Settings8H · net · $10k
Funding arb · Price arb /

ARC

all ARC markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.470%−$47 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ARC-USDT0.080480.0786pay 0.0393% / 4h1h 53m$1.7M
ShortKuCoin ARCUSDTM0.080500.0100get 0.0050% / 4h1h 53m$1.3M$1.6M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 7 min ago4.34 bp27.7 bp −$28136.2 bp −$1,362651.8 bp −$65.2K953.2 bp −$476.6K
Sell KuCoin live order book, 5 min ago16.90 bp839.9 bp −$840doesn't fitdoesn't fitdoesn't fit

ARC on 12 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ARC+0.0096%1h0.08045−0.035%$39K$6K3xas long as short
Aster ARCUSDT+0.0100%4h0.08047−0.008%$19K$14K5xas long as short
Gate ARC_USDT+0.0100%4h0.08047−0.012%$3.1M$186K20xas long as short
KuCoin ARCUSDTMshort+0.0100%4h0.08050+0.021%$1.3M$1.6M20x
SunX ARC-USDT+0.0100%4h0.08040−0.099%$1K$1.1M20xas long as short
BloFin ARC-USDT+0.0155%4h0.08039−0.112%$1.3M$38K20xas long as short
Extended ARC-USD+0.0184%1h0.08052+0.055%$32K$213K5xas long as short
Binance ARCUSDT+0.0187%4h0.08054+0.075%$25.0M$5.3M20xas long as short
Bitget ARCUSDT+0.0322%4h0.08037−0.137%$1.7M$421K10xas long as short
Bybit ARCUSDT+0.0717%4h0.08035−0.162%$3.0M$3.8M13xas long as short
Show all 12 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ARC-USDTlong+0.0786%4h0.08048long leg$1.7M
Kraken Futures PF_ARCUSD+0.0936%1h0.08031−0.217%$55K$49K20xas long as short