Funding you earn now, next payment 08:00 UTC−0.0041%/8h= −4.5% APRnext payment −$0.20 per $10,000 · paid last 24h −0.012%
Price spread now: KuCoin against BloFin−0.186%95s7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$556as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$5565.563% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.160%+$16 · spread now −0.186%, 7d avg −0.067%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.119% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.067%). Swap the legs. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARX-USDT | 0.2040 | 0.0141 | pay 0.0070% / 4h | 3h 17m | $239K | $42K | 20x |
| Short | KuCoin ARXUSDTM | 0.2036 | 0.0100 | get 0.0050% / 4h | 3h 17m | $713K | $828K | 20x |
BloFin ARX-USDT
KuCoin ARXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- −$8.57
- Price spread: −0.186% → −0.067%
- −$11.88
- Slippage, 4 orders
- −$532.26
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$576.72
- Costs to cover
- 5.563%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; KuCoin: live order book, 62 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 BloFin live order book, 4 min ago | 4.90 bp | 37.2 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 62 min ago | 13.63 bp | 234.6 bp −$235 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARXUSDT | +0.0100% | 4h | 0.2042 | +0.098% | $4.1M | $2.4M | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0100% | 4h | 0.2040 | 0.000% | $728K | $3.3M | 20x | as long as short |
| Gate ARX_USDT | +0.0100% | 4h | 0.2048 | +0.392% | $1.0M | $442K | 20x | as long as short |
| KuCoin ARXUSDTMshort | +0.0100% | 4h | 0.2036 | −0.186% | $713K | $828K | 20x | |
| Bitget ARXUSDT | +0.0100% | 4h | 0.2040 | +0.005% | $2.0M | $1.8M | 20x | as long as short |
| Binance ARXUSDT | +0.0130% | 4h | 0.2040 | 0.000% | $5.4M | $11.7M | 20x | as long as short |
| MEXC ARX_USDT | +0.0138% | 4h | 0.2041 | +0.049% | $870K | $436K | 20x | as long as short |
| BloFin ARX-USDTlong | +0.0141% | 4h | 0.2040 | long leg | $239K | $42K | 20x | |
| BingX ARX-USDT | +0.0170% | 4h | 0.2040 | 0.000% | — | $1.7M | — | as long as short |
| Aster ARXUSDT | +0.0412% | 4h | 0.2037 | −0.147% | $78K | $101K | 10x | as long as short |
Bybit ARXUSDT
OKX ARX-USDT-SWAP
Gate ARX_USDT
Bitget ARXUSDT
Binance ARXUSDT
MEXC ARX_USDT
BingX ARX-USDT
Aster ARXUSDT