Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2105 | +0.0100 | pay 0.0013% / 1h | 17m 32s | $415K | $1.6M | 10x | Long Arcus5% off | |
| SHORT | 0.2107 | −0.4464 | pay 0.0558% / 1h | 17m 32s | $178K | $338K | 10x | Short RISExInvite |
Price gap+0.114%
Funding gap−0.4564% /8h
The gap pays +$8 on $10k if it goes back to its 7d average, but funding costs $137 a day and eats that in about 1 hour. At the last 7 days' pace that is about 4.6 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$12−0.4564% /8h now · paid −0.120% over the last 7D
Price+$8spread +0.114% now, avg +0.035% → +0.079% if it goes back
Costs−$240.242% of $10k · taker + slippage, in and out
Result−$28−0.28%+ Points / potential airdropArcus: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.120% in total, about −0.0057%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.114%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hENA on 45 exchanges
lowest funding firstBefore you open
5 ok · 1 to watch- OK: Fits both order books4.6 / 5.2 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $1,000Arcus 10x, RISEx 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$136.93Long Arcus: 24 payments, −$3.00; short RISEx: 24 payments, −$133.93.
- OK: Entry gap works for you+0.114% vs +0.035%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$178K vs $415K OIRISEx sets your exit cost. Check its book before closing.
- OK: Points on a legArcus pointsVolume here counts toward the points program.
- OK: No KYC on either legArcus No · RISEx NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0057%/8h × 21 periods−$11.95
Price spread+0.114% → +0.035% (7d avg)+$7.91
Slippage, 4 orderslive order books−$13.66
Fee Arcus bp × 2 orders−$4.50
Fee RISEx bp × 2 orders−$6.00
Net · 7 days · $10k−$28.20
Costs to cover0.242%Break-evennever at this rate
Slippage: Arcus: live order book, 2 min ago; RISEx: live order book, 12 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGArcus2.384.6 bp−$512.6 bp−$126doesn’t fitdoesn’t fit
SELL · SHORTRISEx1.925.2 bp−$530.0 bp−$300doesn’t fitdoesn’t fit
Closing costs about the same again.
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