47
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 1 min ago; SunX: live order book, 8 min ago. 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, 1 min ago | 3.78 bp | 101.2 bp −$101 | 246.3 bp −$2,463 | doesn't fit | doesn't fit |
| Sell SunX live order book, 8 min ago | 486.84 bp | doesn't fit | 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 | −0.0093% | 1h | 0.07899 | −0.344% | $50K | $79K | 20x | as long as short |
| Lighter ARC | +0.0096% | 1h | 0.07921 | −0.064% | $43K | $2K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07950 | +0.303% | $3.1M | $333K | 20x | as long as short |
| SunX ARC-USDTshort | +0.0100% | 4h | 0.07932 | +0.076% | $1K | $1.5M | 20x | |
| Bitget ARCUSDT | +0.0948% | 4h | 0.07928 | +0.025% | $1.7M | $532K | 10x | as long as short |
| KuCoin ARCUSDTM | +0.1070% | 4h | 0.07945 | +0.235% | $1.3M | $1.8M | 20x | as long as short |
| Extended ARC-USD | +0.1080% | 1h | 0.07935 | +0.114% | $30K | $118K | 5x | as long as short |
| Binance ARCUSDT | +0.1083% | 4h | 0.07933 | +0.088% | $24.6M | $7.2M | 20x | as long as short |
| BloFin ARC-USDT | +0.1101% | 4h | 0.07934 | +0.101% | $1.2M | $62K | 20x | as long as short |
| Aster ARCUSDT | +0.1717% | 4h | 0.07937 | +0.139% | $20K | $16K | 5x | 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 | +0.3096% | 4h | 0.07933 | +0.088% | — | $1.7M | — | as long as short |
| Bybit ARCUSDTlong | +0.3102% | 4h | 0.07926 | long leg | $2.8M | $4.4M | 13x |
Bybit ARCUSDT
SunX ARC-USDT
Kraken Futures PF_ARCUSD
Lighter ARC
Gate ARC_USDT
Bitget ARCUSDT
KuCoin ARCUSDTM
Extended ARC-USD
Binance ARCUSDT
BloFin ARC-USDT
Aster ARCUSDT
BingX ARC-USDT