Funding you earn now, next payment 08:00 UTC+0.0098%/8h= +10.8% APRnext payment +$0.98 per $10,000 · paid last 24h +0.020%
Price spread now: KuCoin against Binance+0.041%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$570.568% of the position
Funding, last 7 days+0.143%+$14 on $10k
+Price spread, last 7 days−0.026%−$3 · spread now +0.041%, 7d avg +0.015%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.025% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARBUSDT | 0.2213 | 0.0002 | pay 0.0002% / 8h | 6h 17m | $64.5M | $317.1M | 75x |
| Short | KuCoin ARBUSDTM | 0.2214 | 0.0100 | get 0.0100% / 8h | 6h 17m | $19.6M | $15.7M | 75x |
Binance ARBUSDT
KuCoin ARBUSDTMFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $20.67
- Price spread: +0.041% → +0.015%
- $2.53
- Slippage, 4 orders
- −$34.75
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$33.56
- Costs to cover
- 0.568%
- Break-even
- 18.4 days
Slippage from Binance: live order book, 11 min ago; KuCoin: live order book, 2 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, 11 min ago | 0.90 bp | 9.0 bp −$9 | 24.4 bp −$244 | 76.3 bp −$7,635 | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 1.58 bp | 14.2 bp −$14 | 36.5 bp −$365 | doesn't fit | doesn't fit |
ARB on 35 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1692% | 1h | 0.2206 | −0.316% | $40K | $372K | 12x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0247% | 1h | 0.2214 | +0.054% | $24K | $34K | 25x | as long as short |
| SoDEX ARB-USD | −0.0240% | 1h | 0.2214 | +0.027% | $10K | $2.5M | 5x | as long as short |
| 01 Exchange ARBUSD | −0.0224% | 1h | 0.2214 | +0.032% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0167% | 8h | 0.2218 | +0.214% | $1.9M | $2.9M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0125% | 8h | 0.2212 | −0.050% | $22.4M | $156.3M | 50x | as long as short |
| MEXC ARB_USDT | −0.0125% | 8h | 0.2213 | +0.005% | $39.2M | $60.2M | 200x | as long as short |
| Gate ARB_USDT | −0.0068% | 8h | 0.2213 | −0.009% | $5.4M | $19.9M | 60x | as long as short |
| Orderly PERP_ARB_USDC | −0.0064% | 8h | 0.2215 | +0.090% | $13K | $384K | 10x | as long as short |
| Bybit ARBUSDT | −0.0042% | 8h | 0.2212 | −0.027% | $56.6M | $128.6M | 50x | as long as short |
Injective ARB/USDC PERP
Deribit ARB_USDC-PERPETUAL
SoDEX ARB-USD
01 Exchange ARBUSD
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Gate ARB_USDT
Orderly PERP_ARB_USDC
Bybit ARBUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2218 | +0.206% | $66K | $5K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2213 | −0.007% | $355K | $2.5M | 25x | as long as short |
| Binance ARBUSDTlong | +0.0002% | 8h | 0.2213 | long leg | $64.5M | $317.1M | 75x | |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0011% | 1h | 0.2215 | +0.108% | $10K | — | 150x | as long as short |
| ApeX Omni ARBUSDT | +0.0031% | 1h | 0.2214 | +0.045% | $119K | $285K | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2215 | +0.083% | $140K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2214 | +0.054% | $1.2M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2215 | +0.086% | $38.6M | $51.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2215 | +0.081% | $659K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2216 | +0.154% | $42K | $184K | 10x | as long as short |
| KuCoin ARBUSDTMshort | +0.0100% | 8h | 0.2214 | +0.041% | $19.6M | $15.7M | 75x | |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2213 | 0.000% | $21.2M | $36.4M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2213 | +0.005% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2214 | +0.063% | $40K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2215 | +0.086% | $472K | $3.7M | 10x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2214 | +0.050% | $92K | $2.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2214 | +0.045% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2215 | +0.068% | $297K | $996K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2214 | +0.045% | $5.0M | $13.0M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0240% | 1h | 0.2222 | +0.407% | $508K | $2.1M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2216 | +0.113% | $826K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2213 | −0.007% | $2K | $695 | 20x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0312% | 1h | 0.2215 | +0.087% | $1.1M | $4.7M | 50x | as long as short |
| RISEx ARB/USDC | +0.0466% | 1h | 0.2215 | +0.108% | $477K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0532% | 1h | 0.2216 | +0.154% | $1.0M | $2.9M | 20x | as long as short |
dYdX ARB-USD
Extended ARB-USD
gTrade (Gains Network) ARB/USD
ApeX Omni ARBUSDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Bitget ARBUSDT
BingX ARB-USDC
edgeX ARBUSDC
GRVT ARB_USDT_Perp
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Kraken Futures PF_ARBUSD
RISEx ARB/USDC
Backpack ARB_USDC_PERP