ARC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1104%/8h= +120.9% APRnext payment +$5.52 per $10,000 · paid last 24h +0.172%

Price spread now: Bybit against Gate−0.013%7-day average +0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$603as in the Funding arb table

Net, price: spread back to 7d avg − costs−$638as in the Price arb table

costs, in and out, $10k−$6346.341% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.308%+$31 on $10k

Price spread, last 7 days+0.240%+$24 · spread now −0.013%, 7d avg +0.023%

Together, before fees+0.547%+$55 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.036% cheaper against Gate than usual: you would sell low and buy high (spread −0.013% now, against its 7-day average of +0.023%). If the spread goes back, that is −$4 on $10k: about 3 hours of funding at the current rate (+$33 a day). At the pace of the last 7 days (+0.308% in total) that is about 19 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.308% in total (about 16.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.52 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	Gate ARC_USDT	0.07802	0.0100	pay 0.0050% / 4h	57m 03s	$3.0M	$227K	20x
Short	Bybit ARCUSDT	0.07801	0.1204	get 0.0602% / 4h	57m 03s	$2.7M	$4.6M	13x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee BybitbpOrdersPrice spread, now −0.013%Rate

Funding earned: $231.84
Price spread: −0.013% → +0.023%: −$3.57
Slippage, 4 orders: −$608.13
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$405.86
Costs to cover: 6.341%
Break-even: 19.3 days

Slippage from Gate: live order book, 1 min ago; Bybit: 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 Gate live order book, 1 min ago	13.45 bp	201.3 bp −$201	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	3.85 bp	97.4 bp −$97	328.3 bp −$3,283	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
Lighter ARC	+0.0096%	1h	0.07810	+0.104%	$38K	$6K	3x	as long as short
Gate ARC_USDTlong	+0.0100%	4h	0.07802	long leg	$3.0M	$227K	20x
SunX ARC-USDT	+0.0100%	4h	0.07793	−0.115%	$1K	$1.5M	20x	as long as short
KuCoin ARCUSDTM	+0.0128%	4h	0.07817	+0.191%	$1.3M	$1.8M	20x	as long as short
Aster ARCUSDT	+0.0231%	4h	0.07793	−0.120%	$19K	$15K	5x	as long as short
Extended ARC-USD	+0.0512%	1h	0.07812	+0.127%	$30K	$191K	5x	as long as short
Binance ARCUSDT	+0.0515%	4h	0.07827	+0.317%	$24.3M	$6.9M	20x	as long as short
BloFin ARC-USDT	+0.0551%	4h	0.07808	+0.077%	$1.2M	$41K	20x	as long as short
Bitget ARCUSDT	+0.1012%	4h	0.07829	+0.346%	$1.7M	$523K	10x	as long as short
Bybit ARCUSDTshort	+0.1204%	4h	0.07801	−0.013%	$2.7M	$4.6M	13x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ARC-USDT	+0.1249%	4h	0.07823	+0.269%	—	$1.7M	—	as long as short
Kraken Futures PF_ARCUSD	+0.1485%	1h	0.07794	−0.096%	$53K	$85K	20x	as long as short