Funding you earn now, next payment 01:00 UTC−0.0166%/8h= −18.2% APRpaid last 24h −0.061%
Price spread now: Arcus against BloFin−0.258%7-day average −0.127% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$370.373% of the position
Funding, last 3 days (all we have)−0.108%−$11 on $10k
+Price spread, last 3 days (all we have)+0.017%+$2 · spread now −0.258%, 7d avg −0.127%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Arcus is 0.131% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.127%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BE-USDT | 275.01 | 0.0206 | pay 0.0206% / 8h | 7h 56m | $45K | $142K | 20x |
| Short | Arcus BE-USD | 274.30 | 0.0040 | get 0.0005% / 1h | 56m 28s | $115K | $117K | 10x |
BloFin BE-USDT
Arcus BE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against BloFin. 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
- −$34.9
- Price spread: −0.258% → −0.127%
- −$13.08
- Slippage, 4 orders
- −$20.78
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$85.25
- Costs to cover
- 0.373%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 65 min ago; Arcus: live order book, 16 min ago.
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 BloFin live order book, 65 min ago | 0.73 bp | 13.9 bp −$14 | 29.4 bp −$294 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 16 min ago | 1.83 bp | 5.5 bp −$5 | 11.2 bp −$112 | doesn't fit | doesn't fit |
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 | 274.72 | −0.104% | $346K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.60 | −0.149% | $1.5M | $3.4M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 274.75 | −0.095% | $1.7M | $2.6M | 20x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 274.87 | −0.051% | $1K | $2.5M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 274.26 | −0.273% | $13K | $33K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 274.75 | −0.095% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 274.94 | −0.025% | $251K | $298K | 10x | as long as short |
| QFEX BE-USD | +0.0037% | 1h | 274.97 | −0.015% | $1.3M | $3.9M | 10x | as long as short |
| Arcus BE-USDshort | +0.0040% | 1h | 274.30 | −0.258% | $115K | $117K | 10x | |
| Vest BE-USD-PERP | +0.0046% | 1h | 275.17 | +0.058% | — | — | 10x | as long as short |
Aster BEUSDT
Gate BE_USDT
Bitget BEUSDT
SunX BE-USDT
HTX BE-USDT
Lighter BE
Lighter RH BE
QFEX BE-USD
Vest BE-USD-PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BEUSDT | +0.0072% | 8h | 275.11 | +0.036% | $2.0M | $1.2M | 25x | as long as short |
| Extended BE-USD | +0.0088% | 1h | 274.96 | −0.019% | $46K | $266K | 10x | as long as short |
| Binance BEUSDT | +0.0089% | 8h | 275.25 | +0.087% | $8.6M | $36.6M | 25x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 274.94 | −0.025% | $371K | $22K | 20x | as long as short |
| GRVT BE_USDT_Perp | +0.0103% | 8h | 274.27 | −0.268% | $6K | $182K | 10x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 274.51 | −0.183% | — | — | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0128% | 1h | 273.32 | −0.615% | $467K | $116K | 10x | as long as short |
| BloFin BE-USDTlong | +0.0206% | 8h | 275.01 | long leg | $45K | $142K | 20x | |
| OKX BE-USDT-SWAP | +0.0257% | 8h | 275.15 | +0.051% | $2.6M | $6.9M | 25x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0442% | 1h | 274.86 | −0.055% | $7K | $4K | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0868% | 1h | 274.67 | −0.124% | $5.9M | $2.9M | 10x | as long as short |
Bybit BEUSDT
Extended BE-USD
Binance BEUSDT
KuCoin BEUSDTM
GRVT BE_USDT_Perp
Aevo BE-PERP
Coinbase International BE-PERP-INTX
OKX BE-USDT-SWAP
Deribit BE_USDC-PERPETUAL
tradeXYZ xyz:BE