Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0091%/8h= −9.9% APRpaid last 24h −0.028%

Price spread now: gTrade (Gains Network) against KuCoin+0.079%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.079% dearer against KuCoin than usual: you sell high and buy low (spread +0.079% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ARBUSDTM	0.2213	0.0100	pay 0.0100% / 8h	1h 39m	$19.7M	$14.3M	75x
Short	gTrade (Gains Network) ARB/USD	0.2215	L +0.0005% / S −0.0009%	get 0.0001% / 1h	39m 40s	$44K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.079%Rate

Funding earned: −$19.03
Price spread: +0.079% → 0.000%: $7.91
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$33.12
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 9 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

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, 9 min ago	1.58 bp	24.9 bp −$25	46.1 bp −$461	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.2204	−0.402%	$40K	$372K	12x	as long as short
Polymarket Perps ARB-USD	−0.0215%	1h	0.2214	+0.068%	$68K	$2.1M	10x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0111%	1h	0.2214	+0.036%	$28K	$38K	25x	as long as short
SoDEX ARB-USD	−0.0093%	1h	0.2213	−0.014%	$9K	$2.2M	5x	as long as short
OKX ARB-USDT-SWAP	−0.0079%	8h	0.2212	−0.050%	$22.2M	$146.7M	50x	as long as short
MEXC ARB_USDT	−0.0078%	8h	0.2212	−0.036%	$42.2M	$61.7M	200x	as long as short
01 Exchange ARBUSD	−0.0072%	1h	0.2216	+0.122%	$7K	$236	10x	as long as short
Variational Omni ARB	−0.0064%	8h	0.2212	−0.024%	$1.8M	$3.0M	—	as long as short
Orderly PERP_ARB_USDC	−0.0044%	8h	0.2214	+0.050%	$12K	$406K	10x	as long as short
Bybit ARBUSDT	−0.0018%	8h	0.2212	−0.032%	$54.4M	$126.5M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ARB-USD	0.0000%	1h	0.2217	+0.165%	$66K	$5K	10x	as long as short
gTrade (Gains Network) ARB/USDshort	L +0.0005% / S −0.0009%	1h	0.2215	+0.079%	$44K	—	150x
Gate ARB_USDT	+0.0054%	8h	0.2213	−0.005%	$5.4M	$18.3M	60x	as long as short
RISEx ARB/USDC	+0.0056%	1h	0.2213	−0.013%	$463K	$2.6M	10x	as long as short
Bitget ARBUSDT	+0.0057%	8h	0.2212	−0.041%	$21.2M	$34.8M	50x	as long as short
Binance ARBUSDT	+0.0092%	8h	0.2212	−0.023%	$63.2M	$301.9M	75x	as long as short
BingX ARB-USDT	+0.0095%	8h	0.2212	−0.032%	—	$53.0M	—	as long as short
Lighter ARB	+0.0096%	1h	0.2212	−0.041%	$1.3M	$5.5M	15x	as long as short
Extended ARB-USD	+0.0096%	1h	0.2211	−0.078%	$352K	$2.8M	25x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2215	+0.072%	$37.5M	$49.3M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2214	+0.071%	$635K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2212	−0.022%	$43K	$149K	10x	as long as short
KuCoin ARBUSDTMlong	+0.0100%	8h	0.2213	long leg	$19.7M	$14.3M	75x
edgeX ARBUSDC	+0.0100%	4h	0.2214	+0.067%	$39K	$465K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2215	+0.096%	$481K	$3.7M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2218	+0.230%	$120K	$282K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2217	+0.185%	$2K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2215	+0.099%	$296K	$872K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2213	+0.005%	$5.0M	$12.8M	50x	as long as short
Aevo ARB-PERP	+0.0104%	1h	0.2215	+0.072%	$140K	$7K	3x	as long as short
BloFin ARB-USDT	+0.0213%	8h	0.2213	−0.005%	$3.1M	$2.4M	75x	as long as short
Kraken Futures PF_ARBUSD	+0.0230%	1h	0.2214	+0.071%	$1.1M	$4.5M	50x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0276% / S −0.0158%	1h	0.2214	+0.048%	$836K	—	150x	as long as short
Coinbase International ARB-PERP-INTX	+0.0288%	1h	0.2221	+0.357%	$520K	$1.6M	50x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2213	−0.008%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0653%	1h	0.2217	+0.190%	$994K	$2.8M	20x	as long as short