Settings8H · net · $10k
Funding arb · Price arb /

ARB

all ARB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.31 per $10,000 · paid last 24h +0.005%
Price spread now: KuCoin against Bitget+0.068%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$620.616% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.100%+$10 on $10k
Price spread, last 7 days−0.023%−$2 · spread now +0.068%, 7d avg +0.044%
Together, before fees+0.077%+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.024% dearer against Bitget than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ARBUSDT0.22100.0069pay 0.0069% / 8h4h 20m$21.0M$34.8M50x
ShortKuCoin ARBUSDTM0.22120.0100get 0.0100% / 8h4h 20m$19.6M$15.0M75x

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

Funding earned
$6.51
Price spread: +0.068% → +0.044%
$2.39
Slippage, 4 orders
−$37.58
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$52.67
Costs to cover
0.616%
Break-even
63.6 days
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 4 min ago2.26 bp12.6 bp −$1320.2 bp −$202114.8 bp −$11.5Kdoesn't fit
Sell KuCoin live order book, 4 min ago2.03 bp20.3 bp −$2048.2 bp −$482doesn't fitdoesn't fit

ARB on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ARB/USDC PERP−0.1649%1h0.2207−0.136%$40K$372K12xas long as short
01 Exchange ARBUSD−0.0168%1h0.2210+0.018%$7K$2K10xas long as short
Polymarket Perps ARB-USD−0.0138%1h0.22100.000%$98K$2.2M10xas long as short
OKX ARB-USDT-SWAP−0.0131%8h0.2212+0.068%$22.3M$149.1M50xas long as short
MEXC ARB_USDT−0.0130%8h0.2211+0.036%$42.0M$60.8M200xas long as short
Variational Omni ARB−0.0098%8h0.2211+0.034%$1.8M$2.9Mas long as short
Orderly PERP_ARB_USDC−0.0072%8h0.2211+0.045%$12K$397K10xas long as short
Gate ARB_USDT−0.0060%8h0.2212+0.068%$5.3M$18.8M60xas long as short
Bybit ARBUSDT−0.0025%8h0.2211+0.050%$55.9M$127.0M50xas long as short
Kraken Futures PF_ARBUSD−0.0006%1h0.2212+0.087%$1.1M$4.4M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ARB-USD0.0000%1h0.2214+0.163%$65K$5K10xas long as short
Deribit ARB_USDC-PERPETUAL0.0000%1h0.2211+0.045%$24K$34K25xas long as short
gTrade (Gains Network) ARB/USDL +0.0005% / S −0.0006%1h0.2211+0.064%$32K150xas long as short
Binance ARBUSDT+0.0024%8h0.2212+0.068%$64.3M$307.7M75xas long as short
Extended ARB-USD+0.0024%1h0.2210−0.016%$354K$2.5M25xas long as short
SoDEX ARB-USD+0.0034%1h0.2210+0.023%$10K$2.3M5xas long as short
BingX ARB-USDT+0.0068%8h0.2210+0.023%$53.9Mas long as short
Bitget ARBUSDTlong+0.0069%8h0.2210long leg$21.0M$34.8M50x
Aevo ARB-PERP+0.0088%1h0.2212+0.073%$140K$7K3xas long as short
BloFin ARB-USDT+0.0094%8h0.2212+0.100%$3.1M$2.6M75xas long as short
Lighter ARB+0.0096%1h0.2211+0.041%$1.2M$5.8M15xas long as short
Hyperliquid ARB+0.0100%1h0.2213+0.122%$38.0M$48.9M10xas long as short
Aster ARBUSDT+0.0100%8h0.2211+0.036%$636K$1.6M20xas long as short
Pacifica ARB+0.0100%1h0.2213+0.113%$43K$169K10xas long as short
KuCoin ARBUSDTMshort+0.0100%8h0.2212+0.068%$19.6M$15.0M75x
edgeX ARBUSDC+0.0100%4h0.2214+0.161%$40K$461K20xas long as short
GRVT ARB_USDT_Perp+0.0100%8h0.2214+0.181%$470K$3.6M10xas long as short
ApeX Omni ARBUSDT+0.0100%1h0.2217+0.317%$120K$284K50xas long as short
SunX ARB-USDT+0.0100%8h0.2213+0.136%$2K$1.1M30xas long as short
HTX ARB-USDT+0.0100%8h0.2212+0.072%$300K$951K50xas long as short
Phemex ARBUSDT+0.0100%8h0.2212+0.090%$5.0M$13.0M50xas long as short
Coinbase International ARB-PERP-INTX+0.0224%1h0.2216+0.271%$492K$2.0M50xas long as short
RISEx ARB/USDC+0.0225%1h0.2213+0.115%$470K$2.6M10xas long as short
GMX ARB/USD [ARB-USDC]L +0.0276% / S −0.0159%1h0.2211+0.063%$834K150xas long as short
Reya ARBRUSDPERP+0.0289%1h0.2209−0.032%$2K$69520xas long as short
Backpack ARB_USDC_PERP+0.0640%1h0.2214+0.186%$997K$2.8M20xas long as short