Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.5% APRpaid last 24h +0.012%
Price spread now: Arcus against Bybit+0.090%7-day average +0.130% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$320.319% of the position
Funding, last 3 days (all we have)+0.106%+$11 on $10k
+Price spread, last 4 days (all we have)−0.103%−$10 · spread now +0.090%, 7d avg +0.130%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.041% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.130%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BNBUSDT | 801.98 | 0.0096 | pay 0.0096% / 8h | 2h 48m | $138.8M | $83.0M | 75x |
| Short | Arcus BNB-USD | 802.70 | 0.0100 | get 0.0013% / 1h | 48m 34s | $52K | $161K | 10x |
Bybit BNBUSDT
Arcus BNB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus 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
- $0.9
- Price spread: +0.090% → +0.130%
- −$4.05
- Slippage, 4 orders
- −$16.37
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$35.02
- Costs to cover
- 0.319%
- Break-even
- 279.1 days
Slippage from Bybit: live order book, 6 min ago; Arcus: live order book, 39 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, 6 min ago | 0.62 bp | 6.3 bp −$6 | 8.1 bp −$81 | 21.5 bp −$2,152 | 126.7 bp −$63.3K |
| Sell Arcus live order book, 39 min ago | 5.59 bp | 9.4 bp −$9 | 22.5 bp −$225 | doesn't fit | doesn't fit |
BNB on 46 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0195% / S +0.0371% | 1h | 802.28 | +0.037% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 802.66 | +0.085% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 803.08 | +0.137% | $3.0M | $30.0M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 802.90 | +0.115% | $109K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 803.05 | +0.133% | $868K | $3.0M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 802.22 | +0.029% | $9.7M | — | 150x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0038% | 1h | 802.31 | +0.041% | $2.5M | $916K | 50x | as long as short |
| Variational Omni BNB | +0.0063% | 8h | 802.15 | +0.022% | $4.1M | $5.3M | — | as long as short |
| BingX BNB-USDC | +0.0070% | 8h | 802.48 | +0.062% | — | $13.3M | — | as long as short |
| Aster BNBUSDT | +0.0085% | 8h | 802.90 | +0.115% | $6.4M | $18.9M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Kraken Futures PF_BNBUSD
Variational Omni BNB
BingX BNB-USDC
Aster BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BNB-PERP-INTX | +0.0088% | 1h | 803.99 | +0.251% | $608K | $898K | 50x | as long as short |
| Bybit BNBUSDTlong | +0.0096% | 8h | 801.98 | long leg | $138.8M | $83.0M | 75x | |
| Lighter BNB | +0.0096% | 1h | 802.57 | +0.074% | $2.8M | $4.2M | 20x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 802.25 | +0.033% | $1.4M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 802.65 | +0.084% | $1.2M | $923K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 802.40 | +0.052% | $54.9M | $115.1M | 50x | as long as short |
| Arcus BNB-USDshort | +0.0100% | 1h | 802.70 | +0.090% | $52K | $161K | 10x | |
| Gate BNB_USDT | +0.0100% | 8h | 802.20 | +0.027% | $35.9M | $58.2M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 802.21 | +0.029% | $28.1M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 802.16 | +0.022% | $78.9M | $24.5M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 803.76 | +0.222% | $4.2M | $76.8M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 803.32 | +0.167% | $158K | $437K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 802.18 | +0.025% | $118K | $869K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 802.21 | +0.029% | $388K | $595K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 802.42 | +0.055% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 802.83 | +0.105% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 802.30 | +0.040% | $395K | $1.0M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 802.72 | +0.092% | $1.6M | $162K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 802.58 | +0.075% | $8.2M | $7.4M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 803.09 | +0.138% | $78K | $19K | 50x | as long as short |
| Binance BNBUSDT | +0.0102% | 8h | 803.10 | +0.140% | $518.0M | $806.6M | 75x | as long as short |
| MEXC BNB_USDT | +0.0102% | 8h | 803.60 | +0.202% | $84.3M | $13.5M | 200x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 802.18 | +0.025% | $1.9M | $6.1M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 802.35 | +0.046% | $385K | $40K | 10x | as long as short |
| Phemex BNBUSDT | +0.0123% | 8h | 802.78 | +0.100% | $70.1M | $51.6M | 50x | as long as short |
| Phoenix BNB | +0.0125% | 1h | 803.11 | +0.141% | $173K | $35K | 10x | as long as short |
| Bulk BNB-USD | +0.0161% | 1h | 803.45 | +0.183% | $649K | $11K | 10x | as long as short |
| Hyperliquid BNB | +0.0161% | 1h | 803.07 | +0.136% | $51.6M | $21.3M | 10x | as long as short |
| dYdX BNB-USD | +0.0207% | 1h | 802.35 | +0.046% | $170K | $55K | 10x | as long as short |
| RISEx BNB/USDC | +0.0209% | 1h | 802.86 | +0.109% | $1.1M | $1.4M | 20x | as long as short |
| BloFin BNB-USDT | +0.0222% | 8h | 802.79 | +0.101% | $18.8M | $3.1M | 75x | as long as short |
| Hibachi BNB/USDT-P | +0.0248% | 1h | 802.79 | +0.101% | $71K | $48K | 12x | as long as short |
| 01 Exchange BNBUSD | +0.0320% | 1h | 803.23 | +0.156% | $28K | $1K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0335% | 1h | 801.97 | −0.001% | $6K | $3K | 40x | as long as short |
| Injective BNB/USDC PERP | +0.0353% | 1h | 804.92 | +0.367% | $19K | $526K | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.0682% | 1h | 803.45 | +0.183% | $3.0M | $5.3M | 40x | as long as short |
Coinbase International BNB-PERP-INTX
Lighter BNB
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Binance BNBUSDT
MEXC BNB_USDT
Extended BNB-USD
Aevo BNB-PERP
Phemex BNBUSDT
Phoenix BNB
Bulk BNB-USD
Hyperliquid BNB
dYdX BNB-USD
RISEx BNB/USDC
BloFin BNB-USDT
Hibachi BNB/USDT-P
01 Exchange BNBUSD
Reya BNBRUSDPERP
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP