Funding you earn now, next payment 01:00 UTC+0.1766%/8h= +193.4% APRpaid last 24h +0.516%
Price spread now: KuCoin against Injective+0.709%7-day average +0.439% · you sell dearer than you buy
Net, funding: paid 7d − costs+$217as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1441.443% of the position
Funding, last 7 days+3.611%+$361 on $10k
+Price spread, last 3 days (all we have)−0.676%−$68 · spread now +0.709%, 7d avg +0.439%
=Both sides work for this trade now. Funding pays +$53 a day on $10k at the current rate, and KuCoin is 0.270% dearer against Injective than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.439%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ARB/USDC PERP | 0.2244 | −0.1666 | get 0.0208% / 1h | 4m 41s | $40K | $372K | 12x |
| Short | KuCoin ARBUSDTM | 0.2260 | 0.0100 | get 0.0100% / 8h | 7h 04m | $19.7M | $15.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Injective. 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
- $370.94
- Price spread: +0.709% → +0.439%
- $27
- Slippage, 4 orders
- −$132.26
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $253.66
- Costs to cover
- 1.443%
- Break-even
- 2.2 days
Slippage from Injective: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective live order book, 4 min ago | 50.63 bp | 50.6 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 0.66 bp | 19.2 bp −$19 | 30.1 bp −$301 | 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 PERPlong | −0.1666% | 1h | 0.2244 | long leg | $40K | $372K | 12x | |
| Variational Omni ARB | −0.0197% | 8h | 0.2259 | +0.683% | $2.0M | $2.8M | — | as long as short |
| 01 Exchange ARBUSD | −0.0152% | 1h | 0.2252 | +0.365% | $7K | $2K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0149% | 1h | 0.2256 | +0.553% | $25K | $34K | 25x | as long as short |
| Bybit ARBUSDT | −0.0139% | 8h | 0.2256 | +0.521% | $58.7M | $126.9M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0138% | 1h | 0.2258 | +0.613% | $1.1M | $4.9M | 50x | as long as short |
| OKX ARB-USDT-SWAP | −0.0110% | 8h | 0.2255 | +0.468% | $23.1M | $157.1M | 50x | as long as short |
| MEXC ARB_USDT | −0.0108% | 8h | 0.2257 | +0.584% | $39.3M | $59.6M | 200x | as long as short |
| SoDEX ARB-USD | −0.0096% | 1h | 0.2255 | +0.490% | $10K | $2.5M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0051% | 8h | 0.2256 | +0.535% | $13K | $389K | 10x | 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 | 0.2260 | +0.731% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0013% | 1h | 0.2258 | +0.602% | $11K | — | 150x | as long as short |
| Extended ARB-USD | +0.0016% | 1h | 0.2254 | +0.431% | $358K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0016% | 8h | 0.2255 | +0.477% | $66.7M | $310.9M | 75x | as long as short |
| BloFin ARB-USDT | +0.0073% | 8h | 0.2255 | +0.472% | $3.2M | $2.9M | 75x | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2257 | +0.572% | $143K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2259 | +0.682% | $1.4M | $7.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2261 | +0.780% | $41.0M | $47.2M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2256 | +0.557% | $703K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2259 | +0.684% | $45K | $183K | 10x | as long as short |
| Gate ARB_USDT | +0.0100% | 8h | 0.2257 | +0.593% | $5.5M | $20.0M | 60x | as long as short |
| KuCoin ARBUSDTMshort | +0.0100% | 8h | 0.2260 | +0.709% | $19.7M | $15.8M | 75x | |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2257 | +0.579% | $21.6M | $35.7M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2257 | +0.561% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2266 | +0.988% | $41K | $462K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2275 | +1.384% | $488K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2273 | +1.292% | $122K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2257 | +0.570% | $65K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2256 | +0.535% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2256 | +0.539% | $294K | $976K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2256 | +0.535% | $5.2M | $12.9M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0232% | 1h | 0.2261 | +0.758% | $517K | $2.3M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2255 | +0.497% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0291% / S −0.0179% | 1h | 0.2258 | +0.619% | $904K | — | 150x | as long as short |
| RISEx ARB/USDC | +0.0384% | 1h | 0.2255 | +0.506% | $512K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0580% | 1h | 0.2260 | +0.726% | $1.0M | $2.8M | 20x | as long as short |
Injective ARB/USDC PERP
KuCoin ARBUSDTM
Variational Omni ARB
01 Exchange ARBUSD
Deribit ARB_USDC-PERPETUAL
Bybit ARBUSDT
Kraken Futures PF_ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
SoDEX ARB-USD
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Gate ARB_USDT
Bitget ARBUSDT
BingX ARB-USDC
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
Polymarket Perps ARB-USD
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
GMX ARB/USD [ARB-USDC]
RISEx ARB/USDC
Backpack ARB_USDC_PERP