Funding you earn now, next payment 00:00 UTC−0.2009%/8h= −220.0% APRnext payment −$10.05 per $10,000 · paid last 24h −0.139%
Price spread now: Gate against Bybit+0.026%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$691as in the Funding arb table
Net, price: spread back to 7d avg − costs−$661as in the Price arb table
costs, in and out, $10k−$6656.651% of the position
Funding, last 7 days−0.258%−$26 on $10k
+Price spread, last 7 days−0.023%−$2 · spread now +0.026%, 7d avg −0.020%
=The price spread pays, funding is against you. Gate is 0.046% dearer against Bybit than usual: you sell high and buy low (spread +0.026% now, against its 7-day average of −0.020%): +$5 on $10k if it goes back. Holding the pair costs −$60 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−0.258% in total) that is about 30 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.258% in total (about -13.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$10.05 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 | 0.07820 | 0.2109 | pay 0.1055% / 4h | 2h 22m | $2.7M | $4.4M | 13x |
| Short | Gate ARC_USDT | 0.07822 | 0.0100 | get 0.0050% / 4h | 2h 22m | $3.0M | $335K | 20x |
Bybit ARCUSDT
Gate ARC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$421.96
- Price spread: +0.026% → −0.020%
- $4.56
- Slippage, 4 orders
- −$639.12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,082.52
- Costs to cover
- 6.651%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Gate: live order book, 5 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, 5 min ago | 1.28 bp | 117.2 bp −$117 | 238.9 bp −$2,389 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 17.95 bp | 222.7 bp −$223 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARCUSD | −0.0094% | 1h | 0.07811 | −0.112% | $49K | $79K | 20x | as long as short |
| Lighter ARC | +0.0096% | 1h | 0.07807 | −0.171% | $42K | $2K | 3x | as long as short |
| Gate ARC_USDTshort | +0.0100% | 4h | 0.07822 | +0.026% | $3.0M | $335K | 20x | |
| SunX ARC-USDT | +0.0100% | 4h | 0.07832 | +0.153% | $1K | $1.5M | 20x | as long as short |
| Bitget ARCUSDT | +0.0798% | 4h | 0.07826 | +0.077% | $1.7M | $527K | 10x | as long as short |
| KuCoin ARCUSDTM | +0.0890% | 4h | 0.07845 | +0.318% | $1.3M | $1.8M | 20x | as long as short |
| BloFin ARC-USDT | +0.0906% | 4h | 0.07846 | +0.332% | $1.2M | $61K | 20x | as long as short |
| Binance ARCUSDT | +0.0934% | 4h | 0.07829 | +0.121% | $24.3M | $7.2M | 20x | as long as short |
| Extended ARC-USD | +0.0936% | 1h | 0.07827 | +0.090% | $30K | $118K | 5x | as long as short |
| Aster ARCUSDT | +0.1518% | 4h | 0.07841 | +0.267% | $20K | $16K | 5x | as long as short |
Kraken Futures PF_ARCUSD
Lighter ARC
SunX ARC-USDT
Bitget ARCUSDT
KuCoin ARCUSDTM
BloFin ARC-USDT
Binance ARCUSDT
Extended ARC-USD
Aster ARCUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARCUSDTlong | +0.2109% | 4h | 0.07820 | long leg | $2.7M | $4.4M | 13x | |
| BingX ARC-USDT | +0.2420% | 4h | 0.07817 | −0.038% | — | $1.7M | — | as long as short |
BingX ARC-USDT