Funding you earn now, next payment 00:00 UTC−0.0301%/8h= −33.0% APRnext payment −$1.51 per $10,000 · paid last 24h +0.119%
Price spread now: BingX against Bybit+0.078%7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$251as in the Price arb table
costs, in and out, $10k−$2472.474% of the position
Funding, last 7 days+0.211%+$21 on $10k
+Price spread, last 7 days−0.030%−$3 · spread now +0.078%, 7d avg +0.113%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and BingX is 0.035% cheaper against Bybit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.113%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.211%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARCUSDT | 0.07712 | 0.0787 | pay 0.0394% / 4h | 1h 25m | $2.6M | $4.4M | 13x |
| Short | BingX ARC-USDT | 0.07718 | 0.0486 | get 0.0243% / 4h | 1h 25m | — | $1.7M | — |
Bybit ARCUSDT
BingX ARC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$63.22
- Price spread: +0.078% → +0.113%
- −$3.53
- Slippage, 4 orders
- −$226.36
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$314.11
- Costs to cover
- 2.474%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; BingX: live order book, 7 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, 2 min ago | 3.26 bp | 78.4 bp −$78 | 232.8 bp −$2,328 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 6.54 bp | 40.2 bp −$40 | 134.1 bp −$1,341 | 506.2 bp −$50.6K | 866.3 bp −$433.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARCUSD | −0.0085% | 1h | 0.07639 | −0.941% | $49K | $83K | 20x | as long as short |
| Lighter ARC | +0.0096% | 1h | 0.07691 | −0.266% | $42K | $2K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07674 | −0.493% | $3.0M | $330K | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07662 | −0.648% | $1K | $1.5M | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0276% | 4h | 0.07690 | −0.283% | $1.2M | $1.8M | 20x | as long as short |
| BloFin ARC-USDT | +0.0437% | 4h | 0.07677 | −0.454% | $1.2M | $58K | 20x | as long as short |
| Extended ARC-USD | +0.0448% | 1h | 0.07710 | −0.032% | $29K | $118K | 5x | as long as short |
| Binance ARCUSDT | +0.0452% | 4h | 0.07719 | +0.095% | $23.9M | $7.3M | 20x | as long as short |
| BingX ARC-USDTshort | +0.0486% | 4h | 0.07718 | +0.078% | — | $1.7M | — | |
| Bitget ARCUSDT | +0.0538% | 4h | 0.07706 | −0.078% | $1.7M | $539K | 10x | as long as short |
Kraken Futures PF_ARCUSD
Lighter ARC
Gate ARC_USDT
SunX ARC-USDT
KuCoin ARCUSDTM
BloFin ARC-USDT
Extended ARC-USD
Binance ARCUSDT
Bitget ARCUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARCUSDTlong | +0.0787% | 4h | 0.07712 | long leg | $2.6M | $4.4M | 13x | |
| Aster ARCUSDT | +0.0909% | 4h | 0.07675 | −0.481% | $19K | $16K | 5x | as long as short |
Aster ARCUSDT