Funding you earn now, next payment 08:00 UTC−0.0116%/8h= −12.7% APRnext payment −$1.16 per $10,000 · paid last 24h −0.007%
Price spread now: KuCoin against BloFin−0.009%95s7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as 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−$560.564% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)−0.453%−$45 · spread now −0.009%, 7d avg +0.021%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.030% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.021%). Swap the legs. The two prices were read 95 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 | BloFin ARB-USDT | 0.2208 | 0.0216 | pay 0.0216% / 8h | 1h 51m | $3.0M | $2.3M | 75x |
| Short | KuCoin ARBUSDTM | 0.2208 | 0.0100 | get 0.0100% / 8h | 1h 51m | $19.7M | $14.4M | 75x |
BloFin ARB-USDT
KuCoin ARBUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- −$24.4
- Price spread: −0.009% → +0.021%
- −$3.02
- Slippage, 4 orders
- −$32.39
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$83.81
- Costs to cover
- 0.564%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; KuCoin: live order book, 7 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 BloFin live order book, 2 min ago | 0.45 bp | 10.8 bp −$11 | 20.6 bp −$206 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 1.13 bp | 12.9 bp −$13 | 41.5 bp −$415 | doesn't fit | doesn't fit |
ARB on 36 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 | −0.1592% | 1h | 0.2197 | −0.498% | $40K | $372K | 12x | as long as short |
| Polymarket Perps ARB-USD | −0.0293% | 1h | 0.2209 | +0.063% | $67K | $2.1M | 10x | as long as short |
| SoDEX ARB-USD | −0.0089% | 1h | 0.2207 | −0.054% | $9K | $2.2M | 5x | as long as short |
| Variational Omni ARB | −0.0076% | 8h | 0.2216 | +0.356% | $1.8M | $3.0M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0072% | 8h | 0.2209 | +0.045% | $22.1M | $146.5M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0072% | 1h | 0.2208 | −0.005% | $7K | $236 | 10x | as long as short |
| MEXC ARB_USDT | −0.0072% | 8h | 0.2207 | −0.027% | $41.2M | $61.5M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0044% | 8h | 0.2207 | −0.045% | $13K | $405K | 10x | as long as short |
| Bybit ARBUSDT | −0.0028% | 8h | 0.2210 | +0.068% | $54.5M | $126.5M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2208 | −0.003% | $65K | $5K | 10x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
SoDEX ARB-USD
Variational Omni ARB
OKX ARB-USDT-SWAP
01 Exchange ARBUSD
MEXC ARB_USDT
Orderly PERP_ARB_USDC
Bybit ARBUSDT
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2208 | −0.018% | $28K | $38K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0009% | 1h | 0.2208 | +0.008% | $44K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0056% | 1h | 0.2209 | +0.034% | $467K | $2.6M | 10x | as long as short |
| Bitget ARBUSDT | +0.0056% | 8h | 0.2208 | 0.000% | $21.2M | $34.9M | 50x | as long as short |
| Gate ARB_USDT | +0.0069% | 8h | 0.2207 | −0.045% | $5.4M | $18.3M | 60x | as long as short |
| Binance ARBUSDT | +0.0091% | 8h | 0.2209 | +0.047% | $63.2M | $301.8M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2208 | 0.000% | $1.2M | $5.5M | 15x | as long as short |
| Extended ARB-USD | +0.0096% | 1h | 0.2207 | −0.042% | $352K | $2.8M | 25x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2209 | +0.027% | $37.3M | $49.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2209 | +0.049% | $634K | $1.7M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2208 | −0.019% | $43K | $150K | 10x | as long as short |
| KuCoin ARBUSDTMshort | +0.0100% | 8h | 0.2208 | −0.009% | $19.7M | $14.4M | 75x | |
| BingX ARB-USDC | +0.0100% | 8h | 0.2207 | −0.059% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2209 | +0.041% | $39K | $463K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2211 | +0.149% | $480K | $3.7M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2210 | +0.091% | $119K | $282K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2208 | 0.000% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2209 | +0.045% | $295K | $876K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2209 | +0.045% | $5.0M | $12.8M | 50x | as long as short |
| Aevo ARB-PERP | +0.0104% | 1h | 0.2208 | −0.003% | $140K | $7K | 3x | as long as short |
| BloFin ARB-USDTlong | +0.0216% | 8h | 0.2208 | long leg | $3.0M | $2.3M | 75x | |
| Kraken Futures PF_ARBUSD | +0.0231% | 1h | 0.2208 | +0.010% | $1.1M | $4.5M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0158% | 1h | 0.2208 | −0.008% | $833K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2210 | +0.091% | $516K | $1.6M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2209 | +0.062% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0521% | 1h | 0.2209 | +0.041% | $990K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
RISEx ARB/USDC
Bitget ARBUSDT
Gate ARB_USDT
Binance ARBUSDT
Lighter ARB
Extended ARB-USD
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
BingX ARB-USDC
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Aevo ARB-PERP
Kraken Futures PF_ARBUSD
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP