Funding you earn now, next payment 00:00 UTC+0.1889%/8h= +206.9% APRnext payment +$9.45 per $10,000 · paid last 24h +0.567%
Price spread now: Bybit against Bitget−0.666%7-day average −0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1271.273% of the position
Funding, last 7 days+0.434%+$43 on $10k
+Price spread, last 4 days (all we have)+0.809%+$81 · spread now −0.666%, 7d avg −0.109%
=Funding pays, the price is against you. Bybit is 0.557% cheaper against Bitget than usual: you would sell low and buy high (spread −0.666% now, against its 7-day average of −0.109%). If the spread goes back, that is −$56 on $10k: about 24 hours of funding at the current rate (+$57 a day). At the pace of the last 7 days (+0.434% in total) that is about 9.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.434% in total (about 22.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.45 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 | Bitget ARKUSDT | 0.1547 | 0.0100 | pay 0.0050% / 4h | 37m 40s | $401K | $295K | 25x |
| Short | Bybit ARKUSDT | 0.1537 | 0.1989 | get 0.0995% / 4h | 37m 40s | $1.3M | $1.0M | 25x |
Bitget ARKUSDT
Bybit ARKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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
- $396.78
- Price spread: −0.666% → −0.109%
- −$55.71
- Slippage, 4 orders
- −$104.27
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $213.8
- Costs to cover
- 1.273%
- Break-even
- 3.2 days
Slippage from Bitget: live order book, 33 min ago; Bybit: live order book, 3 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 Bitget live order book, 33 min ago | 6.49 bp | 36.0 bp −$36 | 115.8 bp −$1,158 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 5.53 bp | 31.4 bp −$31 | 237.2 bp −$2,372 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ARK_USDT | −0.0601% | 8h | 0.1548 | +0.065% | $195K | $123K | 25x | as long as short |
| KuCoin ARKUSDTM | −0.0078% | 4h | 0.1547 | 0.000% | $783K | $37K | 30x | as long as short |
| Binance ARKUSDT | +0.0100% | 4h | 0.1548 | +0.065% | $3.4M | $3.8M | 40x | as long as short |
| MEXC ARK_USDT | +0.0100% | 4h | 0.1548 | +0.065% | $507K | $162K | 20x | as long as short |
| Bitget ARKUSDTlong | +0.0100% | 4h | 0.1547 | long leg | $401K | $295K | 25x | |
| BingX ARK-USDT | +0.1967% | 4h | 0.1543 | −0.259% | — | $2.4M | — | as long as short |
| Bybit ARKUSDTshort | +0.1989% | 4h | 0.1537 | −0.666% | $1.3M | $1.0M | 25x | |
| Variational Omni ARK | +0.2716% | 4h | 0.1538 | −0.568% | $19K | $16K | — | as long as short |
Gate ARK_USDT
KuCoin ARKUSDTM
Binance ARKUSDT
MEXC ARK_USDT
BingX ARK-USDT
Variational Omni ARK