Funding you earn now, next payment 12:00 UTC−0.0686%/8h= −75.1% APRnext payment −$3.43 per $10,000 · paid last 24h −0.159%
Price spread now: KuCoin against BingX+0.021%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,778as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,743as in the Price arb table
costs, in and out, $10k−$1,74917.486% of the position
Funding, last 7 days−0.291%−$29 on $10k
+Price spread, last 7 days−0.179%−$18 · spread now +0.021%, 7d avg −0.036%
=The price spread pays, funding is against you. KuCoin is 0.057% dearer against BingX than usual: you sell high and buy low (spread +0.021% now, against its 7-day average of −0.036%): +$6 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.291% in total) that is about 33 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.291% in total (about -15.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.43 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARC-USDT | 0.08048 | 0.0786 | pay 0.0393% / 4h | 1h 53m | — | $1.7M | — |
| Short | KuCoin ARCUSDTM | 0.08050 | 0.0100 | get 0.0050% / 4h | 1h 53m | $1.3M | $1.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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
- −$144.06
- Price spread: +0.021% → −0.036%
- $5.75
- Slippage, 4 orders
- −$1,726.63
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,886.94
- Costs to cover
- 17.486%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; KuCoin: 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 BingX live order book, 7 min ago | 4.34 bp | 27.7 bp −$28 | 136.2 bp −$1,362 | 651.8 bp −$65.2K | 953.2 bp −$476.6K |
| Sell KuCoin live order book, 5 min ago | 16.90 bp | 839.9 bp −$840 | doesn't fit | doesn't fit | doesn't fit |
ARC on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARC | +0.0096% | 1h | 0.08045 | −0.035% | $39K | $6K | 3x | as long as short |
| Aster ARCUSDT | +0.0100% | 4h | 0.08047 | −0.008% | $19K | $14K | 5x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.08047 | −0.012% | $3.1M | $186K | 20x | as long as short |
| KuCoin ARCUSDTMshort | +0.0100% | 4h | 0.08050 | +0.021% | $1.3M | $1.6M | 20x | |
| SunX ARC-USDT | +0.0100% | 4h | 0.08040 | −0.099% | $1K | $1.1M | 20x | as long as short |
| BloFin ARC-USDT | +0.0155% | 4h | 0.08039 | −0.112% | $1.3M | $38K | 20x | as long as short |
| Extended ARC-USD | +0.0184% | 1h | 0.08052 | +0.055% | $32K | $213K | 5x | as long as short |
| Binance ARCUSDT | +0.0187% | 4h | 0.08054 | +0.075% | $25.0M | $5.3M | 20x | as long as short |
| Bitget ARCUSDT | +0.0322% | 4h | 0.08037 | −0.137% | $1.7M | $421K | 10x | as long as short |
| Bybit ARCUSDT | +0.0717% | 4h | 0.08035 | −0.162% | $3.0M | $3.8M | 13x | as long as short |
Show all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ARC-USDTlong | +0.0786% | 4h | 0.08048 | long leg | — | $1.7M | — | |
| Kraken Futures PF_ARCUSD | +0.0936% | 1h | 0.08031 | −0.217% | $55K | $49K | 20x | as long as short |
BingX ARC-USDT
KuCoin ARCUSDTM
Lighter ARC
Aster ARCUSDT
Gate ARC_USDT
SunX ARC-USDT
BloFin ARC-USDT
Extended ARC-USD
Binance ARCUSDT
Bitget ARCUSDT
Bybit ARCUSDT
Kraken Futures PF_ARCUSD