Funding arb · Price arb /

ARC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0372%/8h= −40.7% APRpaid last 24h −0.052%

Price spread now: KuCoin against Extended+0.043%7-day average −0.114% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,755as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,713as in the Price arb table

costs, in and out, $10k−$1,72917.288% of the position

Long on Extended Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.260%−$26 on $10k

Price spread, last 4 days (all we have)−0.151%−$15 · spread now +0.043%, 7d avg −0.114%

Together, before fees−0.411%+ Points / potential airdropExtended: Active · farm board−$41 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.157% dearer against Extended than usual: you sell high and buy low (spread +0.043% now, against its 7-day average of −0.114%): +$16 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 34 hours. At the pace of the last 7 days (−0.260% in total) that is about 4.2 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.260% in total (about -13.6% 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	Extended ARC-USD	0.07834	0.0504	pay 0.0063% / 1h	16m 09s	$30K	$195K	5x
Short	KuCoin ARCUSDTM	0.07838	0.0132	get 0.0066% / 4h	16m 09s	$1.3M	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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 ExtendedbpFee KuCoinbpOrdersPrice spread, now +0.043%Rate

Funding earned: −$78.12
Price spread: +0.043% → −0.114%: $15.72
Slippage, 4 orders: −$1,711.85
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,791.25
Costs to cover: 17.288%
Break-even: never at this rate

Slippage from Extended: live order book, 40 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 Extended live order book, 40 min ago	7.86 bp	97.8 bp −$98	614.1 bp −$6,141	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	29.52 bp	894.0 bp −$894	doesn't fit	doesn't fit	doesn't fit

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	0.07825	−0.124%	$38K	$6K	3x	as long as short
Gate ARC_USDT	+0.0100%	4h	0.07812	−0.286%	$3.0M	$228K	20x	as long as short
SunX ARC-USDT	+0.0100%	4h	0.07821	−0.171%	$2K	$1.4M	20x	as long as short
KuCoin ARCUSDTMshort	+0.0132%	4h	0.07838	+0.043%	$1.3M	$1.8M	20x
Aster ARCUSDT	+0.0133%	4h	0.07814	−0.261%	$19K	$15K	5x	as long as short
BloFin ARC-USDT	+0.0438%	4h	0.07807	−0.350%	$1.2M	$41K	20x	as long as short
Binance ARCUSDT	+0.0501%	4h	0.07826	−0.106%	$24.3M	$6.8M	20x	as long as short
Extended ARC-USDlong	+0.0504%	1h	0.07834	long leg	$30K	$195K	5x
Bitget ARCUSDT	+0.0972%	4h	0.07822	−0.159%	$1.7M	$519K	10x	as long as short
BingX ARC-USDT	+0.1100%	4h	0.07829	−0.069%	—	$1.7M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ARCUSDT	+0.1140%	4h	0.07810	−0.312%	$2.8M	$4.6M	13x	as long as short
Kraken Futures PF_ARCUSD	+0.1485%	1h	0.07793	−0.526%	$53K	$85K	20x	as long as short