Funding you earn now, next payment 23:00 UTC+0.0114%/8h= +12.5% APRpaid last 24h +0.018%
Price spread now: Binance against Coinbase International+0.019%7-day average +0.065% · 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−$46as in the Price arb table
costs, in and out, $10k−$420.415% of the position
Funding, last 7 days−0.194%−$19 on $10k
+Price spread, last 2 days (all we have)+0.126%+$13 · spread now +0.019%, 7d avg +0.065%
=Funding pays, the price is against you. Binance is 0.046% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.019% now, against its 7-day average of +0.065%). If the spread goes back, that is −$5 on $10k: about 32 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.194%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ARM-PERP-INTX | 325.14 | 0.0016 | pay 0.0002% / 1h | 52m 03s | $88K | $290K | 10x |
| Short | Binance ARMUSDT | 325.20 | 0.0130 | get 0.0130% / 8h | 52m 03s | $8.6M | $51.0M | 20x |
Coinbase International ARM-PERP-INTX
Binance ARMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Coinbase International. 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
- $24.04
- Price spread: +0.019% → +0.065%
- −$4.65
- Slippage, 4 orders
- −$21.5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$22.11
- Costs to cover
- 0.415%
- Break-even
- 13.4 days
Slippage from Coinbase International: live order book, 26 min ago; Binance: 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 Coinbase International live order book, 26 min ago | 7.41 bp | 13.2 bp −$13 | 19.6 bp −$196 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.77 bp | 7.9 bp −$8 | 27.9 bp −$279 | 94.9 bp −$9,487 | 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 | −0.0028% | 8h | 325.41 | +0.083% | $123K | $44K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 325.00 | −0.045% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 325.16 | +0.006% | $2.0M | $2.6M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 325.31 | +0.052% | $1.7M | $6.8M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 325.21 | +0.022% | $1.8M | $4.2M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 324.88 | −0.080% | $1K | $3.2M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 325.00 | −0.043% | $18K | $17K | 20x | as long as short |
| Variational Omni ARM | +0.0011% | 8h | 324.92 | −0.067% | $213K | $523K | — | as long as short |
| Coinbase International ARM-PERP-INTXlong | +0.0016% | 1h | 325.14 | long leg | $88K | $290K | 10x | |
| Lighter ARM | +0.0032% | 1h | 324.97 | −0.052% | — | — | 10x | as long as short |
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
SunX ARM-USDT
HTX ARM-USDT
Variational Omni ARM
Lighter ARMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX ARM-USD | +0.0033% | 1h | 325.11 | −0.009% | $1.1M | $4.7M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 325.26 | +0.037% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 325.21 | +0.022% | $8.0M | $9.7M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 325.07 | −0.022% | $464K | $1.7M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 324.85 | −0.089% | $208K | $557K | 10x | as long as short |
| Gate ARM_USDT | +0.0053% | 8h | 325.35 | +0.065% | $1.5M | $4.1M | 50x | as long as short |
| Extended ARM-USD | +0.0128% | 1h | 325.15 | +0.002% | $39K | $188K | 10x | as long as short |
| Binance ARMUSDTshort | +0.0130% | 8h | 325.20 | +0.019% | $8.6M | $51.0M | 20x | |
| Injective ARM/USDC PERP | +0.0220% | 1h | 328.17 | +0.932% | $5K | $52K | 12x | as long as short |
| GRVT ARM_USDT_Perp | +0.0221% | 8h | 325.23 | +0.029% | $846 | $207K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0242% | 1h | 325.16 | +0.006% | $12K | $145K | 10x | as long as short |
| Phoenix ARM | +0.0271% | 1h | 325.29 | +0.046% | $5K | $460K | 10x | as long as short |
| edgeX ARMUSDC | +0.0355% | 4h | 325.23 | +0.029% | $35K | $349K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0467% | 8h | 325.42 | +0.086% | $2.3M | $118K | 20x | as long as short |
QFEX ARM-USD
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Gate ARM_USDT
Extended ARM-USD
Injective ARM/USDC PERP
GRVT ARM_USDT_Perp
Deribit ARM_USDC-PERPETUAL
Phoenix ARM
edgeX ARMUSDC
KuCoin ARMUSDTM