Funding you earn now, next payment 07:00 UTC−0.0060%/8h= −6.5% APRpaid last 24h +0.111%
Price spread now: Arcus against KuCoin−0.017%7-day average +0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$197as in the Price arb table
costs, in and out, $10k−$1891.886% of the position
Funding, last 4 days (all we have)+0.127%+$13 on $10k
+Price spread, last 4 days (all we have)+0.015%+$2 · spread now −0.017%, 7d avg +0.065%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Arcus is 0.082% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.065%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.127%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BABAUSDTM | 116.92 | 0.0100 | pay 0.0100% / 8h | 1h 02m | $608K | $381K | 20x |
| Short | Arcus BABA-USD | 116.90 | 0.0040 | get 0.0005% / 1h | 2m 44s | $71K | $110K | 10x |
KuCoin BABAUSDTM
Arcus BABA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus 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
- −$12.54
- Price spread: −0.017% → +0.065%
- −$8.17
- Slippage, 4 orders
- −$172.14
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$209.35
- Costs to cover
- 1.886%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 42 min ago; Arcus: live order book, 31 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, 42 min ago | 22.22 bp | 97.3 bp −$97 | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus live order book, 31 min ago | 5.56 bp | 10.1 bp −$10 | 12.4 bp −$124 | doesn't fit | doesn't fit |
BABA on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BABAUSDT | 0.0000% | 8h | 117.03 | +0.093% | $68K | $36K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.97 | +0.043% | $2.1M | $731K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 116.96 | +0.034% | $1.5M | $2.1M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.95 | +0.026% | $2.3M | $1.9M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 116.94 | +0.017% | $748 | $3.2M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 116.99 | +0.060% | $30K | $19K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0020% | 8h | 116.99 | +0.060% | $2K | $192K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.01 | +0.077% | $372K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 116.93 | +0.009% | $434K | $512K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.924% | $11K | $26K | 12x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BABA-USDshort | +0.0040% | 1h | 116.90 | −0.017% | $71K | $110K | 10x | |
| Variational Omni BABA | +0.0042% | 8h | 116.95 | +0.030% | $364K | $747K | — | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 116.92 | 0.000% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 116.88 | −0.034% | $11.7M | $4.5M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 116.86 | −0.051% | $8K | $285K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 116.88 | −0.034% | $229K | $427K | 10x | as long as short |
| QFEX BABA-USD | +0.0063% | 1h | 116.95 | +0.026% | $1.3M | $3.0M | 10x | as long as short |
| KuCoin BABAUSDTMlong | +0.0100% | 8h | 116.92 | long leg | $608K | $381K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 116.94 | +0.017% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDT | +0.0111% | 8h | 116.97 | +0.043% | $15.1M | $32.5M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0112% | 1h | 116.95 | +0.023% | $44K | $293K | 10x | as long as short |
| Phoenix BABA | +0.0204% | 1h | 116.92 | 0.000% | $65K | $89K | 10x | as long as short |
Variational Omni BABA
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
Orderly PERP_BABA_USDC_mythos
Binance BABAUSDT
Extended BABA_24_5-USD
Phoenix BABA