Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.019%

Price spread now: KuCoin against Extended+0.095%7-day average +0.114% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$570.574% of the position

Long on Extended Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.137%+$14 on $10k

Price spread, last 7 days−0.042%−$4 · spread now +0.095%, 7d avg +0.114%

Together, before fees+0.095%+ Points / potential airdropExtended: Active · farm board+$10 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ARB-USD	0.2227	0.0104	pay 0.0013% / 1h	1m 57s	$354K	$2.8M	25x
Short	KuCoin ARBUSDTM	0.2230	0.0100	get 0.0100% / 8h	2h 01m	$19.9M	$14.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee KuCoinbpOrdersPrice spread, now +0.095%Rate

Funding earned: −$0.84
Price spread: +0.095% → +0.114%: −$1.94
Slippage, 4 orders: −$40.42
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$60.2
Costs to cover: 0.574%
Break-even: never at this rate

Slippage from Extended: live order book, 2 min ago; KuCoin: live order book, 7 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 Extended live order book, 2 min ago	9.01 bp	11.5 bp −$12	70.6 bp −$706	doesn't fit	doesn't fit
Sell KuCoin live order book, 7 min ago	1.81 bp	18.6 bp −$19	46.9 bp −$469	doesn't fit	doesn't fit

ARB on 36 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
Injective ARB/USDC PERP	−0.1581%	1h	0.2213	−0.646%	$40K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0128%	1h	0.2225	−0.116%	$7K	$236	10x	as long as short
Polymarket Perps ARB-USD	−0.0100%	1h	0.2223	−0.211%	$76K	$2.1M	10x	as long as short
Variational Omni ARB	−0.0083%	8h	0.2224	−0.154%	$1.8M	$3.0M	—	as long as short
Kraken Futures PF_ARBUSD	−0.0073%	1h	0.2226	−0.057%	$1.1M	$4.5M	50x	as long as short
OKX ARB-USDT-SWAP	−0.0063%	8h	0.2228	+0.027%	$22.2M	$147.4M	50x	as long as short
MEXC ARB_USDT	−0.0061%	8h	0.2228	+0.050%	$41.8M	$62.1M	200x	as long as short
Bybit ARBUSDT	−0.0045%	8h	0.2228	+0.045%	$54.8M	$126.3M	50x	as long as short
Orderly PERP_ARB_USDC	−0.0044%	8h	0.2224	−0.152%	$12K	$406K	10x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0020%	1h	0.2225	−0.089%	$28K	$38K	25x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ARB-USD	0.0000%	1h	0.2223	−0.204%	$66K	$5K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0009%	1h	0.2225	−0.107%	$44K	—	150x	as long as short
Bitget ARBUSDT	+0.0056%	8h	0.2229	+0.072%	$21.4M	$34.8M	50x	as long as short
Gate ARB_USDT	+0.0077%	8h	0.2229	+0.059%	$5.5M	$18.4M	60x	as long as short
RISEx ARB/USDC	+0.0086%	1h	0.2225	−0.130%	$483K	$2.6M	10x	as long as short
Lighter ARB	+0.0096%	1h	0.2225	−0.107%	$1.3M	$5.5M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2231	+0.175%	$37.7M	$49.4M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2229	+0.079%	$640K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2223	−0.179%	$43K	$150K	10x	as long as short
Binance ARBUSDT	+0.0100%	8h	0.2228	+0.048%	$63.7M	$301.2M	75x	as long as short
KuCoin ARBUSDTMshort	+0.0100%	8h	0.2230	+0.095%	$19.9M	$14.4M	75x
BingX ARB-USDC	+0.0100%	8h	0.2229	+0.059%	—	$6.5M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2221	−0.265%	$39K	$464K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2221	−0.288%	$484K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2222	−0.242%	$120K	$281K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2225	−0.107%	$2K	$1.1M	30x	as long as short
SoDEX ARB-USD	+0.0100%	1h	0.2225	−0.130%	$9K	$2.2M	5x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2227	−0.022%	$297K	$884K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2228	+0.027%	$5.0M	$12.8M	50x	as long as short
Extended ARB-USDlong	+0.0104%	1h	0.2227	long leg	$354K	$2.8M	25x
Aevo ARB-PERP	+0.0104%	1h	0.2226	−0.081%	$141K	$7K	3x	as long as short
BloFin ARB-USDT	+0.0220%	8h	0.2221	−0.274%	$3.0M	$2.4M	75x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0277% / S −0.0159%	1h	0.2225	−0.122%	$842K	—	150x	as long as short
Coinbase International ARB-PERP-INTX	+0.0288%	1h	0.2230	+0.117%	$517K	$1.6M	50x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2223	−0.216%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0737%	1h	0.2232	+0.198%	$1.0M	$2.8M	20x	as long as short