Funding you earn now, next payment 04:00 UTC+0.1288%/8h= +141.1% APRnext payment +$6.44 per $10,000 · paid last 24h +0.084%
Price spread now: Bybit against KuCoin+0.327%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$729as in the Funding arb table
Net, price: spread back to 7d avg − costs−$710as in the Price arb table
costs, in and out, $10k−$7377.372% of the position
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)−0.272%−$27 · spread now +0.327%, 7d avg +0.059%
=Both sides work for this trade now. Funding pays +$39 a day on $10k at the current rate, and Bybit is 0.268% dearer against KuCoin than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.059%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.086% in total (about 4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.44 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 | 0.2046 | 0.0100 | pay 0.0050% / 4h | 2h 27m | $722K | $776K | 20x |
| Short | Bybit ARXUSDT | 0.2053 | 0.1388 | get 0.0694% / 4h | 2h 27m | $4.2M | $2.3M | 20x |
KuCoin ARXUSDTM
Bybit ARXUSDTFunding 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
- $270.55
- Price spread: +0.327% → +0.059%
- $26.82
- Slippage, 4 orders
- −$714.22
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$439.85
- Costs to cover
- 7.372%
- Break-even
- 18.4 days
Slippage from KuCoin: live order book, 11 min ago; Bybit: live order book, 5 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, 11 min ago | 13.73 bp | 235.4 bp −$235 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 4.89 bp | 121.8 bp −$122 | doesn't fit | doesn't fit | doesn't fit |
ARX on 9 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 | 0.2046 | long leg | $722K | $776K | 20x | |
| Bitget ARXUSDT | +0.0100% | 4h | 0.2049 | +0.127% | $2.0M | $1.7M | 20x | as long as short |
| Gate ARX_USDT | +0.0270% | 4h | 0.2054 | +0.376% | $1.0M | $415K | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0603% | 4h | 0.2050 | +0.181% | $747K | $3.1M | 20x | as long as short |
| MEXC ARX_USDT | +0.0604% | 4h | 0.2049 | +0.132% | $887K | $421K | 20x | as long as short |
| Binance ARXUSDT | +0.0605% | 4h | 0.2051 | +0.230% | $5.5M | $11.2M | 20x | as long as short |
| Aster ARXUSDT | +0.0835% | 4h | 0.2041 | −0.259% | $78K | $96K | 10x | as long as short |
| BingX ARX-USDT | +0.1303% | 4h | 0.2052 | +0.279% | — | $1.7M | — | as long as short |
| Bybit ARXUSDTshort | +0.1388% | 4h | 0.2053 | +0.327% | $4.2M | $2.3M | 20x |
Bitget ARXUSDT
Gate ARX_USDT
OKX ARX-USDT-SWAP
MEXC ARX_USDT
Binance ARXUSDT
Aster ARXUSDT
BingX ARX-USDT