Funding you earn now, next payment 00:00 UTC+0.2590%/8h= +283.7% APRpaid last 24h +0.651%
Price spread now: Bybit against Gate−0.950%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$272as in the Price arb table
costs, in and out, $10k−$1811.807% of the position
Funding, last 7 days+0.998%+$100 on $10k
+Price spread, last 4 days (all we have)+1.021%+$102 · spread now −0.950%, 7d avg −0.036%
=Funding pays, the price is against you. Bybit is 0.914% cheaper against Gate than usual: you would sell low and buy high (spread −0.950% now, against its 7-day average of −0.036%). If the spread goes back, that is −$91 on $10k: about 28 hours of funding at the current rate (+$78 a day). At the pace of the last 7 days (+0.998% in total) that is about 6.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.998% in total (about 52.0% a year). A funding rate is set anew for every payment. 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 ARK_USDT | 0.1548 | −0.0601 | get 0.0601% / 8h | 37m 06s | $195K | $123K | 25x |
| Short | Bybit ARKUSDT | 0.1533 | 0.1989 | get 0.0995% / 4h | 37m 06s | $1.3M | $1.0M | 25x |
Gate ARK_USDT
Bybit ARKUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $543.99
- Price spread: −0.950% → −0.036%
- −$91.38
- Slippage, 4 orders
- −$154.74
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $271.86
- Costs to cover
- 1.807%
- Break-even
- 3.5 days
Slippage from Gate: live order book, 34 min ago; Bybit: live order book, 4 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, 34 min ago | 6.49 bp | 47.8 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 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_USDTlong | −0.0601% | 8h | 0.1548 | long leg | $195K | $123K | 25x | |
| KuCoin ARKUSDTM | −0.0078% | 4h | 0.1546 | −0.129% | $782K | $37K | 30x | as long as short |
| Binance ARKUSDT | +0.0100% | 4h | 0.1548 | −0.022% | $3.4M | $3.8M | 40x | as long as short |
| MEXC ARK_USDT | +0.0100% | 4h | 0.1548 | 0.000% | $507K | $162K | 20x | as long as short |
| Bitget ARKUSDT | +0.0100% | 4h | 0.1547 | −0.065% | $401K | $295K | 25x | as long as short |
| BingX ARK-USDT | +0.1946% | 4h | 0.1543 | −0.323% | — | $2.4M | — | as long as short |
| Bybit ARKUSDTshort | +0.1989% | 4h | 0.1533 | −0.950% | $1.3M | $1.0M | 25x | |
| Variational Omni ARK | +0.2716% | 4h | 0.1538 | −0.633% | $19K | $16K | — | as long as short |
KuCoin ARKUSDTM
Binance ARKUSDT
MEXC ARK_USDT
Bitget ARKUSDT
BingX ARK-USDT
Variational Omni ARK