Funding you earn now, next payment 12:00 UTC+0.1315%/8h= +144.0% APRpaid last 24h +0.108%
Price spread now: KuCoin against Gate−0.131%7-day average +0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$420as in the Funding arb table
Net, price: spread back to 7d avg − costs−$476as in the Price arb table
costs, in and out, $10k−$4564.556% of the position
Funding, last 7 days+0.358%+$36 on $10k
+Price spread, last 4 days (all we have)+0.179%+$18 · spread now −0.131%, 7d avg +0.077%
=Funding pays, the price is against you. KuCoin is 0.208% cheaper against Gate than usual: you would sell low and buy high (spread −0.131% now, against its 7-day average of +0.077%). If the spread goes back, that is −$21 on $10k: about 13 hours of funding at the current rate (+$39 a day). At the pace of the last 7 days (+0.358% in total) that is about 4.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.358% in total (about 18.7% a year). A funding rate is set anew for every payment. 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARK_USDT | 0.1521 | −0.1485 | get 0.1485% / 8h | 5h 08m | $189K | $141K | 25x |
| Short | KuCoin ARKUSDTM | 0.1519 | −0.0170 | pay 0.0085% / 4h | 1h 08m | $760K | $46K | 30x |
Gate ARK_USDT
KuCoin ARKUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- $276.15
- Price spread: −0.131% → +0.077%
- −$20.82
- Slippage, 4 orders
- −$428.59
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$200.27
- Costs to cover
- 4.556%
- Break-even
- 12.1 days
Slippage from Gate: live order book, 31 min ago; KuCoin: live order book, 28 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 Gate live order book, 31 min ago | 6.55 bp | 61.4 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 28 min ago | 6.57 bp | 163.6 bp −$164 | doesn't fit | doesn't fit | doesn't fit |
ARK on 8 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ARK_USDTlong | −0.1485% | 8h | 0.1521 | long leg | $189K | $141K | 25x | |
| KuCoin ARKUSDTMshort | −0.0170% | 4h | 0.1519 | −0.131% | $760K | $46K | 30x | |
| Binance ARKUSDT | +0.0100% | 4h | 0.1522 | +0.084% | $3.3M | $3.9M | 40x | as long as short |
| Bybit ARKUSDT | +0.0100% | 4h | 0.1521 | −0.020% | $1.3M | $925K | 25x | as long as short |
| MEXC ARK_USDT | +0.0100% | 4h | 0.1522 | +0.066% | $470K | $161K | 20x | as long as short |
| Bitget ARKUSDT | +0.0100% | 4h | 0.1522 | +0.066% | $400K | $200K | 25x | as long as short |
| BingX ARK-USDT | +0.0100% | 4h | 0.1520 | −0.066% | — | $2.3M | — | as long as short |
| Variational Omni ARK | +0.0100% | 4h | 0.1517 | −0.258% | $9K | $11K | — | as long as short |
Binance ARKUSDT
Bybit ARKUSDT
MEXC ARK_USDT
Bitget ARKUSDT
BingX ARK-USDT
Variational Omni ARK