ARC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0221%/8h= +24.2% APRnext payment +$1.11 per $10,000 · paid last 24h −0.012%

Price spread now: Binance against Bybit+0.165%7-day average +0.193% · you sell dearer than you buy

Net, funding: paid 7d − costs−$316as in the Funding arb table

Net, price: spread back to 7d avg − costs−$329as in the Price arb table

costs, in and out, $10k−$3263.258% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.100%+$10 on $10k

Price spread, last 7 days−0.072%−$7 · spread now +0.165%, 7d avg +0.193%

Together, before fees+0.029%+$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.028% cheaper against Bybit than usual: you would sell low and buy high (spread +0.165% now, against its 7-day average of +0.193%). If the spread goes back, that is −$3 on $10k: about 10 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.100% in total) that is about 46 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.100% in total (about 5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.11 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	0.07801	0.0598	pay 0.0299% / 4h	3h 02m	$2.8M	$4.6M	13x
Short	Binance ARCUSDT	0.07814	0.0819	get 0.0409% / 4h	3h 02m	$24.2M	$6.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.165%Rate

Funding earned: $46.49
Price spread: +0.165% → +0.193%: −$2.77
Slippage, 4 orders: −$304.82
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$282.11
Costs to cover: 3.258%
Break-even: 49.5 days

Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 9 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	5.14 bp	105.4 bp −$105	237.8 bp −$2,378	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	4.49 bp	51.0 bp −$51	155.6 bp −$1,556	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	0.07794	−0.088%	$38K	$6K	3x	as long as short
Gate ARC_USDT	+0.0100%	4h	0.07790	−0.141%	$3.0M	$217K	20x	as long as short
KuCoin ARCUSDTM	+0.0100%	4h	0.07790	−0.146%	$1.3M	$1.7M	20x	as long as short
SunX ARC-USDT	+0.0100%	4h	0.07787	−0.179%	$2K	$1.4M	20x	as long as short
Bybit ARCUSDTlong	+0.0598%	4h	0.07801	long leg	$2.8M	$4.6M	13x
Aster ARCUSDT	+0.0691%	4h	0.07786	−0.190%	$19K	$15K	5x	as long as short
BloFin ARC-USDT	+0.0752%	4h	0.07800	−0.013%	$1.2M	$39K	20x	as long as short
Kraken Futures PF_ARCUSD	+0.0756%	1h	0.07791	−0.133%	$53K	$84K	20x	as long as short
Extended ARC-USD	+0.0808%	1h	0.07805	+0.049%	$32K	$198K	5x	as long as short
Binance ARCUSDTshort	+0.0819%	4h	0.07814	+0.165%	$24.2M	$6.7M	20x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ARC-USDT	+0.1018%	4h	0.07809	+0.103%	—	$1.7M	—	as long as short
Bitget ARCUSDT	+0.1088%	4h	0.07790	−0.141%	$1.7M	$508K	10x	as long as short