Funding you earn now, next payment 00:00 UTC−0.0126%/8h= −13.8% APRnext payment −$0.63 per $10,000 · paid last 24h −0.095%
Price spread now: KuCoin against Gate−0.509%7-day average −0.496% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,101as in the Price arb table
costs, in and out, $10k−$1,09910.995% of the position
Funding, last 7 days−0.280%−$28 on $10k
+Price spread, last 4 days (all we have)+0.144%+$14 · spread now −0.509%, 7d avg −0.496%
=The price spread sits at its 7-day average of −0.496%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARX_USDT | 0.2023 | 0.0226 | pay 0.0113% / 4h | 3m 34s | $1.0M | $420K | 20x |
| Short | KuCoin ARXUSDTM | 0.2013 | 0.0100 | get 0.0050% / 4h | 3m 34s | $704K | $728K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- −$26.46
- Price spread: −0.509% → −0.496%
- −$1.33
- Slippage, 4 orders
- −$1,072.49
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,127.28
- Costs to cover
- 10.995%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; KuCoin: live order book, 60 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 Gate live order book, 4 min ago | 9.89 bp | 387.9 bp −$388 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 60 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ARXUSDTMshort | +0.0100% | 4h | 0.2013 | −0.509% | $704K | $728K | 20x | |
| Gate ARX_USDTlong | +0.0226% | 4h | 0.2023 | long leg | $1.0M | $420K | 20x | |
| Bitget ARXUSDT | +0.0398% | 4h | 0.2013 | −0.509% | $1.9M | $1.7M | 20x | as long as short |
| BloFin ARX-USDT | +0.0457% | 4h | 0.2015 | −0.395% | $234K | $56K | 20x | as long as short |
| MEXC ARX_USDT | +0.0472% | 4h | 0.2016 | −0.346% | $871K | $417K | 20x | as long as short |
| Binance ARXUSDT | +0.0472% | 4h | 0.2016 | −0.366% | $5.4M | $11.2M | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0480% | 4h | 0.2015 | −0.395% | $726K | $3.0M | 20x | as long as short |
| BingX ARX-USDT | +0.0522% | 4h | 0.2017 | −0.297% | — | $1.7M | — | as long as short |
| Bybit ARXUSDT | +0.0560% | 4h | 0.2017 | −0.297% | $4.0M | $2.3M | 20x | as long as short |
| Aster ARXUSDT | +0.0649% | 4h | 0.2015 | −0.395% | $83K | $98K | 10x | as long as short |
Gate ARX_USDT
KuCoin ARXUSDTM
Bitget ARXUSDT
BloFin ARX-USDT
MEXC ARX_USDT
Binance ARXUSDT
OKX ARX-USDT-SWAP
BingX ARX-USDT
Bybit ARXUSDT
Aster ARXUSDT