Funding arb · Price arb / Crypto
USELESS
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| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2403 | +0.0993 | pay 0.0124% / 1h | 55m 57s | $234K | $508K | 10x | Long Arcus5% off | |
| SHORT | 0.2402 | +0.0856 | get 0.0428% / 4h | 1h 55m | $4.6M | $5.6M | 20x | Short Bitget |
Price gap−0.042%50s
Funding gap−0.0137% /8h
The gap pays +$7 on $10k if it goes back to its 7d average, but funding costs $4 a day and eats that in about 41 hours. At the last 7 days' pace that is about 17 hours.
The two prices were read 50 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−$50−0.0137% /8h now · paid −0.504% over the last 5 days (all we have)
Price—spread −0.042%50s now · prices read too far apart to compare
Costs−$700.701% 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
Bitget price against Arcusnow
RANGE STATS · 7D
Now−0.042%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hUSELESS on 26 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size16.4 / 20.4 bpAt $10k entering Bitget costs 20.4 bp, fee and slippage, 1.2× Arcus’s.
- Note: Margin at max leverage$1,000 + $500Arcus 10x, Bitget 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$4.11Long Arcus: 24 payments, −$29.79; short Bitget: 6 payments, +$25.68.
- Watch: Prices read 50 s apart−0.042% vs −0.111%Part of this gap may be the market moving.
- Watch: Long leg is thinner$234K vs $4.6M OIArcus sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCArcus No · Bitget YesKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0322%/8h × 21 periods−$67.66
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$53.65
Fee Arcus bp × 2 orders−$4.50
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$137.80
price spread not counted: prices read too far apartCosts to cover0.701%Break-evennever at this rate
Slippage: Arcus: live order book, 23 min ago; Bitget: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGArcus4.1716.4 bp−$1642.6 bp−$426doesn’t fitdoesn’t fit
SELL · SHORTBitget3.3420.4 bp−$2070.1 bp−$701doesn’t fitdoesn’t fit
Closing costs about the same again.
Nado