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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARC-USDT | 0.07756 | 0.0940 | pay 0.0470% / 4h | 3h 21m | — | $1.7M | — |
| Short | KuCoin ARCUSDTM | 0.07763 | 0.0100 | get 0.0050% / 4h | 3h 21m | $1.3M | $1.7M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 11 min ago | 5.19 bp | 42.7 bp −$43 | 232.7 bp −$2,327 | 657.7 bp −$65.8K | 968.5 bp −$484.2K |
| Sell KuCoin live order book, 4 min ago | 30.62 bp | 732.8 bp −$733 | 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 | 0.07742 | −0.182% | $37K | $6K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07737 | −0.245% | $3.0M | $215K | 20x | as long as short |
| KuCoin ARCUSDTMshort | +0.0100% | 4h | 0.07763 | +0.095% | $1.3M | $1.7M | 20x | |
| SunX ARC-USDT | +0.0100% | 4h | 0.07734 | −0.284% | $1K | $1.4M | 20x | as long as short |
| Bybit ARCUSDT | +0.0340% | 4h | 0.07735 | −0.271% | $2.7M | $4.6M | 13x | as long as short |
| Aster ARCUSDT | +0.0401% | 4h | 0.07732 | −0.311% | $18K | $15K | 5x | as long as short |
| BloFin ARC-USDT | +0.0590% | 4h | 0.07722 | −0.438% | $1.2M | $38K | 20x | as long as short |
| Binance ARCUSDT | +0.0629% | 4h | 0.07750 | −0.075% | $24.0M | $6.7M | 20x | as long as short |
| Extended ARC-USD | +0.0632% | 1h | 0.07748 | −0.104% | $32K | $198K | 5x | as long as short |
| Kraken Futures PF_ARCUSD | +0.0761% | 1h | 0.07734 | −0.287% | $53K | $86K | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARC-USDTlong | +0.0940% | 4h | 0.07756 | long leg | — | $1.7M | — | |
| Bitget ARCUSDT | +0.0986% | 4h | 0.07746 | −0.129% | $1.7M | $515K | 10x | as long as short |
BingX ARC-USDT
KuCoin ARCUSDTM
Lighter ARC
Gate ARC_USDT
SunX ARC-USDT
Bybit ARCUSDT
Aster ARCUSDT
BloFin ARC-USDT
Binance ARCUSDT
Extended ARC-USD
Kraken Futures PF_ARCUSD
Bitget ARCUSDT