Funding you earn now, next payment 00:00 UTC+0.0800%/8h= +87.6% APRnext payment +$4.00 per $10,000 · paid last 24h +0.077%
Price spread now: BingX against KuCoin+0.301%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,308as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,307as in the Price arb table
costs, in and out, $10k−$1,33213.320% of the position
Funding, last 7 days+0.243%+$24 on $10k
+Price spread, last 7 days−0.264%−$26 · spread now +0.301%, 7d avg +0.050%
=Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and BingX is 0.251% dearer against KuCoin than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.050%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.243% in total (about 12.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.00 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 | KuCoin ARCUSDTM | 0.07786 | 0.0538 | pay 0.0269% / 4h | 1h 48m | $1.3M | $1.8M | 20x |
| Short | BingX ARC-USDT | 0.07809 | 0.1338 | get 0.0669% / 4h | 1h 48m | — | $1.7M | — |
KuCoin ARCUSDTM
BingX ARC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- $168
- Price spread: +0.301% → +0.050%
- $25.09
- Slippage, 4 orders
- −$1,309.99
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$1,138.9
- Costs to cover
- 13.320%
- Break-even
- 54.5 days
Slippage from KuCoin: live order book, 2 min ago; BingX: live order book, 13 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 KuCoin live order book, 2 min ago | 21.36 bp | 627.0 bp −$627 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 6.43 bp | 46.7 bp −$47 | 154.3 bp −$1,543 | 507.3 bp −$50.7K | 851.7 bp −$425.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARCUSD | −0.0084% | 1h | 0.07787 | +0.017% | $50K | $83K | 20x | as long as short |
| Lighter ARC | +0.0096% | 1h | 0.07794 | +0.112% | $42K | $2K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07785 | −0.008% | $3.0M | $327K | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07800 | +0.185% | $2K | $1.5M | 20x | as long as short |
| KuCoin ARCUSDTMlong | +0.0538% | 4h | 0.07786 | long leg | $1.3M | $1.8M | 20x | |
| BloFin ARC-USDT | +0.0630% | 4h | 0.07790 | +0.057% | $1.2M | $61K | 20x | as long as short |
| Bitget ARCUSDT | +0.0638% | 4h | 0.07816 | +0.390% | $1.7M | $539K | 10x | as long as short |
| Extended ARC-USD | +0.0648% | 1h | 0.07813 | +0.349% | $30K | $118K | 5x | as long as short |
| Binance ARCUSDT | +0.0651% | 4h | 0.07816 | +0.393% | $24.2M | $7.2M | 20x | as long as short |
| Aster ARCUSDT | +0.1187% | 4h | 0.07807 | +0.280% | $19K | $16K | 5x | as long as short |
Kraken Futures PF_ARCUSD
Lighter ARC
Gate ARC_USDT
SunX ARC-USDT
BloFin ARC-USDT
Bitget ARCUSDT
Extended ARC-USD
Binance ARCUSDT
Aster ARCUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARCUSDT | +0.1231% | 4h | 0.07796 | +0.134% | $2.7M | $4.3M | 13x | as long as short |
| BingX ARC-USDTshort | +0.1338% | 4h | 0.07809 | +0.301% | — | $1.7M | — |
Bybit ARCUSDT