Funding you earn now, next payment 05:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.001%
Price spread now: Bitget against Arcus−0.044%7-day average +0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$580.578% of the position
Funding, last 4 days (all we have)−0.041%−$4 on $10k
+Price spread, last 4 days (all we have)+0.170%+$17 · spread now −0.044%, 7d avg +0.081%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.125% cheaper against Arcus than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.081%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus BE-USD | 274.16 | 0.0040 | pay 0.0005% / 1h | 27m 13s | $114K | $109K | 10x |
| Short | Bitget BEUSDT | 274.04 | 0 | get 0.0000% / 8h | 3h 27m | $1.7M | $2.6M | 20x |
Arcus BE-USD
Bitget BEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Arcus. 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
- −$8.46
- Price spread: −0.044% → +0.081%
- −$12.45
- Slippage, 4 orders
- −$41.33
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$78.74
- Costs to cover
- 0.578%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 26 min ago; Bitget: live order book, 5 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 Arcus live order book, 26 min ago | 4.00 bp | 8.5 bp −$9 | 20.0 bp −$200 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.01 bp | 17.9 bp −$18 | 37.5 bp −$375 | doesn't fit | doesn't fit |
BE on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BEUSDT | 0.0000% | 8h | 273.98 | −0.064% | $345K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.00 | −0.058% | $1.4M | $3.4M | 50x | as long as short |
| Bitget BEUSDTshort | 0.0000% | 8h | 274.04 | −0.044% | $1.7M | $2.6M | 20x | |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 274.48 | +0.117% | $7K | $163K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 274.01 | −0.055% | $1K | $2.4M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 274.54 | +0.139% | $13K | $35K | 20x | as long as short |
| Extended BE-USD | +0.0024% | 1h | 273.96 | −0.073% | $46K | $260K | 10x | as long as short |
| Binance BEUSDT | +0.0025% | 8h | 273.99 | −0.062% | $8.4M | $36.7M | 25x | as long as short |
| Lighter BE | +0.0032% | 1h | 273.77 | −0.142% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 273.92 | −0.088% | $250K | $290K | 10x | as long as short |
Aster BEUSDT
Gate BE_USDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Extended BE-USD
Binance BEUSDT
Lighter BE
Lighter RH BEShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BEUSDT | +0.0032% | 8h | 274.04 | −0.044% | $2.0M | $1.1M | 25x | as long as short |
| QFEX BE-USD | +0.0036% | 1h | 274.30 | +0.051% | $1.3M | $2.6M | 10x | as long as short |
| Arcus BE-USDlong | +0.0040% | 1h | 274.16 | long leg | $114K | $109K | 10x | |
| Vest BE-USD-PERP | +0.0046% | 1h | 274.19 | +0.011% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 273.95 | −0.077% | $5.9M | $2.7M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0064% | 1h | 273.33 | −0.303% | $473K | $132K | 10x | as long as short |
| BloFin BE-USDT | +0.0100% | 8h | 274.02 | −0.051% | $45K | $142K | 20x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 274.05 | −0.040% | $370K | $20K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 273.83 | −0.121% | — | — | 10x | as long as short |
| OKX BE-USDT-SWAP | +0.0116% | 8h | 274.00 | −0.058% | $2.7M | $6.9M | 25x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0554% | 1h | 274.00 | −0.058% | $7K | $4K | 10x | as long as short |
Bybit BEUSDT
QFEX BE-USD
Vest BE-USD-PERP
tradeXYZ xyz:BE
Coinbase International BE-PERP-INTX
BloFin BE-USDT
KuCoin BEUSDTM
Aevo BE-PERP
OKX BE-USDT-SWAP
Deribit BE_USDC-PERPETUAL