Funding you earn now, next payment 08:00 UTC−0.0972%/8h= −106.4% APRnext payment −$4.86 per $10,000 · paid last 24h +0.022%
Price spread now: KuCoin against Bitget+0.653%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,728as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,664as in the Price arb table
costs, in and out, $10k−$1,73117.307% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 7 days−0.454%−$45 · spread now +0.653%, 7d avg −0.014%
=The price spread pays, funding is against you. KuCoin is 0.668% dearer against Bitget than usual: you sell high and buy low (spread +0.653% now, against its 7-day average of −0.014%): +$67 on $10k if it goes back. Holding the pair costs −$29 a day in funding at the current rate, which eats that in about 2.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.032% in total (about 1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.86 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 | Bitget ARCUSDT | 0.07777 | 0.1072 | pay 0.0536% / 4h | 2h 39m | $1.7M | $509K | 10x |
| Short | KuCoin ARCUSDTM | 0.07828 | 0.0100 | get 0.0050% / 4h | 2h 39m | $1.3M | $1.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- −$204.12
- Price spread: +0.653% → −0.014%
- $66.76
- Slippage, 4 orders
- −$1,706.74
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,868.1
- Costs to cover
- 17.307%
- Break-even
- never at this rate
Slippage from Bitget: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 2 min ago | 7.03 bp | 41.1 bp −$41 | 322.4 bp −$3,224 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 37.58 bp | 942.4 bp −$942 | 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 | 0.07773 | −0.049% | $38K | $6K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07792 | +0.193% | $3.0M | $208K | 20x | as long as short |
| KuCoin ARCUSDTMshort | +0.0100% | 4h | 0.07828 | +0.653% | $1.3M | $1.7M | 20x | |
| SunX ARC-USDT | +0.0100% | 4h | 0.07776 | −0.013% | $1K | $1.4M | 20x | as long as short |
| Kraken Futures PF_ARCUSD | +0.0500% | 1h | 0.07769 | −0.106% | $53K | $84K | 20x | as long as short |
| Aster ARCUSDT | +0.0799% | 4h | 0.07783 | +0.079% | $18K | $14K | 5x | as long as short |
| Binance ARCUSDT | +0.0827% | 4h | 0.07784 | +0.090% | $24.1M | $6.5M | 20x | as long as short |
| Extended ARC-USD | +0.0840% | 1h | 0.07781 | +0.052% | $34K | $200K | 5x | as long as short |
| BloFin ARC-USDT | +0.0852% | 4h | 0.07822 | +0.579% | $1.2M | $38K | 20x | as long as short |
| Bitget ARCUSDTlong | +0.1072% | 4h | 0.07777 | long leg | $1.7M | $509K | 10x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARCUSDT | +0.1087% | 4h | 0.07781 | +0.051% | $2.8M | $4.6M | 13x | as long as short |
| BingX ARC-USDT | +0.1208% | 4h | 0.07772 | −0.064% | — | $1.7M | — | as long as short |
Bitget ARCUSDT
KuCoin ARCUSDTM
Lighter ARC
Gate ARC_USDT
SunX ARC-USDT
Kraken Futures PF_ARCUSD
Aster ARCUSDT
Binance ARCUSDT
Extended ARC-USD
BloFin ARC-USDT
Bybit ARCUSDT
BingX ARC-USDT