Funding you earn now, next payment 04:00 UTC−0.0721%/8h= −78.9% APRnext payment −$3.60 per $10,000 · paid last 24h +0.039%
Price spread now: Binance against Bybit+0.166%7-day average +0.193% · you sell dearer than you buy
Net, funding: paid 7d − costs−$244as in the Funding arb table
Net, price: spread back to 7d avg − costs−$260as in the Price arb table
costs, in and out, $10k−$2572.569% of the position
Funding, last 7 days+0.127%+$13 on $10k
+Price spread, last 7 days−0.085%−$8 · spread now +0.166%, 7d avg +0.193%
=Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Binance is 0.027% cheaper against Bybit than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.193%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.127%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.127% in total (about 6.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.60 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARCUSDT | 0.07847 | 0.1244 | pay 0.0622% / 4h | 41m 47s | $2.8M | $4.6M | 13x |
| Short | Binance ARCUSDT | 0.07860 | 0.0523 | get 0.0261% / 4h | 41m 47s | $24.4M | $6.9M | 20x |
Bybit ARCUSDT
Binance ARCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- −$151.38
- Price spread: +0.166% → +0.193%
- −$2.69
- Slippage, 4 orders
- −$235.9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$410.98
- Costs to cover
- 2.569%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 14 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 Bybit live order book, 1 min ago | 1.27 bp | 98.9 bp −$99 | 235.9 bp −$2,359 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 2.56 bp | 38.2 bp −$38 | 155.3 bp −$1,553 | 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 | 0.07849 | +0.024% | $38K | $6K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07845 | −0.025% | $3.0M | $228K | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07842 | −0.064% | $2K | $1.5M | 20x | as long as short |
| Aster ARCUSDT | +0.0155% | 4h | 0.07790 | −0.725% | $19K | $15K | 5x | as long as short |
| KuCoin ARCUSDTM | +0.0200% | 4h | 0.07861 | +0.176% | $1.3M | $1.8M | 20x | as long as short |
| Extended ARC-USD | +0.0520% | 1h | 0.07857 | +0.127% | $29K | $193K | 5x | as long as short |
| Binance ARCUSDTshort | +0.0523% | 4h | 0.07860 | +0.166% | $24.4M | $6.9M | 20x | |
| BloFin ARC-USDT | +0.0556% | 4h | 0.07856 | +0.115% | $1.2M | $42K | 20x | as long as short |
| Bitget ARCUSDT | +0.0992% | 4h | 0.07862 | +0.191% | $1.7M | $522K | 10x | as long as short |
| BingX ARC-USDT | +0.1226% | 4h | 0.07855 | +0.102% | — | $1.7M | — | as long as short |
Lighter ARC
Gate ARC_USDT
SunX ARC-USDT
Aster ARCUSDT
KuCoin ARCUSDTM
Extended ARC-USD
BloFin ARC-USDT
Bitget ARCUSDT
BingX ARC-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARCUSDTlong | +0.1244% | 4h | 0.07847 | long leg | $2.8M | $4.6M | 13x | |
| Kraken Futures PF_ARCUSD | +0.1478% | 1h | 0.07833 | −0.175% | $54K | $85K | 20x | as long as short |
Kraken Futures PF_ARCUSD