Funding you earn now, next payment 08:00 UTC−0.0092%/8h= −10.1% APRnext payment −$0.92 per $10,000 · paid last 24h −0.016%
Price spread now: Gate against KuCoin−0.009%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$660.662% of the position
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%
=The price spread pays, funding is against you. Gate is 0.021% dearer against KuCoin than usual: you sell high and buy low (spread −0.009% now, against its 7-day average of −0.030%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 18 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ARBUSDTM | 0.2182 | 0.0100 | pay 0.0100% / 8h | 3h 10m | $19.5M | $14.5M | 75x |
| Short | Gate ARB_USDT | 0.2181 | 0.0008 | get 0.0008% / 8h | 3h 10m | $5.3M | $18.2M | 60x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: −0.009% → −0.030%
- $2.08
- Slippage, 4 orders
- −$39.16
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$83.4
- Costs to cover
- 0.662%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Gate: 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, 3 min ago | 1.14 bp | 14.7 bp −$15 | 36.4 bp −$364 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 1.83 bp | 16.2 bp −$16 | 28.8 bp −$288 | 94.8 bp −$9,480 | 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 | −0.1589% | 1h | 0.2181 | −0.023% | $39K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0174% | 1h | 0.2183 | +0.060% | $69K | $2.1M | 10x | as long as short |
| OKX ARB-USDT-SWAP | −0.0100% | 8h | 0.2181 | −0.041% | $21.9M | $141.2M | 50x | as long as short |
| MEXC ARB_USDT | −0.0100% | 8h | 0.2181 | −0.037% | $41.4M | $60.8M | 200x | as long as short |
| Variational Omni ARB | −0.0091% | 8h | 0.2182 | +0.007% | $1.8M | $3.0M | — | as long as short |
| Orderly PERP_ARB_USDC | −0.0062% | 8h | 0.2183 | +0.069% | $12K | $407K | 10x | as long as short |
| Bybit ARBUSDT | −0.0052% | 8h | 0.2181 | −0.037% | $55.0M | $123.2M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0050% | 1h | 0.2183 | +0.092% | $1.1M | $4.4M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0024% | 1h | 0.2181 | −0.014% | $7K | $1K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2182 | +0.004% | $65K | $5K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2183 | +0.064% | $24K | $31K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2184 | +0.115% | $44K | — | 150x | as long as short |
| Gate ARB_USDTshort | +0.0008% | 8h | 0.2181 | −0.009% | $5.3M | $18.2M | 60x | |
| Bitget ARBUSDT | +0.0051% | 8h | 0.2180 | −0.069% | $20.7M | $33.8M | 50x | as long as short |
| BingX ARB-USDT | +0.0053% | 8h | 0.2180 | −0.050% | — | $53.6M | — | as long as short |
| Extended ARB-USD | +0.0056% | 1h | 0.2180 | −0.076% | $348K | $2.3M | 25x | as long as short |
| Binance ARBUSDT | +0.0060% | 8h | 0.2181 | −0.037% | $63.7M | $298.6M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2180 | −0.078% | $1.2M | $5.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2184 | +0.112% | $139K | $7K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2180 | −0.046% | $37.2M | $48.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2181 | −0.024% | $628K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2180 | −0.046% | $42K | $158K | 10x | as long as short |
| KuCoin ARBUSDTMlong | +0.0100% | 8h | 0.2182 | long leg | $19.5M | $14.5M | 75x | |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2189 | +0.364% | $38K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2190 | +0.400% | $468K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2188 | +0.298% | $118K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2187 | +0.252% | $2K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2183 | +0.050% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2184 | +0.115% | $296K | $885K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2182 | +0.023% | $4.9M | $12.8M | 50x | as long as short |
| RISEx ARB/USDC | +0.0118% | 1h | 0.2181 | −0.007% | $444K | $2.6M | 10x | as long as short |
| BloFin ARB-USDT | +0.0179% | 8h | 0.2182 | +0.037% | $3.1M | $2.5M | 75x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0256% | 1h | 0.2190 | +0.371% | $494K | $1.6M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2184 | +0.114% | $824K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2183 | +0.082% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0571% | 1h | 0.2185 | +0.147% | $980K | $2.8M | 20x | as long as short |
KuCoin ARBUSDTM
Gate ARB_USDT
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
01 Exchange ARBUSD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
BingX ARB-USDT
Extended ARB-USD
Binance ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
SoDEX ARB-USD
HTX ARB-USDT
Phemex ARBUSDT
RISEx ARB/USDC
BloFin ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Backpack ARB_USDC_PERP