Funding you earn now, next payment 08:00 UTC+0.0194%/8h= +21.2% APRnext payment +$1.94 per $10,000 · paid last 24h +0.046%
Price spread now: KuCoin against OKX+0.151%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$540.544% of the position
Funding, last 7 days+0.218%+$22 on $10k
+Price spread, last 7 days−0.141%−$14 · spread now +0.151%, 7d avg +0.045%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and KuCoin is 0.106% dearer against OKX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ARB-USDT-SWAP | 0.2185 | −0.0094 | get 0.0094% / 8h | 2h 53m | $21.7M | $142.6M | 50x |
| Short | KuCoin ARBUSDTM | 0.2188 | 0.0100 | get 0.0100% / 8h | 2h 53m | $19.5M | $14.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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
- $40.65
- Price spread: +0.151% → +0.045%
- $10.6
- Slippage, 4 orders
- −$32.4
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$3.15
- Costs to cover
- 0.544%
- Break-even
- 7.5 days
Slippage from OKX: live order book, 6 min ago; KuCoin: live order book, 10 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 OKX live order book, 6 min ago | 0.23 bp | 10.0 bp −$10 | 23.4 bp −$234 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 2.30 bp | 17.8 bp −$18 | 39.9 bp −$399 | 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 | −0.1581% | 1h | 0.2174 | −0.513% | $39K | $372K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0208% | 1h | 0.2183 | −0.082% | $7K | $236 | 10x | as long as short |
| Polymarket Perps ARB-USD | −0.0169% | 1h | 0.2186 | +0.023% | $78K | $2.1M | 10x | as long as short |
| Variational Omni ARB | −0.0095% | 8h | 0.2182 | −0.139% | $1.8M | $3.0M | — | as long as short |
| OKX ARB-USDT-SWAPlong | −0.0094% | 8h | 0.2185 | long leg | $21.7M | $142.6M | 50x | |
| MEXC ARB_USDT | −0.0093% | 8h | 0.2188 | +0.105% | $41.2M | $60.1M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0075% | 1h | 0.2184 | −0.056% | $1.1M | $4.4M | 50x | as long as short |
| Bybit ARBUSDT | −0.0061% | 8h | 0.2183 | −0.078% | $54.4M | $123.7M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0059% | 8h | 0.2183 | −0.101% | $13K | $407K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2187 | +0.065% | $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 | −0.082% | $24K | $31K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2188 | +0.108% | $44K | — | 150x | as long as short |
| Gate ARB_USDT | +0.0023% | 8h | 0.2185 | +0.009% | $5.4M | $18.0M | 60x | as long as short |
| Bitget ARBUSDT | +0.0048% | 8h | 0.2185 | −0.009% | $20.8M | $34.1M | 50x | as long as short |
| BingX ARB-USDT | +0.0070% | 8h | 0.2187 | +0.078% | — | $53.7M | — | as long as short |
| Extended ARB-USD | +0.0072% | 1h | 0.2183 | −0.092% | $348K | $2.8M | 25x | as long as short |
| Binance ARBUSDT | +0.0073% | 8h | 0.2185 | −0.011% | $62.8M | $300.6M | 75x | as long as short |
| RISEx ARB/USDC | +0.0086% | 1h | 0.2185 | −0.018% | $443K | $2.6M | 10x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2185 | +0.005% | $1.2M | $5.5M | 15x | as long as short |
| Aevo ARB-PERP | +0.0096% | 1h | 0.2184 | −0.071% | $138K | $7K | 3x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2187 | +0.059% | $36.9M | $48.5M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2185 | −0.003% | $629K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2185 | +0.009% | $42K | $160K | 10x | as long as short |
| KuCoin ARBUSDTMshort | +0.0100% | 8h | 0.2188 | +0.151% | $19.5M | $14.5M | 75x | |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2182 | −0.162% | $39K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2185 | −0.025% | $475K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2185 | −0.009% | $118K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2185 | −0.009% | $1K | $1.1M | 30x | as long as short |
| SoDEX ARB-USD | +0.0100% | 1h | 0.2183 | −0.096% | $10K | $2.2M | 5x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2183 | −0.078% | $291K | $886K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2183 | −0.101% | $4.9M | $12.8M | 50x | as long as short |
| BloFin ARB-USDT | +0.0193% | 8h | 0.2184 | −0.073% | $3.0M | $2.5M | 75x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0277% / S −0.0160% | 1h | 0.2188 | +0.141% | $830K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2185 | −0.009% | $500K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2186 | +0.018% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0652% | 1h | 0.2186 | +0.037% | $981K | $2.8M | 20x | as long as short |
OKX ARB-USDT-SWAP
KuCoin ARBUSDTM
Injective ARB/USDC PERP
01 Exchange ARBUSD
Polymarket Perps ARB-USD
Variational Omni ARB
MEXC ARB_USDT
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Gate ARB_USDT
Bitget ARBUSDT
BingX ARB-USDT
Extended ARB-USD
Binance ARBUSDT
RISEx ARB/USDC
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
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP