Funding you earn now, next payment 00:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.92 per $10,000 · paid last 24h +0.013%
Price spread now: KuCoin against Binance+0.013%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$600.598% of the position
Funding, last 7 days+0.135%+$13 on $10k
+Price spread, last 7 days+0.012%+$1 · spread now +0.013%, 7d avg +0.015%
=The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARBUSDT | 0.2252 | 0.0008 | pay 0.0008% / 8h | 2h 27m | $64.0M | $325.2M | 75x |
| Short | KuCoin ARBUSDTM | 0.2252 | 0.0100 | get 0.0100% / 8h | 2h 27m | $20.8M | $17.0M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- $19.29
- Price spread: +0.013% → +0.015%
- −$0.14
- Slippage, 4 orders
- −$37.83
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$40.67
- Costs to cover
- 0.598%
- Break-even
- 21.8 days
Slippage from Binance: live order book, 16 min ago; KuCoin: live order book, 6 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 Binance live order book, 16 min ago | 0.22 bp | 7.9 bp −$8 | 19.5 bp −$195 | 70.9 bp −$7,086 | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 2.67 bp | 21.2 bp −$21 | 58.8 bp −$588 | doesn't fit | doesn't fit |
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1675% | 1h | 0.2239 | −0.568% | $40K | $197K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0288% | 1h | 0.2248 | −0.155% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0182% | 8h | 0.2252 | −0.004% | $56.7M | $136.1M | 50x | as long as short |
| Variational Omni ARB | −0.0172% | 8h | 0.2249 | −0.118% | $1.9M | $2.8M | — | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0105% | 1h | 0.2251 | −0.036% | $38K | $20K | 25x | as long as short |
| OKX ARB-USDT-SWAP | −0.0088% | 8h | 0.2251 | −0.049% | $22.4M | $166.3M | 50x | as long as short |
| MEXC ARB_USDT | −0.0086% | 8h | 0.2250 | −0.080% | $37.8M | $63.6M | 200x | as long as short |
| SoDEX ARB-USD | −0.0081% | 1h | 0.2249 | −0.107% | $4K | $2.9M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2250 | −0.082% | $1.1M | $5.3M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0014% | 8h | 0.2250 | −0.080% | $10K | $387K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ARB-USD | −0.0004% | 1h | 0.2249 | −0.133% | $78K | $2.2M | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2250 | −0.102% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2251 | −0.046% | $59K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2250 | −0.098% | $358K | $2.4M | 25x | as long as short |
| Binance ARBUSDTlong | +0.0008% | 8h | 0.2252 | long leg | $64.0M | $325.2M | 75x | |
| Gate ARB_USDT | +0.0014% | 8h | 0.2252 | −0.009% | $5.5M | $21.6M | 60x | as long as short |
| BloFin ARB-USDT | +0.0043% | 8h | 0.2247 | −0.195% | $3.0M | $3.3M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2251 | −0.019% | $147K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0085% | 8h | 0.2250 | −0.080% | $21.1M | $38.5M | 50x | as long as short |
| BingX ARB-USDC | +0.0085% | 8h | 0.2250 | −0.098% | — | $6.5M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2251 | −0.027% | $1.3M | $7.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2253 | +0.053% | $40.3M | $53.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2250 | −0.080% | $700K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2249 | −0.110% | $47K | $200K | 10x | as long as short |
| KuCoin ARBUSDTMshort | +0.0100% | 8h | 0.2252 | +0.013% | $20.8M | $17.0M | 75x | |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2249 | −0.137% | $36K | $453K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2249 | −0.120% | $480K | $4.1M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2248 | −0.169% | $122K | $297K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2250 | −0.080% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2247 | −0.218% | $276K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2249 | −0.124% | $5.3M | $13.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0154% / S −0.0018% | 1h | 0.2250 | −0.073% | $853K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2252 | +0.027% | $502K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2249 | −0.143% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2249 | −0.113% | $495K | $2.9M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0577% | 1h | 0.2254 | +0.089% | $1.1M | $2.7M | 20x | as long as short |
Binance ARBUSDT
KuCoin ARBUSDTM
Injective ARB/USDC PERP
01 Exchange ARBUSD
Bybit ARBUSDT
Variational Omni ARB
Deribit ARB_USDC-PERPETUAL
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Kraken Futures PF_ARBUSD
Polymarket Perps ARB-USD
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Gate ARB_USDT
BloFin ARB-USDT
Bitget ARBUSDT
BingX ARB-USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
Backpack ARB_USDC_PERP