Funding arb · Price arb / Crypto
USELESS
All USELESS markets →
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2408 | +0.0993 | pay 0.0124% / 1h | 49m 29s | $234K | $508K | 10x | Long Arcus5% off | |
| SHORT | 0.2405 | +0.0223 | get 0.0112% / 4h | 1h 49m | $21.1M | $27.3M | 12.5x | Short Bybit |
Price gap−0.133%
Funding gap−0.0770% /8h
Funding costs $23 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$70−0.0770% /8h now · paid −0.697% over the last 5 days (all we have)
Price+$1spread −0.133% now, avg −0.142% → +0.009% if it goes back
Costs−$570.572% of $10k · taker + slippage, in and out
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
Bybit price against Arcusnow
RANGE STATS · 7D
Now−0.133%
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 · 4 to watch- Watch: Thin at this size16.4 / 17.2 bpAt $10k entering Bybit costs 17.2 bp, fee and slippage, 1.0× Arcus’s.
- Note: Margin at max leverage$1,000 + $800Arcus 10x, Bybit 12.5x. 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: −$23.09Long Arcus: 24 payments, −$29.79; short Bybit: 6 payments, +$6.70.
- Note: Gap at its usual level−0.133% vs −0.142%The price leg adds little either way.
- Watch: Long leg is thinner$234K vs $21.1M OIArcus sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCArcus No · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0446%/8h × 21 periods−$93.59
Price spread−0.133% → −0.142% (7d avg)+$0.93
Slippage, 4 orderslive order books−$41.73
Fee Arcus bp × 2 orders−$4.50
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$149.89
Costs to cover0.572%Break-evennever at this rate
Slippage: Arcus: live order book, 29 min ago; Bybit: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGArcus4.1716.4 bp−$1642.6 bp−$426doesn’t fitdoesn’t fit
SELL · SHORTBybit1.4617.2 bp−$1743.8 bp−$438doesn’t fitdoesn’t fit
Closing costs about the same again.
Nado