Funding you earn now, next payment 05:00 UTC+0.0060%/8h= +6.5% APRpaid last 24h +0.031%
Price spread now: KuCoin against Arcus−0.112%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. KuCoin is 0.112% cheaper against Arcus than usual: you would sell low and buy high (spread −0.112% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 6.2 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus COIN-USD | 196.90 | 0.0040 | pay 0.0005% / 1h | 37m 57s | $15K | $55K | 5x |
| Short | KuCoin COINUSDTM | 196.68 | 0.0100 | get 0.0100% / 8h | 3h 37m | $992K | $143K | 20x |
Arcus COIN-USD
KuCoin COINUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Arcus. 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
- $12.54
- Price spread: −0.112% → 0.000%
- −$11.17
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$15.13
- Costs to cover
- 0.165%
- Break-even
- 15.4 days
Slippage unknown: Arcus: no order-book sample; KuCoin: live order book, 52 min ago. Net counts fees only.
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 Arcus no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 52 min ago | 16.48 bp | 59.8 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
Arcus: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0693% | 8h | 196.82 | −0.041% | $6.3M | $10.4M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 196.76 | −0.071% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0224% | 8h | 196.75 | −0.076% | $1.2M | $7.3M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0110% | 1h | 196.04 | −0.437% | — | $266K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 196.79 | −0.056% | $343K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 196.68 | −0.109% | $116K | $690K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 196.73 | −0.086% | $14.7M | $79.9M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 196.76 | −0.071% | $4.8M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.67 | −0.117% | $3.0M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 196.74 | −0.081% | $684K | $939K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 196.77 | −0.068% | $10K | $2.4M | 10x | as long as short |
| QFEX COIN-USD | +0.0020% | 1h | 196.55 | −0.178% | $1.3M | $3.2M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 196.63 | −0.137% | $451K | $1.5M | 10x | as long as short |
| Arcus COIN-USDlong | +0.0040% | 1h | 196.90 | long leg | $15K | $55K | 5x | |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.62 | −0.142% | $15.4M | $13.6M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.52 | −0.193% | $134K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 196.68 | −0.112% | $77 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.51 | −0.198% | $350K | $2.7M | 10x | as long as short |
| edgeX COINUSDC | +0.0061% | 4h | 196.73 | −0.087% | $51K | $294K | 10x | as long as short |
| KuCoin COINUSDTMshort | +0.0100% | 8h | 196.68 | −0.112% | $992K | $143K | 20x | |
| ApeX Omni COINUSDT | +0.0100% | 1h | 196.98 | +0.041% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.65 | −0.127% | $569 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.67 | −0.117% | $116 | — | 10x | as long as short |
| Lighter COIN | +0.0120% | 1h | 196.66 | −0.123% | $340K | $2.0M | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 196.73 | −0.086% | $188K | $392K | 20x | as long as short |
| Phoenix COIN | +0.0122% | 1h | 196.84 | −0.030% | $4K | $283K | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter RH COIN
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
edgeX COINUSDC
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Lighter COIN
BloFin COIN-USDT
Phoenix COIN