AR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.48 per $10,000 · paid last 24h −0.021%

Price spread now: Binance against KuCoin−0.044%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$239as in the Funding arb table

Net, price: spread back to 7d avg − costs−$231as in the Price arb table

costs, in and out, $10k−$2282.284% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.102%−$10 on $10k

Price spread, last 7 days+0.092%+$9 · spread now −0.044%, 7d avg −0.021%

Together, before fees−0.010%−$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.023% cheaper against KuCoin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.021%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ARUSDTM	4.5840	0.0100	pay 0.0100% / 8h	53m 14s	$1.4M	$1.2M	50x
Short	Binance ARUSDT	4.5820	0.0052	get 0.0052% / 8h	53m 14s	$9.1M	$55.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 KuCoinbpFee BinancebpOrdersPrice spread, now −0.044%Rate

Funding earned: −$10.11
Price spread: −0.044% → −0.021%: −$2.26
Slippage, 4 orders: −$206.45
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$240.81
Costs to cover: 2.284%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 4 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 KuCoin live order book, 2 min ago	5.45 bp	105.3 bp −$105	729.2 bp −$7,292	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	1.09 bp	15.9 bp −$16	42.7 bp −$427	342.8 bp −$34.3K	doesn't fit

AR on 17 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
Kraken Futures PF_ARUSD	−0.1964%	1h	4.5838	−0.005%	$52K	$163K	20x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0140% / S +0.0551%	1h	4.5869	+0.063%	$589K	—	50x	as long as short
ApeX Omni ARUSDT	−0.0004%	1h	4.5840	0.000%	$58K	$747K	50x	as long as short
OKX AR-USDT-SWAP	+0.0009%	8h	4.5780	−0.131%	$2.4M	$20.9M	20x	as long as short
Injective AR/USDC PERP	+0.0033%	1h	4.5720	−0.262%	$3K	$339	5.5x	as long as short
Extended AR-USD	+0.0048%	1h	4.5811	−0.064%	$37K	$237K	10x	as long as short
Binance ARUSDTshort	+0.0052%	8h	4.5820	−0.044%	$9.1M	$55.7M	75x
MEXC AR_USDT	+0.0053%	8h	4.5830	−0.022%	$6.8M	$4.4M	100x	as long as short
Hyperliquid AR	+0.0100%	1h	4.5910	+0.153%	$4.1M	$4.9M	5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.5807	−0.072%	$20K	$611K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ARUSDT	+0.0100%	8h	4.5802	−0.083%	$4.7M	$8.9M	75x	as long as short
Gate AR_USDT	+0.0100%	8h	4.5830	−0.022%	$2.6M	$2.3M	50x	as long as short
KuCoin ARUSDTMlong	+0.0100%	8h	4.5840	long leg	$1.4M	$1.2M	50x
Bitget ARUSDT	+0.0100%	8h	4.5820	−0.044%	$3.9M	$5.6M	75x	as long as short
BingX AR-USDT	+0.0100%	8h	4.5820	−0.044%	—	$2.9M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.5934	+0.205%	$139K	$173K	—	as long as short
BloFin AR-USDT	+0.0172%	8h	4.5780	−0.131%	$430K	$674K	20x	as long as short