Funding you earn now, next payment 01:00 UTC+0.0060%/8h= +6.5% APRpaid last 24h +0.029%
Price spread now: KuCoin against Arcus+0.040%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$229as in the Price arb table
costs, in and out, $10k−$2242.239% of the position
Funding, last 3 days (all we have)+0.062%+$6 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now +0.040%, 7d avg +0.090%
=Funding pays, the price is against you. KuCoin is 0.050% cheaper against Arcus than usual: you would sell low and buy high (spread +0.040% now, against its 7-day average of +0.090%). If the spread goes back, that is −$5 on $10k: about 2.8 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus BE-USD | 274.46 | 0.0040 | pay 0.0005% / 1h | 54m 23s | $115K | $116K | 10x |
| Short | KuCoin BEUSDTM | 274.57 | 0.0100 | get 0.0100% / 8h | 7h 54m | $371K | $22K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Arcus. 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: +0.040% → +0.090%
- −$5
- Slippage, 4 orders
- −$207.4
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$216.36
- Costs to cover
- 2.239%
- Break-even
- 127.8 days
Slippage from Arcus: live order book, 19 min ago; KuCoin: live order book, 67 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 Arcus live order book, 19 min ago | 1.83 bp | 9.3 bp −$9 | 14.7 bp −$147 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 67 min ago | 17.20 bp | 114.3 bp −$114 | doesn't fit | doesn't fit | doesn't fit |
BE on 21 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 BEUSDT | 0.0000% | 8h | 274.49 | +0.011% | $345K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.40 | −0.022% | $1.5M | $3.4M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 274.50 | +0.015% | $1.7M | $2.6M | 20x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 275.30 | +0.306% | $1K | $2.5M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 275.05 | +0.215% | $13K | $33K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 274.51 | +0.018% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 274.61 | +0.055% | $250K | $298K | 10x | as long as short |
| QFEX BE-USD | +0.0037% | 1h | 274.62 | +0.058% | $1.3M | $3.8M | 10x | as long as short |
| Arcus BE-USDlong | +0.0040% | 1h | 274.46 | long leg | $115K | $116K | 10x | |
| Vest BE-USD-PERP | +0.0046% | 1h | 274.70 | +0.087% | — | — | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BE-USD | +0.0088% | 1h | 274.63 | +0.061% | $46K | $266K | 10x | as long as short |
| Binance BEUSDT | +0.0094% | 8h | 274.76 | +0.109% | $8.5M | $36.6M | 25x | as long as short |
| KuCoin BEUSDTMshort | +0.0100% | 8h | 274.57 | +0.040% | $371K | $22K | 20x | |
| Aevo BE-PERP | +0.0104% | 1h | 274.24 | −0.080% | — | — | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0128% | 1h | 273.32 | −0.415% | $467K | $116K | 10x | as long as short |
| Bybit BEUSDT | +0.0164% | 8h | 274.61 | +0.055% | $2.0M | $1.2M | 25x | as long as short |
| BloFin BE-USDT | +0.0211% | 8h | 274.86 | +0.146% | $45K | $142K | 20x | as long as short |
| OKX BE-USDT-SWAP | +0.0256% | 8h | 274.76 | +0.109% | $2.6M | $6.9M | 25x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0443% | 1h | 274.50 | +0.015% | $7K | $4K | 10x | as long as short |
| GRVT BE_USDT_Perp | +0.0488% | 8h | 274.84 | +0.137% | $6K | $182K | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0852% | 1h | 274.56 | +0.036% | $5.9M | $2.9M | 10x | as long as short |
KuCoin BEUSDTM
Aster BEUSDT
Gate BE_USDT
Bitget BEUSDT
SunX BE-USDT
HTX BE-USDT
Lighter BE
Lighter RH BE
Extended BE-USD
Binance BEUSDT
Coinbase International BE-PERP-INTX
Bybit BEUSDT
BloFin BE-USDT
OKX BE-USDT-SWAP
Deribit BE_USDC-PERPETUAL
GRVT BE_USDT_Perp
tradeXYZ xyz:BE