Funding arb · Price arb /

ARC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0374%/8h= +41.0% APRpaid last 24h +0.260%

Price spread now: KuCoin against Kraken Futures+0.034%7-day average — · you sell dearer than you buy

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

Long on Kraken Futures Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.972%−$97 on $10k

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and KuCoin is 0.034% dearer against Kraken Futures than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.972%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_ARCUSD	0.07733	−0.0084	get 0.0011% / 1h	24m 10s	$50K	$83K	20x
Short	KuCoin ARCUSDTM	0.07736	0.0290	get 0.0145% / 4h	1h 24m	$1.2M	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Kraken Futures. 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 Kraken FuturesbpFee KuCoinbpOrdersPrice spread, now +0.034%Rate

Funding earned: $78.62
Price spread: +0.034% → 0.000%: $3.38
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $60
Costs to cover: 0.220%
Break-even: 1.7 days

Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 2 min ago. 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 Kraken Futures no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 2 min ago	11.76 bp	668.9 bp −$669	doesn't fit	doesn't fit	doesn't fit

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
Kraken Futures PF_ARCUSDlong	−0.0084%	1h	0.07733	long leg	$50K	$83K	20x
Lighter ARC	+0.0096%	1h	0.07745	+0.155%	$42K	$2K	3x	as long as short
Gate ARC_USDT	+0.0100%	4h	0.07750	+0.214%	$3.0M	$330K	20x	as long as short
SunX ARC-USDT	+0.0100%	4h	0.07747	+0.175%	$2K	$1.5M	20x	as long as short
KuCoin ARCUSDTMshort	+0.0290%	4h	0.07736	+0.034%	$1.2M	$1.8M	20x
Extended ARC-USD	+0.0464%	1h	0.07765	+0.401%	$30K	$118K	5x	as long as short
Binance ARCUSDT	+0.0465%	4h	0.07762	+0.369%	$24.1M	$7.3M	20x	as long as short
BingX ARC-USDT	+0.0486%	4h	0.07758	+0.317%	—	$1.7M	—	as long as short
BloFin ARC-USDT	+0.0487%	4h	0.07734	+0.007%	$1.2M	$59K	20x	as long as short
Bitget ARCUSDT	+0.0578%	4h	0.07772	+0.498%	$1.7M	$548K	10x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ARCUSDT	+0.0936%	4h	0.07741	+0.100%	$19K	$16K	5x	as long as short
Bybit ARCUSDT	+0.0956%	4h	0.07752	+0.239%	$2.6M	$4.5M	13x	as long as short