Funding arb · Price arb /

ARC

all ARC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0067%/8h= −7.4% APRpaid last 24h +0.022%

Price spread now: Extended against BloFin−0.105%94s7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$252as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2582.575% of the position

Long on BloFin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 4 days (all we have)+0.146%+$15 · spread now −0.105%, 7d avg 0.000%

Together, before fees+0.197%+ Points / potential airdropExtended: Active · farm board+$20 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Extended is 0.105% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of 0.000%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.051%, so the current rate has only just turned against you. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ARC-USDT	0.07784	0.0843	pay 0.0422% / 4h	2h 33m	$1.2M	$38K	20x
Short	Extended ARC-USD	0.07776	0.0776	get 0.0097% / 1h	33m 39s	$34K	$199K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against BloFin. 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 BloFinbpFee ExtendedbpOrdersPrice spread, now −0.105%Rate

Funding earned: −$14.13
Price spread: −0.105% → 0.000%: −$10.47
Slippage, 4 orders: −$240.5
Fee BloFin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$282.1
Costs to cover: 2.575%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; Extended: live order book, 12 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 BloFin live order book, 4 min ago	8.36 bp	42.5 bp −$42	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 12 min ago	6.58 bp	81.6 bp −$82	659.5 bp −$6,595	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	0.07769	−0.190%	$38K	$6K	3x	as long as short
Gate ARC_USDT	+0.0100%	4h	0.07758	−0.334%	$3.0M	$208K	20x	as long as short
KuCoin ARCUSDTM	+0.0100%	4h	0.07799	+0.195%	$1.3M	$1.7M	20x	as long as short
SunX ARC-USDT	+0.0100%	4h	0.07762	−0.283%	$1K	$1.4M	20x	as long as short
Kraken Futures PF_ARCUSD	+0.0502%	1h	0.07743	−0.528%	$53K	$84K	20x	as long as short
Aster ARCUSDT	+0.0747%	4h	0.07762	−0.285%	$18K	$14K	5x	as long as short
Binance ARCUSDT	+0.0775%	4h	0.07778	−0.077%	$24.1M	$6.5M	20x	as long as short
Extended ARC-USDshort	+0.0776%	1h	0.07776	−0.105%	$34K	$199K	5x
Bybit ARCUSDT	+0.0807%	4h	0.07767	−0.218%	$2.8M	$4.6M	13x	as long as short
BloFin ARC-USDTlong	+0.0843%	4h	0.07784	long leg	$1.2M	$38K	20x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ARCUSDT	+0.1008%	4h	0.07773	−0.141%	$1.7M	$512K	10x	as long as short
BingX ARC-USDT	+0.1032%	4h	0.07776	−0.103%	—	$1.7M	—	as long as short