Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against SunX+0.068%54s7-day average −0.072% · you sell dearer than you buy

Net, funding: paid 7d − costs−$199as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1991.986% of the position

Long on SunX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.479%−$48 · spread now +0.068%, 7d avg −0.072%

Together, before fees−0.479%−$48 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.139% dearer against SunX than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.072%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ARB-USDT	0.2211	0.0100	pay 0.0100% / 8h	6h 26m	$1K	$1.1M	30x
Short	KuCoin ARBUSDTM	0.2213	0.0100	get 0.0100% / 8h	6h 26m	$19.6M	$15.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. 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 SunXbpFee KuCoinbpOrdersPrice spread, now +0.068%Rate

Funding earned: $0
Price spread: +0.068% → −0.072%: $13.95
Slippage, 4 orders: −$178.57
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$184.62
Costs to cover: 1.986%
Break-even: never at this rate

Slippage from SunX: live order book, 7 min ago; KuCoin: live order book, 7 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 SunX live order book, 7 min ago	24.76 bp	57.5 bp −$58	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 7 min ago	1.13 bp	19.1 bp −$19	46.9 bp −$469	doesn't fit	doesn't fit

ARB on 35 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	−0.1692%	1h	0.2203	−0.362%	$40K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0248%	1h	0.2211	+0.014%	$7K	$2K	10x	as long as short
SoDEX ARB-USD	−0.0224%	1h	0.2212	+0.045%	$10K	$2.5M	5x	as long as short
Variational Omni ARB	−0.0171%	8h	0.2211	+0.013%	$1.9M	$2.9M	—	as long as short
OKX ARB-USDT-SWAP	−0.0118%	8h	0.2212	+0.036%	$22.3M	$156.5M	50x	as long as short
MEXC ARB_USDT	−0.0117%	8h	0.2212	+0.032%	$39.9M	$59.7M	200x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0112%	1h	0.2212	+0.054%	$24K	$34K	25x	as long as short
Gate ARB_USDT	−0.0080%	8h	0.2212	+0.054%	$5.4M	$19.8M	60x	as long as short
Bybit ARBUSDT	−0.0072%	8h	0.2212	+0.036%	$56.7M	$128.8M	50x	as long as short
ApeX Omni ARBUSDT	−0.0069%	1h	0.2211	0.000%	$119K	$293K	50x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ARB_USDC	−0.0060%	8h	0.2212	+0.045%	$13K	$382K	10x	as long as short
Binance ARBUSDT	−0.0003%	8h	0.2212	+0.044%	$64.5M	$318.0M	75x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2213	+0.092%	$65K	$5K	10x	as long as short
Extended ARB-USD	0.0000%	1h	0.2211	−0.002%	$353K	$2.5M	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0011%	1h	0.2213	+0.109%	$10K	—	150x	as long as short
Aevo ARB-PERP	+0.0080%	1h	0.2213	+0.098%	$140K	$7K	3x	as long as short
Lighter ARB	+0.0096%	1h	0.2212	+0.041%	$1.2M	$7.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2213	+0.090%	$38.6M	$51.9M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2212	+0.050%	$659K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2214	+0.129%	$42K	$186K	10x	as long as short
KuCoin ARBUSDTMshort	+0.0100%	8h	0.2213	+0.068%	$19.6M	$15.8M	75x
Bitget ARBUSDT	+0.0100%	8h	0.2211	0.000%	$21.2M	$36.3M	50x	as long as short
BingX ARB-USDC	+0.0100%	8h	0.2210	−0.027%	—	$6.5M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2211	−0.021%	$40K	$460K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2212	+0.057%	$471K	$3.7M	10x	as long as short
Polymarket Perps ARB-USD	+0.0100%	1h	0.2213	+0.072%	$76K	$2.1M	10x	as long as short
SunX ARB-USDTlong	+0.0100%	8h	0.2211	long leg	$1K	$1.1M	30x
HTX ARB-USDT	+0.0100%	8h	0.2212	+0.050%	$297K	$1.0M	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2212	+0.045%	$5.0M	$13.0M	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0240%	1h	0.2215	+0.181%	$507K	$2.1M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2213	+0.111%	$826K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2211	+0.010%	$2K	$695	20x	as long as short
Kraken Futures PF_ARBUSD	+0.0312%	1h	0.2213	+0.096%	$1.1M	$4.7M	50x	as long as short
RISEx ARB/USDC	+0.0466%	1h	0.2214	+0.122%	$474K	$2.7M	10x	as long as short
Backpack ARB_USDC_PERP	+0.0519%	1h	0.2216	+0.217%	$998K	$2.9M	20x	as long as short