Funding you earn now, next payment 04:00 UTC+0.0349%/8h= +38.3% APRnext payment +$1.75 per $10,000 · paid last 24h +0.012%
Price spread now: BloFin against KuCoin+0.314%80s7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$580as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$5795.792% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.136%+$14 · spread now +0.314%, 7d avg +0.043%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BloFin is 0.271% dearer against KuCoin than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.043%. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.004% in total (about -0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.75 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 ARXUSDTM | 0.2100 | 0.0100 | pay 0.0050% / 4h | 1h 32m | $734K | $807K | 20x |
| Short | BloFin ARX-USDT | 0.2107 | 0.0449 | get 0.0225% / 4h | 1h 32m | $245K | $49K | 20x |
KuCoin ARXUSDTM
BloFin ARX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $73.39
- Price spread: +0.314% → +0.043%
- $27.1
- Slippage, 4 orders
- −$555.15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$478.67
- Costs to cover
- 5.792%
- Break-even
- 52.7 days
Slippage from KuCoin: live order book, 67 min ago; BloFin: live order book, 7 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, 67 min ago | 13.73 bp | 235.4 bp −$235 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 7 min ago | 4.75 bp | 44.1 bp −$44 | 247.9 bp −$2,479 | 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 ARXUSDTMlong | +0.0100% | 4h | 0.2100 | long leg | $734K | $807K | 20x | |
| Bitget ARXUSDT | +0.0100% | 4h | 0.2102 | +0.067% | $2.0M | $1.7M | 20x | as long as short |
| Gate ARX_USDT | +0.0134% | 4h | 0.2110 | +0.457% | $1.1M | $436K | 20x | as long as short |
| BloFin ARX-USDTshort | +0.0449% | 4h | 0.2107 | +0.314% | $245K | $49K | 20x | |
| OKX ARX-USDT-SWAP | +0.0492% | 4h | 0.2098 | −0.114% | $757K | $3.3M | 20x | as long as short |
| Binance ARXUSDT | +0.0523% | 4h | 0.2100 | −0.019% | $5.6M | $11.5M | 20x | as long as short |
| MEXC ARX_USDT | +0.0524% | 4h | 0.2101 | +0.029% | $937K | $432K | 20x | as long as short |
| BingX ARX-USDT | +0.0716% | 4h | 0.2100 | −0.019% | — | $1.7M | — | as long as short |
| Bybit ARXUSDT | +0.0727% | 4h | 0.2100 | −0.019% | $4.3M | $2.4M | 20x | as long as short |
| Aster ARXUSDT | +0.0832% | 4h | 0.2103 | +0.124% | $80K | $96K | 10x | as long as short |
Bitget ARXUSDT
Gate ARX_USDT
OKX ARX-USDT-SWAP
Binance ARXUSDT
MEXC ARX_USDT
BingX ARX-USDT
Bybit ARXUSDT
Aster ARXUSDT