Funding arb · Price arb /

ARC

all ARC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0966%/8h= +105.8% APRpaid last 24h −0.167%

Price spread now: Kraken Futures against BloFin−0.541%57s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.951%+$95 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Kraken Futures is 0.541% cheaper against BloFin than usual: you would sell low and buy high (spread −0.541% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$54 on $10k: about 45 hours of funding at the current rate (+$29 a day). At the pace of the last 7 days (+0.951% in total) that is about 4.0 days. The two prices were read 57 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	BloFin ARC-USDT	0.07846	0.0517	pay 0.0259% / 4h	46m 05s	$1.2M	$41K	20x
Short	Kraken Futures PF_ARCUSD	0.07804	0.1483	get 0.0185% / 1h	46m 05s	$53K	$85K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against BloFin. 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 BloFinbpFee Kraken FuturesbpOrdersPrice spread, now −0.541%Rate

Funding earned: $202.87
Price spread: −0.541% → 0.000%: −$54.06
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $126.82
Costs to cover: 0.220%
Break-even: 2.6 days

Slippage unknown: BloFin: live order book, 1 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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 BloFin live order book, 1 min ago	2.55 bp	35.6 bp −$36	115.9 bp −$1,159	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.07837	−0.112%	$38K	$6K	3x	as long as short
Gate ARC_USDT	+0.0100%	4h	0.07819	−0.344%	$3.0M	$227K	20x	as long as short
KuCoin ARCUSDTM	+0.0100%	4h	0.07838	−0.101%	$1.3M	$1.8M	20x	as long as short
SunX ARC-USDT	+0.0100%	4h	0.07825	−0.268%	$2K	$1.5M	20x	as long as short
Aster ARCUSDT	+0.0177%	4h	0.07821	−0.320%	$19K	$15K	5x	as long as short
BloFin ARC-USDTlong	+0.0517%	4h	0.07846	long leg	$1.2M	$41K	20x
Extended ARC-USD	+0.0520%	1h	0.07840	−0.082%	$29K	$193K	5x	as long as short
Binance ARCUSDT	+0.0521%	4h	0.07831	−0.187%	$24.3M	$6.9M	20x	as long as short
Bitget ARCUSDT	+0.0992%	4h	0.07837	−0.115%	$1.7M	$522K	10x	as long as short
Bybit ARCUSDT	+0.1269%	4h	0.07813	−0.421%	$2.8M	$4.6M	13x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ARC-USDT	+0.1270%	4h	0.07841	−0.064%	—	$1.7M	—	as long as short
Kraken Futures PF_ARCUSDshort	+0.1483%	1h	0.07804	−0.541%	$53K	$85K	20x