Funding arb · Price arb /

ARK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.602%

Price spread now: Bitget against Bybit+0.261%7-day average +0.137% · you sell dearer than you buy

Net, funding: paid 7d − costs−$177as in the Funding arb table

Net, price: spread back to 7d avg − costs−$113as in the Price arb table

costs, in and out, $10k−$1261.256% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.513%−$51 on $10k

Price spread, last 4 days (all we have)−0.508%−$51 · spread now +0.261%, 7d avg +0.137%

Together, before fees−1.021%−$102 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.124% dearer against Bybit than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.137%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ARKUSDT	0.1530	0.0100	pay 0.0050% / 4h	2h 20m	$1.3M	$968K	25x
Short	Bitget ARKUSDT	0.1534	0.0100	get 0.0050% / 4h	2h 20m	$395K	$217K	25x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee BitgetbpOrdersPrice spread, now +0.261%Rate

Funding earned: $0
Price spread: +0.261% → +0.137%: $12.43
Slippage, 4 orders: −$102.6
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$113.16
Costs to cover: 1.256%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; Bitget: live order book, 26 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, 3 min ago	2.94 bp	30.9 bp −$31	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 26 min ago	6.52 bp	27.3 bp −$27	120.9 bp −$1,209	doesn't fit	doesn't fit

ARK on 8 exchanges

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
Gate ARK_USDT	−0.1721%	8h	0.1533	+0.196%	$190K	$140K	25x	as long as short
KuCoin ARKUSDTM	−0.0076%	4h	0.1533	+0.196%	$771K	$44K	30x	as long as short
Binance ARKUSDT	+0.0100%	4h	0.1535	+0.296%	$3.3M	$4.0M	40x	as long as short
Bybit ARKUSDTlong	+0.0100%	4h	0.1530	long leg	$1.3M	$968K	25x
MEXC ARK_USDT	+0.0100%	4h	0.1534	+0.261%	$493K	$149K	20x	as long as short
Bitget ARKUSDTshort	+0.0100%	4h	0.1534	+0.261%	$395K	$217K	25x
BingX ARK-USDT	+0.0100%	4h	0.1533	+0.196%	—	$2.3M	—	as long as short
Variational Omni ARK	+0.0326%	4h	0.1531	+0.035%	$9K	$11K	—	as long as short