Funding you earn now, next payment 00:00 UTC+0.1716%/8h= +187.9% APRnext payment +$8.58 per $10,000 · paid last 24h +0.567%
Price spread now: Bybit against KuCoin−0.769%7-day average −0.110% · you buy dearer than you sell
Net, funding: paid 7d − costs−$316as in the Funding arb table
Net, price: spread back to 7d avg − costs−$435as in the Price arb table
costs, in and out, $10k−$3693.690% of the position
Funding, last 7 days+0.531%+$53 on $10k
+Price spread, last 4 days (all we have)+0.805%+$81 · spread now −0.769%, 7d avg −0.110%
=Funding pays, the price is against you. Bybit is 0.659% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.769% now, against its 7-day average of −0.110%). If the spread goes back, that is −$66 on $10k: about 31 hours of funding at the current rate (+$51 a day). At the pace of the last 7 days (+0.531% in total) that is about 8.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.531% in total (about 27.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.58 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 ARKUSDTM | 0.1535 | −0.0204 | get 0.0102% / 4h | 3m 05s | $777K | $37K | 30x |
| Short | Bybit ARKUSDT | 0.1523 | 0.1512 | get 0.0756% / 4h | 3m 05s | $1.3M | $1.0M | 25x |
KuCoin ARKUSDTM
Bybit ARKUSDTFunding 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
- $360.32
- Price spread: −0.769% → −0.110%
- −$65.91
- Slippage, 4 orders
- −$345.99
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$74.59
- Costs to cover
- 3.690%
- Break-even
- 8.4 days
Slippage from KuCoin: live order book, 61 min ago; Bybit: live order book, 3 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, 61 min ago | 6.48 bp | 223.6 bp −$224 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.59 bp | 31.4 bp −$31 | 247.8 bp −$2,478 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ARK_USDT | −0.0545% | 8h | 0.1537 | +0.130% | $193K | $127K | 25x | as long as short |
| KuCoin ARKUSDTMlong | −0.0204% | 4h | 0.1535 | long leg | $777K | $37K | 30x | |
| Binance ARKUSDT | +0.0100% | 4h | 0.1538 | +0.227% | $3.4M | $3.8M | 40x | as long as short |
| MEXC ARK_USDT | +0.0100% | 4h | 0.1538 | +0.195% | $495K | $165K | 20x | as long as short |
| Bitget ARKUSDT | +0.0100% | 4h | 0.1538 | +0.195% | $398K | $289K | 25x | as long as short |
| BingX ARK-USDT | +0.1442% | 4h | 0.1535 | 0.000% | — | $2.3M | — | as long as short |
| Bybit ARKUSDTshort | +0.1512% | 4h | 0.1523 | −0.769% | $1.3M | $1.0M | 25x | |
| Variational Omni ARK | +0.1775% | 4h | 0.1526 | −0.561% | $19K | $16K | — | as long as short |
Gate ARK_USDT
Binance ARKUSDT
MEXC ARK_USDT
Bitget ARKUSDT
BingX ARK-USDT
Variational Omni ARK