Funding you earn now, next payment 01:00 UTC+1.2127%/8h= +1327.9% APRnext payment +$15.16 per $10,000 · paid last 24h +0.209%
Price spread now: tradeXYZ against Arcus+0.115%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
=Both sides work for this trade now. Funding pays +$364 a day on $10k at the current rate, and tradeXYZ is 0.115% dearer against Arcus than usual: you sell high and buy low: +$11 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 BOT-USD | 29.650 | −0.9989 | get 0.1249% / 1h | 4m 15s | $3K | $9K | 5x |
| Short | tradeXYZ xyz:BOT | 29.684 | 0.2138 | get 0.0267% / 1h | 4m 15s | $3.2M | $827K | 10x |
Arcus BOT-USD
tradeXYZ xyz:BOTFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $2,546.68
- Price spread: +0.115% → 0.000%
- $11.47
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $2,535.65
- Costs to cover
- 0.225%
- Break-even
- 0.0 days
Slippage unknown: Arcus: no order-book sample; tradeXYZ: live order book, 4 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 tradeXYZ live order book, 4 min ago | 2.87 bp | 50.0 bp −$50 | doesn't fit | 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 | 29.650 | long leg | $3K | $9K | 5x | |
| KuCoin BOTUSDTM | −0.1859% | 8h | 29.700 | +0.169% | $98K | $292K | 20x | as long as short |
| Binance BOTUSDT | −0.1343% | 8h | 29.708 | +0.194% | $455K | $1.2M | 10x | as long as short |
| Variational Omni BOT | −0.1315% | 8h | 29.655 | +0.015% | $31K | $21K | — | as long as short |
| OKX BOT-USDT-SWAP | −0.1262% | 8h | 29.690 | +0.135% | $236K | $233K | 20x | as long as short |
| QFEX BOT-USD | −0.0049% | 1h | 29.690 | +0.135% | $1.2M | $522K | 10x | as long as short |
| Bybit BOTUSDT | 0.0000% | 8h | 29.700 | +0.169% | $475K | $418K | 25x | as long as short |
| Gate BOT_USDT | 0.0000% | 8h | 29.670 | +0.067% | $258K | $246K | 20x | as long as short |
| Bitget BOTUSDT | 0.0000% | 8h | 29.760 | +0.371% | $252K | $131K | 5x | as long as short |
| Lighter BOT | +0.0032% | 1h | 29.837 | +0.631% | $68K | $4K | 3x | as long as short |
KuCoin BOTUSDTM
Binance BOTUSDT
Variational Omni BOT
OKX BOT-USDT-SWAP
QFEX BOT-USD
Bybit BOTUSDT
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 | 29.651 | +0.003% | $3K | $34K | 10x | as long as short |
| tradeXYZ xyz:BOTshort | +0.2138% | 1h | 29.684 | +0.115% | $3.2M | $827K | 10x |
HTX BOT-USDT