ARC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.2789%/8h= −305.4% APRnext payment −$13.94 per $10,000 · paid last 24h +0.007%

Price spread now: KuCoin against Bybit+0.214%7-day average +0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,757as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,733as in the Price arb table

costs, in and out, $10k−$1,74817.484% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.084%−$8 on $10k

Price spread, last 7 days−0.285%−$29 · spread now +0.214%, 7d avg +0.065%

Together, before fees−0.369%−$37 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.149% dearer against Bybit than usual: you sell high and buy low (spread +0.214% now, against its 7-day average of +0.065%): +$15 on $10k if it goes back. Holding the pair costs −$84 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.084% in total) that is about 12 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.084% in total (about -4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$13.94 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	Bybit ARCUSDT	0.07895	0.2889	pay 0.1444% / 4h	3h 12m	$2.8M	$4.6M	13x
Short	KuCoin ARCUSDTM	0.07912	0.0100	get 0.0050% / 4h	3h 12m	$1.3M	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BybitbpFee KuCoinbpOrdersPrice spread, now +0.214%Rate

Funding earned: −$585.64
Price spread: +0.214% → +0.065%: $14.94
Slippage, 4 orders: −$1,725.35
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$2,319.05
Costs to cover: 17.484%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 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 Bybit live order book, 5 min ago	4.43 bp	103.1 bp −$103	240.0 bp −$2,400	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	30.16 bp	927.2 bp −$927	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	0.07900	+0.060%	$38K	$7K	3x	as long as short
Aster ARCUSDT	+0.0100%	4h	0.07880	−0.195%	$19K	$14K	5x	as long as short
Gate ARC_USDT	+0.0100%	4h	0.07891	−0.051%	$3.1M	$274K	20x	as long as short
KuCoin ARCUSDTMshort	+0.0100%	4h	0.07912	+0.214%	$1.3M	$1.8M	20x
SunX ARC-USDT	+0.0100%	4h	0.07880	−0.190%	$1K	$1.5M	20x	as long as short
BloFin ARC-USDT	+0.0462%	4h	0.07912	+0.215%	$1.2M	$51K	20x	as long as short
Extended ARC-USD	+0.0472%	1h	0.07900	+0.067%	$30K	$193K	5x	as long as short
Binance ARCUSDT	+0.0473%	4h	0.07905	+0.124%	$24.5M	$7.2M	20x	as long as short
Kraken Futures PF_ARCUSD	+0.0714%	1h	0.07863	−0.402%	$52K	$88K	20x	as long as short
Bitget ARCUSDT	+0.0758%	4h	0.07900	+0.063%	$1.7M	$557K	10x	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	+0.2328%	4h	0.07901	+0.076%	—	$1.7M	—	as long as short
Bybit ARCUSDTlong	+0.2889%	4h	0.07895	long leg	$2.8M	$4.6M	13x