Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0087%/8h= −9.5% APRpaid last 24h −0.028%

Price spread now: gTrade (Gains Network) against KuCoin+0.065%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.065% dearer against KuCoin than usual: you sell high and buy low (spread +0.065% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ARBUSDTM	0.2225	0.0100	pay 0.0100% / 8h	5h 13m	$19.7M	$15.3M	75x
Short	gTrade (Gains Network) ARB/USD	0.2226	L +0.0005% / S −0.0013%	get 0.0002% / 1h	13m 00s	$11K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.065%Rate

Funding earned: −$18.29
Price spread: +0.065% → 0.000%: $6.47
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$33.82
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 6 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

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, 6 min ago	1.12 bp	16.4 bp −$16	37.3 bp −$373	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.2218	−0.315%	$40K	$372K	12x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0199%	1h	0.2225	0.000%	$24K	$34K	25x	as long as short
Variational Omni ARB	−0.0144%	8h	0.2231	+0.257%	$1.9M	$2.9M	—	as long as short
OKX ARB-USDT-SWAP	−0.0142%	8h	0.2224	−0.054%	$22.4M	$150.1M	50x	as long as short
MEXC ARB_USDT	−0.0140%	8h	0.2223	−0.072%	$38.3M	$59.4M	200x	as long as short
01 Exchange ARBUSD	−0.0112%	1h	0.2228	+0.121%	$7K	$2K	10x	as long as short
Gate ARB_USDT	−0.0109%	8h	0.2224	−0.031%	$5.4M	$19.2M	60x	as long as short
Polymarket Perps ARB-USD	−0.0109%	1h	0.2227	+0.099%	$89K	$2.1M	10x	as long as short
Kraken Futures PF_ARBUSD	−0.0098%	1h	0.2226	+0.048%	$1.1M	$4.4M	50x	as long as short
Bybit ARBUSDT	−0.0083%	8h	0.2224	−0.031%	$56.7M	$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
SoDEX ARB-USD	−0.0078%	1h	0.2225	+0.004%	$10K	$2.3M	5x	as long as short
Orderly PERP_ARB_USDC	−0.0074%	8h	0.2226	+0.045%	$13K	$386K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2230	+0.205%	$66K	$5K	10x	as long as short
gTrade (Gains Network) ARB/USDshort	L +0.0005% / S −0.0013%	1h	0.2226	+0.065%	$11K	—	150x
Extended ARB-USD	+0.0024%	1h	0.2224	−0.047%	$355K	$2.5M	25x	as long as short
Binance ARBUSDT	+0.0025%	8h	0.2225	−0.004%	$65.0M	$306.6M	75x	as long as short
Phemex ARBUSDT	+0.0038%	8h	0.2226	+0.045%	$5.0M	$12.9M	50x	as long as short
Bitget ARBUSDT	+0.0077%	8h	0.2224	−0.045%	$21.2M	$34.6M	50x	as long as short
BingX ARB-USDC	+0.0081%	8h	0.2226	+0.036%	—	$6.5M	—	as long as short
Aevo ARB-PERP	+0.0088%	1h	0.2226	+0.025%	$141K	$7K	3x	as long as short
ApeX Omni ARBUSDT	+0.0095%	1h	0.2232	+0.315%	$120K	$283K	50x	as long as short
Lighter ARB	+0.0096%	1h	0.2225	+0.022%	$1.2M	$6.4M	15x	as long as short
BloFin ARB-USDT	+0.0099%	8h	0.2226	+0.058%	$3.1M	$2.6M	75x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2226	+0.049%	$38.6M	$49.2M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2227	+0.097%	$652K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2229	+0.191%	$43K	$169K	10x	as long as short
KuCoin ARBUSDTMlong	+0.0100%	8h	0.2225	long leg	$19.7M	$15.3M	75x
edgeX ARBUSDC	+0.0100%	4h	0.2232	+0.302%	$40K	$463K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2232	+0.307%	$484K	$3.6M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2230	+0.225%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2228	+0.117%	$303K	$939K	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0224%	1h	0.2231	+0.270%	$504K	$2.0M	50x	as long as short
RISEx ARB/USDC	+0.0232%	1h	0.2229	+0.169%	$485K	$2.6M	10x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2226	+0.055%	$831K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2226	+0.027%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0571%	1h	0.2228	+0.139%	$1.0M	$2.8M	20x	as long as short