Funding you earn now, next payment 04:00 UTC−0.0401%/8h= −43.9% APRnext payment −$2.00 per $10,000 · paid last 24h −0.078%
Price spread now: KuCoin against Binance−0.230%7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$569as in the Funding arb table
Net, price: spread back to 7d avg − costs−$544as in the Price arb table
costs, in and out, $10k−$5295.292% of the position
Funding, last 7 days−0.401%−$40 on $10k
+Price spread, last 4 days (all we have)+0.034%+$3 · spread now −0.230%, 7d avg −0.082%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and KuCoin is 0.148% cheaper against Binance than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.082%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARXUSDT | 0.2010 | 0.0501 | pay 0.0250% / 4h | 3h 59m | $5.4M | $11.2M | 20x |
| Short | KuCoin ARXUSDTM | 0.2006 | 0.0100 | get 0.0050% / 4h | 3h 59m | $704K | $732K | 20x |
Binance ARXUSDT
KuCoin ARXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- −$84.18
- Price spread: −0.230% → −0.082%
- −$14.81
- Slippage, 4 orders
- −$507.16
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$628.16
- Costs to cover
- 5.292%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; KuCoin: 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 Binance live order book, 10 min ago | 2.48 bp | 37.3 bp −$37 | 285.0 bp −$2,850 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 64 min ago | 14.20 bp | 249.4 bp −$249 | doesn't fit | doesn't fit | doesn't fit |
ARX 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARXUSDT | +0.0100% | 4h | 0.2011 | +0.038% | $4.0M | $2.3M | 20x | as long as short |
| KuCoin ARXUSDTMshort | +0.0100% | 4h | 0.2006 | −0.230% | $704K | $732K | 20x | |
| Gate ARX_USDT | +0.0218% | 4h | 0.2014 | +0.187% | $1.0M | $420K | 20x | as long as short |
| Bitget ARXUSDT | +0.0388% | 4h | 0.2009 | −0.086% | $1.9M | $1.7M | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0473% | 4h | 0.2007 | −0.161% | $724K | $3.0M | 20x | as long as short |
| BloFin ARX-USDT | +0.0480% | 4h | 0.2015 | +0.237% | $234K | $56K | 20x | as long as short |
| MEXC ARX_USDT | +0.0500% | 4h | 0.2009 | −0.061% | $863K | $415K | 20x | as long as short |
| Binance ARXUSDTlong | +0.0501% | 4h | 0.2010 | long leg | $5.4M | $11.2M | 20x | |
| BingX ARX-USDT | +0.0536% | 4h | 0.2010 | −0.012% | — | $1.7M | — | as long as short |
| Aster ARXUSDT | +0.0668% | 4h | 0.2011 | +0.045% | $80K | $98K | 10x | as long as short |
Bybit ARXUSDT
Gate ARX_USDT
Bitget ARXUSDT
OKX ARX-USDT-SWAP
BloFin ARX-USDT
MEXC ARX_USDT
BingX ARX-USDT
Aster ARXUSDT