Funding you earn now, next payment 05:00 UTC+0.0081%/8h= +8.9% APRnext payment +$0.10 per $10,000 · paid last 24h −0.124%
Price spread now: Arcus against Deribit+0.040%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 +$2 a day on $10k at the current rate, and Arcus is 0.040% dearer against Deribit than usual: you sell high and buy low: +$4 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 | Deribit BE_USDC-PERPETUAL | 274.65 | −0.0041 | get 0.0005% / 1h | 55m 16s | $7K | $4K | 10x |
| Short | Arcus BE-USD | 274.76 | 0.0040 | get 0.0005% / 1h | 55m 16s | $115K | $109K | 10x |
Deribit BE_USDC-PERPETUAL
Arcus BE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Deribit. 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
- $17.11
- Price spread: +0.040% → 0.000%
- $4.01
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $9.62
- Costs to cover
- 0.115%
- Break-even
- 3.1 days
Slippage unknown: Deribit: no order-book sample; Arcus: live order book, 63 min ago. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 63 min ago | 4.17 bp | 10.9 bp −$11 | 23.3 bp −$233 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BE_USDC-PERPETUALlong | −0.0041% | 1h | 274.65 | long leg | $7K | $4K | 10x | |
| Aster BEUSDT | 0.0000% | 8h | 274.82 | +0.061% | $346K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.70 | +0.018% | $1.5M | $3.3M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 274.85 | +0.073% | $1.7M | $2.5M | 20x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 274.78 | +0.048% | $7K | $163K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 274.90 | +0.091% | $778 | $2.4M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 274.92 | +0.098% | $13K | $35K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 274.69 | +0.015% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 274.82 | +0.062% | $251K | $290K | 10x | as long as short |
| QFEX BE-USD | +0.0036% | 1h | 274.88 | +0.084% | $1.3M | $2.7M | 10x | as long as short |
Aster BEUSDT
Gate BE_USDT
Bitget BEUSDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Lighter BE
Lighter RH BE
QFEX BE-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BE-USDshort | +0.0040% | 1h | 274.76 | +0.040% | $115K | $109K | 10x | |
| Binance BEUSDT | +0.0045% | 8h | 274.84 | +0.068% | $8.5M | $36.5M | 25x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 274.91 | +0.095% | — | — | 10x | as long as short |
| Extended BE-USD | +0.0048% | 1h | 274.75 | +0.038% | $46K | $260K | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 274.76 | +0.040% | $5.9M | $2.6M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0064% | 1h | 273.08 | −0.572% | $473K | $128K | 10x | as long as short |
| Bybit BEUSDT | +0.0080% | 8h | 274.85 | +0.073% | $2.0M | $1.2M | 25x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 274.81 | +0.058% | $371K | $20K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 274.80 | +0.055% | — | — | 10x | as long as short |
| OKX BE-USDT-SWAP | +0.0141% | 8h | 274.94 | +0.106% | $2.7M | $6.8M | 25x | as long as short |
| BloFin BE-USDT | +0.0165% | 8h | 274.99 | +0.124% | $45K | $142K | 20x | as long as short |
Binance BEUSDT
Vest BE-USD-PERP
Extended BE-USD
tradeXYZ xyz:BE
Coinbase International BE-PERP-INTX
Bybit BEUSDT
KuCoin BEUSDTM
Aevo BE-PERP
OKX BE-USDT-SWAP
BloFin BE-USDT