ARC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0802%/8h= +87.8% APRnext payment +$4.01 per $10,000 · paid last 24h −0.064%

Price spread now: Bitget against KuCoin−0.180%7-day average +0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,654as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,667as in the Price arb table

costs, in and out, $10k−$1,64716.469% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.076%−$8 on $10k

Price spread, last 7 days+0.082%+$8 · spread now −0.180%, 7d avg +0.019%

Together, before fees+0.006%+$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.198% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.180% now, against its 7-day average of +0.019%). If the spread goes back, that is −$20 on $10k: about 20 hours of funding at the current rate (+$24 a day). Mind the row above: over the last 7 days funding on this pair cost −0.076%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.076% in total (about -4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.01 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	0.07846	0.0148	pay 0.0074% / 4h	19m 24s	$1.3M	$1.8M	20x
Short	Bitget ARCUSDT	0.07832	0.0950	get 0.0475% / 4h	19m 24s	$1.7M	$518K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.180%Rate

Funding earned: $168.42
Price spread: −0.180% → +0.019%: −$19.83
Slippage, 4 orders: −$1,622.89
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$1,498.3
Costs to cover: 16.469%
Break-even: 69.3 days

Slippage from KuCoin: live order book, 2 min ago; Bitget: live order book, 2 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	29.52 bp	653.1 bp −$653	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	7.02 bp	52.8 bp −$53	352.6 bp −$3,526	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	0.07825	−0.264%	$38K	$6K	3x	as long as short
Aster ARCUSDT	+0.0100%	4h	0.07803	−0.549%	$19K	$15K	5x	as long as short
Gate ARC_USDT	+0.0100%	4h	0.07821	−0.320%	$3.0M	$228K	20x	as long as short
SunX ARC-USDT	+0.0100%	4h	0.07817	−0.371%	$1K	$1.4M	20x	as long as short
KuCoin ARCUSDTMlong	+0.0148%	4h	0.07846	long leg	$1.3M	$1.8M	20x
BloFin ARC-USDT	+0.0435%	4h	0.07838	−0.103%	$1.2M	$41K	20x	as long as short
Binance ARCUSDT	+0.0484%	4h	0.07831	−0.192%	$24.3M	$6.8M	20x	as long as short
Extended ARC-USD	+0.0488%	1h	0.07828	−0.230%	$30K	$195K	5x	as long as short
Bitget ARCUSDTshort	+0.0950%	4h	0.07832	−0.180%	$1.7M	$518K	10x
BingX ARC-USDT	+0.1128%	4h	0.07829	−0.218%	—	$1.7M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ARCUSDT	+0.1158%	4h	0.07814	−0.409%	$2.8M	$4.6M	13x	as long as short
Kraken Futures PF_ARCUSD	+0.1483%	1h	0.07803	−0.548%	$53K	$85K	20x	as long as short