Funding you earn now, next payment 00:00 UTC+0.0223%/8h= +24.4% APRnext payment +$1.11 per $10,000 · paid last 24h +0.080%
Price spread now: Binance against KuCoin+0.007%7-day average +0.128% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,324as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,357as in the Price arb table
costs, in and out, $10k−$1,34513.445% of the position
Funding, last 7 days+0.207%+$21 on $10k
+Price spread, last 7 days+0.112%+$11 · spread now +0.007%, 7d avg +0.128%
=Funding pays, the price is against you. Binance is 0.120% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.007% now, against its 7-day average of +0.128%). If the spread goes back, that is −$12 on $10k: about 43 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.207% in total) that is about 4.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ARCUSDTM | 0.07741 | 0.0286 | pay 0.0143% / 4h | 1h 21m | $1.2M | $1.8M | 20x |
| Short | Binance ARCUSDT | 0.07741 | 0.0509 | get 0.0254% / 4h | 1h 21m | $24.0M | $7.3M | 20x |
KuCoin ARCUSDTM
Binance ARCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- $46.76
- Price spread: +0.007% → +0.128%
- −$12.05
- Slippage, 4 orders
- −$1,322.52
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,309.81
- Costs to cover
- 13.445%
- Break-even
- 203.1 days
Slippage from KuCoin: live order book, 4 min ago; Binance: live order book, 4 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 KuCoin live order book, 4 min ago | 11.76 bp | 590.1 bp −$590 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.95 bp | 57.7 bp −$58 | 163.1 bp −$1,631 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARCUSD | −0.0085% | 1h | 0.07711 | −0.380% | $50K | $83K | 20x | as long as short |
| Lighter ARC | +0.0096% | 1h | 0.07719 | −0.273% | $42K | $2K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07746 | +0.070% | $3.0M | $330K | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07724 | −0.214% | $2K | $1.5M | 20x | as long as short |
| KuCoin ARCUSDTMlong | +0.0286% | 4h | 0.07741 | long leg | $1.2M | $1.8M | 20x | |
| Binance ARCUSDTshort | +0.0509% | 4h | 0.07741 | +0.007% | $24.0M | $7.3M | 20x | |
| Extended ARC-USD | +0.0512% | 1h | 0.07737 | −0.051% | $30K | $118K | 5x | as long as short |
| BloFin ARC-USDT | +0.0555% | 4h | 0.07718 | −0.292% | $1.2M | $58K | 20x | as long as short |
| Bitget ARCUSDT | +0.0602% | 4h | 0.07745 | +0.057% | $1.7M | $548K | 10x | as long as short |
| BingX ARC-USDT | +0.0908% | 4h | 0.07736 | −0.059% | — | $1.7M | — | as long as short |
Kraken Futures PF_ARCUSD
Lighter ARC
Gate ARC_USDT
SunX ARC-USDT
Extended ARC-USD
BloFin ARC-USDT
Bitget ARCUSDT
BingX ARC-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ARCUSDT | +0.0983% | 4h | 0.07731 | −0.125% | $19K | $16K | 5x | as long as short |
| Bybit ARCUSDT | +0.0985% | 4h | 0.07732 | −0.111% | $2.6M | $4.5M | 13x | as long as short |
Aster ARCUSDT
Bybit ARCUSDT