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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ARCUSDTM | 0.07769 | 0.0100 | pay 0.0050% / 4h | 21m 17s | $1.3M | $1.8M | 20x |
| Short | Bybit ARCUSDT | 0.07767 | 0.0951 | get 0.0476% / 4h | 21m 17s | $2.7M | $4.6M | 13x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 5 min ago | 29.22 bp | 707.2 bp −$707 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.93 bp | 125.7 bp −$126 | 342.1 bp −$3,421 | 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 | 0.07772 | +0.031% | $42K | $2K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07764 | −0.066% | $3.0M | $331K | 20x | as long as short |
| KuCoin ARCUSDTMlong | +0.0100% | 4h | 0.07769 | long leg | $1.3M | $1.8M | 20x | |
| SunX ARC-USDT | +0.0100% | 4h | 0.07777 | +0.102% | $1K | $1.6M | 20x | as long as short |
| Extended ARC-USD | +0.0112% | 1h | 0.07791 | +0.276% | $30K | $118K | 5x | as long as short |
| Binance ARCUSDT | +0.0114% | 4h | 0.07792 | +0.295% | $24.1M | $7.4M | 20x | as long as short |
| BloFin ARC-USDT | +0.0120% | 4h | 0.07795 | +0.333% | $1.2M | $58K | 20x | as long as short |
| Bitget ARCUSDT | +0.0356% | 4h | 0.07771 | +0.024% | $1.7M | $566K | 10x | as long as short |
| Aster ARCUSDT | +0.0503% | 4h | 0.07767 | −0.022% | $19K | $17K | 5x | as long as short |
| BingX ARC-USDT | +0.0946% | 4h | 0.07790 | +0.269% | — | $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 ARCUSDTshort | +0.0951% | 4h | 0.07767 | −0.027% | $2.7M | $4.6M | 13x | |
| Kraken Futures PF_ARCUSD | +0.1067% | 1h | 0.07752 | −0.214% | $51K | $86K | 20x | as long as short |
KuCoin ARCUSDTM
Bybit ARCUSDT
Lighter ARC
Gate ARC_USDT
SunX ARC-USDT
Extended ARC-USD
Binance ARCUSDT
BloFin ARC-USDT
Bitget ARCUSDT
Aster ARCUSDT
BingX ARC-USDT
Kraken Futures PF_ARCUSD