ARC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0886%/8h= −97.0% APRnext payment −$4.43 per $10,000 · paid last 24h −0.077%

Price spread now: KuCoin against BingX−0.362%7-day average −0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,700as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,707as in the Price arb table

costs, in and out, $10k−$1,67616.759% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.243%−$24 on $10k

Price spread, last 7 days+0.326%+$33 · spread now −0.362%, 7d avg −0.050%

Together, before fees+0.082%+$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and KuCoin is 0.312% cheaper against BingX than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of −0.050%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.243% in total (about -12.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.43 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ARC-USDT	0.07906	0.0992	pay 0.0496% / 4h	56m 03s	—	$1.7M	—
Short	KuCoin ARCUSDTM	0.07877	0.0106	get 0.0053% / 4h	56m 03s	$1.3M	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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 BingXbpFee KuCoinbpOrdersPrice spread, now −0.362%Rate

Funding earned: −$186.06
Price spread: −0.362% → −0.050%: −$31.21
Slippage, 4 orders: −$1,653.86
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,893.13
Costs to cover: 16.759%
Break-even: never at this rate

Slippage from BingX: live order book, 2 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 BingX live order book, 2 min ago	7.61 bp	34.5 bp −$34	151.5 bp −$1,515	629.0 bp −$62.9K	961.8 bp −$480.9K
Sell KuCoin live order book, 10 min ago	10.53 bp	461.6 bp −$462	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	0.07883	−0.290%	$43K	$2K	3x	as long as short
Gate ARC_USDT	+0.0100%	4h	0.07884	−0.278%	$3.1M	$323K	20x	as long as short
SunX ARC-USDT	+0.0100%	4h	0.07885	−0.266%	$1K	$1.5M	20x	as long as short
KuCoin ARCUSDTMshort	+0.0106%	4h	0.07877	−0.362%	$1.3M	$1.8M	20x
Binance ARCUSDT	+0.0367%	4h	0.07916	+0.127%	$24.5M	$7.3M	20x	as long as short
Extended ARC-USD	+0.0368%	1h	0.07915	+0.108%	$30K	$118K	5x	as long as short
BloFin ARC-USDT	+0.0418%	4h	0.07847	−0.746%	$1.2M	$58K	20x	as long as short
Bitget ARCUSDT	+0.0560%	4h	0.07896	−0.126%	$1.7M	$552K	10x	as long as short
Aster ARCUSDT	+0.0837%	4h	0.07884	−0.279%	$20K	$16K	5x	as long as short
BingX ARC-USDTlong	+0.0992%	4h	0.07906	long leg	—	$1.7M	—

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ARCUSD	+0.1052%	1h	0.07865	−0.517%	$51K	$83K	20x	as long as short
Bybit ARCUSDT	+0.1146%	4h	0.07907	+0.013%	$2.7M	$4.5M	13x	as long as short