ARB

Alert: funding

Alert: spread

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: Bitget against KuCoin+0.027%7-day average −0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$580.576% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

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%

Together, before fees−0.172%−$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.071% dearer against KuCoin than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of −0.044%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ARBUSDTM	0.2203	0.0100	pay 0.0100% / 8h	4h 01m	$19.6M	$14.8M	75x
Short	Bitget ARBUSDT	0.2204	0.0062	get 0.0062% / 8h	4h 01m	$20.9M	$34.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.027%Rate

Funding earned: −$7.98
Price spread: +0.027% → −0.044%: $7.12
Slippage, 4 orders: −$33.64
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$58.51
Costs to cover: 0.576%
Break-even: never at this rate

Slippage from KuCoin: live order book, 8 min ago; Bitget: 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 KuCoin live order book, 8 min ago	1.14 bp	20.7 bp −$21	50.5 bp −$505	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	2.27 bp	11.1 bp −$11	19.7 bp −$197	86.0 bp −$8,601	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	−0.654%	$39K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0168%	1h	0.2203	−0.032%	$7K	$2K	10x	as long as short
Polymarket Perps ARB-USD	−0.0151%	1h	0.2202	−0.073%	$86K	$2.1M	10x	as long as short
OKX ARB-USDT-SWAP	−0.0114%	8h	0.2204	+0.027%	$22.2M	$145.1M	50x	as long as short
MEXC ARB_USDT	−0.0113%	8h	0.2205	+0.073%	$41.6M	$60.9M	200x	as long as short
Variational Omni ARB	−0.0095%	8h	0.2201	−0.122%	$1.8M	$2.9M	—	as long as short
Orderly PERP_ARB_USDC	−0.0074%	8h	0.2202	−0.064%	$13K	$401K	10x	as long as short
Gate ARB_USDT	−0.0040%	8h	0.2205	+0.059%	$5.3M	$18.9M	60x	as long as short
Bybit ARBUSDT	−0.0036%	8h	0.2203	+0.005%	$55.5M	$124.7M	50x	as long as short
Kraken Futures PF_ARBUSD	−0.0006%	1h	0.2202	−0.050%	$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	0.2202	−0.069%	$65K	$5K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2202	−0.064%	$24K	$34K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2202	−0.084%	$32K	—	150x	as long as short
Extended ARB-USD	+0.0016%	1h	0.2203	−0.003%	$350K	$2.5M	25x	as long as short
Binance ARBUSDT	+0.0018%	8h	0.2205	+0.062%	$64.1M	$301.5M	75x	as long as short
SoDEX ARB-USD	+0.0031%	1h	0.2201	−0.095%	$10K	$2.2M	5x	as long as short
Bitget ARBUSDTshort	+0.0062%	8h	0.2204	+0.027%	$20.9M	$34.2M	50x
BingX ARB-USDC	+0.0063%	8h	0.2200	−0.150%	—	$6.5M	—	as long as short
BloFin ARB-USDT	+0.0071%	8h	0.2202	−0.054%	$3.1M	$2.6M	75x	as long as short
Aevo ARB-PERP	+0.0088%	1h	0.2202	−0.051%	$140K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2202	−0.059%	$1.2M	$5.8M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2204	+0.045%	$37.8M	$48.4M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2203	−0.027%	$634K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2202	−0.073%	$42K	$168K	10x	as long as short
KuCoin ARBUSDTMlong	+0.0100%	8h	0.2203	long leg	$19.6M	$14.8M	75x
edgeX ARBUSDC	+0.0100%	4h	0.2200	−0.141%	$38K	$464K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2202	−0.063%	$468K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2202	−0.064%	$119K	$283K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2201	−0.109%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2202	−0.064%	$299K	$909K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2202	−0.064%	$5.0M	$13.0M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0224%	1h	0.2206	+0.123%	$491K	$1.8M	50x	as long as short
RISEx ARB/USDC	+0.0225%	1h	0.2203	−0.009%	$476K	$2.6M	10x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2201	−0.088%	$831K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2201	−0.130%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0611%	1h	0.2206	+0.127%	$994K	$2.8M	20x	as long as short