Funding you earn now, next payment 00:00 UTC+0.0060%/8h= +6.5% APRnext payment +$0.30 per $10,000 · paid last 24h +0.119%
Price spread now: BingX against Bybit+0.319%7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$266as in the Funding arb table
Net, price: spread back to 7d avg − costs−$267as in the Price arb table
costs, in and out, $10k−$2872.875% of the position
Funding, last 7 days+0.211%+$21 on $10k
+Price spread, last 7 days−0.262%−$26 · spread now +0.319%, 7d avg +0.113%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.206% dearer against Bybit than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.113%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARCUSDT | 0.07834 | 0.2074 | pay 0.1037% / 4h | 2h 20m | $2.7M | $4.4M | 13x |
| Short | BingX ARC-USDT | 0.07859 | 0.2134 | get 0.1067% / 4h | 2h 20m | — | $1.7M | — |
Bybit ARCUSDT
BingX ARC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- $12.53
- Price spread: +0.319% → +0.113%
- $20.62
- Slippage, 4 orders
- −$266.47
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$254.32
- Costs to cover
- 2.875%
- Break-even
- 149.0 days
Slippage from Bybit: live order book, 2 min ago; BingX: live order book, 7 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, 2 min ago | 6.38 bp | 105.5 bp −$106 | 227.5 bp −$2,275 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 5.76 bp | 44.3 bp −$44 | 160.4 bp −$1,604 | 539.6 bp −$54.0K | 872.1 bp −$436.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARCUSD | −0.0094% | 1h | 0.07827 | −0.083% | $49K | $79K | 20x | as long as short |
| Lighter ARC | +0.0096% | 1h | 0.07845 | +0.134% | $43K | $2K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07819 | −0.191% | $3.0M | $335K | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07846 | +0.153% | $2K | $1.5M | 20x | as long as short |
| Bitget ARCUSDT | +0.0790% | 4h | 0.07833 | −0.013% | $1.7M | $527K | 10x | as long as short |
| KuCoin ARCUSDTM | +0.0878% | 4h | 0.07839 | +0.068% | $1.3M | $1.8M | 20x | as long as short |
| BloFin ARC-USDT | +0.0916% | 4h | 0.07826 | −0.102% | $1.2M | $61K | 20x | as long as short |
| Binance ARCUSDT | +0.0919% | 4h | 0.07863 | +0.375% | $24.4M | $7.2M | 20x | as long as short |
| Extended ARC-USD | +0.0920% | 1h | 0.07860 | +0.338% | $30K | $118K | 5x | as long as short |
| Aster ARCUSDT | +0.1499% | 4h | 0.07846 | +0.150% | $20K | $16K | 5x | as long as short |
Kraken Futures PF_ARCUSD
Lighter ARC
Gate ARC_USDT
SunX ARC-USDT
Bitget ARCUSDT
KuCoin ARCUSDTM
BloFin ARC-USDT
Binance ARCUSDT
Extended ARC-USD
Aster ARCUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARCUSDTlong | +0.2074% | 4h | 0.07834 | long leg | $2.7M | $4.4M | 13x | |
| BingX ARC-USDTshort | +0.2134% | 4h | 0.07859 | +0.319% | — | $1.7M | — |