Settings8H · net · $10k
Funding arb · Price arb /

ARC

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0840%/8h= −92.0% APRnext payment $4.20 per $10,000 · paid last 24h −0.103%
Price spread now: KuCoin against BingX+0.095%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,510as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,463as in the Price arb table
costs, in and out, $10k−$1,47714.767% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.331%−$33 on $10k
Price spread, last 7 days−0.137%−$14 · spread now +0.095%, 7d avg −0.042%
Together, before fees−0.468%−$47 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.137% dearer against BingX than usual: you sell high and buy low (spread +0.095% now, against its 7-day average of −0.042%): +$14 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.331% in total) that is about 2.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.331% in total (about -17.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $4.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ARC-USDT0.077560.0940pay 0.0470% / 4h3h 21m$1.7M
ShortKuCoin ARCUSDTM0.077630.0100get 0.0050% / 4h3h 21m$1.3M$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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

Funding earned
−$176.4
Price spread: +0.095% → −0.042%
$13.75
Slippage, 4 orders
−$1,454.66
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,639.31
Costs to cover
14.767%
Break-even
never at this rate
Slippage from BingX: live order book, 11 min ago; KuCoin: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 11 min ago5.19 bp42.7 bp −$43232.7 bp −$2,327657.7 bp −$65.8K968.5 bp −$484.2K
Sell KuCoin live order book, 4 min ago30.62 bp732.8 bp −$733doesn't fitdoesn't fitdoesn't fit

ARC on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ARC+0.0096%1h0.07742−0.182%$37K$6K3xas long as short
Gate ARC_USDT+0.0100%4h0.07737−0.245%$3.0M$215K20xas long as short
KuCoin ARCUSDTMshort+0.0100%4h0.07763+0.095%$1.3M$1.7M20x
SunX ARC-USDT+0.0100%4h0.07734−0.284%$1K$1.4M20xas long as short
Bybit ARCUSDT+0.0340%4h0.07735−0.271%$2.7M$4.6M13xas long as short
Aster ARCUSDT+0.0401%4h0.07732−0.311%$18K$15K5xas long as short
BloFin ARC-USDT+0.0590%4h0.07722−0.438%$1.2M$38K20xas long as short
Binance ARCUSDT+0.0629%4h0.07750−0.075%$24.0M$6.7M20xas long as short
Extended ARC-USD+0.0632%1h0.07748−0.104%$32K$198K5xas long as short
Kraken Futures PF_ARCUSD+0.0761%1h0.07734−0.287%$53K$86K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ARC-USDTlong+0.0940%4h0.07756long leg$1.7M
Bitget ARCUSDT+0.0986%4h0.07746−0.129%$1.7M$515K10xas long as short