Funding you earn now, next payment 08:00 UTC+0.0060%/8h= +6.5% APRpaid last 24h +0.029%
Price spread now: KuCoin against Arcus+0.041%7-day average +0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$398as in the Price arb table
costs, in and out, $10k−$3933.933% of the position
Funding, last 4 days (all we have)+0.068%+$7 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now +0.041%, 7d avg +0.087%
=Funding pays, the price is against you. KuCoin is 0.046% cheaper against Arcus than usual: you would sell low and buy high (spread +0.041% now, against its 7-day average of +0.087%). If the spread goes back, that is −$5 on $10k: about 2.6 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus BE-USD | 270.61 | 0.0040 | pay 0.0005% / 1h | 9m 29s | $113K | $96K | 10x |
| Short | KuCoin BEUSDTM | 270.72 | 0.0100 | get 0.0100% / 8h | 9m 29s | $352K | $30K | 20x |
Arcus BE-USD
KuCoin BEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Arcus. 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
- $12.54
- Price spread: +0.041% → +0.087%
- −$4.62
- Slippage, 4 orders
- −$376.78
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$385.36
- Costs to cover
- 3.933%
- Break-even
- 222.1 days
Slippage from Arcus: live order book, 28 min ago; KuCoin: live order book, 23 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 Arcus live order book, 28 min ago | 4.06 bp | 14.5 bp −$14 | 22.5 bp −$225 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 23 min ago | 14.94 bp | 189.7 bp −$190 | doesn't fit | doesn't fit | doesn't fit |
BE on 21 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 BE_USDT | −0.0506% | 8h | 270.60 | −0.004% | $1.4M | $3.3M | 50x | as long as short |
| Bitget BEUSDT | −0.0051% | 8h | 270.82 | +0.078% | $1.6M | $2.6M | 20x | as long as short |
| Aster BEUSDT | 0.0000% | 8h | 270.73 | +0.043% | $342K | $128K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 270.68 | +0.024% | $47K | $384K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 270.72 | +0.040% | $8.1M | $37.1M | 25x | as long as short |
| OKX BE-USDT-SWAP | 0.0000% | 8h | 270.66 | +0.018% | $2.6M | $6.9M | 25x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 270.76 | +0.056% | $6K | $153K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 270.85 | +0.089% | $1K | $2.2M | 10x | as long as short |
| Deribit BE_USDC-PERPETUAL | 0.0000% | 1h | 270.76 | +0.055% | $6K | $4K | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 270.80 | +0.070% | $12K | $35K | 20x | as long as short |
Gate BE_USDT
Bitget BEUSDT
Aster BEUSDT
Extended BE-USD
Binance BEUSDT
OKX BE-USDT-SWAP
GRVT BE_USDT_Perp
SunX BE-USDT
Deribit BE_USDC-PERPETUAL
HTX BE-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BE-USD | +0.0017% | 1h | 270.82 | +0.078% | $1.3M | $2.3M | 10x | as long as short |
| Lighter BE | +0.0032% | 1h | 270.70 | +0.033% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 270.70 | +0.033% | $241K | $305K | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0032% | 1h | 271.32 | +0.262% | $474K | $115K | 10x | as long as short |
| Bybit BEUSDT | +0.0039% | 8h | 270.79 | +0.067% | $2.0M | $1.2M | 25x | as long as short |
| Arcus BE-USDlong | +0.0040% | 1h | 270.61 | long leg | $113K | $96K | 10x | |
| Vest BE-USD-PERP | +0.0046% | 1h | 270.83 | +0.081% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 270.71 | +0.037% | $5.9M | $2.8M | 10x | as long as short |
| KuCoin BEUSDTMshort | +0.0100% | 8h | 270.72 | +0.041% | $352K | $30K | 20x | |
| Aevo BE-PERP | +0.0104% | 1h | 270.80 | +0.071% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 270.74 | +0.048% | $45K | $144K | 20x | as long as short |
QFEX BE-USD
Lighter BE
Lighter RH BE
Coinbase International BE-PERP-INTX
Bybit BEUSDT
Vest BE-USD-PERP
tradeXYZ xyz:BE
Aevo BE-PERP
BloFin BE-USDT