Funding you earn now, next payment 12:00 UTC−0.4963%/8h= −543.4% APRnext payment −$6.20 per $10,000 · paid last 24h −0.353%
Price spread now: Arcus against tradeXYZ+0.109%52s7-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
=The price spread pays, funding is against you. Arcus is 0.109% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.109% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$149 a day in funding at the current rate, which eats that in about 2 hours. The two prices were read 52 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 | tradeXYZ xyz:BOT | 29.288 | 0.0009 | pay 0.0001% / 1h | 46m 46s | $3.0M | $793K | 10x |
| Short | Arcus BOT-USD | 29.320 | −0.4954 | pay 0.0619% / 1h | 46m 46s | $3K | $10K | 5x |
tradeXYZ xyz:BOT
Arcus BOT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against tradeXYZ. 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
- −$1,042.16
- Price spread: +0.109% → 0.000%
- $10.93
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$1,053.73
- Costs to cover
- 0.225%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 4 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 tradeXYZ live order book, 4 min ago | 5.63 bp | 14.6 bp −$15 | doesn't fit | 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 exchanges
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-USDshort | −0.4954% | 1h | 29.320 | +0.109% | $3K | $10K | 5x | |
| Bybit BOTUSDT | −0.2355% | 8h | 29.360 | +0.246% | $501K | $679K | 25x | as long as short |
| OKX BOT-USDT-SWAP | −0.2274% | 8h | 29.350 | +0.212% | $235K | $252K | 20x | as long as short |
| KuCoin BOTUSDTM | −0.2076% | 8h | 29.340 | +0.178% | $89K | $634K | 20x | as long as short |
| Binance BOTUSDT | −0.1574% | 8h | 29.357 | +0.234% | $466K | $1.2M | 10x | as long as short |
| Variational Omni BOT | −0.1446% | 8h | 29.297 | +0.032% | $36K | $24K | — | as long as short |
| QFEX BOT-USD | −0.0080% | 1h | 29.350 | +0.212% | $1.2M | $495K | 10x | as long as short |
| Gate BOT_USDT | 0.0000% | 8h | 29.350 | +0.212% | $257K | $229K | 20x | as long as short |
| Bitget BOTUSDT | 0.0000% | 8h | 29.340 | +0.178% | $243K | $132K | 5x | as long as short |
| tradeXYZ xyz:BOTlong | +0.0009% | 1h | 29.288 | long leg | $3.0M | $793K | 10x |
Bybit BOTUSDT
OKX BOT-USDT-SWAP
KuCoin BOTUSDTM
Binance BOTUSDT
Variational Omni BOT
QFEX BOT-USD
Gate BOT_USDT
Bitget BOTUSDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BOT | +0.0032% | 1h | 29.481 | +0.659% | $68K | $1K | 3x | as long as short |
| HTX BOT-USDT | +0.0100% | 8h | 29.354 | +0.225% | $3K | $36K | 10x | as long as short |
Lighter BOT
HTX BOT-USDT