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
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%
=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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ARBUSDT | 0.2204 | 0.0062 | pay 0.0062% / 8h | 4h 00m | $20.9M | $34.2M | 50x |
| Short | KuCoin ARBUSDTM | 0.2203 | 0.0100 | get 0.0100% / 8h | 4h 00m | $19.6M | $14.8M | 75x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 3 min ago | 2.27 bp | 12.7 bp −$13 | 19.3 bp −$193 | 89.5 bp −$8,953 | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 1.14 bp | 13.1 bp −$13 | 32.0 bp −$320 | 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 | −0.1649% | 1h | 0.2189 | −0.681% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0168% | 1h | 0.2203 | −0.059% | $7K | $2K | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0151% | 1h | 0.2202 | −0.100% | $86K | $2.1M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0114% | 8h | 0.2203 | −0.054% | $22.2M | $144.9M | 50x | as long as short |
| MEXC ARB_USDT | −0.0113% | 8h | 0.2205 | +0.045% | $41.6M | $60.9M | 200x | as long as short |
| Variational Omni ARB | −0.0095% | 8h | 0.2201 | −0.149% | $1.8M | $2.9M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0074% | 8h | 0.2202 | −0.091% | $13K | $401K | 10x | as long as short |
| Gate ARB_USDT | −0.0040% | 8h | 0.2205 | +0.032% | $5.3M | $18.9M | 60x | as long as short |
| Bybit ARBUSDT | −0.0039% | 8h | 0.2202 | −0.086% | $55.5M | $124.7M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0006% | 1h | 0.2202 | −0.077% | $1.1M | $4.4M | 50x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2205 | +0.044% | $65K | $5K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2202 | −0.091% | $24K | $34K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2202 | −0.111% | $32K | — | 150x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2203 | −0.030% | $350K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0020% | 8h | 0.2205 | +0.041% | $64.1M | $301.4M | 75x | as long as short |
| SoDEX ARB-USD | +0.0031% | 1h | 0.2201 | −0.123% | $10K | $2.2M | 5x | as long as short |
| BingX ARB-USDT | +0.0061% | 8h | 0.2204 | +0.009% | — | $53.7M | — | as long as short |
| Bitget ARBUSDTlong | +0.0062% | 8h | 0.2204 | long leg | $20.9M | $34.2M | 50x | |
| BloFin ARB-USDT | +0.0071% | 8h | 0.2202 | −0.082% | $3.1M | $2.6M | 75x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2202 | −0.078% | $140K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2204 | +0.018% | $1.2M | $5.8M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2206 | +0.077% | $37.8M | $48.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2203 | −0.025% | $634K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2202 | −0.100% | $42K | $168K | 10x | as long as short |
| KuCoin ARBUSDTMshort | +0.0100% | 8h | 0.2203 | −0.027% | $19.6M | $14.8M | 75x | |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2200 | −0.168% | $38K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2202 | −0.090% | $468K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2202 | −0.091% | $119K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2201 | −0.136% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2202 | −0.091% | $299K | $909K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2202 | −0.091% | $5.0M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2206 | +0.095% | $491K | $1.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0225% | 1h | 0.2203 | −0.036% | $476K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2201 | −0.115% | $831K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2201 | −0.157% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0611% | 1h | 0.2206 | +0.100% | $994K | $2.8M | 20x | as long as short |
Bitget ARBUSDT
KuCoin ARBUSDTM
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Gate ARB_USDT
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
SoDEX ARB-USD
BingX ARB-USDT
BloFin ARB-USDT
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
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP