ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.96 per $10,000 · paid last 24h −0.020%

Price spread now: Binance against KuCoin+0.018%7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$70as in the Funding arb table

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

costs, in and out, $10k−$550.555% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.143%−$14 on $10k

Price spread, last 7 days−0.038%−$4 · spread now +0.018%, 7d avg −0.015%

Together, before fees−0.181%−$18 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.033% dearer against KuCoin than usual: you sell high and buy low (spread +0.018% now, against its 7-day average of −0.015%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 28 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ARBUSDTM	0.2211	0.0100	pay 0.0100% / 8h	5h 39m	$19.5M	$15.5M	75x
Short	Binance ARBUSDT	0.2211	0.0004	get 0.0004% / 8h	5h 39m	$64.4M	$308.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.018%Rate

Funding earned: −$20.08
Price spread: +0.018% → −0.015%: $3.35
Slippage, 4 orders: −$33.47
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$72.21
Costs to cover: 0.555%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; Binance: live order book, 4 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 KuCoin live order book, 5 min ago	1.58 bp	19.8 bp −$20	42.7 bp −$427	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	0.22 bp	7.7 bp −$8	25.0 bp −$250	87.5 bp −$8,750	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	−0.1577%	1h	0.2203	−0.362%	$40K	$372K	12x	as long as short
SoDEX ARB-USD	−0.0175%	1h	0.2211	−0.014%	$10K	$2.4M	5x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0157%	1h	0.2211	−0.018%	$24K	$34K	25x	as long as short
Variational Omni ARB	−0.0150%	8h	0.2215	+0.173%	$1.9M	$2.9M	—	as long as short
01 Exchange ARBUSD	−0.0136%	1h	0.2211	0.000%	$7K	$2K	10x	as long as short
MEXC ARB_USDT	−0.0135%	8h	0.2210	−0.032%	$38.1M	$59.1M	200x	as long as short
OKX ARB-USDT-SWAP	−0.0134%	8h	0.2211	−0.005%	$22.2M	$151.3M	50x	as long as short
Kraken Futures PF_ARBUSD	−0.0098%	1h	0.2212	+0.031%	$1.1M	$4.6M	50x	as long as short
Polymarket Perps ARB-USD	−0.0097%	1h	0.2211	+0.018%	$96K	$2.1M	10x	as long as short
Gate ARB_USDT	−0.0088%	8h	0.2212	+0.036%	$5.4M	$19.0M	60x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ARBUSDT	−0.0087%	8h	0.2211	+0.009%	$56.2M	$126.4M	50x	as long as short
Orderly PERP_ARB_USDC	−0.0072%	8h	0.2210	−0.045%	$12K	$383K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2214	+0.117%	$65K	$5K	10x	as long as short
Binance ARBUSDTshort	+0.0004%	8h	0.2211	+0.018%	$64.4M	$308.6M	75x
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0013%	1h	0.2212	+0.045%	$11K	—	150x	as long as short
Extended ARB-USD	+0.0008%	1h	0.2209	−0.088%	$352K	$2.5M	25x	as long as short
BloFin ARB-USDT	+0.0018%	8h	0.2211	−0.018%	$3.1M	$2.7M	75x	as long as short
ApeX Omni ARBUSDT	+0.0022%	1h	0.2223	+0.543%	$120K	$283K	50x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2211	+0.008%	$140K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2211	−0.009%	$1.2M	$6.4M	15x	as long as short
Bitget ARBUSDT	+0.0097%	8h	0.2210	−0.045%	$21.1M	$35.0M	50x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2213	+0.090%	$38.4M	$49.7M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2213	+0.077%	$648K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2212	+0.046%	$42K	$178K	10x	as long as short
KuCoin ARBUSDTMlong	+0.0100%	8h	0.2211	long leg	$19.5M	$15.5M	75x
BingX ARB-USDT	+0.0100%	8h	0.2212	+0.036%	—	$54.0M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2215	+0.180%	$40K	$461K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2221	+0.470%	$477K	$3.6M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2215	+0.181%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2212	+0.045%	$297K	$946K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2211	0.000%	$4.9M	$12.9M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0224%	1h	0.2224	+0.592%	$508K	$2.1M	50x	as long as short
RISEx ARB/USDC	+0.0232%	1h	0.2213	+0.081%	$487K	$2.7M	10x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2212	+0.044%	$826K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2211	−0.012%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0534%	1h	0.2215	+0.158%	$997K	$2.8M	20x	as long as short