Funding you earn now, next payment 00:00 UTC−0.0102%/8h= −11.2% APRnext payment −$0.51 per $10,000 · paid last 24h +0.060%
Price spread now: KuCoin against Bitget−0.385%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$745as in the Funding arb table
Net, price: spread back to 7d avg − costs−$776as in the Price arb table
costs, in and out, $10k−$7447.440% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)+0.181%+$18 · spread now −0.385%, 7d avg −0.069%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.316% cheaper against Bitget than usual: you would sell low and buy high (−$32 if the spread goes back to its 7-day average of −0.069%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ARXUSDT | 0.2026 | 0.0236 | pay 0.0118% / 4h | 1h 58m | $1.9M | $1.7M | 20x |
| Short | KuCoin ARXUSDTM | 0.2018 | 0.0134 | get 0.0067% / 4h | 1h 58m | $728K | $652K | 20x |
Bitget ARXUSDT
KuCoin ARXUSDTMFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21.42
- Price spread: −0.385% → −0.069%
- −$31.57
- Slippage, 4 orders
- −$719.96
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$796.95
- Costs to cover
- 7.440%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 15 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, 3 min ago | 8.92 bp | 35.2 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 15 min ago | 11.11 bp | 363.0 bp −$363 | 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 | 0.2024 | −0.104% | $1.0M | $428K | 20x | as long as short |
| KuCoin ARXUSDTMshort | +0.0134% | 4h | 0.2018 | −0.385% | $728K | $652K | 20x | |
| BloFin ARX-USDT | +0.0156% | 4h | 0.2016 | −0.498% | $238K | $51K | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0173% | 4h | 0.2022 | −0.202% | $719K | $2.9M | 20x | as long as short |
| Bitget ARXUSDTlong | +0.0236% | 4h | 0.2026 | long leg | $1.9M | $1.7M | 20x | |
| Bybit ARXUSDT | +0.0297% | 4h | 0.2020 | −0.301% | $4.0M | $2.3M | 20x | as long as short |
| Binance ARXUSDT | +0.0379% | 4h | 0.2024 | −0.104% | $5.5M | $11.0M | 20x | as long as short |
| MEXC ARX_USDT | +0.0390% | 4h | 0.2020 | −0.301% | $867K | $399K | 20x | as long as short |
| BingX ARX-USDT | +0.0392% | 4h | 0.2020 | −0.301% | — | $1.6M | — | as long as short |
| Aster ARXUSDT | +0.0675% | 4h | 0.2019 | −0.365% | $101K | $72K | 10x | as long as short |
Gate ARX_USDT
BloFin ARX-USDT
OKX ARX-USDT-SWAP
Bybit ARXUSDT
Binance ARXUSDT
MEXC ARX_USDT
BingX ARX-USDT
Aster ARXUSDT