Funding you earn now, next payment 00:00 UTC−0.2537%/8h= −277.8% APRnext payment −$12.68 per $10,000 · paid last 24h −0.567%
Price spread now: Bitget against Bybit+0.589%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$1361.361% of the position
Funding, last 7 days−0.413%−$41 on $10k
+Price spread, last 4 days (all we have)−0.755%−$76 · spread now +0.589%, 7d avg +0.100%
=The price spread pays, funding is against you. Bitget is 0.488% dearer against Bybit than usual: you sell high and buy low (spread +0.589% now, against its 7-day average of +0.100%): +$49 on $10k if it goes back. Holding the pair costs −$76 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.413% in total) that is about 8.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.413% in total (about -21.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$12.68 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 ARKUSDT | 0.1546 | 0.2637 | pay 0.1318% / 4h | 1h 33m | $1.3M | $1.0M | 25x |
| Short | Bitget ARKUSDT | 0.1555 | 0.0100 | get 0.0050% / 4h | 1h 33m | $392K | $285K | 25x |
Bybit ARKUSDT
Bitget ARKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$532.69
- Price spread: +0.589% → +0.100%
- $48.83
- Slippage, 4 orders
- −$113.15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$620.01
- Costs to cover
- 1.361%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 42 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 | 7.45 bp | 32.5 bp −$33 | 267.3 bp −$2,673 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 42 min ago | 12.94 bp | 32.3 bp −$32 | 142.9 bp −$1,429 | doesn't fit | doesn't fit |
ARK on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ARK_USDT | −0.0626% | 8h | 0.1553 | +0.459% | $192K | $120K | 25x | as long as short |
| KuCoin ARKUSDTM | +0.0084% | 4h | 0.1553 | +0.459% | $784K | $38K | 30x | as long as short |
| Binance ARKUSDT | +0.0100% | 4h | 0.1556 | +0.653% | $3.5M | $3.8M | 40x | as long as short |
| MEXC ARK_USDT | +0.0100% | 4h | 0.1555 | +0.589% | $509K | $166K | 20x | as long as short |
| Bitget ARKUSDTshort | +0.0100% | 4h | 0.1555 | +0.589% | $392K | $285K | 25x | |
| BingX ARK-USDT | +0.2506% | 4h | 0.1551 | +0.330% | — | $2.4M | — | as long as short |
| Bybit ARKUSDTlong | +0.2637% | 4h | 0.1546 | long leg | $1.3M | $1.0M | 25x | |
| Variational Omni ARK | +0.3712% | 4h | 0.1543 | −0.196% | $19K | $16K | — | as long as short |
Gate ARK_USDT
KuCoin ARKUSDTM
Binance ARKUSDT
MEXC ARK_USDT
BingX ARK-USDT
Variational Omni ARK