Funding you earn now, next payment 04:00 UTC+0.1980%/8h= +216.8% APRnext payment +$9.90 per $10,000 · paid last 24h +0.078%
Price spread now: BingX against KuCoin−0.410%7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,545as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,619as in the Price arb table
costs, in and out, $10k−$1,57315.733% of the position
Funding, last 7 days+0.286%+$29 on $10k
+Price spread, last 7 days+0.490%+$49 · spread now −0.410%, 7d avg +0.048%
=Funding pays, the price is against you. BingX is 0.458% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.410% now, against its 7-day average of +0.048%). If the spread goes back, that is −$46 on $10k: about 18 hours of funding at the current rate (+$59 a day). At the pace of the last 7 days (+0.286% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.286% in total (about 14.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.90 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 | KuCoin ARCUSDTM | 0.07878 | 0.0100 | pay 0.0050% / 4h | 2h 28m | $1.3M | $1.8M | 20x |
| Short | BingX ARC-USDT | 0.07846 | 0.2080 | get 0.1040% / 4h | 2h 28m | — | $1.7M | — |
KuCoin ARCUSDTM
BingX ARC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $415.8
- Price spread: −0.410% → +0.048%
- −$45.76
- Slippage, 4 orders
- −$1,551.29
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$1,203.24
- Costs to cover
- 15.733%
- Break-even
- 27.3 days
Slippage from KuCoin: live order book, 3 min ago; BingX: live order book, 10 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, 3 min ago | 19.38 bp | 603.0 bp −$603 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 5.74 bp | 43.7 bp −$44 | 182.9 bp −$1,829 | 557.2 bp −$55.7K | 949.5 bp −$474.7K |
ARC on 11 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 | 0.07848 | −0.390% | $38K | $7K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07849 | −0.372% | $3.0M | $232K | 20x | as long as short |
| KuCoin ARCUSDTMlong | +0.0100% | 4h | 0.07878 | long leg | $1.3M | $1.8M | 20x | |
| SunX ARC-USDT | +0.0100% | 4h | 0.07843 | −0.448% | $2K | $1.5M | 20x | as long as short |
| Aster ARCUSDT | +0.0242% | 4h | 0.07857 | −0.268% | $19K | $14K | 5x | as long as short |
| Extended ARC-USD | +0.0592% | 1h | 0.07855 | −0.300% | $31K | $190K | 5x | as long as short |
| Binance ARCUSDT | +0.0595% | 4h | 0.07846 | −0.410% | $24.3M | $7.0M | 20x | as long as short |
| Bitget ARCUSDT | +0.0880% | 4h | 0.07857 | −0.270% | $1.7M | $541K | 10x | as long as short |
| Kraken Futures PF_ARCUSD | +0.0904% | 1h | 0.07828 | −0.640% | $52K | $86K | 20x | as long as short |
| Bybit ARCUSDT | +0.1971% | 4h | 0.07831 | −0.600% | $2.8M | $4.5M | 13x | as long as short |
Lighter ARC
Gate ARC_USDT
SunX ARC-USDT
Aster ARCUSDT
Extended ARC-USD
Binance ARCUSDT
Bitget ARCUSDT
Kraken Futures PF_ARCUSD
Bybit ARCUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARC-USDTshort | +0.2080% | 4h | 0.07846 | −0.410% | — | $1.7M | — |