Settings8H · net · $10k
Funding arb · Price arb /

BE

RWAall BE markets
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Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.104%+$10 on $10k · with fees, hour by hour
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus BE-USD274.460.0040pay 0.0005% / 1h54m 23s$115K$116K10x
ShortKuCoin BEUSDTM274.570.0100get 0.0100% / 8h7h 54m$371K$22K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Arcus live order book, 19 min ago1.83 bp9.3 bp −$914.7 bp −$147doesn't fitdoesn't fit
Sell KuCoin live order book, 67 min ago17.20 bp114.3 bp −$114doesn't fitdoesn't fitdoesn't fit

BE on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BEUSDT0.0000%8h274.49+0.011%$345K$119K20xas long as short
Gate BE_USDT0.0000%8h274.40−0.022%$1.5M$3.4M50xas long as short
Bitget BEUSDT0.0000%8h274.50+0.015%$1.7M$2.6M20xas long as short
SunX BE-USDT0.0000%8h275.30+0.306%$1K$2.5M10xas long as short
HTX BE-USDT0.0000%8h275.05+0.215%$13K$33K20xas long as short
Lighter BE+0.0032%1h274.51+0.018%10xas long as short
Lighter RH BE+0.0032%1h274.61+0.055%$250K$298K10xas long as short
QFEX BE-USD+0.0037%1h274.62+0.058%$1.3M$3.8M10xas long as short
Arcus BE-USDlong+0.0040%1h274.46long leg$115K$116K10x
Vest BE-USD-PERP+0.0046%1h274.70+0.087%10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BE-USD+0.0088%1h274.63+0.061%$46K$266K10xas long as short
Binance BEUSDT+0.0094%8h274.76+0.109%$8.5M$36.6M25xas long as short
KuCoin BEUSDTMshort+0.0100%8h274.57+0.040%$371K$22K20x
Aevo BE-PERP+0.0104%1h274.24−0.080%10xas long as short
Coinbase International BE-PERP-INTX+0.0128%1h273.32−0.415%$467K$116K10xas long as short
Bybit BEUSDT+0.0164%8h274.61+0.055%$2.0M$1.2M25xas long as short
BloFin BE-USDT+0.0211%8h274.86+0.146%$45K$142K20xas long as short
OKX BE-USDT-SWAP+0.0256%8h274.76+0.109%$2.6M$6.9M25xas long as short
Deribit BE_USDC-PERPETUAL+0.0443%1h274.50+0.015%$7K$4K10xas long as short
GRVT BE_USDT_Perp+0.0488%8h274.84+0.137%$6K$182K10xas long as short
tradeXYZ xyz:BE+0.0852%1h274.56+0.036%$5.9M$2.9M10xas long as short