Funding arb · Price arb /

ARC

all ARC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0135%/8h= −14.8% APRpaid last 24h −0.198%

Price spread now: Kraken Futures against BingX−0.317%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BingX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.893%+$89 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Kraken Futures is 0.317% cheaper against BingX than usual: you would sell low and buy high (−$32 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.893%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ARC-USDT	0.07800	0.0742	pay 0.0371% / 4h	1h 55m	—	$1.7M	—
Short	Kraken Futures PF_ARCUSD	0.07775	0.0607	get 0.0076% / 1h	55m 15s	$53K	$84K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against BingX. 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 BingXbpFee Kraken FuturesbpOrdersPrice spread, now −0.317%Rate

Funding earned: −$28.31
Price spread: −0.317% → 0.000%: −$31.67
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$79.98
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 7 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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 BingX live order book, 7 min ago	5.76 bp	53.0 bp −$53	171.9 bp −$1,719	651.7 bp −$65.2K	924.4 bp −$462.2K
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ARC on 12 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
Lighter ARC	+0.0096%	1h	0.07796	−0.053%	$38K	$6K	3x	as long as short
Gate ARC_USDT	+0.0100%	4h	0.07807	+0.090%	$3.0M	$204K	20x	as long as short
KuCoin ARCUSDTM	+0.0100%	4h	0.07834	+0.433%	$1.3M	$1.6M	20x	as long as short
SunX ARC-USDT	+0.0100%	4h	0.07787	−0.167%	$2K	$1.4M	20x	as long as short
Bybit ARCUSDT	+0.0162%	4h	0.07788	−0.154%	$2.8M	$4.5M	13x	as long as short
Aster ARCUSDT	+0.0451%	4h	0.07788	−0.158%	$18K	$14K	5x	as long as short
BloFin ARC-USDT	+0.0504%	4h	0.07801	+0.013%	$1.2M	$37K	20x	as long as short
Extended ARC-USD	+0.0528%	1h	0.07798	−0.025%	$31K	$199K	5x	as long as short
Binance ARCUSDT	+0.0530%	4h	0.07798	−0.030%	$24.2M	$6.4M	20x	as long as short
Kraken Futures PF_ARCUSDshort	+0.0607%	1h	0.07775	−0.317%	$53K	$84K	20x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ARCUSDT	+0.0736%	4h	0.07809	+0.115%	$1.7M	$483K	10x	as long as short
BingX ARC-USDTlong	+0.0742%	4h	0.07800	long leg	—	$1.7M	—