Funding you earn now, next payment 01:00 UTC+0.9989%/8h= +1093.8% APRpaid last 24h −0.046%
Price spread now: Bybit against Arcus+0.202%56s7-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 +$300 a day on $10k at the current rate, and Bybit is 0.202% dearer against Arcus than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus BOT-USD | 29.640 | −0.9989 | get 0.1249% / 1h | 16m 41s | $3K | $9K | 5x |
| Short | Bybit BOTUSDT | 29.700 | 0 | get 0.0000% / 8h | 7h 16m | $538K | $346K | 25x |
Arcus BOT-USD
Bybit BOTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $2,097.74
- Price spread: +0.202% → 0.000%
- $20.24
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $2,102.48
- Costs to cover
- 0.155%
- Break-even
- from the start
Slippage unknown: Arcus: no order-book sample; Bybit: live order book, 48 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 Arcus no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 48 min ago | 8.52 bp | 84.8 bp −$85 | 219.5 bp −$2,195 | doesn't fit | doesn't fit |
Arcus: 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.
BOT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus BOT-USDlong | −0.9989% | 1h | 29.640 | long leg | $3K | $9K | 5x | |
| KuCoin BOTUSDTM | −0.1952% | 8h | 29.690 | +0.169% | $96K | $301K | 20x | as long as short |
| Variational Omni BOT | −0.1435% | 8h | 29.685 | +0.152% | $31K | $21K | — | as long as short |
| Binance BOTUSDT | −0.1422% | 8h | 29.683 | +0.144% | $456K | $1.2M | 10x | as long as short |
| OKX BOT-USDT-SWAP | −0.1320% | 8h | 29.660 | +0.067% | $236K | $233K | 20x | as long as short |
| QFEX BOT-USD | −0.0049% | 1h | 29.630 | −0.034% | $1.2M | $519K | 10x | as long as short |
| Bybit BOTUSDTshort | 0.0000% | 8h | 29.700 | +0.202% | $538K | $346K | 25x | |
| Gate BOT_USDT | 0.0000% | 8h | 29.700 | +0.202% | $259K | $241K | 20x | as long as short |
| Bitget BOTUSDT | 0.0000% | 8h | 29.720 | +0.270% | $252K | $139K | 5x | as long as short |
| Lighter BOT | +0.0032% | 1h | 29.801 | +0.543% | $68K | $4K | 3x | as long as short |
KuCoin BOTUSDTM
Variational Omni BOT
Binance BOTUSDT
OKX BOT-USDT-SWAP
QFEX BOT-USD
Gate BOT_USDT
Bitget BOTUSDT
Lighter BOTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BOT-USDT | +0.0100% | 8h | 29.696 | +0.189% | $3K | $34K | 10x | as long as short |
| tradeXYZ xyz:BOT | +0.1838% | 1h | 29.663 | +0.078% | $3.2M | $832K | 10x | as long as short |
HTX BOT-USDT
tradeXYZ xyz:BOT