Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin+0.243%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$551as in the Funding arb table
Net, price: spread back to 7d avg − costs−$530as in the Price arb table
costs, in and out, $10k−$5565.558% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)−0.324%−$32 · spread now +0.243%, 7d avg −0.020%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.263% dearer against KuCoin than usual: you sell high and buy low, +$26 on $10k if it goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ARPAUSDTM | 0.01068 | 0.0100 | pay 0.0100% / 8h | 6h 50m | $295K | $198K | 30x |
| Short | Bybit ARPAUSDT | 0.01071 | 0.0100 | get 0.0100% / 8h | 6h 50m | $273K | $206K | 25x |
Funding 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
- $0
- Price spread: +0.243% → −0.020%
- $26.32
- Slippage, 4 orders
- −$532.83
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$529.51
- Costs to cover
- 5.558%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 60 min ago; Bybit: live order book, 64 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, 60 min ago | 9.82 bp | 177.4 bp −$177 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 64 min ago | 4.67 bp | 99.3 bp −$99 | doesn't fit | doesn't fit | doesn't fit |
ARPA on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARPA-USDT | +0.0076% | 8h | 0.01069 | +0.056% | $138K | $23K | 50x | as long as short |
| Aster ARPAUSDT | +0.0100% | 8h | 0.01070 | +0.131% | $4K | $7K | 5x | as long as short |
| Binance ARPAUSDT | +0.0100% | 8h | 0.01071 | +0.211% | $2.1M | $1.6M | 50x | as long as short |
| Bybit ARPAUSDTshort | +0.0100% | 8h | 0.01071 | +0.243% | $273K | $206K | 25x | |
| Gate ARPA_USDT | +0.0100% | 8h | 0.01068 | −0.028% | $67K | $124K | 25x | as long as short |
| MEXC ARPA_USDT | +0.0100% | 8h | 0.01071 | +0.206% | $273K | $122K | 125x | as long as short |
| KuCoin ARPAUSDTMlong | +0.0100% | 8h | 0.01068 | long leg | $295K | $198K | 30x | |
| Bitget ARPAUSDT | +0.0100% | 8h | 0.01070 | +0.150% | $482K | $262K | 50x | as long as short |
| BingX ARPA-USDT | +0.0100% | 8h | 0.01069 | +0.084% | — | $1.2M | — | as long as short |
| Variational Omni ARPA | +0.0100% | 8h | 0.01070 | +0.195% | $8K | $107 | — | as long as short |
KuCoin ARPAUSDTM
Bybit ARPAUSDT
BloFin ARPA-USDT
Aster ARPAUSDT
Binance ARPAUSDT
Gate ARPA_USDT
MEXC ARPA_USDT
Bitget ARPAUSDT
BingX ARPA-USDT
Variational Omni ARPA