Funding you earn now, next payment 08:00 UTC+0.0055%/8h= +6.0% APRnext payment +$0.55 per $10,000 · paid last 24h +0.045%
Price spread now: Binance against Bybit+0.030%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$610.613% of the position
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 7 days−0.044%−$4 · spread now +0.030%, 7d avg +0.009%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.021% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARMUSDT | 327.53 | 0 | get 0.0000% / 8h | 4h 46m | $2.0M | $2.1M | 25x |
| Short | Binance ARMUSDT | 327.63 | 0.0055 | get 0.0055% / 8h | 4h 46m | $8.6M | $50.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $11.48
- Price spread: +0.030% → +0.009%
- $2.15
- Slippage, 4 orders
- −$40.29
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$47.67
- Costs to cover
- 0.613%
- Break-even
- 36.1 days
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 10 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 Bybit live order book, 5 min ago | 3.81 bp | 26.5 bp −$27 | 101.7 bp −$1,017 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.67 bp | 13.4 bp −$13 | 32.8 bp −$328 | 103.8 bp −$10.4K | 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-USDT | −0.0030% | 8h | 327.28 | −0.076% | $128K | $48K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 327.40 | −0.039% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDTlong | 0.0000% | 8h | 327.53 | long leg | $2.0M | $2.1M | 25x | |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 327.59 | +0.018% | $1.7M | $6.7M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 328.08 | +0.167% | $213K | $311K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 327.32 | −0.063% | $736 | $194K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 327.11 | −0.128% | $1K | $2.7M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 326.94 | −0.180% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0025% | 1h | 327.33 | −0.061% | $1.1M | $4.0M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 327.20 | −0.101% | — | — | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ARM-USD-PERP | +0.0046% | 1h | 327.69 | +0.049% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 327.36 | −0.052% | $379K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 326.87 | −0.202% | $202K | $396K | 10x | as long as short |
| Binance ARMUSDTshort | +0.0055% | 8h | 327.63 | +0.030% | $8.6M | $50.0M | 20x | |
| Extended ARM-USD | +0.0056% | 1h | 327.55 | +0.005% | $39K | $271K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0068% | 1h | 327.55 | +0.006% | $8.3M | $8.8M | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0088% | 1h | 327.37 | −0.049% | $98K | $301K | 10x | as long as short |
| Gate ARM_USDT | +0.0123% | 8h | 327.85 | +0.098% | $1.5M | $4.3M | 50x | as long as short |
| Bitget ARMUSDT | +0.0173% | 8h | 327.58 | +0.015% | $1.8M | $3.9M | 20x | as long as short |
| Phoenix ARM | +0.0195% | 1h | 328.13 | +0.183% | $5K | $444K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 332.08 | +1.389% | $5K | $50K | 12x | as long as short |
| KuCoin ARMUSDTM | +0.0495% | 8h | 327.44 | −0.027% | $2.3M | $119K | 20x | as long as short |
| edgeX ARMUSDC | +0.0675% | 4h | 327.33 | −0.061% | $35K | $348K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0790% | 1h | 327.36 | −0.052% | $12K | $125K | 10x | as long as short |
Bybit ARMUSDT
Binance ARMUSDT
BloFin ARM-USDT
Aster ARMUSDT
OKX ARM-USDT-SWAP
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
Lighter ARM
Polymarket Perps ARM-USD
Extended ARM-USD
tradeXYZ xyz:ARM
Coinbase International ARM-PERP-INTX
Gate ARM_USDT
Bitget ARMUSDT
Phoenix ARM
Injective ARM/USDC PERP
KuCoin ARMUSDTM
edgeX ARMUSDC
Deribit ARM_USDC-PERPETUAL