ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0202%/8h= +22.1% APRnext payment +$2.02 per $10,000 · paid last 24h +0.016%

Price spread now: KuCoin against Gate+0.009%7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$73as in the Price arb table

costs, in and out, $10k−$710.707% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.166%+$17 on $10k

Price spread, last 7 days+0.018%+$2 · spread now +0.009%, 7d avg +0.030%

Together, before fees+0.184%+$18 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.021% cheaper against Gate than usual: you would sell low and buy high (spread +0.009% now, against its 7-day average of +0.030%). If the spread goes back, that is −$2 on $10k: about 8 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.166% in total) that is about 21 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ARB_USDT	0.2194	−0.0102	get 0.0102% / 8h	4h 51m	$5.3M	$18.6M	60x
Short	KuCoin ARBUSDTM	0.2195	0.0100	get 0.0100% / 8h	4h 51m	$19.4M	$15.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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 GatebpFee KuCoinbpOrdersPrice spread, now +0.009%Rate

Funding earned: $42.42
Price spread: +0.009% → +0.030%: −$2.09
Slippage, 4 orders: −$43.73
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$30.4
Costs to cover: 0.707%
Break-even: 12.0 days

Slippage from Gate: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 3 min ago	1.81 bp	16.3 bp −$16	35.4 bp −$354	103.9 bp −$10.4K	doesn't fit
Sell KuCoin live order book, 3 min ago	0.91 bp	19.1 bp −$19	34.5 bp −$345	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	0.2183	−0.520%	$39K	$372K	12x	as long as short
MEXC ARB_USDT	−0.0139%	8h	0.2194	−0.005%	$40.7M	$59.5M	200x	as long as short
OKX ARB-USDT-SWAP	−0.0139%	8h	0.2195	+0.009%	$22.1M	$147.6M	50x	as long as short
01 Exchange ARBUSD	−0.0128%	1h	0.2195	+0.023%	$7K	$2K	10x	as long as short
Variational Omni ARB	−0.0117%	8h	0.2192	−0.093%	$1.8M	$2.9M	—	as long as short
Polymarket Perps ARB-USD	−0.0105%	1h	0.2195	+0.014%	$70K	$2.2M	10x	as long as short
Gate ARB_USDTlong	−0.0102%	8h	0.2194	long leg	$5.3M	$18.6M	60x
Orderly PERP_ARB_USDC	−0.0078%	8h	0.2194	−0.018%	$13K	$388K	10x	as long as short
SoDEX ARB-USD	−0.0062%	1h	0.2194	−0.023%	$10K	$2.3M	5x	as long as short
Bybit ARBUSDT	−0.0044%	8h	0.2194	−0.027%	$55.6M	$125.9M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ARBUSD	−0.0006%	1h	0.2195	+0.023%	$1.1M	$4.4M	50x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2194	−0.018%	$65K	$5K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2195	+0.014%	$24K	$34K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2195	+0.014%	$32K	—	150x	as long as short
Extended ARB-USD	+0.0008%	1h	0.2193	−0.075%	$349K	$2.5M	25x	as long as short
Binance ARBUSDT	+0.0010%	8h	0.2199	+0.204%	$64.1M	$306.5M	75x	as long as short
BloFin ARB-USDT	+0.0039%	8h	0.2195	+0.009%	$3.1M	$2.6M	75x	as long as short
Bitget ARBUSDT	+0.0066%	8h	0.2193	−0.064%	$20.9M	$34.6M	50x	as long as short
BingX ARB-USDT	+0.0068%	8h	0.2195	+0.009%	—	$53.8M	—	as long as short
Aevo ARB-PERP	+0.0088%	1h	0.2195	+0.022%	$139K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2194	−0.014%	$1.2M	$5.7M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2195	+0.032%	$37.9M	$48.6M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2195	+0.036%	$634K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2195	+0.023%	$43K	$169K	10x	as long as short
KuCoin ARBUSDTMshort	+0.0100%	8h	0.2195	+0.009%	$19.4M	$15.1M	75x
edgeX ARBUSDC	+0.0100%	4h	0.2204	+0.441%	$40K	$462K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2205	+0.483%	$470K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2204	+0.437%	$119K	$282K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2196	+0.073%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2195	+0.041%	$298K	$955K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2195	+0.027%	$4.9M	$12.9M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0224%	1h	0.2197	+0.118%	$492K	$2.0M	50x	as long as short
RISEx ARB/USDC	+0.0225%	1h	0.2197	+0.100%	$478K	$2.6M	10x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2195	+0.017%	$819K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2194	−0.038%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0552%	1h	0.2198	+0.159%	$992K	$2.8M	20x	as long as short