ARX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0152%/8h= +16.6% APRnext payment +$0.76 per $10,000 · paid last 24h −0.044%

Price spread now: Bitget against KuCoin0.000%7-day average +0.072% · you sell dearer than you buy

Net, funding: paid 7d − costs−$683as in the Funding arb table

Net, price: spread back to 7d avg − costs−$692as in the Price arb table

costs, in and out, $10k−$6856.852% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.022%+$2 on $10k

Price spread, last 4 days (all we have)+0.144%+$14 · spread now 0.000%, 7d avg +0.072%

Together, before fees+0.166%+$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.072% cheaper against KuCoin than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.072%). If the spread goes back, that is −$7 on $10k: about 38 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.022% in total) that is about 23 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ARXUSDTM	0.2013	0.0100	pay 0.0050% / 4h	3h 32m	$713K	$744K	20x
Short	Bitget ARXUSDT	0.2013	0.0252	get 0.0126% / 4h	3h 32m	$1.9M	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee KuCoinbpFee BitgetbpOrdersPrice spread, now 0.000%Rate

Funding earned: $31.92
Price spread: 0.000% → +0.072%: −$7.16
Slippage, 4 orders: −$661.22
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$660.46
Costs to cover: 6.852%
Break-even: 151.8 days

Slippage from KuCoin: live order book, 21 min ago; Bitget: 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 KuCoin live order book, 21 min ago	6.97 bp	369.1 bp −$369	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	6.72 bp	32.1 bp −$32	doesn't fit	doesn't fit	doesn't fit

ARX on 10 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
Gate ARX_USDT	+0.0100%	4h	0.2023	+0.487%	$1.0M	$413K	20x	as long as short
KuCoin ARXUSDTMlong	+0.0100%	4h	0.2013	long leg	$713K	$744K	20x
Bitget ARXUSDTshort	+0.0252%	4h	0.2013	0.000%	$1.9M	$1.7M	20x
BloFin ARX-USDT	+0.0421%	4h	0.2015	+0.089%	$236K	$49K	20x	as long as short
OKX ARX-USDT-SWAP	+0.0480%	4h	0.2014	+0.040%	$732K	$3.0M	20x	as long as short
MEXC ARX_USDT	+0.0526%	4h	0.2014	+0.040%	$877K	$418K	20x	as long as short
Binance ARXUSDT	+0.0544%	4h	0.2013	−0.010%	$5.4M	$11.2M	20x	as long as short
Aster ARXUSDT	+0.0721%	4h	0.2012	−0.060%	$81K	$100K	10x	as long as short
BingX ARX-USDT	+0.1398%	4h	0.2013	−0.010%	—	$1.7M	—	as long as short
Bybit ARXUSDT	+0.1637%	4h	0.2017	+0.189%	$4.1M	$2.3M	20x	as long as short