Funding arb · Price arb / Crypto
USELESS
All USELESS markets →
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2384 | +0.0408 | pay 0.0204% / 4h | 2h 14m | $4.8M | $19.6M | 10x | Long KuCoin | |
| SHORT | 0.2387 | +0.1104 | get 0.0138% / 1h | 14m 56s | $251K | $356K | 10x | Short Arcus5% off |
Price gap+0.130%
Funding gap+0.0696% /8h
Funding trade: +$21 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$71+0.0696% /8h now · paid +0.707% over the last 6 days (all we have)
Price−$1spread +0.130% now, avg +0.140% → −0.010% if it goes back
Costs−$890.893% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.130%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hUSELESS on 26 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Watch: Thin at this size36.3 / 11.3 bpAt $10k entering KuCoin costs 36.3 bp, fee and slippage, 3.2× Arcus’s.
- Note: Margin at max leverage$1,000 + $1,000KuCoin 10x, Arcus 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$20.88Long KuCoin: 6 payments, −$12.24; short Arcus: 24 payments, +$33.12.
- Note: Gap at its usual level+0.130% vs +0.140%The price leg adds little either way.
- Watch: Short leg is thinner$251K vs $4.8M OIArcus sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCKuCoin Yes · Arcus NoStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0414%/8h × 21 periods+$86.89
Price spread+0.130% → +0.140% (7d avg)−$1.01
Slippage, 4 orderslive order books−$72.79
Fee KuCoin bp × 2 orders−$12.00
Fee Arcus bp × 2 orders−$4.50
Net · 7 days · $10k−$3.40
Costs to cover0.893%Break-even7.3 days
Slippage: KuCoin: live order book, 7 min ago; Arcus: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKuCoin7.1136.3 bp−$361968.7 bp−$19.7Kdoesn’t fitdoesn’t fit
SELL · SHORTArcus4.1811.3 bp−$1134.2 bp−$342doesn’t fitdoesn’t fit
Closing costs about the same again.
Nado