Funding you earn now, next payment 02:00 UTC+0.0209%/8h= +22.9% APRpaid last 24h −0.018%
Price spread now: Kraken Futures against KuCoin+0.322%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$940.944% of the position
Funding, last 7 days−0.193%−$19 on $10k
+Price spread, last 3 days (all we have)+0.159%+$16 · spread now +0.322%, 7d avg +0.048%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Kraken Futures is 0.274% dearer against KuCoin than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.048%. Mind the row above: over the last 7 days funding on this pair cost −0.193%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ARBUSDTM | 0.2230 | 0.0100 | pay 0.0100% / 8h | 6h 58m | $19.4M | $15.8M | 75x |
| Short | Kraken Futures PF_ARBUSD | 0.2237 | 0.0309 | get 0.0039% / 1h | 58m 38s | $1.1M | $4.8M | 50x |
KuCoin ARBUSDTM
Kraken Futures PF_ARBUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $43.87
- Price spread: +0.322% → +0.048%
- $27.43
- Slippage, 4 orders
- −$72.44
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$23.14
- Costs to cover
- 0.944%
- Break-even
- 10.7 days
Slippage from KuCoin: live order book, 5 min ago; Kraken Futures: live order book, 5 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, 5 min ago | 1.33 bp | 16.9 bp −$17 | 46.7 bp −$467 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 18.99 bp | 27.7 bp −$28 | 35.6 bp −$356 | 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 | −0.1692% | 1h | 0.2224 | −0.260% | $40K | $372K | 12x | as long as short |
| SoDEX ARB-USD | −0.0493% | 1h | 0.2235 | +0.256% | $10K | $2.5M | 5x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0286% | 1h | 0.2237 | +0.332% | $25K | $34K | 25x | as long as short |
| 01 Exchange ARBUSD | −0.0208% | 1h | 0.2230 | +0.009% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0196% | 8h | 0.2245 | +0.675% | $1.9M | $2.8M | — | as long as short |
| OKX ARB-USDT-SWAP | −0.0106% | 8h | 0.2222 | −0.336% | $22.6M | $155.6M | 50x | as long as short |
| MEXC ARB_USDT | −0.0106% | 8h | 0.2223 | −0.327% | $38.1M | $58.4M | 200x | as long as short |
| Bybit ARBUSDT | −0.0092% | 8h | 0.2222 | −0.332% | $57.9M | $127.7M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0054% | 8h | 0.2237 | +0.323% | $13K | $387K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2223 | −0.283% | $66K | $4K | 10x | as long as short |
Injective ARB/USDC PERP
SoDEX ARB-USD
Deribit ARB_USDC-PERPETUAL
01 Exchange ARBUSD
Variational Omni ARB
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Bybit ARBUSDT
Orderly PERP_ARB_USDC
dYdX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0011% | 1h | 0.2238 | +0.382% | $10K | — | 150x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2226 | −0.184% | $355K | $2.5M | 25x | as long as short |
| Binance ARBUSDT | +0.0010% | 8h | 0.2232 | +0.110% | $66.0M | $313.3M | 75x | as long as short |
| BloFin ARB-USDT | +0.0038% | 8h | 0.2233 | +0.166% | $3.2M | $2.8M | 75x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2236 | +0.287% | $142K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2224 | −0.242% | $1.3M | $7.2M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2231 | +0.054% | $40.4M | $47.4M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2232 | +0.091% | $695K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2225 | −0.202% | $44K | $186K | 10x | as long as short |
| Gate ARB_USDT | +0.0100% | 8h | 0.2226 | −0.166% | $5.4M | $19.4M | 60x | as long as short |
| KuCoin ARBUSDTMlong | +0.0100% | 8h | 0.2230 | long leg | $19.4M | $15.8M | 75x | |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2223 | −0.305% | $21.2M | $36.1M | 50x | as long as short |
| BingX ARB-USDC | +0.0100% | 8h | 0.2226 | −0.175% | — | $6.5M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2257 | +1.209% | $41K | $464K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2249 | +0.852% | $487K | $3.5M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2258 | +1.265% | $122K | $296K | 50x | as long as short |
| Polymarket Perps ARB-USD | +0.0100% | 1h | 0.2239 | +0.417% | $70K | $2.0M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2236 | +0.278% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2236 | +0.274% | $291K | $987K | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2237 | +0.323% | $5.1M | $12.9M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0240% | 1h | 0.2240 | +0.457% | $505K | $2.2M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0279% / S −0.0163% | 1h | 0.2238 | +0.376% | $855K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2235 | +0.245% | $2K | $695 | 20x | as long as short |
| Kraken Futures PF_ARBUSDshort | +0.0309% | 1h | 0.2237 | +0.322% | $1.1M | $4.8M | 50x | |
| RISEx ARB/USDC | +0.0466% | 1h | 0.2231 | +0.065% | $506K | $2.6M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0737% | 1h | 0.2237 | +0.336% | $1.0M | $2.8M | 20x | as long as short |
gTrade (Gains Network) ARB/USD
Extended ARB-USD
Binance ARBUSDT
BloFin ARB-USDT
Aevo ARB-PERP
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]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP