Funding arb · Price arb /

ARC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0833%/8h= −91.2% APRpaid last 24h −0.263%

Price spread now: Kraken Futures against KuCoin−0.145%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.973%+$97 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Kraken Futures is 0.145% cheaper against KuCoin than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.973%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ARCUSDTM	0.07796	0.0738	pay 0.0369% / 4h	2h 08m	$1.3M	$1.8M	20x
Short	Kraken Futures PF_ARCUSD	0.07785	−0.0095	pay 0.0012% / 1h	8m 55s	$49K	$80K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Position, each leg$Hold fordaysFee KuCoinbpFee Kraken FuturesbpOrdersPrice spread, now −0.145%Rate

Funding earned: −$174.89
Price spread: −0.145% → 0.000%: −$14.46
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$211.35
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 7 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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, 7 min ago	28.90 bp	746.1 bp −$746	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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_ARCUSDshort	−0.0095%	1h	0.07785	−0.145%	$49K	$80K	20x
Lighter ARC	+0.0096%	1h	0.07789	−0.091%	$42K	$2K	3x	as long as short
Gate ARC_USDT	+0.0100%	4h	0.07791	−0.067%	$3.0M	$336K	20x	as long as short
SunX ARC-USDT	+0.0100%	4h	0.07809	+0.164%	$2K	$1.5M	20x	as long as short
KuCoin ARCUSDTMlong	+0.0738%	4h	0.07796	long leg	$1.3M	$1.8M	20x
Bitget ARCUSDT	+0.0830%	4h	0.07806	+0.126%	$1.7M	$530K	10x	as long as short
Extended ARC-USD	+0.0872%	1h	0.07803	+0.091%	$30K	$118K	5x	as long as short
Binance ARCUSDT	+0.0874%	4h	0.07803	+0.083%	$24.2M	$7.2M	20x	as long as short
BloFin ARC-USDT	+0.0920%	4h	0.07792	−0.054%	$1.2M	$61K	20x	as long as short
Aster ARCUSDT	+0.1483%	4h	0.07813	+0.216%	$19K	$16K	5x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ARCUSDT	+0.2104%	4h	0.07790	−0.080%	$2.7M	$4.3M	13x	as long as short
BingX ARC-USDT	+0.2228%	4h	0.07794	−0.028%	—	$1.7M	—	as long as short