Funding you earn now, next payment 00:00 UTC+0.0766%/8h= +83.9% APRnext payment +$3.83 per $10,000 · paid last 24h −0.042%
Price spread now: Bybit against KuCoin+0.186%7-day average −0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,667as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,645as in the Price arb table
costs, in and out, $10k−$1,67016.703% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 7 days−0.198%−$20 · spread now +0.186%, 7d avg −0.064%
=Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Bybit is 0.250% dearer against KuCoin than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of −0.064%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.032% in total (about 1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.83 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 | 0.07755 | 0.0210 | pay 0.0105% / 4h | 1h 11m | $1.2M | $1.8M | 20x |
| Short | Bybit ARCUSDT | 0.07769 | 0.0976 | get 0.0488% / 4h | 1h 11m | $2.6M | $4.5M | 13x |
KuCoin ARCUSDTM
Bybit ARCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $160.94
- Price spread: +0.186% → −0.064%
- $24.96
- Slippage, 4 orders
- −$1,647.28
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,484.38
- Costs to cover
- 16.703%
- Break-even
- 71.6 days
Slippage from KuCoin: live order book, 5 min ago; Bybit: 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 KuCoin live order book, 5 min ago | 14.32 bp | 732.4 bp −$732 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.30 bp | 104.7 bp −$105 | 376.0 bp −$3,760 | 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 | −0.0084% | 1h | 0.07755 | +0.010% | $50K | $83K | 20x | as long as short |
| Lighter ARC | +0.0096% | 1h | 0.07770 | +0.201% | $42K | $2K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07766 | +0.147% | $3.0M | $331K | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07770 | +0.199% | $2K | $1.5M | 20x | as long as short |
| KuCoin ARCUSDTMlong | +0.0210% | 4h | 0.07755 | long leg | $1.2M | $1.8M | 20x | |
| BloFin ARC-USDT | +0.0454% | 4h | 0.07747 | −0.098% | $1.2M | $58K | 20x | as long as short |
| Extended ARC-USD | +0.0464% | 1h | 0.07796 | +0.528% | $30K | $118K | 5x | as long as short |
| Binance ARCUSDT | +0.0465% | 4h | 0.07796 | +0.531% | $24.2M | $7.3M | 20x | as long as short |
| Bitget ARCUSDT | +0.0632% | 4h | 0.07779 | +0.315% | $1.7M | $548K | 10x | as long as short |
| BingX ARC-USDT | +0.0828% | 4h | 0.07793 | +0.495% | — | $1.7M | — | as long as short |
Kraken Futures PF_ARCUSD
Lighter ARC
Gate ARC_USDT
SunX ARC-USDT
BloFin ARC-USDT
Extended ARC-USD
Binance ARCUSDT
Bitget ARCUSDT
BingX ARC-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ARCUSDT | +0.0936% | 4h | 0.07755 | +0.005% | $19K | $16K | 5x | as long as short |
| Bybit ARCUSDTshort | +0.0976% | 4h | 0.07769 | +0.186% | $2.6M | $4.5M | 13x |
Aster ARCUSDT