Funding you earn now, next payment 04:00 UTC−0.0225%/8h= −24.6% APRnext payment −$1.12 per $10,000 · paid last 24h −0.031%
Price spread now: KuCoin against Binance+0.294%7-day average −0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,720as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,657as in the Price arb table
costs, in and out, $10k−$1,69916.988% of the position
Funding, last 7 days−0.209%−$21 on $10k
+Price spread, last 7 days−0.402%−$40 · spread now +0.294%, 7d avg −0.121%
=The price spread pays, funding is against you. KuCoin is 0.415% dearer against Binance than usual: you sell high and buy low (spread +0.294% now, against its 7-day average of −0.121%): +$42 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 6.2 days. At the pace of the last 7 days (−0.209% in total) that is about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARCUSDT | 0.08023 | 0.0437 | pay 0.0218% / 4h | 1h 29m | $24.9M | $6.9M | 20x |
| Short | KuCoin ARCUSDTM | 0.08047 | 0.0212 | get 0.0106% / 4h | 1h 29m | $1.3M | $1.8M | 20x |
Binance ARCUSDT
KuCoin ARCUSDTMFunding 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
- −$47.25
- Price spread: +0.294% → −0.121%
- $41.53
- Slippage, 4 orders
- −$1,676.85
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,704.57
- Costs to cover
- 16.988%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 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 Binance live order book, 11 min ago | 3.81 bp | 49.5 bp −$50 | 209.7 bp −$2,097 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 21.39 bp | 996.3 bp −$996 | doesn't fit | doesn't fit | doesn't fit |
ARC on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARC | +0.0096% | 1h | 0.08024 | +0.016% | $39K | $6K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.08016 | −0.087% | $3.1M | $231K | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.08024 | +0.012% | $2K | $1.5M | 20x | as long as short |
| KuCoin ARCUSDTMshort | +0.0212% | 4h | 0.08047 | +0.294% | $1.3M | $1.8M | 20x | |
| Aster ARCUSDT | +0.0427% | 4h | 0.07941 | −1.022% | $19K | $15K | 5x | as long as short |
| Binance ARCUSDTlong | +0.0437% | 4h | 0.08023 | long leg | $24.9M | $6.9M | 20x | |
| Extended ARC-USD | +0.0440% | 1h | 0.08027 | +0.047% | $34K | $194K | 5x | as long as short |
| BloFin ARC-USDT | +0.0441% | 4h | 0.07967 | −0.698% | $1.2M | $43K | 20x | as long as short |
| Kraken Futures PF_ARCUSD | +0.0809% | 1h | 0.07991 | −0.394% | $55K | $85K | 20x | as long as short |
| Bitget ARCUSDT | +0.0940% | 4h | 0.08030 | +0.087% | $1.7M | $527K | 10x | as long as short |
Lighter ARC
Gate ARC_USDT
SunX ARC-USDT
Aster ARCUSDT
Extended ARC-USD
BloFin ARC-USDT
Kraken Futures PF_ARCUSD
Bitget ARCUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARC-USDT | +0.1410% | 4h | 0.08030 | +0.087% | — | $1.7M | — | as long as short |
| Bybit ARCUSDT | +0.1571% | 4h | 0.08026 | +0.037% | $2.9M | $4.5M | 13x | as long as short |
BingX ARC-USDT
Bybit ARCUSDT