Funding you earn now, next payment 05:00 UTC−0.0751%/8h= −82.3% APRpaid last 24h −0.011%
Price spread now: Bitget against Arcus+0.005%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$23 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus COIN-USD | 197.35 | 0.0040 | pay 0.0005% / 1h | 56m 11s | $15K | $55K | 5x |
| Short | Bitget COINUSDT | 197.36 | −0.0711 | pay 0.0711% / 8h | 3h 56m | $6.3M | $10.4M | 20x |
Arcus COIN-USD
Bitget COINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$157.77
- Price spread: +0.005% → 0.000%
- $0.51
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$173.76
- Costs to cover
- 0.165%
- Break-even
- never at this rate
Slippage unknown: Arcus: no order-book sample; Bitget: live order book, 2 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 Bitget live order book, 2 min ago | 2.28 bp | 10.8 bp −$11 | 18.8 bp −$188 | 91.0 bp −$9,102 | 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.
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDTshort | −0.0711% | 8h | 197.36 | +0.005% | $6.3M | $10.4M | 20x | |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.36 | +0.005% | $44K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0217% | 8h | 197.32 | −0.015% | $1.2M | $7.2M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0111% | 1h | 196.57 | −0.395% | — | $266K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.33 | −0.011% | $344K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.22 | −0.063% | $117K | $692K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.28 | −0.037% | $14.8M | $79.7M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.27 | −0.041% | $4.9M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.31 | −0.020% | $3.1M | $4.7M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.30 | −0.025% | $681K | $935K | — | as long as short |
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.40 | +0.027% | $21K | $2.3M | 10x | as long as short |
| QFEX COIN-USD | +0.0020% | 1h | 197.23 | −0.061% | $1.3M | $3.2M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.19 | −0.081% | $449K | $1.4M | 10x | as long as short |
| Arcus COIN-USDlong | +0.0040% | 1h | 197.35 | long leg | $15K | $55K | 5x | |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.19 | −0.081% | $15.5M | $13.5M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.07 | −0.142% | $134K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.27 | −0.041% | $79 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.03 | −0.162% | $350K | $2.7M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.16 | −0.096% | $993K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.12 | −0.117% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.19 | −0.081% | $570 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.21 | −0.071% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 197.32 | −0.015% | $188K | $393K | 20x | as long as short |
| Phoenix COIN | +0.0121% | 1h | 197.25 | −0.051% | $5K | $283K | 10x | as long as short |
| Lighter COIN | +0.0264% | 1h | 197.22 | −0.065% | $347K | $2.0M | 10x | as long as short |
| edgeX COINUSDC | +0.0617% | 4h | 197.35 | 0.000% | $51K | $293K | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter RH COIN
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
Lighter COIN
edgeX COINUSDC