ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0735%/8h= +80.5% APRnext payment +$7.35 per $10,000 · paid last 24h +0.001%

Price spread now: KuCoin against Bybit+0.049%7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$530.525% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.104%+$10 on $10k

Price spread, last 7 days−0.005%−$1 · spread now +0.049%, 7d avg +0.048%

Together, before fees+0.099%+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.048%, so right now this pair is about funding alone: +$22 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.104% in total (about 5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.35 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ARBUSDT	0.2255	−0.0635	get 0.0635% / 8h	7h 57m	$58.2M	$127.9M	50x
Short	KuCoin ARBUSDTM	0.2256	0.0100	get 0.0100% / 8h	7h 57m	$19.6M	$16.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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 BybitbpFee KuCoinbpOrdersPrice spread, now +0.049%Rate

Funding earned: $154.42
Price spread: +0.049% → +0.048%: $0.05
Slippage, 4 orders: −$29.52
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $101.94
Costs to cover: 0.525%
Break-even: 2.4 days

Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 11 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 Bybit live order book, 1 min ago	0.22 bp	7.6 bp −$8	17.6 bp −$176	47.9 bp −$4,788	doesn't fit
Sell KuCoin live order book, 11 min ago	0.66 bp	17.4 bp −$17	40.5 bp −$405	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	−0.1666%	1h	0.2247	−0.350%	$41K	$372K	12x	as long as short
Bybit ARBUSDTlong	−0.0635%	8h	0.2255	long leg	$58.2M	$127.9M	50x
01 Exchange ARBUSD	−0.0216%	1h	0.2263	+0.373%	$7K	$2K	10x	as long as short
Variational Omni ARB	−0.0201%	8h	0.2259	+0.175%	$2.0M	$2.8M	—	as long as short
Gate ARB_USDT	−0.0199%	8h	0.2257	+0.093%	$5.4M	$19.6M	60x	as long as short
SoDEX ARB-USD	−0.0171%	1h	0.2260	+0.244%	$4K	$2.6M	5x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0148%	1h	0.2261	+0.288%	$25K	$34K	25x	as long as short
Kraken Futures PF_ARBUSD	−0.0138%	1h	0.2263	+0.337%	$1.1M	$4.9M	50x	as long as short
OKX ARB-USDT-SWAP	−0.0117%	8h	0.2256	+0.040%	$22.8M	$158.3M	50x	as long as short
MEXC ARB_USDT	−0.0116%	8h	0.2255	−0.013%	$38.2M	$58.6M	200x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ARB_USDC	−0.0042%	8h	0.2262	+0.315%	$13K	$392K	10x	as long as short
Extended ARB-USD	−0.0008%	1h	0.2255	+0.025%	$359K	$2.3M	25x	as long as short
Binance ARBUSDT	−0.0007%	8h	0.2255	+0.020%	$66.4M	$313.1M	75x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2257	+0.079%	$67K	$4K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0005%	1h	0.2264	+0.422%	$56K	—	150x	as long as short
Bitget ARBUSDT	+0.0047%	8h	0.2255	+0.004%	$21.2M	$36.1M	50x	as long as short
BingX ARB-USDT	+0.0050%	8h	0.2256	+0.067%	—	$54.0M	—	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2262	+0.300%	$148K	$3K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2257	+0.093%	$1.4M	$7.3M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2260	+0.208%	$40.9M	$47.7M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2259	+0.186%	$702K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2257	+0.100%	$47K	$183K	10x	as long as short
KuCoin ARBUSDTMshort	+0.0100%	8h	0.2256	+0.049%	$19.6M	$16.1M	75x
edgeX ARBUSDC	+0.0100%	4h	0.2261	+0.258%	$40K	$463K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2261	+0.270%	$482K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2263	+0.359%	$122K	$295K	50x	as long as short
Polymarket Perps ARB-USD	+0.0100%	1h	0.2263	+0.337%	$66K	$2.0M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2264	+0.404%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2261	+0.266%	$291K	$1.0M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2259	+0.182%	$5.2M	$13.0M	50x	as long as short
BloFin ARB-USDT	+0.0114%	8h	0.2260	+0.217%	$3.1M	$2.8M	75x	as long as short
Coinbase International ARB-PERP-INTX	+0.0232%	1h	0.2263	+0.359%	$511K	$2.3M	50x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2262	+0.298%	$2K	$695	20x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0297% / S −0.0186%	1h	0.2264	+0.410%	$926K	—	150x	as long as short
RISEx ARB/USDC	+0.0384%	1h	0.2265	+0.457%	$513K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0496%	1h	0.2263	+0.341%	$1.0M	$2.8M	20x	as long as short