Funding arb · Price arb /

ARK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.660%

Price spread now: BingX against KuCoin+0.194%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$305as in the Funding arb table

Net, price: spread back to 7d avg − costs−$359as in the Price arb table

costs, in and out, $10k−$3783.783% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.729%+$73 on $10k

Price spread, last 4 days (all we have)−0.335%−$33 · spread now +0.194%, 7d avg −0.003%

Together, before fees+0.395%+$39 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.197% dearer against KuCoin than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ARKUSDTM	0.1546	0.0100	pay 0.0050% / 4h	1h 40m	$792K	$42K	30x
Short	BingX ARK-USDT	0.1549	0.0100	get 0.0050% / 4h	1h 40m	—	$2.4M	—

Funding 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 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 BingXbpOrdersPrice spread, now +0.194%Rate

Funding earned: $0
Price spread: +0.194% → −0.003%: $19.73
Slippage, 4 orders: −$356.3
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$358.57
Costs to cover: 3.783%
Break-even: never at this rate

Slippage from KuCoin: live order book, 59 min ago; BingX: live order book, 8 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, 59 min ago	6.51 bp	203.1 bp −$203	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	9.75 bp	34.1 bp −$34	89.1 bp −$891	441.3 bp −$44.1K	490.1 bp −$245.1K

ARK on 8 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
Binance ARKUSDT	+0.0100%	4h	0.1547	+0.087%	$3.4M	$4.1M	40x	as long as short
Gate ARK_USDT	+0.0100%	8h	0.1547	+0.065%	$196K	$134K	25x	as long as short
MEXC ARK_USDT	+0.0100%	4h	0.1547	+0.065%	$489K	$151K	20x	as long as short
KuCoin ARKUSDTMlong	+0.0100%	4h	0.1546	long leg	$792K	$42K	30x
Bitget ARKUSDT	+0.0100%	4h	0.1552	+0.388%	$395K	$266K	25x	as long as short
BingX ARK-USDTshort	+0.0100%	4h	0.1549	+0.194%	—	$2.4M	—
Bybit ARKUSDT	+0.0319%	4h	0.1541	−0.330%	$1.3M	$1.1M	25x	as long as short
Variational Omni ARK	+0.0515%	4h	0.1542	−0.262%	$19K	$16K	—	as long as short