Funding you earn now, next payment 08:00 UTC+0.0739%/8h= +80.9% APRnext payment +$7.39 per $10,000 · paid last 24h +0.096%
Price spread now: KuCoin against BloFin−0.018%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$285as in the Price arb table
costs, in and out, $10k−$2812.805% of the position
Funding, last 7 days+0.270%+$27 on $10k
+Price spread, last 3 days (all we have)+0.150%+$15 · spread now −0.018%, 7d avg +0.022%
=Funding pays, the price is against you. KuCoin is 0.040% cheaper against BloFin than usual: you would sell low and buy high (spread −0.018% now, against its 7-day average of +0.022%). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.270% in total) that is about 25 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.270% in total (about 14.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.39 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 | 328.79 | 0.0013 | pay 0.0013% / 8h | 7h 51m | $125K | $45K | 20x |
| Short | KuCoin ARMUSDTM | 328.73 | 0.0752 | get 0.0752% / 8h | 7h 51m | $2.4M | $117K | 20x |
BloFin ARM-USDT
KuCoin ARMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $155.12
- Price spread: −0.018% → +0.022%
- −$3.98
- Slippage, 4 orders
- −$256.53
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$129.4
- Costs to cover
- 2.805%
- Break-even
- 12.8 days
Slippage from BloFin: live order book, 4 min ago; KuCoin: live order book, 5 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, 4 min ago | 0.15 bp | 13.7 bp −$14 | 31.1 bp −$311 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 5.95 bp | 167.6 bp −$168 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ARMUSDT | 0.0000% | 8h | 328.64 | −0.047% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 328.81 | +0.006% | $2.0M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 328.86 | +0.021% | $1.7M | $6.7M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 328.93 | +0.043% | $1K | $3.1M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 327.01 | −0.541% | $18K | $17K | 20x | as long as short |
| BloFin ARM-USDTlong | +0.0013% | 8h | 328.79 | long leg | $125K | $45K | 20x | |
| QFEX ARM-USD | +0.0026% | 1h | 328.82 | +0.009% | $1.2M | $4.7M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 328.22 | −0.173% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 328.61 | −0.055% | — | — | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0048% | 1h | 325.94 | −0.867% | $89K | $286K | 10x | as long as short |
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Coinbase International ARM-PERP-INTXShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDT | +0.0095% | 8h | 328.92 | +0.040% | $1.8M | $4.0M | 20x | as long as short |
| GRVT ARM_USDT_Perp | +0.0172% | 8h | 327.04 | −0.533% | $831 | $196K | 10x | as long as short |
| Phoenix ARM | +0.0197% | 1h | 326.93 | −0.566% | $5K | $460K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 329.18 | +0.119% | $5K | $50K | 12x | as long as short |
| Variational Omni ARM | +0.0242% | 8h | 328.75 | −0.012% | $213K | $528K | — | as long as short |
| Gate ARM_USDT | +0.0305% | 8h | 328.88 | +0.027% | $1.5M | $4.0M | 50x | as long as short |
| Extended ARM-USD | +0.0360% | 1h | 328.63 | −0.048% | $36K | $201K | 10x | as long as short |
| Binance ARMUSDT | +0.0361% | 8h | 328.80 | +0.004% | $8.8M | $50.3M | 20x | as long as short |
| KuCoin ARMUSDTMshort | +0.0752% | 8h | 328.73 | −0.018% | $2.4M | $117K | 20x | |
| Ondo Perps ARM-USD.P | +0.0811% | 1h | 326.97 | −0.554% | $208K | $525K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0877% | 1h | 328.62 | −0.052% | $12K | $125K | 10x | as long as short |
| edgeX ARMUSDC | +0.0990% | 4h | 327.14 | −0.502% | $35K | $352K | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.1278% | 1h | 328.68 | −0.033% | $386K | $1.3M | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.1362% | 1h | 328.72 | −0.021% | $8.1M | $8.5M | 10x | as long as short |
Bitget ARMUSDT
GRVT ARM_USDT_Perp
Phoenix ARM
Injective ARM/USDC PERP
Variational Omni ARM
Gate ARM_USDT
Extended ARM-USD
Binance ARMUSDT
Ondo Perps ARM-USD.P
Deribit ARM_USDC-PERPETUAL
edgeX ARMUSDC
Polymarket Perps ARM-USD
tradeXYZ xyz:ARM