Funding you earn now, next payment 08:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.29 per $10,000 · paid last 24h +0.061%
Price spread now: Binance against BloFin−0.309%61s7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$420.419% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 4 days (all we have)+0.323%+$32 · spread now −0.309%, 7d avg +0.031%
=Funding pays, the price is against you. Binance is 0.340% cheaper against BloFin than usual: you would sell low and buy high (spread −0.309% now, against its 7-day average of +0.031%). If the spread goes back, that is −$34 on $10k: about 39 days of funding at the current rate (+$1 a day). The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARM-USDT | 324.45 | −0.0029 | get 0.0029% / 8h | 3h 50m | $126K | $49K | 20x |
| Short | Binance ARMUSDT | 323.45 | 0 | get 0.0000% / 8h | 3h 50m | $8.5M | $50.4M | 20x |
BloFin ARM-USDT
Binance ARMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $6.04
- Price spread: −0.309% → +0.031%
- −$34.01
- Slippage, 4 orders
- −$19.87
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$69.83
- Costs to cover
- 0.419%
- Break-even
- 87.9 days
Slippage from BloFin: live order book, 39 min ago; Binance: live order book, 7 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 BloFin live order book, 39 min ago | 0.15 bp | 16.8 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.31 bp | 7.4 bp −$7 | 32.3 bp −$323 | 95.8 bp −$9,582 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDTlong | −0.0029% | 8h | 324.45 | long leg | $126K | $49K | 20x | |
| Aster ARMUSDT | 0.0000% | 8h | 323.34 | −0.344% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 323.31 | −0.352% | $40K | $271K | 10x | as long as short |
| Binance ARMUSDTshort | 0.0000% | 8h | 323.45 | −0.309% | $8.5M | $50.4M | 20x | |
| Bybit ARMUSDT | 0.0000% | 8h | 323.39 | −0.327% | $1.9M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 323.60 | −0.262% | $1.6M | $6.7M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 323.75 | −0.216% | $1.8M | $3.9M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 324.13 | −0.098% | $211K | $295K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 324.88 | +0.131% | $575 | $207K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 323.60 | −0.262% | $1K | $2.7M | 10x | as long as short |
Aster ARMUSDT
Extended ARM-USD
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 323.34 | −0.342% | $12K | $59K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 323.39 | −0.327% | $18K | $16K | 20x | as long as short |
| Gate ARM_USDT | +0.0012% | 8h | 323.63 | −0.253% | $1.5M | $4.3M | 50x | as long as short |
| QFEX ARM-USD | +0.0014% | 1h | 323.36 | −0.336% | $1.1M | $3.8M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 323.23 | −0.376% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 323.71 | −0.228% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 323.29 | −0.358% | $8.1M | $8.8M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 323.30 | −0.354% | $374K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 323.10 | −0.416% | $190K | $412K | 10x | as long as short |
| Phoenix ARM | +0.0123% | 1h | 325.11 | +0.203% | $5K | $446K | 10x | as long as short |
| edgeX ARMUSDC | +0.0123% | 4h | 324.88 | +0.134% | $34K | $349K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0128% | 1h | 324.44 | −0.003% | $95K | $306K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.24 | +1.785% | $5K | $50K | 12x | as long as short |
| KuCoin ARMUSDTM | +0.0239% | 8h | 323.46 | −0.305% | $2.3M | $118K | 20x | as long as short |
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
Gate ARM_USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Phoenix ARM
edgeX ARMUSDC
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP
KuCoin ARMUSDTM