Funding you earn now, next payment 12:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.25 per $10,000 · paid last 24h −0.073%
Price spread now: KuCoin against BloFin−0.157%95s7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,602as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1,58315.827% of the position
Funding, last 7 days−0.190%−$19 on $10k
+Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.157%, 7d avg −0.090%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.066% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.090%). Swap the legs. The two prices were read 95 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 | 0.08100 | 0.0150 | pay 0.0075% / 4h | 51m 39s | $1.3M | $38K | 20x |
| Short | KuCoin ARCUSDTM | 0.08087 | 0.0100 | get 0.0050% / 4h | 51m 39s | $1.3M | $1.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- −$10.6
- Price spread: −0.157% → −0.090%
- −$6.64
- Slippage, 4 orders
- −$1,558.69
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,599.93
- Costs to cover
- 15.827%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; KuCoin: live order book, 2 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 BloFin live order book, 4 min ago | 0.62 bp | 21.6 bp −$22 | 84.6 bp −$846 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 28.24 bp | 648.7 bp −$649 | doesn't fit | doesn't fit | doesn't fit |
ARC on 12 exchanges
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 | 0.08090 | −0.128% | $39K | $6K | 3x | as long as short |
| Aster ARCUSDT | +0.0100% | 4h | 0.08083 | −0.205% | $19K | $14K | 5x | as long as short |
| Binance ARCUSDT | +0.0100% | 4h | 0.08097 | −0.038% | $25.2M | $5.1M | 20x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.08069 | −0.383% | $3.1M | $171K | 20x | as long as short |
| KuCoin ARCUSDTMshort | +0.0100% | 4h | 0.08087 | −0.157% | $1.3M | $1.6M | 20x | |
| Bitget ARCUSDT | +0.0100% | 4h | 0.08078 | −0.272% | $1.7M | $407K | 10x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.08081 | −0.235% | $2K | $1.1M | 20x | as long as short |
| Extended ARC-USD | +0.0104% | 1h | 0.08097 | −0.034% | $33K | $286K | 5x | as long as short |
| BloFin ARC-USDTlong | +0.0150% | 4h | 0.08100 | long leg | $1.3M | $38K | 20x | |
| Bybit ARCUSDT | +0.0156% | 4h | 0.08092 | −0.099% | $3.0M | $3.6M | 13x | as long as short |
Show all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARC-USDT | +0.0172% | 4h | 0.08096 | −0.049% | — | $1.7M | — | as long as short |
| Kraken Futures PF_ARCUSD | +0.1351% | 1h | 0.08074 | −0.323% | $55K | $47K | 20x | as long as short |
BloFin ARC-USDT
KuCoin ARCUSDTM
Lighter ARC
Aster ARCUSDT
Binance ARCUSDT
Gate ARC_USDT
Bitget ARCUSDT
SunX ARC-USDT
Extended ARC-USD
Bybit ARCUSDT
BingX ARC-USDT
Kraken Futures PF_ARCUSD