Funding you earn now, next payment 06:00 UTC+0.0037%/8h= +4.1% APRpaid last 24h +0.001%
Price spread now: Arcus against Bybit−0.188%7-day average −0.095% · 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−$84as in the Price arb table
costs, in and out, $10k−$740.745% of the position
Funding, last 4 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.222%+$22 · spread now −0.188%, 7d avg −0.095%
=Funding pays, the price is against you. Arcus is 0.093% cheaper against Bybit than usual: you would sell low and buy high (spread −0.188% now, against its 7-day average of −0.095%). If the spread goes back, that is −$9 on $10k: about 8.3 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BEUSDT | 271.58 | 0.0003 | pay 0.0003% / 8h | 2h 37m | $2.0M | $1.1M | 25x |
| Short | Arcus BE-USD | 271.07 | 0.0040 | get 0.0005% / 1h | 37m 02s | $113K | $109K | 10x |
Bybit BEUSDT
Arcus BE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Bybit. 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
- $7.81
- Price spread: −0.188% → −0.095%
- −$9.29
- Slippage, 4 orders
- −$58.96
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$75.93
- Costs to cover
- 0.745%
- Break-even
- 75.0 days
Slippage from Bybit: live order book, 5 min ago; Arcus: live order book, 11 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 Bybit live order book, 5 min ago | 3.87 bp | 30.8 bp −$31 | 206.7 bp −$2,067 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 11 min ago | 4.22 bp | 14.9 bp −$15 | 25.5 bp −$255 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget BEUSDT | −0.0003% | 8h | 271.48 | −0.037% | $1.6M | $2.6M | 20x | as long as short |
| Aster BEUSDT | 0.0000% | 8h | 271.38 | −0.073% | $341K | $121K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 271.45 | −0.048% | $47K | $253K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 271.52 | −0.022% | $8.3M | $37.0M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 271.50 | −0.029% | $1.4M | $3.3M | 50x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 270.86 | −0.265% | $6K | $160K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 271.04 | −0.199% | $1K | $2.3M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 270.93 | −0.239% | $12K | $35K | 20x | as long as short |
| OKX BE-USDT-SWAP | +0.0003% | 8h | 271.54 | −0.015% | $2.6M | $6.8M | 25x | as long as short |
| Bybit BEUSDTlong | +0.0003% | 8h | 271.58 | long leg | $2.0M | $1.1M | 25x |
Bitget BEUSDT
Aster BEUSDT
Extended BE-USD
Binance BEUSDT
Gate BE_USDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
OKX BE-USDT-SWAPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BE-USD | +0.0024% | 1h | 271.52 | −0.022% | $1.3M | $2.5M | 10x | as long as short |
| Lighter BE | +0.0032% | 1h | 271.23 | −0.129% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 271.37 | −0.077% | $248K | $290K | 10x | as long as short |
| Arcus BE-USDshort | +0.0040% | 1h | 271.07 | −0.188% | $113K | $109K | 10x | |
| Vest BE-USD-PERP | +0.0046% | 1h | 271.30 | −0.103% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 271.44 | −0.052% | $5.9M | $2.7M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0056% | 1h | 270.59 | −0.365% | $473K | $134K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 271.47 | −0.041% | $367K | $17K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 271.46 | −0.044% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 271.49 | −0.033% | $45K | $144K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0745% | 1h | 271.55 | −0.011% | $6K | $4K | 10x | as long as short |
QFEX BE-USD
Lighter BE
Lighter RH BE
Vest BE-USD-PERP
tradeXYZ xyz:BE
Coinbase International BE-PERP-INTX
KuCoin BEUSDTM
Aevo BE-PERP
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL