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

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0060%/8h= +6.5% APRpaid last 24h +0.031%
Price spread now: KuCoin against Arcus−0.209%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. KuCoin is 0.209% cheaper against Arcus than usual: you would sell low and buy high (spread −0.209% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 12 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus COIN-USD196.510.0040pay 0.0005% / 1h1m 15s$15K$54K5x
ShortKuCoin COINUSDTM196.100.0100get 0.0100% / 8h2h 01m$988K$143K20x

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: −0.209% → 0.000%
−$20.86
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$24.82
Costs to cover
0.165%
Break-even
20.9 days
Slippage unknown: Arcus: no order-book sample; KuCoin: live order book, 18 min ago. Net counts fees only.

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 no order-book sample
Sell KuCoin live order book, 18 min ago18.42 bp37.5 bp −$38doesn't fitdoesn't fitdoesn't fit
Arcus: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

COIN on 26 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
Bitget COINUSDT−0.0694%8h196.510.000%$6.4M$10.7M20xas long as short
Injective COIN/USDC PERP−0.0440%1h196.38−0.066%$43K$48K30xas long as short
Vest COIN-USD-PERP−0.0106%1h195.89−0.316%$289K25xas long as short
Gate COIN_USDT−0.0084%8h196.38−0.066%$1.2M$7.4M50xas long as short
Aster COINUSDT0.0000%8h196.24−0.136%$342K$890K20xas long as short
Extended COIN_24_5-USD0.0000%1h196.32−0.097%$112K$849K10xas long as short
Binance COINUSDT0.0000%8h196.38−0.066%$15.1M$82.6M20xas long as short
Bybit COINUSDT0.0000%8h196.37−0.071%$4.7M$6.3M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h196.33−0.092%$3.0M$4.7M20xas long as short
Variational Omni COIN0.0000%8h196.58+0.036%$712K$962Kas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h196.41−0.050%$17K$2.6M10xas long as short
Lighter RH COIN+0.0032%1h196.33−0.092%$458K$1.5M10xas long as short
QFEX COIN-USD+0.0038%1h196.39−0.061%$1.3M$3.0M10xas long as short
Arcus COIN-USDlong+0.0040%1h196.51long leg$15K$54K5x
tradeXYZ xyz:COIN+0.0050%1h196.28−0.117%$15.3M$13.9M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h196.26−0.127%$128K$1.4M10xas long as short
SoDEX COIN-USD+0.0050%1h196.32−0.097%$93$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h196.28−0.117%$450K$2.9M10xas long as short
Phoenix COIN+0.0082%1h196.35−0.081%$4K$283K10xas long as short
KuCoin COINUSDTMshort+0.0100%8h196.10−0.209%$988K$143K20x
ApeX Omni COINUSDT+0.0100%1h196.29−0.112%$88K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h196.33−0.092%$568$4K10xas long as short
Aevo COIN-PERP+0.0104%1h196.34−0.088%$11610xas long as short
Lighter COIN+0.0120%1h196.31−0.100%$380K$2.3M10xas long as short
BloFin COIN-USDT+0.0120%8h196.43−0.041%$187K$421K20xas long as short
edgeX COINUSDC+0.0939%4h196.36−0.075%$51K$296K10xas long as short