Funding you earn now, next payment 00:00 UTC+0.6612%/8h= +724.0% APRnext payment +$33.06 per $10,000 · paid last 24h +0.567%
Price spread now: Bybit against Binance−0.714%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$198as in the Price arb table
costs, in and out, $10k−$1261.259% of the position
Funding, last 7 days+0.667%+$67 on $10k
+Price spread, last 7 days+1.141%+$114 · spread now −0.714%, 7d avg +0.003%
=Funding pays, the price is against you. Bybit is 0.717% cheaper against Binance than usual: you would sell low and buy high (spread −0.714% now, against its 7-day average of +0.003%). If the spread goes back, that is −$72 on $10k: about 9 hours of funding at the current rate (+$198 a day). At the pace of the last 7 days (+0.667% in total) that is about 7.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.667% in total (about 34.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$33.06 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 | Binance ARKUSDT | 0.1548 | 0.0100 | pay 0.0050% / 4h | 2h 40m | $3.5M | $3.8M | 40x |
| Short | Bybit ARKUSDT | 0.1537 | 0.6712 | get 0.3356% / 4h | 2h 40m | $1.3M | $985K | 25x |
Binance ARKUSDT
Bybit ARKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- $1,388.42
- Price spread: −0.714% → +0.003%
- −$71.7
- Slippage, 4 orders
- −$104.92
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $1,190.81
- Costs to cover
- 1.259%
- Break-even
- 1.0 days
Slippage from Binance: live order book, 11 min ago; Bybit: live order book, 5 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 Binance live order book, 11 min ago | 6.43 bp | 18.5 bp −$18 | 113.4 bp −$1,134 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 8.44 bp | 41.8 bp −$42 | 789.0 bp −$7,890 | doesn't fit | doesn't fit |
ARK on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ARKUSDTlong | +0.0100% | 4h | 0.1548 | long leg | $3.5M | $3.8M | 40x | |
| Gate ARK_USDT | +0.0100% | 8h | 0.1545 | −0.216% | $192K | $120K | 25x | as long as short |
| MEXC ARK_USDT | +0.0100% | 4h | 0.1549 | +0.042% | $518K | $167K | 20x | as long as short |
| KuCoin ARKUSDTM | +0.0100% | 4h | 0.1548 | −0.023% | $784K | $37K | 30x | as long as short |
| Bitget ARKUSDT | +0.0100% | 4h | 0.1547 | −0.087% | $390K | $276K | 25x | as long as short |
| Variational Omni ARK | +0.5640% | 4h | 0.1539 | −0.600% | $18K | $16K | — | as long as short |
| BingX ARK-USDT | +0.6184% | 4h | 0.1543 | −0.346% | — | $2.4M | — | as long as short |
| Bybit ARKUSDTshort | +0.6712% | 4h | 0.1537 | −0.714% | $1.3M | $985K | 25x |
Gate ARK_USDT
MEXC ARK_USDT
KuCoin ARKUSDTM
Bitget ARKUSDT
Variational Omni ARK
BingX ARK-USDT