Funding you earn now, next payment 08:00 UTC+0.0233%/8h= +25.5% APRnext payment +$2.33 per $10,000 · paid last 24h +0.083%
Price spread now: KuCoin against Bybit+0.015%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$237as in the Funding arb table
Net, price: spread back to 7d avg − costs−$259as in the Price arb table
costs, in and out, $10k−$2622.623% of the position
Funding, last 7 days+0.252%+$25 on $10k
+Price spread, last 7 days+0.088%+$9 · spread now +0.015%, 7d avg −0.019%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and KuCoin is 0.034% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARMUSDT | 324.12 | 0 | get 0.0000% / 8h | 3h 47m | $1.9M | $2.2M | 25x |
| Short | KuCoin ARMUSDTM | 324.17 | 0.0233 | get 0.0233% / 8h | 3h 47m | $2.3M | $119K | 20x |
Bybit ARMUSDT
KuCoin ARMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $48.93
- Price spread: +0.015% → −0.019%
- $3.45
- Slippage, 4 orders
- −$239.28
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$209.9
- Costs to cover
- 2.623%
- Break-even
- 37.0 days
Slippage from Bybit: live order book, 5 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 Bybit live order book, 5 min ago | 3.09 bp | 24.1 bp −$24 | 83.4 bp −$834 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 5.55 bp | 111.8 bp −$112 | 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 | 324.21 | +0.028% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 324.01 | −0.033% | $40K | $271K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 324.14 | +0.008% | $8.5M | $50.5M | 20x | as long as short |
| Bybit ARMUSDTlong | 0.0000% | 8h | 324.12 | long leg | $1.9M | $2.2M | 25x | |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 323.91 | −0.065% | $1.6M | $6.7M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 324.10 | −0.006% | $1.8M | $3.9M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 324.13 | +0.004% | $211K | $295K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 323.30 | −0.253% | $375 | $207K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 324.12 | 0.000% | $1K | $2.7M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 323.72 | −0.123% | $18K | $17K | 20x | as long as short |
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ARM_USDT | +0.0008% | 8h | 323.87 | −0.077% | $1.5M | $4.3M | 50x | as long as short |
| BloFin ARM-USDT | +0.0012% | 8h | 323.24 | −0.272% | $126K | $49K | 20x | as long as short |
| QFEX ARM-USD | +0.0014% | 1h | 323.75 | −0.114% | $1.1M | $3.8M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 323.56 | −0.173% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 323.77 | −0.108% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 324.03 | −0.028% | $8.1M | $8.8M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 323.73 | −0.120% | $375K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 323.10 | −0.315% | $190K | $412K | 10x | as long as short |
| Phoenix ARM | +0.0123% | 1h | 323.45 | −0.207% | $5K | $446K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0128% | 1h | 324.44 | +0.099% | $95K | $306K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.24 | +1.888% | $5K | $50K | 12x | as long as short |
| KuCoin ARMUSDTMshort | +0.0233% | 8h | 324.17 | +0.015% | $2.3M | $119K | 20x | |
| Deribit ARM_USDC-PERPETUAL | +0.0244% | 1h | 323.89 | −0.071% | $12K | $59K | 10x | as long as short |
| edgeX ARMUSDC | +0.0776% | 4h | 323.16 | −0.296% | $34K | $350K | 10x | as long as short |
Gate ARM_USDT
BloFin ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Phoenix ARM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL
edgeX ARMUSDC