Funding you earn now, next payment 00:00 UTC+0.0015%/8h= +1.6% APRnext payment +$0.15 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX−0.009%7-day average +0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$820.819% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 7 days+0.081%+$8 · spread now −0.009%, 7d avg +0.104%
=Funding pays, the price is against you. KuCoin is 0.113% cheaper against BingX than usual: you would sell low and buy high (spread −0.009% now, against its 7-day average of +0.104%). If the spread goes back, that is −$11 on $10k: about 25 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARB-USDC | 0.2248 | 0.0085 | pay 0.0085% / 8h | 2h 29m | — | $6.5M | — |
| Short | KuCoin ARBUSDTM | 0.2248 | 0.0100 | get 0.0100% / 8h | 2h 29m | $20.8M | $17.1M | 75x |
BingX ARB-USDC
KuCoin ARBUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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
- $3.15
- Price spread: −0.009% → +0.104%
- −$11.29
- Slippage, 4 orders
- −$59.87
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$90.01
- Costs to cover
- 0.819%
- Break-even
- 207.0 days
Slippage from BingX: live order book, 1 min ago; KuCoin: 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 BingX live order book, 1 min ago | 3.56 bp | 18.8 bp −$19 | 33.2 bp −$332 | 97.1 bp −$9,715 | 630.5 bp −$315.3K |
| Sell KuCoin live order book, 4 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 | 0.2241 | −0.303% | $40K | $197K | 12x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0328% | 1h | 0.2247 | −0.027% | $38K | $20K | 25x | as long as short |
| 01 Exchange ARBUSD | −0.0288% | 1h | 0.2251 | +0.160% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0186% | 8h | 0.2248 | −0.004% | $56.6M | $136.1M | 50x | as long as short |
| Variational Omni ARB | −0.0172% | 8h | 0.2249 | +0.060% | $1.9M | $2.8M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0084% | 8h | 0.2247 | −0.031% | $22.4M | $166.1M | 50x | as long as short |
| MEXC ARB_USDT | −0.0084% | 8h | 0.2247 | −0.027% | $37.8M | $63.6M | 200x | as long as short |
| SoDEX ARB-USD | −0.0075% | 1h | 0.2246 | −0.080% | $4K | $2.9M | 5x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2248 | −0.001% | $1.1M | $5.2M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0013% | 8h | 0.2248 | +0.009% | $10K | $387K | 10x | as long as short |
Injective ARB/USDC PERP
Deribit ARB_USDC-PERPETUAL
01 Exchange ARBUSD
Bybit ARBUSDT
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
Kraken Futures PF_ARBUSD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2248 | +0.018% | $66K | $4K | 10x | as long as short |
| Polymarket Perps ARB-USD | +0.0003% | 1h | 0.2251 | +0.165% | $78K | $2.3M | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0004% | 1h | 0.2250 | +0.080% | $58K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0011% | 8h | 0.2249 | +0.044% | $63.9M | $325.5M | 75x | as long as short |
| Gate ARB_USDT | +0.0013% | 8h | 0.2247 | −0.040% | $5.5M | $21.6M | 60x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2244 | −0.184% | $358K | $2.4M | 25x | as long as short |
| BloFin ARB-USDT | +0.0048% | 8h | 0.2250 | +0.089% | $3.0M | $3.3M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2248 | +0.022% | $147K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0085% | 8h | 0.2247 | −0.036% | $21.1M | $38.5M | 50x | as long as short |
| BingX ARB-USDClong | +0.0085% | 8h | 0.2248 | long leg | — | $6.5M | — | |
| Lighter ARB | +0.0096% | 1h | 0.2249 | +0.044% | $1.3M | $7.7M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2249 | +0.053% | $40.2M | $53.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2247 | −0.027% | $699K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2248 | +0.013% | $47K | $200K | 10x | as long as short |
| KuCoin ARBUSDTMshort | +0.0100% | 8h | 0.2248 | −0.009% | $20.8M | $17.1M | 75x | |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2241 | −0.308% | $36K | $452K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2237 | −0.484% | $483K | $4.1M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2243 | −0.214% | $121K | $297K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2253 | +0.231% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2247 | −0.018% | $276K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2247 | −0.036% | $5.3M | $13.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0156% | 1h | 0.2249 | +0.073% | $840K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2252 | +0.205% | $502K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2250 | +0.099% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2254 | +0.289% | $496K | $2.9M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0581% | 1h | 0.2251 | +0.151% | $1.1M | $2.7M | 20x | as long as short |
dYdX ARB-USD
Polymarket Perps ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Gate ARB_USDT
Extended ARB-USD
BloFin ARB-USDT
Aevo ARB-PERP
Bitget ARBUSDT
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
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP