Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 5.0780 | +0.0551 | pay 0.0069% / 1h | 52m 32s | $674K | $1.9M | 10x | Long Arcus5% off | |
| SHORT | 5.0686 | +0.0100 | get 0.0013% / 1h | 52m 32s | $67K | $162K | 20x | Short Bullet |
Price gap−0.185%47s
Funding gap−0.0451% /8h
Both sides work against this direction now: funding costs $14 a day on $10k and the gap is 0.100% under its 7d average. Swap the legs.
The two prices were read 47 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$47−0.0451% /8h now · paid −0.466% over the last 6 days (all we have)
Price—spread −0.185%47s now · prices read too far apart to compare
Costs−$240.240% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Bullet price against Arcusnow
RANGE STATS · 7D
Now−0.185%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hNEAR on 44 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Large against open interest9.1 / 5.7 bp$10k is over 10% of Bullet’s open interest.
- Note: Margin at max leverage$1,000 + $500Arcus 10x, Bullet 20x. 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: −$13.53Long Arcus: 24 payments, −$16.53; short Bullet: 24 payments, +$3.00.
- Watch: Prices read 47 s apart−0.185% vs −0.085%Part of this gap may be the market moving.
- Watch: Short leg is thinner$67K vs $674K OIBullet sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legArcus No · Bullet NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0255%/8h × 21 periods−$53.53
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$11.54
Fee Arcus bp × 2 orders−$4.50
Fee Bullet bp × 2 orders−$8.00
Net · 7 days · $10k−$77.57
price spread not counted: prices read too far apartCosts to cover0.240%Break-evennever at this rate
Slippage: Arcus: live order book, 1 min ago; Bullet: live order book, 21 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGArcus0.989.1 bp−$911.8 bp−$118doesn’t fitdoesn’t fit
SELL · SHORTBullet1.385.7 bp−$68.8 bp−$88doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-30 02:45 | MEXC | Other | Not NEAR anymore. It’s here. 👀 $NRR is officially trading on NYSE Arca. Continuation or sell the news? 🤔 @MEXC on X ↗ |
| 09-30 01:05 | Reya | Listing | NEARRUSDPERP no longer reported ($NEAR) seen by our collector |
| 09-29 11:00 | Bulk | Listing | NEAR-USD no longer reported ($NEAR) seen by our collector |
| 09-28 18:50 | Aevo | Other | bitcoin:native is back near $83k after trading above $86k last week. Whether you trade the continuation or pullback, all options and this week’s Perp Majors count toward the volume requirement for our year-end reward. This week’s Perp Majors include: BTC, ETH, SOL, ZEC, NEAR, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗ |
| 09-28 14:46 | RISEx | Other | This week on RISEx Market Desk: Macro: A third central bank joins the hiking cycle, and Friday delivers the first jobs report since the Fed’s pivot Crypto: Solana’s biggest upgrade yet goes live, NEAR ETF clears key hurdles, and Zcash pulls off a 3-for-1 split. Equities: One trade, three tickers - Micron ($MU) reports after the close, with potential spillover to $SKHYNIX, $DRAM, and $SNDK Watching Friday closely. Trade well @risextrade on X ↗ |
| 09-28 03:00 | MEXC | Other | NEAR enough to get interesting. 👀 ETF access is getting closer. Momentum holds or cools off? @MEXC on X ↗ |

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