Funding you earn now, next payment 08:00 UTC−0.0929%/8h= −101.7% APRnext payment −$9.29 per $10,000 · paid last 24h +0.049%
Price spread now: Bitget against BloFin+0.066%45s7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as 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−$580.578% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.066%, 7d avg +0.034%
=The price spread pays, funding is against you. Bitget is 0.032% dearer against BloFin than usual: you sell high and buy low (spread +0.066% now, against its 7-day average of +0.034%): +$3 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 3 hours. Mind the row above: over the last 7 days funding on this pair paid +0.210%, so the current rate has only just turned against you. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.210% in total (about 11.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$9.29 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARM-USDT | 319.83 | 0.0000 | get 0.0000% / 8h | 2h 16m | $121K | $51K | 20x |
| Short | Bitget ARMUSDT | 320.04 | −0.0929 | pay 0.0929% / 8h | 2h 16m | $1.8M | $4.0M | 20x |
BloFin ARM-USDT
Bitget ARMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$195.02
- Price spread: +0.066% → +0.034%
- $3.19
- Slippage, 4 orders
- −$33.83
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$249.66
- Costs to cover
- 0.578%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 62 min ago; Bitget: live order book, 1 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, 62 min ago | 0.78 bp | 15.9 bp −$16 | 34.8 bp −$348 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 5.46 bp | 16.2 bp −$16 | 27.9 bp −$279 | 77.5 bp −$7,750 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDTshort | −0.0929% | 8h | 320.04 | +0.066% | $1.8M | $4.0M | 20x | |
| edgeX ARMUSDC | −0.0748% | 4h | 319.49 | −0.105% | $34K | $351K | 10x | as long as short |
| BloFin ARM-USDTlong | 0.0000% | 8h | 319.83 | long leg | $121K | $51K | 20x | |
| Aster ARMUSDT | 0.0000% | 8h | 319.79 | −0.012% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 319.74 | −0.027% | $38K | $272K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 319.78 | −0.016% | $8.2M | $50.6M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 319.83 | 0.000% | $1.9M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 319.83 | 0.000% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 319.96 | +0.041% | $1.4M | $4.4M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 319.44 | −0.121% | $184K | $296K | — | as long as short |
edgeX ARMUSDC
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 320.36 | +0.166% | $657 | $221K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 320.04 | +0.066% | $1K | $2.5M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 319.83 | 0.000% | $18K | $17K | 20x | as long as short |
| QFEX ARM-USD | +0.0011% | 1h | 319.81 | −0.006% | $1.1M | $3.6M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 319.64 | −0.059% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 319.94 | +0.034% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 319.64 | −0.059% | $370K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 320.11 | +0.088% | $185K | $435K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0094% | 1h | 320.01 | +0.056% | $12K | $59K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 319.95 | +0.038% | $2.3M | $119K | 20x | as long as short |
| tradeXYZ xyz:ARM | +0.0138% | 1h | 319.67 | −0.050% | $8.0M | $8.7M | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0176% | 1h | 320.40 | +0.178% | $100K | $305K | 10x | as long as short |
| Phoenix ARM | +0.0200% | 1h | 319.99 | +0.050% | $5K | $446K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 323.11 | +1.026% | $5K | $50K | 12x | as long as short |
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Deribit ARM_USDC-PERPETUAL
KuCoin ARMUSDTM
tradeXYZ xyz:ARM
Coinbase International ARM-PERP-INTX
Phoenix ARM
Injective ARM/USDC PERP