Funding you earn now, next payment 01:00 UTC+0.0237%/8h= +25.9% APRpaid last 24h +0.018%
Price spread now: KuCoin against Kraken Futures+0.023%7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$730.731% of the position
Funding, last 7 days+0.193%+$19 on $10k
+Price spread, last 3 days (all we have)−0.505%−$50 · spread now +0.023%, 7d avg −0.048%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and KuCoin is 0.072% dearer against Kraken Futures than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ARBUSD | 0.2273 | −0.0137 | get 0.0017% / 1h | 23m 07s | $1.1M | $4.9M | 50x |
| Short | KuCoin ARBUSDTM | 0.2274 | 0.0100 | get 0.0100% / 8h | 7h 23m | $19.8M | $15.8M | 75x |
Kraken Futures PF_ARBUSD
KuCoin ARBUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Kraken Futures. 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
- $49.74
- Price spread: +0.023% → −0.048%
- $7.15
- Slippage, 4 orders
- −$51.07
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$16.18
- Costs to cover
- 0.731%
- Break-even
- 9.3 days
Slippage from Kraken Futures: live order book, 1 min ago; KuCoin: live order book, 6 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 Kraken Futures live order book, 1 min ago | 10.09 bp | 19.7 bp −$20 | 28.0 bp −$280 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 1.55 bp | 15.5 bp −$15 | 40.6 bp −$406 | 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 | −0.1666% | 1h | 0.2262 | −0.504% | $41K | $372K | 12x | as long as short |
| Variational Omni ARB | −0.0204% | 8h | 0.2268 | −0.259% | $2.0M | $2.8M | — | as long as short |
| 01 Exchange ARBUSD | −0.0144% | 1h | 0.2277 | +0.169% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSDlong | −0.0137% | 1h | 0.2273 | long leg | $1.1M | $4.9M | 50x | |
| MEXC ARB_USDT | −0.0112% | 8h | 0.2272 | −0.069% | $38.9M | $59.2M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0111% | 8h | 0.2271 | −0.113% | $22.9M | $158.2M | 50x | as long as short |
| Bybit ARBUSDT | −0.0108% | 8h | 0.2271 | −0.109% | $58.9M | $126.7M | 50x | as long as short |
| SoDEX ARB-USD | −0.0061% | 1h | 0.2272 | −0.047% | $4K | $2.5M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0048% | 8h | 0.2274 | +0.023% | $13K | $388K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0014% | 1h | 0.2274 | +0.023% | $25K | $34K | 25x | as long as short |
Injective ARB/USDC PERP
Variational Omni ARB
01 Exchange ARBUSD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Bybit ARBUSDT
SoDEX ARB-USD
Orderly PERP_ARB_USDC
Deribit ARB_USDC-PERPETUALShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2277 | +0.135% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2277 | +0.144% | $33K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0005% | 8h | 0.2271 | −0.111% | $66.9M | $309.9M | 75x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2271 | −0.091% | $365K | $3.1M | 25x | as long as short |
| Phemex ARBUSDT | +0.0033% | 8h | 0.2275 | +0.067% | $5.2M | $13.0M | 50x | as long as short |
| BloFin ARB-USDT | +0.0059% | 8h | 0.2275 | +0.067% | $3.1M | $2.9M | 75x | as long as short |
| BingX ARB-USDT | +0.0074% | 8h | 0.2271 | −0.091% | — | $54.2M | — | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2275 | +0.052% | $144K | $7K | 3x | as long as short |
| Bitget ARBUSDT | +0.0083% | 8h | 0.2271 | −0.109% | $21.7M | $35.6M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2274 | +0.041% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2274 | +0.015% | $41.0M | $47.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2278 | +0.208% | $708K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2278 | +0.194% | $45K | $185K | 10x | as long as short |
| Gate ARB_USDT | +0.0100% | 8h | 0.2273 | −0.012% | $5.5M | $19.8M | 60x | as long as short |
| KuCoin ARBUSDTMshort | +0.0100% | 8h | 0.2274 | +0.023% | $19.8M | $15.8M | 75x | |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2271 | −0.094% | $41K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2272 | −0.043% | $482K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2259 | −0.636% | $122K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2279 | +0.235% | $65K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2274 | +0.023% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2273 | −0.029% | $296K | $973K | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2279 | +0.239% | $514K | $2.3M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0288% / S −0.0175% | 1h | 0.2277 | +0.167% | $901K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2277 | +0.141% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2280 | +0.301% | $520K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0575% | 1h | 0.2276 | +0.103% | $1.0M | $2.8M | 20x | as long as short |
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
Phemex ARBUSDT
BloFin ARB-USDT
BingX ARB-USDT
Aevo ARB-PERP
Bitget ARBUSDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Gate ARB_USDT
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP