Funding you earn now, next payment 00:00 UTC−0.0027%/8h= −2.9% APRnext payment −$0.27 per $10,000 · paid last 24h −0.023%
Price spread now: BloFin against Bitget+0.132%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$590.587% of the position
Funding, last 7 days−0.219%−$22 on $10k
+Price spread, last 3 days (all we have)−0.227%−$23 · spread now +0.132%, 7d avg −0.039%
=The price spread pays, funding is against you. BloFin is 0.171% dearer against Bitget than usual: you sell high and buy low (spread +0.132% now, against its 7-day average of −0.039%): +$17 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 22 days. At the pace of the last 7 days (−0.219% in total) that is about 5.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ARMUSDT | 325.37 | 0 | get 0.0000% / 8h | 0m 48s | $1.8M | $4.2M | 20x |
| Short | BloFin ARM-USDT | 325.80 | −0.0027 | pay 0.0027% / 8h | 0m 48s | $124K | $45K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- −$5.57
- Price spread: +0.132% → −0.039%
- $17.11
- Slippage, 4 orders
- −$34.68
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$47.14
- Costs to cover
- 0.587%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 7 min ago; BloFin: live order book, 60 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 Bitget live order book, 7 min ago | 3.84 bp | 19.9 bp −$20 | 27.0 bp −$270 | 70.3 bp −$7,029 | doesn't fit |
| Sell BloFin live order book, 60 min ago | 1.69 bp | 13.8 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
ARM on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ARMUSDC | −0.0725% | 4h | 325.79 | +0.128% | $35K | $352K | 10x | as long as short |
| BloFin ARM-USDTshort | −0.0027% | 8h | 325.80 | +0.132% | $124K | $45K | 20x | |
| Aster ARMUSDT | 0.0000% | 8h | 325.32 | −0.016% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 325.67 | +0.092% | $2.0M | $2.4M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 325.69 | +0.098% | $1.7M | $6.7M | 20x | as long as short |
| Bitget ARMUSDTlong | 0.0000% | 8h | 325.37 | long leg | $1.8M | $4.2M | 20x | |
| SunX ARM-USDT | 0.0000% | 8h | 325.61 | +0.074% | $1K | $3.1M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 326.03 | +0.203% | $18K | $17K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0016% | 1h | 325.94 | +0.175% | $89K | $286K | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 325.36 | −0.003% | — | — | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX ARM-USD | +0.0033% | 1h | 325.83 | +0.141% | $1.1M | $4.8M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 325.79 | +0.129% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 325.60 | +0.071% | $381K | $2.1M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 325.72 | +0.108% | $208K | $551K | 10x | as long as short |
| Gate ARM_USDT | +0.0079% | 8h | 326.00 | +0.194% | $1.5M | $4.2M | 50x | as long as short |
| tradeXYZ xyz:ARM | +0.0125% | 1h | 325.29 | −0.025% | $8.0M | $9.6M | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.15 | +1.469% | $5K | $52K | 12x | as long as short |
| Variational Omni ARM | +0.0233% | 8h | 325.64 | +0.082% | $213K | $523K | — | as long as short |
| Phoenix ARM | +0.0271% | 1h | 325.87 | +0.154% | $5K | $460K | 10x | as long as short |
| Extended ARM-USD | +0.0352% | 1h | 325.48 | +0.033% | $39K | $188K | 10x | as long as short |
| Binance ARMUSDT | +0.0356% | 8h | 325.26 | −0.035% | $8.6M | $50.9M | 20x | as long as short |
| GRVT ARM_USDT_Perp | +0.0373% | 8h | 325.92 | +0.168% | $577 | $199K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0456% | 1h | 326.05 | +0.209% | $12K | $128K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0715% | 8h | 326.14 | +0.237% | $2.3M | $119K | 20x | as long as short |
Bitget ARMUSDT
BloFin ARM-USDT
edgeX ARMUSDC
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
SunX ARM-USDT
HTX ARM-USDT
Coinbase International ARM-PERP-INTX
Lighter ARM
Polymarket Perps ARM-USD
Gate ARM_USDT
tradeXYZ xyz:ARM
Injective ARM/USDC PERP
Variational Omni ARM
Phoenix ARM
Extended ARM-USD
Binance ARMUSDT
GRVT ARM_USDT_Perp
Deribit ARM_USDC-PERPETUAL
KuCoin ARMUSDTM