Settings8H · net · $10k
Funding arb · Price arb /

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.38 per $10,000 · paid last 24h +0.005%
Price spread now: KuCoin against Bitget−0.027%7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$580.576% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.100%+$10 on $10k
Price spread, last 7 days+0.072%+$7 · spread now −0.027%, 7d avg +0.044%
Together, before fees+0.172%+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.071% cheaper against Bitget than usual: you would sell low and buy high (spread −0.027% now, against its 7-day average of +0.044%). If the spread goes back, that is −$7 on $10k: about 6.2 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ARBUSDT0.22040.0062pay 0.0062% / 8h4h 00m$20.9M$34.2M50x
ShortKuCoin ARBUSDTM0.22030.0100get 0.0100% / 8h4h 00m$19.6M$14.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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

Funding earned
$7.98
Price spread: −0.027% → +0.044%
−$7.12
Slippage, 4 orders
−$33.64
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$56.78
Costs to cover
0.576%
Break-even
56.8 days
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago2.27 bp12.7 bp −$1319.3 bp −$19389.5 bp −$8,953doesn't fit
Sell KuCoin live order book, 8 min ago1.14 bp13.1 bp −$1332.0 bp −$320doesn't fitdoesn't fit

ARB on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1649%1h0.2189−0.681%$39K$372K12xas long as short
01 Exchange ARBUSD−0.0168%1h0.2203−0.059%$7K$2K10xas long as short
Polymarket Perps ARB-USD−0.0151%1h0.2202−0.100%$86K$2.1M10xas long as short
OKX ARB-USDT-SWAP−0.0114%8h0.2203−0.054%$22.2M$144.9M50xas long as short
MEXC ARB_USDT−0.0113%8h0.2205+0.045%$41.6M$60.9M200xas long as short
Variational Omni ARB−0.0095%8h0.2201−0.149%$1.8M$2.9Mas long as short
Orderly PERP_ARB_USDC−0.0074%8h0.2202−0.091%$13K$401K10xas long as short
Gate ARB_USDT−0.0040%8h0.2205+0.032%$5.3M$18.9M60xas long as short
Bybit ARBUSDT−0.0039%8h0.2202−0.086%$55.5M$124.7M50xas long as short
Kraken Futures PF_ARBUSD−0.0006%1h0.2202−0.077%$1.1M$4.4M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ARB-USD0.0000%1h0.2205+0.044%$65K$5K10xas long as short
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2202−0.091%$24K$34K25xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0006%1h0.2202−0.111%$32K150xas long as short
Extended ARB-USD+0.0016%1h0.2203−0.030%$350K$2.5M25xas long as short
Binance ARBUSDT+0.0020%8h0.2205+0.041%$64.1M$301.4M75xas long as short
SoDEX ARB-USD+0.0031%1h0.2201−0.123%$10K$2.2M5xas long as short
BingX ARB-USDT+0.0061%8h0.2204+0.009%$53.7Mas long as short
Bitget ARBUSDTlong+0.0062%8h0.2204long leg$20.9M$34.2M50x
BloFin ARB-USDT+0.0071%8h0.2202−0.082%$3.1M$2.6M75xas long as short
Aevo ARB-PERP+0.0088%1h0.2202−0.078%$140K$7K3xas long as short
Lighter ARB+0.0096%1h0.2204+0.018%$1.2M$5.8M15xas long as short
Hyperliquid ARB+0.0100%1h0.2206+0.077%$37.8M$48.4M10xas long as short
Aster ARBUSDT+0.0100%8h0.2203−0.025%$634K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2202−0.100%$42K$168K10xas long as short
KuCoin ARBUSDTMshort+0.0100%8h0.2203−0.027%$19.6M$14.8M75x
edgeX ARBUSDC+0.0100%4h0.2200−0.168%$38K$464K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2202−0.090%$468K$3.6M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2202−0.091%$119K$283K50xas long as short
SunX ARB-USDT+0.0100%8h0.2201−0.136%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2202−0.091%$299K$909K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2202−0.091%$5.0M$13.0M50xas long as short
Coinbase International ARB-PERP-INTX+0.0224%1h0.2206+0.095%$491K$1.8M50xas long as short
RISEx ARB/USDC+0.0225%1h0.2203−0.036%$476K$2.6M10xas long as short
GMX ARB/USD [ARB-USDC]L +0.0276% / S −0.0158%1h0.2201−0.115%$831K150xas long as short
Reya ARBRUSDPERP+0.0289%1h0.2201−0.157%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0611%1h0.2206+0.100%$994K$2.8M20xas long as short