AR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0044%/8h= +4.9% APRnext payment +$0.44 per $10,000 · paid last 24h +0.021%

Price spread now: KuCoin against Binance−0.039%7-day average +0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$217as in the Funding arb table

Net, price: spread back to 7d avg − costs−$233as in the Price arb table

costs, in and out, $10k−$2272.271% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.105%+$10 on $10k

Price spread, last 7 days+0.002%$0 · spread now −0.039%, 7d avg +0.022%

Together, before fees+0.107%+$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.061% cheaper against Binance than usual: you would sell low and buy high (spread −0.039% now, against its 7-day average of +0.022%). If the spread goes back, that is −$6 on $10k: about 4.6 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ARUSDT	4.5768	0.0056	pay 0.0056% / 8h	6h 19m	$9.1M	$53.1M	75x
Short	KuCoin ARUSDTM	4.5750	0.0100	get 0.0100% / 8h	6h 19m	$1.4M	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now −0.039%Rate

Funding earned: $9.33
Price spread: −0.039% → +0.022%: −$6.09
Slippage, 4 orders: −$205.12
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$223.88
Costs to cover: 2.271%
Break-even: 175.0 days

Slippage from Binance: live order book, 8 min ago; KuCoin: live order book, 11 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 Binance live order book, 8 min ago	3.30 bp	16.0 bp −$16	59.6 bp −$596	452.1 bp −$45.2K	doesn't fit
Sell KuCoin live order book, 11 min ago	6.62 bp	98.5 bp −$98	544.2 bp −$5,442	doesn't fit	doesn't fit

AR on 16 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
Kraken Futures PF_ARUSD	−0.1670%	1h	4.5883	+0.251%	$56K	$149K	20x	as long as short
Injective AR/USDC PERP	−0.0353%	1h	4.6110	+0.747%	$2K	$2K	5.5x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0141% / S +0.0551%	1h	4.5762	−0.014%	$588K	—	50x	as long as short
OKX AR-USDT-SWAP	−0.0109%	8h	4.5720	−0.105%	$2.3M	$19.6M	20x	as long as short
MEXC AR_USDT	+0.0055%	8h	4.5740	−0.061%	$6.5M	$4.3M	100x	as long as short
Binance ARUSDTlong	+0.0056%	8h	4.5768	long leg	$9.1M	$53.1M	75x
Extended AR-USD	+0.0056%	1h	4.5732	−0.080%	$37K	$240K	10x	as long as short
Hyperliquid AR	+0.0100%	1h	4.5824	+0.122%	$4.1M	$4.7M	5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.5736	−0.070%	$24K	$500K	10x	as long as short
Bybit ARUSDT	+0.0100%	8h	4.5750	−0.039%	$4.7M	$8.6M	75x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate AR_USDT	+0.0100%	8h	4.5750	−0.039%	$2.6M	$2.2M	50x	as long as short
KuCoin ARUSDTMshort	+0.0100%	8h	4.5750	−0.039%	$1.4M	$1.1M	50x
Bitget ARUSDT	+0.0100%	8h	4.5730	−0.083%	$3.9M	$5.4M	75x	as long as short
BingX AR-USDT	+0.0100%	8h	4.5730	−0.083%	—	$2.9M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.5797	+0.062%	$239K	$261K	—	as long as short
ApeX Omni ARUSDT	+0.0100%	1h	4.5650	−0.258%	$20K	$747K	50x	as long as short