Funding you earn now, next payment 08:00 UTC−0.0213%/8h= −23.3% APRnext payment −$1.06 per $10,000 · paid last 24h −0.099%
Price spread now: Bitget against Bybit−0.121%7-day average +0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$417as in the Funding arb table
Net, price: spread back to 7d avg − costs−$428as in the Price arb table
costs, in and out, $10k−$4104.098% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 7 days+0.299%+$30 · spread now −0.121%, 7d avg +0.059%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bitget is 0.179% cheaper against Bybit than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.059%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.069% in total (about -3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.06 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 | Bybit ARXUSDT | 0.2074 | 0.0313 | pay 0.0156% / 4h | 2h 43m | $4.2M | $2.4M | 20x |
| Short | Bitget ARXUSDT | 0.2072 | 0.0100 | get 0.0050% / 4h | 2h 43m | $2.0M | $1.8M | 20x |
Bybit ARXUSDT
Bitget ARXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$44.67
- Price spread: −0.121% → +0.059%
- −$17.94
- Slippage, 4 orders
- −$386.82
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$472.42
- Costs to cover
- 4.098%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Bitget: 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 Bybit live order book, 4 min ago | 7.20 bp | 154.5 bp −$155 | 3097.7 bp −$31.0K | 87049.8 bp −$8.70M | doesn't fit |
| Sell Bitget live order book, 3 min ago | 7.47 bp | 62.4 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
ARX on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARX-USDT | +0.0046% | 4h | 0.2076 | +0.096% | $241K | $42K | 20x | as long as short |
| Binance ARXUSDT | +0.0100% | 4h | 0.2071 | −0.145% | $5.5M | $11.6M | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0100% | 4h | 0.2070 | −0.193% | $734K | $3.3M | 20x | as long as short |
| Gate ARX_USDT | +0.0100% | 4h | 0.2082 | +0.386% | $1.1M | $442K | 20x | as long as short |
| MEXC ARX_USDT | +0.0100% | 4h | 0.2073 | −0.048% | $884K | $431K | 20x | as long as short |
| KuCoin ARXUSDTM | +0.0100% | 4h | 0.2070 | −0.207% | $721K | $834K | 20x | as long as short |
| Bitget ARXUSDTshort | +0.0100% | 4h | 0.2072 | −0.121% | $2.0M | $1.8M | 20x | |
| Aster ARXUSDT | +0.0306% | 4h | 0.2069 | −0.229% | $79K | $101K | 10x | as long as short |
| Bybit ARXUSDTlong | +0.0313% | 4h | 0.2074 | long leg | $4.2M | $2.4M | 20x | |
| BingX ARX-USDT | +0.0446% | 4h | 0.2073 | −0.048% | — | $1.7M | — | as long as short |
BloFin ARX-USDT
Binance ARXUSDT
OKX ARX-USDT-SWAP
Gate ARX_USDT
MEXC ARX_USDT
KuCoin ARXUSDTM
Aster ARXUSDT
BingX ARX-USDT