Funding you earn now, next payment 22:00 UTC+0.0026%/8h= +2.9% APRpaid last 24h +0.011%
Price spread now: Arcus against Bitget−0.104%7-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 0.104% cheaper against Bitget than usual: you would sell low and buy high (spread −0.104% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 13 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget COINUSDT | 202.22 | 0.0014 | pay 0.0014% / 8h | 2h 26m | $6.9M | $10.0M | 20x |
| Short | Arcus COIN-USD | 202.01 | 0.0040 | get 0.0005% / 1h | 26m 43s | $18K | $54K | 5x |
Bitget COINUSDT
Arcus COIN-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
- $5.52
- Price spread: −0.104% → 0.000%
- −$10.38
- 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
- −$21.37
- Costs to cover
- 0.165%
- Break-even
- 34.1 days
Slippage unknown: Bitget: live order book, 2 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, 2 min ago | 2.48 bp | 12.5 bp −$12 | 22.8 bp −$228 | 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 201.98 | −0.119% | $40K | $48K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 202.17 | −0.022% | $371K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 202.14 | −0.038% | $120K | $445K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 202.17 | −0.026% | $15.6M | $77.1M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 202.12 | −0.049% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 202.17 | −0.025% | $3.3M | $4.8M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 202.19 | −0.015% | $1.3M | $6.9M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 201.95 | −0.136% | $760K | $982K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 201.96 | −0.129% | $13K | $2.0M | 10x | as long as short |
| Bitget COINUSDTlong | +0.0014% | 8h | 202.22 | long leg | $6.9M | $10.0M | 20x |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0027% | 1h | 202.05 | −0.084% | $1.4M | $3.8M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 202.11 | −0.055% | $377K | $2.1M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 202.07 | −0.074% | $437K | $2.0M | 10x | as long as short |
| Arcus COIN-USDshort | +0.0040% | 1h | 202.01 | −0.104% | $18K | $54K | 5x | |
| Ondo Perps COIN-USD.P | +0.0044% | 1h | 202.00 | −0.109% | $367K | $3.2M | 10x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 202.22 | 0.000% | — | $513K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 202.08 | −0.069% | $16.4M | $13.4M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 202.04 | −0.089% | $212K | $1.1M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 202.02 | −0.099% | $88 | $3K | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 202.12 | −0.049% | $1.0M | $146K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 202.02 | −0.099% | $91K | $534K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 202.09 | −0.064% | $584 | $5K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 202.08 | −0.067% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 202.08 | −0.069% | $200K | $339K | 20x | as long as short |
| edgeX COINUSDC | +0.0133% | 4h | 201.92 | −0.149% | $52K | $294K | 10x | as long as short |
| Phoenix COIN | +0.0197% | 1h | 201.89 | −0.163% | $5K | $281K | 10x | as long as short |
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Ondo Perps COIN-USD.P
Vest COIN-USD-PERP
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
edgeX COINUSDC
Phoenix COIN