ARC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.2904%/8h= +317.9% APRnext payment +$14.52 per $10,000 · paid last 24h +0.174%

Price spread now: Bybit against Gate−0.404%7-day average +0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$609as in the Funding arb table

Net, price: spread back to 7d avg − costs−$683as in the Price arb table

costs, in and out, $10k−$6406.403% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.310%+$31 on $10k

Price spread, last 7 days+0.515%+$52 · spread now −0.404%, 7d avg +0.021%

Together, before fees+0.825%+$82 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.425% cheaper against Gate than usual: you would sell low and buy high (spread −0.404% now, against its 7-day average of +0.021%). If the spread goes back, that is −$42 on $10k: about 12 hours of funding at the current rate (+$87 a day). At the pace of the last 7 days (+0.310% in total) that is about 9.6 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.310% in total (about 16.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$14.52 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	Gate ARC_USDT	0.07925	0.0100	pay 0.0050% / 4h	3h 14m	$3.1M	$274K	20x
Short	Bybit ARCUSDT	0.07893	0.3004	get 0.1502% / 4h	3h 14m	$2.8M	$4.6M	13x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 GatebpFee BybitbpOrdersPrice spread, now −0.404%Rate

Funding earned: $609.76
Price spread: −0.404% → +0.021%: −$42.49
Slippage, 4 orders: −$614.32
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$73.04
Costs to cover: 6.403%
Break-even: 7.8 days

Slippage from Gate: live order book, 3 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 Gate live order book, 3 min ago	17.69 bp	255.5 bp −$255	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	4.43 bp	108.5 bp −$108	367.0 bp −$3,670	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	0.07910	−0.192%	$38K	$7K	3x	as long as short
Aster ARCUSDT	+0.0100%	4h	0.07886	−0.497%	$19K	$14K	5x	as long as short
Gate ARC_USDTlong	+0.0100%	4h	0.07925	long leg	$3.1M	$274K	20x
KuCoin ARCUSDTM	+0.0100%	4h	0.07921	−0.049%	$1.3M	$1.8M	20x	as long as short
SunX ARC-USDT	+0.0100%	4h	0.07904	−0.265%	$1K	$1.5M	20x	as long as short
Extended ARC-USD	+0.0440%	1h	0.07906	−0.236%	$30K	$193K	5x	as long as short
BloFin ARC-USDT	+0.0440%	4h	0.07921	−0.050%	$1.2M	$51K	20x	as long as short
Binance ARCUSDT	+0.0465%	4h	0.07908	−0.215%	$24.5M	$7.2M	20x	as long as short
Kraken Futures PF_ARCUSD	+0.0713%	1h	0.07879	−0.583%	$52K	$88K	20x	as long as short
Bitget ARCUSDT	+0.0766%	4h	0.07921	−0.050%	$1.7M	$557K	10x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ARC-USDT	+0.2328%	4h	0.07908	−0.215%	—	$1.7M	—	as long as short
Bybit ARCUSDTshort	+0.3004%	4h	0.07893	−0.404%	$2.8M	$4.6M	13x