Funding you earn now, next payment 03:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h +0.079%
Price spread now: Bybit against Arcus−0.068%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.068% cheaper against Arcus than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus BOT-USD | 29.500 | 0.0040 | pay 0.0005% / 1h | 56m 40s | $3K | $9K | 5x |
| Short | Bybit BOTUSDT | 29.480 | 0 | get 0.0000% / 8h | 5h 56m | $510K | $536K | 25x |
Arcus BOT-USD
Bybit BOTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.068% → 0.000%
- −$6.78
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$30.74
- Costs to cover
- 0.155%
- Break-even
- never at this rate
Slippage unknown: Arcus: no order-book sample; Bybit: live order book, 63 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 63 min ago | 3.39 bp | 80.0 bp −$80 | 215.6 bp −$2,156 | doesn't fit | doesn't fit |
Arcus: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BOT 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BOTUSDTM | −0.1707% | 8h | 29.530 | +0.102% | $96K | $286K | 20x | as long as short |
| Variational Omni BOT | −0.1347% | 8h | 29.530 | +0.101% | $31K | $21K | — | as long as short |
| Binance BOTUSDT | −0.1338% | 8h | 29.532 | +0.107% | $455K | $1.2M | 10x | as long as short |
| OKX BOT-USDT-SWAP | −0.0947% | 8h | 29.550 | +0.169% | $235K | $230K | 20x | as long as short |
| QFEX BOT-USD | −0.0160% | 1h | 29.500 | 0.000% | $1.2M | $535K | 10x | as long as short |
| Bybit BOTUSDTshort | 0.0000% | 8h | 29.480 | −0.068% | $510K | $536K | 25x | |
| Gate BOT_USDT | 0.0000% | 8h | 29.540 | +0.136% | $256K | $239K | 20x | as long as short |
| Bitget BOTUSDT | 0.0000% | 8h | 29.560 | +0.203% | $248K | $128K | 5x | as long as short |
| Lighter BOT | +0.0032% | 1h | 29.720 | +0.746% | $68K | $1K | 3x | as long as short |
| Arcus BOT-USDlong | +0.0040% | 1h | 29.500 | long leg | $3K | $9K | 5x |
KuCoin BOTUSDTM
Variational Omni BOT
Binance BOTUSDT
OKX BOT-USDT-SWAP
QFEX BOT-USD
Gate BOT_USDT
Bitget BOTUSDT
Lighter BOTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BOT-USDT | +0.0100% | 8h | 29.574 | +0.251% | $3K | $34K | 10x | as long as short |
| tradeXYZ xyz:BOT | +0.0354% | 1h | 29.506 | +0.020% | $3.1M | $814K | 10x | as long as short |
HTX BOT-USDT
tradeXYZ xyz:BOT