Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.080%
Price spread now: KuCoin against Binance−0.336%7-day average −0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,423as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,424as in the Price arb table
costs, in and out, $10k−$1,40314.027% of the position
Funding, last 7 days−0.207%−$21 on $10k
+Price spread, last 7 days+0.216%+$22 · spread now −0.336%, 7d avg −0.128%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.208% cheaper against Binance than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.128%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARCUSDT | 0.07921 | 0.0342 | pay 0.0171% / 4h | 53m 19s | $24.5M | $7.3M | 20x |
| Short | KuCoin ARCUSDTM | 0.07895 | 0.0102 | get 0.0051% / 4h | 53m 19s | $1.3M | $1.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- −$50.36
- Price spread: −0.336% → −0.128%
- −$20.84
- Slippage, 4 orders
- −$1,380.71
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,473.9
- Costs to cover
- 14.027%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; KuCoin: 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 Binance live order book, 3 min ago | 5.05 bp | 41.1 bp −$41 | 179.5 bp −$1,795 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 34.37 bp | 607.0 bp −$607 | doesn't fit | doesn't fit | doesn't fit |
ARC on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARC | +0.0096% | 1h | 0.07909 | −0.157% | $43K | $2K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07903 | −0.230% | $3.1M | $323K | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07904 | −0.218% | $1K | $1.5M | 20x | as long as short |
| KuCoin ARCUSDTMshort | +0.0102% | 4h | 0.07895 | −0.336% | $1.3M | $1.8M | 20x | |
| Binance ARCUSDTlong | +0.0342% | 4h | 0.07921 | long leg | $24.5M | $7.3M | 20x | |
| Extended ARC-USD | +0.0344% | 1h | 0.07919 | −0.023% | $30K | $118K | 5x | as long as short |
| BloFin ARC-USDT | +0.0363% | 4h | 0.07894 | −0.344% | $1.2M | $59K | 20x | as long as short |
| Bitget ARCUSDT | +0.0554% | 4h | 0.07906 | −0.192% | $1.7M | $552K | 10x | as long as short |
| Aster ARCUSDT | +0.0808% | 4h | 0.07906 | −0.187% | $20K | $16K | 5x | as long as short |
| BingX ARC-USDT | +0.0992% | 4h | 0.07917 | −0.053% | — | $1.7M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARCUSD | +0.1046% | 1h | 0.07904 | −0.218% | $51K | $83K | 20x | as long as short |
| Bybit ARCUSDT | +0.1172% | 4h | 0.07915 | −0.079% | $2.8M | $4.6M | 13x | as long as short |
Binance ARCUSDT
KuCoin ARCUSDTM
Lighter ARC
Gate ARC_USDT
SunX ARC-USDT
Extended ARC-USD
BloFin ARC-USDT
Bitget ARCUSDT
Aster ARCUSDT
BingX ARC-USDT
Kraken Futures PF_ARCUSD
Bybit ARCUSDT