Settings8H · net · $10k
Funding arb · Price arb /

ARC

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0228%/8h= +24.9% APRnext payment +$1.14 per $10,000 · paid last 24h +0.029%
Price spread now: BloFin against KuCoin−0.017%50s7-day average +0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,529as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1,55115.510% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.223%+$22 on $10k
Price spread, last 4 days (all we have)+0.120%+$12 · spread now −0.017%, 7d avg +0.104%
Together, before fees+0.343%+$34 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.121% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.104%). If the spread goes back, that is −$12 on $10k: about 42 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.223% in total) that is about 3.8 days. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ARCUSDTM0.078310.0100pay 0.0050% / 4h1h 06m$1.3M$1.6M20x
ShortBloFin ARC-USDT0.078300.0328get 0.0164% / 4h1h 06m$1.2M$37K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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

Funding earned
$47.81
Price spread: −0.017% → +0.104%
−$12.07
Slippage, 4 orders
−$1,527.01
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$1,515.27
Costs to cover
15.510%
Break-even
228.8 days
Slippage from KuCoin: live order book, 5 min ago; BloFin: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 5 min ago22.76 bp543.9 bp −$544doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 1 min ago1.91 bp41.2 bp −$4190.0 bp −$900doesn't fitdoesn't fit

ARC on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ARC+0.0096%1h0.07820−0.149%$38K$6K3xas long as short
Gate ARC_USDT+0.0100%4h0.07820−0.144%$3.0M$213K20xas long as short
KuCoin ARCUSDTMlong+0.0100%4h0.07831long leg$1.3M$1.6M20x
SunX ARC-USDT+0.0100%4h0.07818−0.170%$2K$1.4M20xas long as short
Bybit ARCUSDT+0.0102%4h0.07823−0.106%$2.8M$4.4M13xas long as short
Aster ARCUSDT+0.0323%4h0.07826−0.062%$19K$14K5xas long as short
BloFin ARC-USDTshort+0.0328%4h0.07830−0.017%$1.2M$37K20x
Extended ARC-USD+0.0368%1h0.07827−0.049%$29K$197K5xas long as short
Binance ARCUSDT+0.0370%4h0.07832+0.009%$24.3M$6.3M20xas long as short
Bitget ARCUSDT+0.0546%4h0.07826−0.068%$1.7M$481K10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ARC-USDT+0.0546%4h0.07829−0.029%$1.7Mas long as short
Kraken Futures PF_ARCUSD+0.0605%1h0.07797−0.435%$53K$82K20xas long as short