Funding you earn now, next payment 05:00 UTC−0.1587%/8h= −173.7% APRnext payment −$1.98 per $10,000 · paid last 24h +0.241%
Price spread now: tradeXYZ against Arcus+0.089%7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. tradeXYZ is 0.089% dearer against Arcus than usual: you sell high and buy low (spread +0.089% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$48 a day in funding at the current rate, which eats that in about 4 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus BOT-USD | 29.300 | 0.0040 | pay 0.0005% / 1h | 5m 40s | $3K | $9K | 5x |
| Short | tradeXYZ xyz:BOT | 29.326 | −0.1546 | pay 0.0193% / 1h | 5m 40s | $3.1M | $771K | 10x |
Arcus BOT-USD
tradeXYZ xyz:BOTFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$333.21
- Price spread: +0.089% → 0.000%
- $8.87
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$346.84
- Costs to cover
- 0.225%
- Break-even
- never at this rate
Slippage unknown: Arcus: no order-book sample; tradeXYZ: live order book, 1 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 tradeXYZ live order book, 1 min ago | 3.24 bp | 42.4 bp −$42 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BOTshort | −0.1546% | 1h | 29.326 | +0.089% | $3.1M | $771K | 10x | |
| OKX BOT-USDT-SWAP | −0.1053% | 8h | 29.350 | +0.171% | $234K | $211K | 20x | as long as short |
| KuCoin BOTUSDTM | −0.0975% | 8h | 29.340 | +0.137% | $95K | $305K | 20x | as long as short |
| Binance BOTUSDT | −0.0727% | 8h | 29.350 | +0.171% | $452K | $1.2M | 10x | as long as short |
| Variational Omni BOT | −0.0652% | 8h | 29.340 | +0.136% | $31K | $14K | — | as long as short |
| QFEX BOT-USD | −0.0080% | 1h | 29.330 | +0.102% | $1.2M | $505K | 10x | as long as short |
| Bybit BOTUSDT | 0.0000% | 8h | 29.300 | 0.000% | $507K | $553K | 25x | as long as short |
| Gate BOT_USDT | 0.0000% | 8h | 29.360 | +0.205% | $254K | $235K | 20x | as long as short |
| Bitget BOTUSDT | 0.0000% | 8h | 29.400 | +0.341% | $246K | $121K | 5x | as long as short |
| Lighter BOT | +0.0032% | 1h | 29.520 | +0.751% | $68K | $1K | 3x | as long as short |
OKX BOT-USDT-SWAP
KuCoin BOTUSDTM
Binance BOTUSDT
Variational Omni BOT
QFEX BOT-USD
Bybit BOTUSDT
Gate BOT_USDT
Bitget BOTUSDT
Lighter BOTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BOT-USDlong | +0.0040% | 1h | 29.300 | long leg | $3K | $9K | 5x | |
| HTX BOT-USDT | +0.0100% | 8h | 29.385 | +0.290% | $3K | $34K | 10x | as long as short |
HTX BOT-USDT