Funding you earn now, next payment 16:00 UTC−0.0137%/8h= −15.0% APRnext payment −$1.37 per $10,000 · paid last 24h −0.020%
Price spread now: Binance against KuCoin−0.027%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$580.583% of the position
Funding, last 7 days−0.143%−$14 on $10k
+Price spread, last 7 days+0.027%+$3 · spread now −0.027%, 7d avg −0.015%
=The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ARBUSDTM | 0.2184 | 0.0100 | pay 0.0100% / 8h | 5h 49m | $18.9M | $13.4M | 75x |
| Short | Binance ARBUSDT | 0.2183 | −0.0037 | pay 0.0037% / 8h | 5h 49m | $64.0M | $288.7M | 75x |
KuCoin ARBUSDTM
Binance ARBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- −$28.7
- Price spread: −0.027% → −0.015%
- −$1.22
- Slippage, 4 orders
- −$36.32
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$88.24
- Costs to cover
- 0.583%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Binance: live order book, 2 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 KuCoin live order book, 3 min ago | 1.60 bp | 21.1 bp −$21 | 48.2 bp −$482 | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.23 bp | 8.1 bp −$8 | 19.5 bp −$195 | 66.6 bp −$6,659 | doesn't fit |
ARB on 36 exchanges
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 | −0.1736% | 1h | 0.2177 | −0.302% | $39K | $372K | 12x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0231% | 1h | 0.2183 | −0.022% | $1.1M | $4.1M | 50x | as long as short |
| Bybit ARBUSDT | −0.0214% | 8h | 0.2182 | −0.078% | $53.8M | $121.9M | 50x | as long as short |
| SoDEX ARB-USD | −0.0203% | 1h | 0.2183 | −0.046% | $9K | $2.2M | 5x | as long as short |
| MEXC ARB_USDT | −0.0144% | 8h | 0.2182 | −0.050% | $44.3M | $61.1M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0143% | 8h | 0.2182 | −0.060% | $22.8M | $141.8M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0128% | 1h | 0.2182 | −0.092% | $7K | $414 | 10x | as long as short |
| Extended ARB-USD | −0.0040% | 1h | 0.2181 | −0.098% | $359K | $3.0M | 25x | as long as short |
| Binance ARBUSDTshort | −0.0037% | 8h | 0.2183 | −0.027% | $64.0M | $288.7M | 75x | |
| Variational Omni ARB | −0.0033% | 8h | 0.2182 | −0.074% | $1.8M | $2.6M | — | as long as short |
Injective ARB/USDC PERP
Kraken Futures PF_ARBUSD
Bybit ARBUSDT
SoDEX ARB-USD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
01 Exchange ARBUSD
Extended ARB-USD
Variational Omni ARBShow all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0018% | 8h | 0.2182 | −0.073% | $16K | $406K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2182 | −0.060% | $64K | $3K | 10x | as long as short |
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2183 | −0.009% | $29K | $36K | 25x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2188 | +0.213% | $73K | — | 150x | as long as short |
| Polymarket Perps ARB-USD | +0.0010% | 1h | 0.2181 | −0.101% | $73K | $1.9M | 10x | as long as short |
| Gate ARB_USDT | +0.0028% | 8h | 0.2182 | −0.055% | $5.4M | $16.3M | 60x | as long as short |
| Phemex ARBUSDT | +0.0051% | 8h | 0.2184 | +0.018% | $4.7M | $12.6M | 50x | as long as short |
| Aevo ARB-PERP | +0.0072% | 1h | 0.2183 | −0.006% | $138K | $7K | 3x | as long as short |
| ApeX Omni ARBUSDT | +0.0072% | 1h | 0.2185 | +0.064% | $118K | $310K | 50x | as long as short |
| BloFin ARB-USDT | +0.0085% | 8h | 0.2182 | −0.055% | $3.0M | $2.1M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2184 | +0.023% | $1.3M | $5.3M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2184 | +0.023% | $35.6M | $49.6M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2183 | −0.018% | $624K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2182 | −0.074% | $54K | $154K | 10x | as long as short |
| KuCoin ARBUSDTMlong | +0.0100% | 8h | 0.2184 | long leg | $18.9M | $13.4M | 75x | |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2182 | −0.073% | $20.9M | $33.5M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2180 | −0.147% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2183 | −0.005% | $40K | $466K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2187 | +0.156% | $469K | $3.3M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2185 | +0.064% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2183 | −0.041% | $295K | $814K | 50x | as long as short |
| Backpack ARB_USDC_PERP | +0.0122% | 1h | 0.2184 | +0.027% | $973K | $2.7M | 20x | as long as short |
| RISEx ARB/USDC | +0.0271% | 1h | 0.2183 | −0.028% | $540K | $2.4M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0282% / S −0.0166% | 1h | 0.2188 | +0.179% | $846K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0288% | 1h | 0.2182 | −0.076% | $2K | $695 | 20x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0424% | 1h | 0.2196 | +0.550% | $524K | $1.4M | 50x | as long as short |
Orderly PERP_ARB_USDC
dYdX ARB-USD
Deribit ARB_USDC-PERPETUAL
gTrade (Gains Network) ARB/USD
Polymarket Perps ARB-USD
Gate ARB_USDT
Phemex ARBUSDT
Aevo ARB-PERP
ApeX Omni ARBUSDT
BloFin ARB-USDT
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Bitget ARBUSDT
BingX ARB-USDC
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Backpack ARB_USDC_PERP
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Coinbase International ARB-PERP-INTX