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

ARC

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0851%/8h= +93.2% APRnext payment +$4.26 per $10,000 · paid last 24h −0.042%
Price spread now: Bybit against KuCoin−0.027%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,598as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,597as in the Price arb table
costs, in and out, $10k−$1,60116.010% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 7 days+0.060%+$6 · spread now −0.027%, 7d avg −0.064%
Together, before fees+0.092%+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Bybit is 0.037% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.064%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.032% in total (about 1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ARCUSDTM0.077690.0100pay 0.0050% / 4h21m 17s$1.3M$1.8M20x
ShortBybit ARCUSDT0.077670.0951get 0.0476% / 4h21m 17s$2.7M$4.6M13x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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
$178.79
Price spread: −0.027% → −0.064%
$3.66
Slippage, 4 orders
−$1,578.01
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$1,418.55
Costs to cover
16.010%
Break-even
62.5 days
Slippage from KuCoin: live order book, 5 min ago; Bybit: live order book, 1 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 KuCoin live order book, 5 min ago29.22 bp707.2 bp −$707doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago1.93 bp125.7 bp −$126342.1 bp −$3,421doesn't fitdoesn't fit

ARC on 12 venues

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%1h0.07772+0.031%$42K$2K3xas long as short
Gate ARC_USDT+0.0100%4h0.07764−0.066%$3.0M$331K20xas long as short
KuCoin ARCUSDTMlong+0.0100%4h0.07769long leg$1.3M$1.8M20x
SunX ARC-USDT+0.0100%4h0.07777+0.102%$1K$1.6M20xas long as short
Extended ARC-USD+0.0112%1h0.07791+0.276%$30K$118K5xas long as short
Binance ARCUSDT+0.0114%4h0.07792+0.295%$24.1M$7.4M20xas long as short
BloFin ARC-USDT+0.0120%4h0.07795+0.333%$1.2M$58K20xas long as short
Bitget ARCUSDT+0.0356%4h0.07771+0.024%$1.7M$566K10xas long as short
Aster ARCUSDT+0.0503%4h0.07767−0.022%$19K$17K5xas long as short
BingX ARC-USDT+0.0946%4h0.07790+0.269%$1.7Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ARCUSDTshort+0.0951%4h0.07767−0.027%$2.7M$4.6M13x
Kraken Futures PF_ARCUSD+0.1067%1h0.07752−0.214%$51K$86K20xas long as short