ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0204%/8h= +22.3% APRnext payment +$2.04 per $10,000 · paid last 24h +0.029%

Price spread now: KuCoin against Bybit+0.099%7-day average +0.049% · 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−$51as in the Price arb table

costs, in and out, $10k−$560.555% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.132%+$13 on $10k

Price spread, last 7 days−0.039%−$4 · spread now +0.099%, 7d avg +0.049%

Together, before fees+0.093%+$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and KuCoin is 0.050% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.049%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.132% in total (about 6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.04 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ARBUSDT	0.2220	−0.0104	get 0.0104% / 8h	5h 26m	$56.5M	$126.0M	50x
Short	KuCoin ARBUSDTM	0.2222	0.0100	get 0.0100% / 8h	5h 26m	$19.6M	$15.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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 BybitbpFee KuCoinbpOrdersPrice spread, now +0.099%Rate

Funding earned: $42.84
Price spread: +0.099% → +0.049%: $4.99
Slippage, 4 orders: −$32.54
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$7.71
Costs to cover: 0.555%
Break-even: 8.3 days

Slippage from Bybit: live order book, 2 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 Bybit live order book, 2 min ago	0.22 bp	8.9 bp −$9	18.6 bp −$186	49.7 bp −$4,966	doesn't fit
Sell KuCoin live order book, 2 min ago	0.90 bp	10.9 bp −$11	32.4 bp −$324	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	−0.1577%	1h	0.2212	−0.338%	$40K	$372K	12x	as long as short
Variational Omni ARB	−0.0152%	8h	0.2226	+0.275%	$1.9M	$2.9M	—	as long as short
OKX ARB-USDT-SWAP	−0.0135%	8h	0.2220	+0.018%	$22.3M	$150.8M	50x	as long as short
MEXC ARB_USDT	−0.0134%	8h	0.2220	+0.023%	$38.1M	$59.2M	200x	as long as short
01 Exchange ARBUSD	−0.0128%	1h	0.2219	−0.009%	$7K	$2K	10x	as long as short
SoDEX ARB-USD	−0.0115%	1h	0.2216	−0.153%	$10K	$2.4M	5x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0111%	1h	0.2217	−0.135%	$24K	$34K	25x	as long as short
Gate ARB_USDT	−0.0108%	8h	0.2220	+0.045%	$5.4M	$19.1M	60x	as long as short
Polymarket Perps ARB-USD	−0.0105%	1h	0.2217	−0.099%	$96K	$2.1M	10x	as long as short
Bybit ARBUSDTlong	−0.0104%	8h	0.2220	long leg	$56.5M	$126.0M	50x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ARBUSD	−0.0098%	1h	0.2218	−0.089%	$1.1M	$4.5M	50x	as long as short
Orderly PERP_ARB_USDC	−0.0071%	8h	0.2216	−0.158%	$13K	$386K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2220	+0.002%	$66K	$5K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0013%	1h	0.2216	−0.139%	$11K	—	150x	as long as short
Binance ARBUSDT	+0.0014%	8h	0.2220	+0.035%	$64.7M	$307.5M	75x	as long as short
Extended ARB-USD	+0.0016%	1h	0.2220	+0.015%	$355K	$2.5M	25x	as long as short
ApeX Omni ARBUSDT	+0.0020%	1h	0.2227	+0.338%	$120K	$283K	50x	as long as short
BloFin ARB-USDT	+0.0055%	8h	0.2220	+0.009%	$3.1M	$2.7M	75x	as long as short
Phemex ARBUSDT	+0.0086%	8h	0.2219	−0.023%	$5.0M	$12.9M	50x	as long as short
Bitget ARBUSDT	+0.0086%	8h	0.2219	−0.023%	$21.2M	$34.7M	50x	as long as short
Aevo ARB-PERP	+0.0088%	1h	0.2217	−0.108%	$141K	$7K	3x	as long as short
BingX ARB-USDC	+0.0093%	8h	0.2218	−0.054%	—	$6.5M	—	as long as short
Lighter ARB	+0.0096%	1h	0.2217	−0.113%	$1.2M	$6.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2221	+0.063%	$38.5M	$49.8M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2219	−0.037%	$650K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2219	−0.033%	$42K	$175K	10x	as long as short
KuCoin ARBUSDTMshort	+0.0100%	8h	0.2222	+0.099%	$19.6M	$15.4M	75x
edgeX ARBUSDC	+0.0100%	4h	0.2221	+0.072%	$40K	$460K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2223	+0.140%	$482K	$3.6M	10x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2220	+0.023%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2218	−0.068%	$297K	$938K	50x	as long as short
Coinbase International ARB-PERP-INTX	+0.0224%	1h	0.2230	+0.473%	$509K	$2.0M	50x	as long as short
RISEx ARB/USDC	+0.0232%	1h	0.2220	+0.037%	$487K	$2.7M	10x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2217	−0.127%	$827K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0290%	1h	0.2216	−0.180%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0558%	1h	0.2222	+0.117%	$1.0M	$2.8M	20x	as long as short