Funding you earn now, next payment 04:00 UTC−0.0378%/8h= −41.4% APRnext payment −$1.89 per $10,000 · paid last 24h −0.094%
Price spread now: KuCoin against Binance−0.013%7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$732as in the Funding arb table
Net, price: spread back to 7d avg − costs−$683as in the Price arb table
costs, in and out, $10k−$6906.900% of the position
Funding, last 7 days−0.421%−$42 on $10k
+Price spread, last 4 days (all we have)−0.184%−$18 · spread now −0.013%, 7d avg −0.082%
=The price spread pays, funding is against you. KuCoin is 0.070% dearer against Binance than usual: you sell high and buy low (spread −0.013% now, against its 7-day average of −0.082%): +$7 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 15 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ARXUSDT | 0.2000 | 0.0478 | pay 0.0239% / 4h | 3h 51m | $5.4M | $11.2M | 20x |
| Short | KuCoin ARXUSDTM | 0.1999 | 0.0100 | get 0.0050% / 4h | 3h 51m | $708K | $735K | 20x |
Binance ARXUSDT
KuCoin ARXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- −$79.38
- Price spread: −0.013% → −0.082%
- $6.96
- Slippage, 4 orders
- −$667.96
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$762.38
- Costs to cover
- 6.900%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; KuCoin: 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 Binance live order book, 4 min ago | 4.99 bp | 33.3 bp −$33 | 332.0 bp −$3,320 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 6.97 bp | 246.0 bp −$246 | doesn't fit | doesn't fit | doesn't fit |
ARX on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ARX_USDT | +0.0100% | 4h | 0.2009 | +0.473% | $1.0M | $412K | 20x | as long as short |
| KuCoin ARXUSDTMshort | +0.0100% | 4h | 0.1999 | −0.013% | $708K | $735K | 20x | |
| Bybit ARXUSDT | +0.0303% | 4h | 0.2003 | +0.172% | $4.0M | $2.3M | 20x | as long as short |
| Bitget ARXUSDT | +0.0362% | 4h | 0.2000 | +0.022% | $1.9M | $1.7M | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0436% | 4h | 0.2001 | +0.072% | $722K | $3.0M | 20x | as long as short |
| BingX ARX-USDT | +0.0476% | 4h | 0.1999 | −0.028% | — | $1.7M | — | as long as short |
| Binance ARXUSDTlong | +0.0478% | 4h | 0.2000 | long leg | $5.4M | $11.2M | 20x | |
| MEXC ARX_USDT | +0.0488% | 4h | 0.2000 | +0.022% | $860K | $415K | 20x | as long as short |
| BloFin ARX-USDT | +0.0501% | 4h | 0.2004 | +0.222% | $235K | $49K | 20x | as long as short |
| Aster ARXUSDT | +0.0651% | 4h | 0.2000 | +0.036% | $79K | $98K | 10x | as long as short |
Gate ARX_USDT
Bybit ARXUSDT
Bitget ARXUSDT
OKX ARX-USDT-SWAP
BingX ARX-USDT
MEXC ARX_USDT
BloFin ARX-USDT
Aster ARXUSDT