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

ARB

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h +0.020%
Price spread now: KuCoin against Extended+0.167%7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$800.798% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.139%+$14 on $10k
Price spread, last 7 days−0.066%−$7 · spread now +0.167%, 7d avg +0.113%
Together, before fees+0.073%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.054% dearer against Extended than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.113%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ARB-USD0.22020.0008pay 0.0001% / 1h46m 05s$349K$2.5M25x
ShortKuCoin ARBUSDTM0.22060.0100get 0.0100% / 8h4h 46m$19.5M$15.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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
$19.32
Price spread: +0.167% → +0.113%
$5.44
Slippage, 4 orders
−$62.8
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$55.04
Costs to cover
0.798%
Break-even
26.9 days
Slippage from Extended: live order book, 3 min ago; KuCoin: live order book, 3 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 Extended live order book, 3 min ago15.96 bp18.5 bp −$1879.0 bp −$790doesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago1.59 bp23.7 bp −$2449.0 bp −$490doesn'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%1h0.2188−0.646%$39K$372K12xas long as short
01 Exchange ARBUSD−0.0144%1h0.2201−0.064%$7K$2K10xas long as short
OKX ARB-USDT-SWAP−0.0135%8h0.2206+0.167%$22.3M$148.3M50xas long as short
MEXC ARB_USDT−0.0134%8h0.2205+0.104%$40.7M$59.6M200xas long as short
Polymarket Perps ARB-USD−0.0122%1h0.2201−0.073%$90K$2.1M10xas long as short
Variational Omni ARB−0.0116%8h0.2201−0.044%$1.8M$2.9Mas long as short
Gate ARB_USDT−0.0100%8h0.2206+0.158%$5.3M$18.7M60xas long as short
Orderly PERP_ARB_USDC−0.0079%8h0.2202−0.010%$12K$388K10xas long as short
Bybit ARBUSDT−0.0044%8h0.2205+0.149%$55.8M$125.9M50xas long as short
Kraken Futures PF_ARBUSD−0.0006%1h0.2205+0.109%$1.1M$4.4M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ARB-USD0.0000%1h0.2203+0.018%$65K$5K10xas long as short
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2203+0.040%$24K$34K25xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0006%1h0.2202−0.008%$32K150xas long as short
Extended ARB-USDlong+0.0008%1h0.2202long leg$349K$2.5M25x
Binance ARBUSDT+0.0012%8h0.2205+0.125%$64.3M$306.4M75xas long as short
BloFin ARB-USDT+0.0038%8h0.2200−0.123%$3.1M$2.6M75xas long as short
SoDEX ARB-USD+0.0052%1h0.2204+0.090%$10K$2.3M5xas long as short
Bitget ARBUSDT+0.0065%8h0.2205+0.126%$21.0M$34.6M50xas long as short
BingX ARB-USDT+0.0066%8h0.2205+0.140%$53.8Mas long as short
Aevo ARB-PERP+0.0080%1h0.2204+0.075%$140K$7K3xas long as short
Phemex ARBUSDT+0.0091%8h0.2203+0.036%$4.9M$12.9M50xas long as short
Lighter ARB+0.0096%1h0.2204+0.081%$1.2M$5.7M15xas long as short
Hyperliquid ARB+0.0100%1h0.2206+0.158%$38.2M$48.8M10xas long as short
Aster ARBUSDT+0.0100%8h0.2202−0.009%$635K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2201−0.038%$43K$169K10xas long as short
KuCoin ARBUSDTMshort+0.0100%8h0.2206+0.167%$19.5M$15.1M75x
edgeX ARBUSDC+0.0100%4h0.2193−0.406%$40K$463K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2194−0.373%$468K$3.6M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2193−0.418%$118K$282K50xas long as short
SunX ARB-USDT+0.0100%8h0.2204+0.081%$1K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2205+0.149%$299K$952K50xas long as short
Coinbase International ARB-PERP-INTX+0.0224%1h0.2203+0.036%$493K$2.0M50xas long as short
RISEx ARB/USDC+0.0225%1h0.2203+0.017%$477K$2.6M10xas long as short
GMX ARB/USD [ARB-USDC]L +0.0273% / S −0.0155%1h0.2202−0.020%$821K150xas long as short
Reya ARBRUSDPERP+0.0289%1h0.2200−0.096%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0636%1h0.2209+0.299%$998K$2.8M20xas long as short