Funding you earn now, next payment 03:00 UTC+0.0081%/8h= +8.9% APRpaid last 24h +0.031%
Price spread now: Coinbase International against BloFin+0.144%58s7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as 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−$470.472% of the position
Funding, last 7 days+0.221%+$22 on $10k
+Price spread, last 4 days (all we have)−0.169%−$17 · spread now +0.144%, 7d avg −0.013%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Coinbase International is 0.157% dearer against BloFin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.013%. The two prices were read 58 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 | 326.49 | 0.0007 | pay 0.0007% / 8h | 4h 23m | $127K | $50K | 20x |
| Short | Coinbase International ARM-PERP-INTX | 326.96 | 0.0088 | get 0.0011% / 1h | 23m 48s | $98K | $306K | 10x |
BloFin ARM-USDT
Coinbase International ARM-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $16.98
- Price spread: +0.144% → −0.013%
- $15.68
- Slippage, 4 orders
- −$25.24
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$14.58
- Costs to cover
- 0.472%
- Break-even
- 13.0 days
Slippage from BloFin: live order book, 5 min ago; Coinbase International: live order book, 34 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, 5 min ago | 0.15 bp | 16.8 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 34 min ago | 4.72 bp | 11.3 bp −$11 | 20.3 bp −$203 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ARMUSDT | 0.0000% | 8h | 326.79 | +0.091% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 326.86 | +0.112% | $39K | $271K | 10x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 326.80 | +0.095% | $2.0M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 326.88 | +0.119% | $1.7M | $6.7M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 326.92 | +0.132% | $1.8M | $3.9M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 326.48 | −0.003% | $212K | $304K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 327.24 | +0.230% | $275 | $199K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 326.61 | +0.037% | $1K | $2.7M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 326.78 | +0.089% | $18K | $16K | 20x | as long as short |
| Binance ARMUSDT | +0.0001% | 8h | 326.93 | +0.134% | $8.6M | $50.0M | 20x | 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-USDT
HTX ARM-USDT
Binance ARMUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDTlong | +0.0007% | 8h | 326.49 | long leg | $127K | $50K | 20x | |
| QFEX ARM-USD | +0.0025% | 1h | 326.80 | +0.095% | $1.1M | $3.9M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 326.37 | −0.037% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 327.02 | +0.162% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 326.82 | +0.101% | $8.2M | $8.8M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 326.74 | +0.077% | $378K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 326.39 | −0.031% | $200K | $408K | 10x | as long as short |
| edgeX ARMUSDC | +0.0086% | 4h | 327.23 | +0.225% | $35K | $347K | 10x | as long as short |
| Coinbase International ARM-PERP-INTXshort | +0.0088% | 1h | 326.96 | +0.144% | $98K | $306K | 10x | |
| Gate ARM_USDT | +0.0094% | 8h | 327.04 | +0.168% | $1.5M | $4.3M | 50x | as long as short |
| Phoenix ARM | +0.0195% | 1h | 327.37 | +0.270% | $5K | $444K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.69 | +1.286% | $5K | $50K | 12x | as long as short |
| KuCoin ARMUSDTM | +0.0391% | 8h | 326.80 | +0.095% | $2.3M | $118K | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0792% | 1h | 326.74 | +0.077% | $12K | $92K | 10x | as long as short |
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
edgeX ARMUSDC
Gate ARM_USDT
Phoenix ARM
Injective ARM/USDC PERP
KuCoin ARMUSDTM
Deribit ARM_USDC-PERPETUAL