ARC

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0184%/8h= +20.1% APRnext payment +$0.92 per $10,000 · paid last 24h +0.094%

Price spread now: Bybit against KuCoin−0.183%7-day average −0.082% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,618as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,635as in the Price arb table

costs, in and out, $10k−$1,62516.246% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.070%+$7 on $10k

Price spread, last 7 days+0.297%+$30 · spread now −0.183%, 7d avg −0.082%

Together, before fees+0.367%+$37 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.101% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.183% now, against its 7-day average of −0.082%). If the spread goes back, that is −$10 on $10k: about 44 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.070% in total) that is about 10 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.070% in total (about 3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.92 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ARCUSDTM	0.08087	0.0100	pay 0.0050% / 4h	1h 07m	$1.3M	$1.6M	20x
Short	Bybit ARCUSDT	0.08072	0.0284	get 0.0142% / 4h	1h 07m	$3.0M	$3.8M	13x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BybitbpOrdersPrice spread, now −0.183%Rate

Funding earned: $38.59
Price spread: −0.183% → −0.082%: −$10.12
Slippage, 4 orders: −$1,601.61
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$1,596.14
Costs to cover: 16.246%
Break-even: 296.6 days

Slippage from KuCoin: live order book, 1 min ago; Bybit: live order book, 3 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, 1 min ago	19.96 bp	764.4 bp −$764	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	1.86 bp	103.1 bp −$103	305.7 bp −$3,057	doesn't fit	doesn't fit

ARC on 12 exchanges

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	0.08078	−0.109%	$39K	$6K	3x	as long as short
Aster ARCUSDT	+0.0100%	4h	0.08074	−0.156%	$19K	$14K	5x	as long as short
Binance ARCUSDT	+0.0100%	4h	0.08084	−0.035%	$25.1M	$5.2M	20x	as long as short
Gate ARC_USDT	+0.0100%	4h	0.08063	−0.294%	$3.1M	$187K	20x	as long as short
KuCoin ARCUSDTMlong	+0.0100%	4h	0.08087	long leg	$1.3M	$1.6M	20x
SunX ARC-USDT	+0.0100%	4h	0.08068	−0.232%	$1K	$1.1M	20x	as long as short
Extended ARC-USD	+0.0104%	1h	0.08081	−0.066%	$35K	$224K	5x	as long as short
Bitget ARCUSDT	+0.0142%	4h	0.08075	−0.146%	$1.7M	$410K	10x	as long as short
BloFin ARC-USDT	+0.0149%	4h	0.08056	−0.381%	$1.3M	$38K	20x	as long as short
Bybit ARCUSDTshort	+0.0284%	4h	0.08072	−0.183%	$3.0M	$3.8M	13x

Show all 12 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ARC-USDT	+0.0308%	4h	0.08080	−0.084%	—	$1.7M	—	as long as short
Kraken Futures PF_ARCUSD	+0.0933%	1h	0.08051	−0.441%	$55K	$49K	20x	as long as short