Funding you earn now, next payment 22:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.011%
Price spread now: Arcus against Bitget−0.440%50s7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. Arcus is 0.440% cheaper against Bitget than usual: you would sell low and buy high (spread −0.440% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$44 on $10k: about 36 days of funding at the current rate (+$1 a day). The two prices were read 50 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 | Bitget BOTUSDT | 29.550 | 0 | get 0.0000% / 8h | 2h 50m | $253K | $149K | 5x |
| Short | Arcus BOT-USD | 29.420 | 0.0040 | get 0.0005% / 1h | 50m 40s | $634 | $5K | 5x |
Bitget BOTUSDT
Arcus BOT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Bitget. 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
- $8.46
- Price spread: −0.440% → 0.000%
- −$43.99
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$52.03
- Costs to cover
- 0.165%
- Break-even
- 50.1 days
Slippage unknown: Bitget: live order book, 32 min ago; Arcus: no order-book sample. 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 Bitget live order book, 32 min ago | 13.56 bp | 87.2 bp −$87 | 103.6 bp −$1,036 | doesn't fit | doesn't fit |
| Sell Arcus no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX BOT-USD | −0.0012% | 1h | 29.470 | −0.271% | $1.2M | $487K | 10x | as long as short |
| Binance BOTUSDT | 0.0000% | 8h | 29.470 | −0.271% | $457K | $1.2M | 10x | as long as short |
| Bybit BOTUSDT | 0.0000% | 8h | 29.490 | −0.203% | $511K | $312K | 25x | as long as short |
| OKX BOT-USDT-SWAP | 0.0000% | 8h | 29.480 | −0.237% | $238K | $222K | 20x | as long as short |
| Gate BOT_USDT | 0.0000% | 8h | 29.510 | −0.135% | $252K | $246K | 20x | as long as short |
| Bitget BOTUSDTlong | 0.0000% | 8h | 29.550 | long leg | $253K | $149K | 5x | |
| Variational Omni BOT | 0.0000% | 8h | 29.475 | −0.254% | $31K | $19K | — | as long as short |
| Lighter BOT | +0.0032% | 1h | 29.512 | −0.129% | $68K | $14K | 3x | as long as short |
| Arcus BOT-USDshort | +0.0040% | 1h | 29.420 | −0.440% | $634 | $5K | 5x | |
| tradeXYZ xyz:BOT | +0.0052% | 1h | 29.468 | −0.277% | $3.1M | $830K | 10x | as long as short |
QFEX BOT-USD
Binance BOTUSDT
Bybit BOTUSDT
OKX BOT-USDT-SWAP
Gate BOT_USDT
Variational Omni BOT
Lighter BOT
tradeXYZ xyz:BOTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BOTUSDTM | +0.0100% | 8h | 29.470 | −0.271% | $97K | $333K | 20x | as long as short |
| HTX BOT-USDT | +0.0100% | 8h | 29.451 | −0.335% | $3K | $34K | 10x | as long as short |
KuCoin BOTUSDTM
HTX BOT-USDT