Funding arb · Price arb /

ARK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.015%

Price spread now: KuCoin against Bitget−0.257%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$413as in the Funding arb table

Net, price: spread back to 7d avg − costs−$416as in the Price arb table

costs, in and out, $10k−$3913.909% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.221%−$22 on $10k

Price spread, last 4 days (all we have)+0.363%+$36 · spread now −0.257%, 7d avg −0.007%

Together, before fees+0.142%+$14 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.249% cheaper against Bitget than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of −0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ARKUSDT	0.1559	0.0100	pay 0.0050% / 4h	2h 30m	$406K	$257K	25x
Short	KuCoin ARKUSDTM	0.1555	0.0100	get 0.0050% / 4h	2h 30m	$779K	$47K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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 BitgetbpFee KuCoinbpOrdersPrice spread, now −0.257%Rate

Funding earned: $0
Price spread: −0.257% → −0.007%: −$24.93
Slippage, 4 orders: −$366.86
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$415.79
Costs to cover: 3.909%
Break-even: never at this rate

Slippage from Bitget: live order book, 10 min ago; KuCoin: live order book, 54 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 Bitget live order book, 10 min ago	6.38 bp	32.7 bp −$33	224.5 bp −$2,245	doesn't fit	doesn't fit
Sell KuCoin live order book, 54 min ago	9.64 bp	212.5 bp −$213	doesn't fit	doesn't fit	doesn't fit

ARK on 8 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
Binance ARKUSDT	+0.0100%	4h	0.1562	+0.192%	$3.4M	$4.2M	40x	as long as short
Bybit ARKUSDT	+0.0100%	4h	0.1558	−0.071%	$1.3M	$1.1M	25x	as long as short
Gate ARK_USDT	+0.0100%	8h	0.1559	0.000%	$195K	$133K	25x	as long as short
MEXC ARK_USDT	+0.0100%	4h	0.1561	+0.128%	$491K	$158K	20x	as long as short
KuCoin ARKUSDTMshort	+0.0100%	4h	0.1555	−0.257%	$779K	$47K	30x
Bitget ARKUSDTlong	+0.0100%	4h	0.1559	long leg	$406K	$257K	25x
BingX ARK-USDT	+0.0100%	4h	0.1559	0.000%	—	$2.3M	—	as long as short
Variational Omni ARK	+0.0104%	4h	0.1552	−0.480%	$19K	$1K	—	as long as short