Funding you earn now, next payment 00:00 UTC+0.0603%/8h= +66.0% APRnext payment +$3.02 per $10,000 · paid last 24h +0.018%
Price spread now: Bybit against Bitget+0.038%7-day average −0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$218as in the Funding arb table
Net, price: spread back to 7d avg − costs−$217as in the Price arb table
costs, in and out, $10k−$2302.299% of the position
Funding, last 7 days+0.118%+$12 on $10k
+Price spread, last 7 days−0.143%−$14 · spread now +0.038%, 7d avg −0.091%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Bybit is 0.129% dearer against Bitget than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.091%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.118% in total (about 6.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.02 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 | Bitget ARCUSDT | 0.07906 | 0.0562 | pay 0.0281% / 4h | 54m 46s | $1.7M | $552K | 10x |
| Short | Bybit ARCUSDT | 0.07909 | 0.1165 | get 0.0583% / 4h | 54m 46s | $2.8M | $4.6M | 13x |
Bitget ARCUSDT
Bybit ARCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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
- $126.65
- Price spread: +0.038% → −0.091%
- $12.86
- Slippage, 4 orders
- −$206.92
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$90.41
- Costs to cover
- 2.299%
- Break-even
- 12.0 days
Slippage from Bitget: live order book, 2 min ago; Bybit: 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 Bitget live order book, 2 min ago | 6.33 bp | 48.7 bp −$49 | 289.4 bp −$2,894 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.90 bp | 22.2 bp −$22 | 330.8 bp −$3,308 | 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 | 0.07903 | −0.034% | $43K | $2K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07906 | 0.000% | $3.1M | $323K | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07897 | −0.114% | $1K | $1.5M | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0114% | 4h | 0.07894 | −0.152% | $1.3M | $1.8M | 20x | as long as short |
| BloFin ARC-USDT | +0.0305% | 4h | 0.07876 | −0.379% | $1.2M | $59K | 20x | as long as short |
| Extended ARC-USD | +0.0352% | 1h | 0.07923 | +0.217% | $30K | $118K | 5x | as long as short |
| Binance ARCUSDT | +0.0355% | 4h | 0.07924 | +0.228% | $24.6M | $7.3M | 20x | as long as short |
| Bitget ARCUSDTlong | +0.0562% | 4h | 0.07906 | long leg | $1.7M | $552K | 10x | |
| Aster ARCUSDT | +0.0818% | 4h | 0.07908 | +0.024% | $20K | $16K | 5x | as long as short |
| BingX ARC-USDT | +0.0992% | 4h | 0.07918 | +0.152% | — | $1.7M | — | as long as short |
Lighter ARC
Gate ARC_USDT
SunX ARC-USDT
KuCoin ARCUSDTM
BloFin ARC-USDT
Extended ARC-USD
Binance ARCUSDT
Aster 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 | +0.1050% | 1h | 0.07879 | −0.339% | $51K | $83K | 20x | as long as short |
| Bybit ARCUSDTshort | +0.1165% | 4h | 0.07909 | +0.038% | $2.8M | $4.6M | 13x |
Kraken Futures PF_ARCUSD