Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.016%
Price spread now: Bybit against BloFin+0.022%52s7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as 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−$630.628% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)+0.063%+$6 · spread now +0.022%, 7d avg +0.029%
=The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 52 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 | 322.28 | −0.0018 | get 0.0018% / 8h | 2h 54m | $123K | $51K | 20x |
| Short | Bybit ARMUSDT | 322.35 | 0 | get 0.0000% / 8h | 2h 54m | $1.9M | $2.2M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $3.86
- Price spread: +0.022% → +0.029%
- −$0.75
- Slippage, 4 orders
- −$39.84
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$59.73
- Costs to cover
- 0.628%
- Break-even
- 115.4 days
Slippage from BloFin: live order book, 24 min ago; Bybit: live order book, 2 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, 24 min ago | 0.78 bp | 15.9 bp −$16 | 34.8 bp −$348 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 5.59 bp | 15.6 bp −$16 | 95.7 bp −$957 | 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 | −0.0810% | 4h | 321.61 | −0.207% | $34K | $349K | 10x | as long as short |
| Bitget ARMUSDT | −0.0573% | 8h | 321.97 | −0.096% | $1.8M | $3.9M | 20x | as long as short |
| BloFin ARM-USDTlong | −0.0018% | 8h | 322.28 | long leg | $123K | $51K | 20x | |
| Aster ARMUSDT | 0.0000% | 8h | 322.27 | −0.004% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 322.29 | +0.005% | $35K | $272K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 322.37 | +0.028% | $8.3M | $50.5M | 20x | as long as short |
| Bybit ARMUSDTshort | 0.0000% | 8h | 322.35 | +0.022% | $1.9M | $2.2M | 25x | |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 322.35 | +0.022% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 322.48 | +0.062% | $1.4M | $4.3M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 322.18 | −0.030% | $192K | $298K | — | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 321.56 | −0.223% | $974 | $216K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 322.25 | −0.009% | $935 | $2.6M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 322.41 | +0.040% | $12K | $59K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 320.47 | −0.562% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0011% | 1h | 322.39 | +0.034% | $1.1M | $3.6M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 322.42 | +0.043% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 322.45 | +0.053% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 322.23 | −0.016% | $373K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 321.92 | −0.112% | $186K | $417K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 322.31 | +0.009% | $2.3M | $119K | 20x | as long as short |
| Phoenix ARM | +0.0123% | 1h | 322.02 | −0.081% | $5K | $446K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0159% | 1h | 322.38 | +0.031% | $8.1M | $8.6M | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0176% | 1h | 321.20 | −0.335% | $99K | $309K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.06 | +0.552% | $5K | $50K | 12x | as long as short |
BloFin ARM-USDT
Bybit ARMUSDT
edgeX ARMUSDC
Bitget ARMUSDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
Lighter ARM
Polymarket Perps ARM-USD
KuCoin ARMUSDTM
Phoenix ARM
tradeXYZ xyz:ARM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP