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

ARC

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0214%/8h= +23.4% APRnext payment +$1.07 per $10,000 · paid last 24h +0.030%
Price spread now: BloFin against KuCoin−0.343%95s7-day average +0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,668as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1,68816.878% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.201%+$20 on $10k
Price spread, last 4 days (all we have)+0.405%+$40 · spread now −0.343%, 7d avg +0.118%
Together, before fees+0.606%+$61 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.461% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.343% now, against its 7-day average of +0.118%). If the spread goes back, that is −$46 on $10k: about 7.2 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.201% in total) that is about 16 days. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ARCUSDTM0.080160.0198pay 0.0099% / 4h1h 27m$1.3M$1.8M20x
ShortBloFin ARC-USDT0.079880.0412get 0.0206% / 4h1h 27m$1.2M$43K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$44.88
Price spread: −0.343% → +0.118%
−$46.08
Slippage, 4 orders
−$1,663.83
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$1,689.03
Costs to cover
16.878%
Break-even
270.4 days
Slippage from KuCoin: live order book, 8 min ago; BloFin: live order book, 5 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 KuCoin live order book, 8 min ago21.39 bp594.2 bp −$594doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago0.63 bp24.3 bp −$2499.7 bp −$997doesn'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%1h0.07956−0.739%$38K$6K3xas long as short
Gate ARC_USDT+0.0100%4h0.07956−0.742%$3.1M$233K20xas long as short
SunX ARC-USDT+0.0100%4h0.07955−0.755%$1K$1.5M20xas long as short
KuCoin ARCUSDTMlong+0.0198%4h0.08016long leg$1.3M$1.8M20x
Aster ARCUSDT+0.0411%4h0.07899−1.453%$19K$15K5xas long as short
BloFin ARC-USDTshort+0.0412%4h0.07988−0.343%$1.2M$43K20x
Binance ARCUSDT+0.0429%4h0.07977−0.475%$24.7M$6.9M20xas long as short
Extended ARC-USD+0.0432%1h0.07977−0.481%$34K$194K5xas long as short
Kraken Futures PF_ARCUSD+0.0815%1h0.07935−1.005%$54K$85K20xas long as short
Bitget ARCUSDT+0.0924%4h0.07972−0.543%$1.7M$530K10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ARC-USDT+0.1558%4h0.07973−0.530%$1.7Mas long as short
Bybit ARCUSDT+0.1597%4h0.07963−0.655%$2.9M$4.5M13xas long as short