Settings8H · net · $10k
Funding arb · Price arb /

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0230%/8h= −25.2% APRpaid last 24h −0.024%
Price spread now: KuCoin against RISEx−0.066%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$460.465% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.269%−$27 on $10k
Price spread, last 5 days (all we have)+0.216%+$22 · spread now −0.066%, 7d avg −0.019%
Together, before fees−0.053%−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.047% cheaper against RISEx than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.019%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx ARB/USDC0.22690.0330pay 0.0041% / 1h22m 21s$515K$2.7M10x
ShortKuCoin ARBUSDTM0.22680.0100get 0.0100% / 8h22m 21s$19.7M$16.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against RISEx. 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

Funding earned
−$48.38
Price spread: −0.066% → −0.019%
−$4.66
Slippage, 4 orders
−$28.48
Fee RISEx: 3 bp × 2 orders
−$6
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$99.52
Costs to cover
0.465%
Break-even
never at this rate
Slippage from RISEx: live order book, 2 min ago; KuCoin: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy RISEx live order book, 2 min ago1.55 bp4.5 bp −$529.5 bp −$295doesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago1.77 bp18.7 bp −$1933.9 bp −$339doesn't fitdoesn't fit

ARB on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1785%1h0.2249−0.890%$41K$372K12xas long as short
Polymarket Perps ARB-USD−0.0263%1h0.2266−0.119%$70K$2.0M10xas long as short
Variational Omni ARB−0.0183%8h0.2274+0.202%$2.0M$2.8Mas long as short
01 Exchange ARBUSD−0.0176%1h0.2267−0.097%$7K$2K10xas long as short
Bybit ARBUSDT−0.0160%8h0.2267−0.101%$58.5M$128.4M50xas long as short
MEXC ARB_USDT−0.0109%8h0.2265−0.185%$38.0M$59.9M200xas long as short
OKX ARB-USDT-SWAP−0.0108%8h0.2268−0.062%$22.9M$160.0M50xas long as short
SoDEX ARB-USD−0.0067%1h0.2262−0.326%$4K$2.6M5xas long as short
Orderly PERP_ARB_USDC−0.0038%8h0.2267−0.097%$13K$395K10xas long as short
dYdX ARB-USD0.0000%1h0.2266−0.163%$67K$4K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2268−0.035%$26K$32K25xas long as short
Gate ARB_USDT+0.0003%8h0.2268−0.066%$5.5M$20.3M60xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0005%1h0.2269−0.023%$55K150xas long as short
Binance ARBUSDT+0.0014%8h0.2268−0.065%$66.5M$313.8M75xas long as short
Extended ARB-USD+0.0016%1h0.2265−0.167%$359K$2.3M25xas long as short
BloFin ARB-USDT+0.0058%8h0.2262−0.326%$3.2M$2.8M75xas long as short
Bitget ARBUSDT+0.0062%8h0.2268−0.053%$21.4M$36.0M50xas long as short
BingX ARB-USDT+0.0063%8h0.2268−0.071%$53.9Mas long as short
Aevo ARB-PERP+0.0088%1h0.2269−0.004%$148K$12K3xas long as short
Lighter ARB+0.0096%1h0.2266−0.141%$1.4M$7.5M15xas long as short
Hyperliquid ARB+0.0100%1h0.2269+0.009%$40.9M$47.5M10xas long as short
Aster ARBUSDT+0.0100%8h0.2266−0.156%$706K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2265−0.169%$48K$184K10xas long as short
KuCoin ARBUSDTMshort+0.0100%8h0.2268−0.066%$19.7M$16.1M75x
edgeX ARBUSDC+0.0100%4h0.2268−0.069%$40K$461K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2274+0.212%$486K$3.6M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2267−0.097%$122K$296K50xas long as short
SunX ARB-USDT+0.0100%8h0.2265−0.185%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2261−0.357%$288K$1.1M50xas long as short
Phemex ARBUSDT+0.0100%8h0.2260−0.405%$5.2M$13.1M50xas long as short
Coinbase International ARB-PERP-INTX+0.0216%1h0.2255−0.626%$508K$2.3M50xas long as short
Kraken Futures PF_ARBUSD+0.0236%1h0.2264−0.209%$1.1M$4.9M50xas long as short
Reya ARBRUSDPERP+0.0290%1h0.2266−0.131%$2K$69520xas long as short
GMX ARB/USD [ARB-USDC]L +0.0296% / S −0.0186%1h0.2269−0.011%$927K150xas long as short
RISEx ARB/USDClong+0.0330%1h0.2269long leg$515K$2.7M10x
Backpack ARB_USDC_PERP+0.0466%1h0.2266−0.145%$1.0M$2.9M20xas long as short