Funding you earn now, next payment 04:00 UTC+0.1252%/8h= +137.1% APRnext payment +$6.26 per $10,000 · paid last 24h +0.172%
Price spread now: Bybit against Gate−0.190%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$690as in the Funding arb table
Net, price: spread back to 7d avg − costs−$742as in the Price arb table
costs, in and out, $10k−$7217.206% of the position
Funding, last 7 days+0.308%+$31 on $10k
+Price spread, last 7 days+0.417%+$42 · spread now −0.190%, 7d avg +0.023%
=Funding pays, the price is against you. Bybit is 0.213% cheaper against Gate than usual: you would sell low and buy high (spread −0.190% now, against its 7-day average of +0.023%). If the spread goes back, that is −$21 on $10k: about 14 hours of funding at the current rate (+$38 a day). At the pace of the last 7 days (+0.308% in total) that is about 4.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.308% in total (about 16.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.26 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 | Gate ARC_USDT | 0.07898 | 0.0100 | pay 0.0050% / 4h | 1h 38m | $3.1M | $231K | 20x |
| Short | Bybit ARCUSDT | 0.07883 | 0.1352 | get 0.0676% / 4h | 1h 38m | $2.8M | $4.5M | 13x |
Gate ARC_USDT
Bybit ARCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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
- $262.99
- Price spread: −0.190% → +0.023%
- −$21.28
- Slippage, 4 orders
- −$694.59
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$478.88
- Costs to cover
- 7.206%
- Break-even
- 19.7 days
Slippage from Gate: live order book, 5 min ago; Bybit: 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 Gate live order book, 5 min ago | 13.97 bp | 334.0 bp −$334 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 4.45 bp | 109.8 bp −$110 | 348.6 bp −$3,486 | 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 | 0.07908 | +0.128% | $38K | $6K | 3x | as long as short |
| Gate ARC_USDTlong | +0.0100% | 4h | 0.07898 | long leg | $3.1M | $231K | 20x | |
| KuCoin ARCUSDTM | +0.0100% | 4h | 0.07904 | +0.081% | $1.3M | $1.8M | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07901 | +0.038% | $1K | $1.5M | 20x | as long as short |
| Aster ARCUSDT | +0.0357% | 4h | 0.07899 | +0.013% | $19K | $15K | 5x | as long as short |
| Binance ARCUSDT | +0.0438% | 4h | 0.07899 | +0.013% | $24.5M | $6.9M | 20x | as long as short |
| Extended ARC-USD | +0.0440% | 1h | 0.07913 | +0.187% | $33K | $194K | 5x | as long as short |
| BloFin ARC-USDT | +0.0448% | 4h | 0.07856 | −0.532% | $1.2M | $43K | 20x | as long as short |
| Kraken Futures PF_ARCUSD | +0.0822% | 1h | 0.07865 | −0.415% | $54K | $85K | 20x | as long as short |
| Bitget ARCUSDT | +0.0880% | 4h | 0.07898 | 0.000% | $1.7M | $521K | 10x | as long as short |
Lighter ARC
KuCoin ARCUSDTM
SunX ARC-USDT
Aster ARCUSDT
Binance ARCUSDT
Extended ARC-USD
BloFin ARC-USDT
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-USDT | +0.1098% | 4h | 0.07897 | −0.013% | — | $1.7M | — | as long as short |
| Bybit ARCUSDTshort | +0.1352% | 4h | 0.07883 | −0.190% | $2.8M | $4.5M | 13x |
BingX ARC-USDT