Funding you earn now, next payment 12:00 UTC+0.0149%/8h= +16.4% APRnext payment +$0.75 per $10,000 · paid last 24h −0.064%
Price spread now: Bybit against BingX−0.063%7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$260as in the Funding arb table
Net, price: spread back to 7d avg − costs−$233as in the Price arb table
costs, in and out, $10k−$2382.381% of the position
Funding, last 7 days−0.221%−$22 on $10k
+Price spread, last 7 days−0.057%−$6 · spread now −0.063%, 7d avg −0.118%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bybit is 0.055% dearer against BingX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.118%. Mind the row above: over the last 7 days funding on this pair cost −0.221%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARC-USDT | 0.07961 | 0.0400 | pay 0.0200% / 4h | 3h 13m | — | $1.7M | — |
| Short | Bybit ARCUSDT | 0.07956 | 0.0549 | get 0.0275% / 4h | 3h 13m | $2.9M | $4.1M | 13x |
BingX ARC-USDT
Bybit ARCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. 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
- $31.39
- Price spread: −0.063% → −0.118%
- $5.54
- Slippage, 4 orders
- −$217.13
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$201.2
- Costs to cover
- 2.381%
- Break-even
- 51.9 days
Slippage from BingX: live order book, 4 min ago; Bybit: live order book, 4 min ago.
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 BingX live order book, 4 min ago | 5.65 bp | 30.4 bp −$30 | 116.7 bp −$1,167 | 645.6 bp −$64.6K | 917.8 bp −$458.9K |
| Sell Bybit live order book, 4 min ago | 5.02 bp | 68.6 bp −$69 | 305.2 bp −$3,052 | doesn't fit | doesn't fit |
ARC 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARC | +0.0096% | 1h | 0.07958 | −0.033% | $38K | $6K | 3x | as long as short |
| Aster ARCUSDT | +0.0100% | 4h | 0.07925 | −0.448% | $19K | $14K | 5x | as long as short |
| Binance ARCUSDT | +0.0100% | 4h | 0.07958 | −0.043% | $24.7M | $5.9M | 20x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07941 | −0.251% | $3.1M | $200K | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07943 | −0.226% | $2K | $1.3M | 20x | as long as short |
| Extended ARC-USD | +0.0104% | 1h | 0.07960 | −0.008% | $30K | $218K | 5x | as long as short |
| BloFin ARC-USDT | +0.0129% | 4h | 0.07961 | 0.000% | $1.2M | $41K | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0212% | 4h | 0.07976 | +0.190% | $1.3M | $1.6M | 20x | as long as short |
| Kraken Futures PF_ARCUSD | +0.0239% | 1h | 0.07930 | −0.392% | $52K | $72K | 20x | as long as short |
| Bitget ARCUSDT | +0.0290% | 4h | 0.07955 | −0.075% | $1.7M | $454K | 10x | as long as short |
Lighter ARC
Aster ARCUSDT
Binance ARCUSDT
Gate ARC_USDT
SunX ARC-USDT
Extended ARC-USD
BloFin ARC-USDT
KuCoin ARCUSDTM
Kraken Futures PF_ARCUSD
Bitget ARCUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARC-USDTlong | +0.0400% | 4h | 0.07961 | long leg | — | $1.7M | — | |
| Bybit ARCUSDTshort | +0.0549% | 4h | 0.07956 | −0.063% | $2.9M | $4.1M | 13x |