ARB

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.22 per $10,000 · paid last 24h +0.016%

Price spread now: BloFin against KuCoin+0.005%7-day average −0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as in the Funding arb table

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

costs, in and out, $10k−$620.621% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.038%+$4 on $10k

Price spread, last 4 days (all we have)+0.627%+$63 · spread now +0.005%, 7d avg −0.025%

Together, before fees+0.665%+$67 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.030% dearer against KuCoin than usual: you sell high and buy low (spread +0.005% now, against its 7-day average of −0.025%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ARBUSDTM	0.2173	0.0100	pay 0.0100% / 8h	5h 02m	$18.9M	$12.7M	75x
Short	BloFin ARB-USDT	0.2173	0.0078	get 0.0078% / 8h	5h 02m	$3.0M	$2.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now +0.005%Rate

Funding earned: −$4.67
Price spread: +0.005% → −0.025%: $2.96
Slippage, 4 orders: −$38.11
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$63.83
Costs to cover: 0.621%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; BloFin: live order book, 3 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, 4 min ago	0.92 bp	19.2 bp −$19	45.4 bp −$454	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	0.92 bp	11.3 bp −$11	16.6 bp −$166	doesn't fit	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	0.2165	−0.382%	$39K	$372K	12x	as long as short
Kraken Futures PF_ARBUSD	−0.0232%	1h	0.2175	+0.067%	$1.1M	$3.8M	50x	as long as short
Bybit ARBUSDT	−0.0194%	8h	0.2173	−0.023%	$54.1M	$117.3M	50x	as long as short
Polymarket Perps ARB-USD	−0.0179%	1h	0.2174	+0.014%	$77K	$1.7M	10x	as long as short
SoDEX ARB-USD	−0.0169%	1h	0.2173	−0.009%	$9K	$2.0M	5x	as long as short
OKX ARB-USDT-SWAP	−0.0164%	8h	0.2173	−0.023%	$22.6M	$134.7M	50x	as long as short
MEXC ARB_USDT	−0.0163%	8h	0.2173	−0.023%	$43.1M	$62.4M	200x	as long as short
01 Exchange ARBUSD	−0.0128%	1h	0.2174	+0.032%	$7K	$414	10x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0118%	1h	0.2174	+0.028%	$29K	$32K	25x	as long as short
Variational Omni ARB	−0.0066%	8h	0.2174	+0.049%	$1.8M	$2.6M	—	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ARB_USDT	−0.0057%	8h	0.2173	−0.009%	$5.6M	$16.7M	60x	as long as short
Binance ARBUSDT	−0.0042%	8h	0.2173	−0.023%	$63.6M	$274.8M	75x	as long as short
Extended ARB-USD	−0.0040%	1h	0.2172	−0.071%	$357K	$2.9M	25x	as long as short
Orderly PERP_ARB_USDC	−0.0007%	8h	0.2174	+0.032%	$16K	$384K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2174	+0.051%	$63K	$3K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0006%	1h	0.2174	+0.045%	$71K	—	150x	as long as short
Aevo ARB-PERP	+0.0072%	1h	0.2175	+0.057%	$138K	$7K	3x	as long as short
Phemex ARBUSDT	+0.0072%	8h	0.2174	+0.032%	$4.6M	$12.4M	50x	as long as short
BloFin ARB-USDTshort	+0.0078%	8h	0.2173	+0.005%	$3.0M	$2.0M	75x
Lighter ARB	+0.0096%	1h	0.2174	+0.046%	$1.3M	$5.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2175	+0.060%	$35.0M	$48.5M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2174	+0.028%	$620K	$1.5M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2176	+0.147%	$53K	$152K	10x	as long as short
KuCoin ARBUSDTMlong	+0.0100%	8h	0.2173	long leg	$18.9M	$12.7M	75x
Bitget ARBUSDT	+0.0100%	8h	0.2174	+0.032%	$20.9M	$31.9M	50x	as long as short
BingX ARB-USDT	+0.0100%	8h	0.2173	−0.023%	—	$30.4M	—	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2172	−0.042%	$38K	$466K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2174	+0.032%	$473K	$3.2M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2174	+0.032%	$117K	$308K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2176	+0.124%	$2K	$1.0M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2177	+0.170%	$283K	$753K	50x	as long as short
Backpack ARB_USDC_PERP	+0.0193%	1h	0.2175	+0.101%	$969K	$2.5M	20x	as long as short
RISEx ARB/USDC	+0.0271%	1h	0.2179	+0.250%	$541K	$2.3M	10x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0279% / S −0.0162%	1h	0.2176	+0.122%	$831K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0288%	1h	0.2173	−0.029%	$2K	$695	20x	as long as short
Coinbase International ARB-PERP-INTX	+0.0424%	1h	0.2180	+0.308%	$519K	$1.3M	50x	as long as short