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

ARB

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0272%/8h= +29.8% APRnext payment +$2.72 per $10,000 · paid last 24h +0.032%
Price spread now: KuCoin against Variational Omni+0.063%7-day average +0.011% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.047%+$5 on $10k
Price spread, last 7 days+0.008%+$1 · spread now +0.063%, 7d avg +0.011%
Together, before fees+0.056%+ Points / potential airdropVariational Omni: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and KuCoin is 0.052% dearer against Variational Omni than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.011%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.047% in total (about 5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.72 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ARB0.2211−0.0172get 0.0172% / 8h6h 27m$1.9M$2.9M
ShortKuCoin ARBUSDTM0.22120.0100get 0.0100% / 8h6h 27m$19.6M$15.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Variational Omni. 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
$57.1
Price spread: +0.063% → +0.011%
$5.19
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$50.28
Costs to cover
0.120%
Break-even
0.8 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; KuCoin: live order book, 7 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 2 min ago6.79 bpdoesn't fit15.8 bp −$158doesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago1.13 bp19.1 bp −$1946.9 bp −$469doesn't fitdoesn't fit

ARB on 35 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−0.1692%1h0.2203−0.358%$40K$372K12xas long as short
01 Exchange ARBUSD−0.0248%1h0.2212+0.049%$7K$2K10xas long as short
SoDEX ARB-USD−0.0224%1h0.2212+0.049%$10K$2.5M5xas long as short
Variational Omni ARBlong−0.0172%8h0.2211long leg$1.9M$2.9M
OKX ARB-USDT-SWAP−0.0117%8h0.2211+0.022%$22.3M$156.6M50xas long as short
MEXC ARB_USDT−0.0114%8h0.2213+0.072%$40.0M$59.7M200xas long as short
Deribit ARB_USDC-PERPETUAL−0.0112%1h0.2212+0.058%$24K$34K25xas long as short
Gate ARB_USDT−0.0073%8h0.2213+0.077%$5.4M$19.8M60xas long as short
Bybit ARBUSDT−0.0072%8h0.2212+0.036%$56.7M$128.9M50xas long as short
ApeX Omni ARBUSDT−0.0069%1h0.2211+0.004%$119K$293K50xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ARB_USDC−0.0060%8h0.2212+0.049%$13K$382K10xas long as short
Binance ARBUSDT−0.0002%8h0.2213+0.099%$64.6M$318.2M75xas long as short
dYdX ARB-USD0.0000%1h0.2214+0.155%$66K$5K10xas long as short
Extended ARB-USD0.0000%1h0.2211+0.012%$353K$2.5M25xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0011%1h0.2213+0.100%$10K150xas long as short
Aevo ARB-PERP+0.0080%1h0.2213+0.095%$140K$7K3xas long as short
Lighter ARB+0.0096%1h0.2212+0.036%$1.2M$7.4M15xas long as short
Hyperliquid ARB+0.0100%1h0.2213+0.095%$38.6M$51.8M10xas long as short
Aster ARBUSDT+0.0100%8h0.2212+0.054%$659K$1.7M20xas long as short
Pacifica ARB+0.0100%1h0.2215+0.176%$42K$186K10xas long as short
KuCoin ARBUSDTMshort+0.0100%8h0.2212+0.063%$19.6M$15.8M75x
Bitget ARBUSDT+0.0100%8h0.2213+0.095%$21.3M$36.3M50xas long as short
BingX ARB-USDT+0.0100%8h0.2213+0.099%$54.5Mas long as short
edgeX ARBUSDC+0.0100%4h0.2211−0.017%$40K$460K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2212+0.061%$471K$3.7M10xas long as short
Polymarket Perps ARB-USD+0.0100%1h0.2213+0.077%$76K$2.1M10xas long as short
SunX ARB-USDT+0.0100%8h0.2211+0.004%$1K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2212+0.054%$297K$1.0M50xas long as short
Phemex ARBUSDT+0.0100%8h0.2212+0.049%$5.0M$13.0M50xas long as short
Coinbase International ARB-PERP-INTX+0.0240%1h0.2215+0.185%$507K$2.1M50xas long as short
GMX ARB/USD [ARB-USDC]L +0.0273% / S −0.0155%1h0.2213+0.089%$826K150xas long as short
Reya ARBRUSDPERP+0.0290%1h0.2211+0.016%$2K$69520xas long as short
Kraken Futures PF_ARBUSD+0.0312%1h0.2213+0.101%$1.1M$4.7M50xas long as short
RISEx ARB/USDC+0.0466%1h0.2214+0.127%$473K$2.7M10xas long as short
Backpack ARB_USDC_PERP+0.0519%1h0.2216+0.221%$998K$2.9M20xas long as short