Funding you earn now, next payment 20:00 UTC+0.0333%/8hpaid last 24h +0.046%
Price spread now: KuCoin against SoDEX−0.175%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$510.512% of the position
Funding, last 3 days (all we have)+0.076%+$8 on $10k
+Price spread, last 3 days (all we have)−0.199%−$20 · spread now −0.175%, 7d avg +0.024%
=Funding pays, the price is against you. KuCoin is 0.199% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.175% now, against its 7-day average of +0.024%). If the spread goes back, that is −$20 on $10k: about 48 hours of funding at the current rate (+$10 a day). At the pace of the last 3 days (+0.076% in total) that is about 7.8 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.076% in total (about 9.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX ARB-USD | 0.2280 | −0.0233 | get 0.0029% / 1h | 23m 32s | $5K | $2.8M | 5x |
| Short | KuCoin ARBUSDTM | 0.2276 | 0.0100 | get 0.0100% / 8h | 4h 23m | $21.3M | $17.2M | 75x |
SoDEX ARB-USD
KuCoin ARBUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against SoDEX. 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
- $69.85
- Price spread: −0.175% → +0.024%
- −$19.95
- Slippage, 4 orders
- −$31.22
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1.31
- Costs to cover
- 0.512%
- Break-even
- 7.1 days
Slippage from SoDEX: live order book, 5 min ago; KuCoin: live order book, 9 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 SoDEX live order book, 5 min ago | 0.22 bp | 5.3 bp −$5 | 19.6 bp −$196 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 1.96 bp | 17.4 bp −$17 | 44.8 bp −$448 | 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 | −0.1732% | 1h | 0.2265 | −0.667% | $41K | $157K | 12x | as long as short |
| Bybit ARBUSDT | −0.0291% | 8h | 0.2271 | −0.395% | $58.9M | $130.9M | 50x | as long as short |
| SoDEX ARB-USDlong | −0.0233% | 1h | 0.2280 | long leg | $5K | $2.8M | 5x | |
| Deribit ARB_USDC-PERPETUAL | −0.0232% | 1h | 0.2282 | +0.088% | $37K | $18K | 25x | as long as short |
| 01 Exchange ARBUSD | −0.0128% | 1h | 0.2275 | −0.215% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0112% | 8h | 0.2279 | −0.042% | $1.9M | $2.9M | — | as long as short |
| Kraken Futures PF_ARBUSD | −0.0026% | 1h | 0.2283 | +0.112% | $1.1M | $5.1M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0020% | 1h | 0.2272 | −0.346% | $70K | $2.4M | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2278 | −0.114% | $67K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | 0.2285 | +0.202% | $61K | — | 150x | as long as short |
Injective ARB/USDC PERP
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
01 Exchange ARBUSD
Variational Omni ARB
Kraken Futures PF_ARBUSD
Polymarket Perps ARB-USD
dYdX ARB-USD
gTrade (Gains Network) ARB/USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | +0.0007% | 8h | 0.2282 | +0.079% | $11K | $386K | 10x | as long as short |
| MEXC ARB_USDT | +0.0010% | 8h | 0.2275 | −0.237% | $38.2M | $62.9M | 200x | as long as short |
| OKX ARB-USDT-SWAP | +0.0011% | 8h | 0.2272 | −0.346% | $23.7M | $166.4M | 50x | as long as short |
| Binance ARBUSDT | +0.0093% | 8h | 0.2274 | −0.265% | $64.5M | $318.0M | 75x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2278 | −0.079% | $1.4M | $7.6M | 15x | as long as short |
| Extended ARB-USD | +0.0096% | 1h | 0.2273 | −0.306% | $363K | $2.5M | 25x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2280 | −0.013% | $42.1M | $51.1M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2279 | −0.031% | $719K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2278 | −0.115% | $54K | $196K | 10x | as long as short |
| Gate ARB_USDT | +0.0100% | 8h | 0.2275 | −0.228% | $5.6M | $21.5M | 60x | as long as short |
| KuCoin ARBUSDTMshort | +0.0100% | 8h | 0.2276 | −0.175% | $21.3M | $17.2M | 75x | |
| Bitget ARBUSDT | +0.0100% | 8h | 0.2271 | −0.403% | $21.3M | $38.1M | 50x | as long as short |
| BingX ARB-USDT | +0.0100% | 8h | 0.2275 | −0.228% | — | $55.6M | — | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2279 | −0.046% | $39K | $446K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2278 | −0.118% | $490K | $4.1M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2276 | −0.184% | $126K | $272K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2289 | +0.386% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2283 | +0.105% | $282K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2285 | +0.211% | $5.5M | $14.0M | 50x | as long as short |
| Aevo ARB-PERP | +0.0104% | 1h | 0.2284 | +0.165% | $152K | $9K | 3x | as long as short |
| BloFin ARB-USDT | +0.0218% | 8h | 0.2284 | +0.180% | $3.2M | $3.1M | 75x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2271 | −0.389% | $2K | $695 | 20x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0315% / S −0.0238% | 1h | 0.2284 | +0.165% | $849K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0328% | 1h | 0.2291 | +0.474% | $513K | $2.5M | 50x | as long as short |
| RISEx ARB/USDC | +0.0564% | 1h | 0.2277 | −0.138% | $514K | $2.9M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0620% | 1h | 0.2283 | +0.140% | $979K | $2.8M | 20x | as long as short |
Orderly PERP_ARB_USDC
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Binance ARBUSDT
Lighter ARB
Extended ARB-USD
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
Gate ARB_USDT
Bitget ARBUSDT
BingX ARB-USDT
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Aevo ARB-PERP
BloFin ARB-USDT
Reya ARBRUSDPERP
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
Backpack ARB_USDC_PERP