AR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.60 per $10,000 · paid last 24h −0.024%

Price spread now: BloFin against KuCoin+0.022%50s7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$227as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2292.292% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 3 days (all we have)+0.200%+$20 · spread now +0.022%, 7d avg −0.008%

Together, before fees+0.221%+$22 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.030% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.008%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ARUSDTM	4.5860	0.0100	pay 0.0100% / 8h	38m 16s	$1.4M	$1.2M	50x
Short	BloFin AR-USDT	4.5870	0.0160	get 0.0160% / 8h	38m 16s	$437K	$676K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now +0.022%Rate

Funding earned: $12.67
Price spread: +0.022% → −0.008%: $2.98
Slippage, 4 orders: −$205.16
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$213.51
Costs to cover: 2.292%
Break-even: 125.0 days

Slippage from KuCoin: live order book, 2 min ago; BloFin: live order book, 38 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, 2 min ago	5.46 bp	105.2 bp −$105	760.9 bp −$7,609	doesn't fit	doesn't fit
Sell BloFin live order book, 38 min ago	6.57 bp	15.1 bp −$15	41.6 bp −$416	doesn't fit	doesn't fit

AR on 17 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	−0.1963%	1h	4.5842	−0.039%	$52K	$163K	20x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0140% / S +0.0551%	1h	4.5916	+0.121%	$590K	—	50x	as long as short
OKX AR-USDT-SWAP	−0.0004%	8h	4.5850	−0.022%	$2.4M	$20.9M	20x	as long as short
Injective AR/USDC PERP	+0.0033%	1h	4.5720	−0.305%	$3K	$339	5.5x	as long as short
Extended AR-USD	+0.0040%	1h	4.5867	+0.015%	$37K	$237K	10x	as long as short
MEXC AR_USDT	+0.0040%	8h	4.5880	+0.044%	$6.7M	$4.4M	100x	as long as short
Binance ARUSDT	+0.0040%	8h	4.5876	+0.034%	$9.1M	$55.6M	75x	as long as short
Hyperliquid AR	+0.0100%	1h	4.5959	+0.216%	$4.1M	$4.9M	5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.5843	−0.037%	$20K	$611K	10x	as long as short
Bybit ARUSDT	+0.0100%	8h	4.5870	+0.022%	$4.6M	$8.9M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate AR_USDT	+0.0100%	8h	4.5890	+0.065%	$2.6M	$2.3M	50x	as long as short
KuCoin ARUSDTMlong	+0.0100%	8h	4.5860	long leg	$1.4M	$1.2M	50x
Bitget ARUSDT	+0.0100%	8h	4.5840	−0.044%	$3.9M	$5.6M	75x	as long as short
BingX AR-USDT	+0.0100%	8h	4.5850	−0.022%	—	$2.9M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.5719	−0.307%	$139K	$172K	—	as long as short
ApeX Omni ARUSDT	+0.0100%	1h	4.5740	−0.262%	$58K	$747K	50x	as long as short
BloFin AR-USDTshort	+0.0160%	8h	4.5870	+0.022%	$437K	$676K	20x