Funding you earn now, next payment 08:00 UTC+0.0554%/8h= +60.7% APRnext payment +$2.77 per $10,000 · paid last 24h −0.061%
Price spread now: Bitget against Bybit−0.140%7-day average +0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$332as in the Funding arb table
Net, price: spread back to 7d avg − costs−$339as in the Price arb table
costs, in and out, $10k−$3163.160% of the position
Funding, last 7 days−0.161%−$16 on $10k
+Price spread, last 7 days+0.117%+$12 · spread now −0.140%, 7d avg +0.092%
=Funding pays, the price is against you. Bitget is 0.233% cheaper against Bybit than usual: you would sell low and buy high (spread −0.140% now, against its 7-day average of +0.092%). If the spread goes back, that is −$23 on $10k: about 34 hours of funding at the current rate (+$17 a day). Mind the row above: over the last 7 days funding on this pair cost −0.161%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.161% in total (about -8.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.77 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 | 0.07840 | 0.0100 | pay 0.0050% / 4h | 1h 33m | $2.8M | $4.4M | 13x |
| Short | Bitget ARCUSDT | 0.07829 | 0.0654 | get 0.0327% / 4h | 1h 33m | $1.7M | $478K | 10x |
Bybit ARCUSDT
Bitget ARCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $116.34
- Price spread: −0.140% → +0.092%
- −$23.26
- Slippage, 4 orders
- −$293.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$222.94
- Costs to cover
- 3.160%
- Break-even
- 20.4 days
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 3 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, 4 min ago | 1.92 bp | 108.0 bp −$108 | 245.1 bp −$2,451 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 7.03 bp | 45.8 bp −$46 | 292.9 bp −$2,929 | 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 | 0.07843 | +0.033% | $38K | $6K | 3x | as long as short |
| Bybit ARCUSDTlong | +0.0100% | 4h | 0.07840 | long leg | $2.8M | $4.4M | 13x | |
| Gate ARC_USDT | +0.0100% | 4h | 0.07820 | −0.255% | $3.0M | $211K | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0100% | 4h | 0.07862 | +0.276% | $1.3M | $1.6M | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07832 | −0.102% | $2K | $1.4M | 20x | as long as short |
| Aster ARCUSDT | +0.0385% | 4h | 0.07833 | −0.093% | $19K | $14K | 5x | as long as short |
| BloFin ARC-USDT | +0.0392% | 4h | 0.07817 | −0.293% | $1.2M | $37K | 20x | as long as short |
| Extended ARC-USD | +0.0456% | 1h | 0.07846 | +0.076% | $31K | $199K | 5x | as long as short |
| Binance ARCUSDT | +0.0463% | 4h | 0.07848 | +0.102% | $24.3M | $6.4M | 20x | as long as short |
| BingX ARC-USDT | +0.0568% | 4h | 0.07844 | +0.051% | — | $1.7M | — | as long as short |
Lighter ARC
Gate ARC_USDT
KuCoin ARCUSDTM
SunX ARC-USDT
Aster ARCUSDT
BloFin ARC-USDT
Extended ARC-USD
Binance ARCUSDT
BingX ARC-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARCUSD | +0.0604% | 1h | 0.07815 | −0.323% | $53K | $82K | 20x | as long as short |
| Bitget ARCUSDTshort | +0.0654% | 4h | 0.07829 | −0.140% | $1.7M | $478K | 10x |
Kraken Futures PF_ARCUSD