Funding you earn now, next payment 00:00 UTC+0.0184%/8h= +20.2% APRnext payment +$0.23 per $10,000 · paid last 24h +0.104%
Price spread now: Deribit against Arcus+0.055%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Deribit is 0.055% dearer against Arcus than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus BE-USD | 274.06 | 0.0040 | pay 0.0005% / 1h | 1m 05s | $114K | $120K | 10x |
| Short | Deribit BE_USDC-PERPETUAL | 274.21 | 0.0224 | get 0.0028% / 1h | 1m 05s | $7K | $4K | 10x |
Arcus BE-USD
Deribit BE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Arcus. 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
- $38.65
- Price spread: +0.055% → 0.000%
- $5.47
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $32.62
- Costs to cover
- 0.115%
- Break-even
- 1.1 days
Slippage unknown: Arcus: live order book, 12 min ago; Deribit: no order-book sample. Net counts fees only.
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 Arcus live order book, 12 min ago | 1.83 bp | 9.3 bp −$9 | 14.7 bp −$147 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BE on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BEUSDT | 0.0000% | 8h | 274.54 | +0.175% | $345K | $119K | 20x | as long as short |
| Bybit BEUSDT | 0.0000% | 8h | 274.26 | +0.073% | $2.0M | $1.2M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.00 | −0.022% | $1.5M | $3.7M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 274.18 | +0.044% | $1.7M | $2.6M | 20x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 274.26 | +0.073% | $1K | $2.5M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 274.31 | +0.091% | $13K | $33K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 274.05 | −0.004% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 274.19 | +0.047% | $250K | $380K | 10x | as long as short |
| Arcus BE-USDlong | +0.0040% | 1h | 274.06 | long leg | $114K | $120K | 10x | |
| Vest BE-USD-PERP | +0.0046% | 1h | 274.28 | +0.080% | — | — | 10x | as long as short |
Aster BEUSDT
Bybit BEUSDT
Gate BE_USDT
Bitget BEUSDT
SunX BE-USDT
HTX BE-USDT
Lighter BE
Lighter RH BE
Vest BE-USD-PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BE | +0.0050% | 1h | 274.07 | +0.004% | $5.9M | $2.9M | 10x | as long as short |
| QFEX BE-USD | +0.0073% | 1h | 274.16 | +0.036% | $1.3M | $3.9M | 10x | as long as short |
| Binance BEUSDT | +0.0086% | 8h | 274.28 | +0.080% | $8.5M | $36.8M | 25x | as long as short |
| Extended BE-USD | +0.0088% | 1h | 274.22 | +0.060% | $46K | $270K | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0088% | 1h | 274.13 | +0.026% | $469K | $117K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 274.10 | +0.015% | $370K | $23K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 274.22 | +0.059% | — | — | 10x | as long as short |
| GRVT BE_USDT_Perp | +0.0107% | 8h | 274.34 | +0.102% | $6K | $182K | 10x | as long as short |
| BloFin BE-USDT | +0.0206% | 8h | 274.30 | +0.088% | $45K | $141K | 20x | as long as short |
| Deribit BE_USDC-PERPETUALshort | +0.0224% | 1h | 274.21 | +0.055% | $7K | $4K | 10x | |
| OKX BE-USDT-SWAP | +0.0255% | 8h | 274.24 | +0.066% | $2.6M | $6.9M | 25x | as long as short |
tradeXYZ xyz:BE
QFEX BE-USD
Binance BEUSDT
Extended BE-USD
Coinbase International BE-PERP-INTX
KuCoin BEUSDTM
Aevo BE-PERP
GRVT BE_USDT_Perp
BloFin BE-USDT
OKX BE-USDT-SWAP