Funding you earn now, next payment 07:00 UTC−0.0160%/8h= −17.5% APRpaid last 24h −0.015%
Price spread now: Gate against Coinbase International+0.293%50s7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as 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−$560.563% of the position
Funding, last 7 days−0.171%−$17 on $10k
+Price spread, last 4 days (all we have)−0.182%−$18 · spread now +0.293%, 7d avg +0.041%
=The price spread pays, funding is against you. Gate is 0.252% dearer against Coinbase International than usual: you sell high and buy low (spread +0.293% now, against its 7-day average of +0.041%): +$25 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 5.3 days. The two prices were read 50 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 | Coinbase International ARM-PERP-INTX | 320.83 | 0.0160 | pay 0.0020% / 1h | 0m 24s | $98K | $289K | 10x |
| Short | Gate ARM_USDT | 321.77 | 0 | get 0.0000% / 8h | 0m 24s | $1.4M | $4.2M | 50x |
Coinbase International ARM-PERP-INTX
Gate ARM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$33.6
- Price spread: +0.293% → +0.041%
- $25.21
- Slippage, 4 orders
- −$31.29
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$64.68
- Costs to cover
- 0.563%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 38 min ago; Gate: live order book, 3 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, 38 min ago | 4.81 bp | 10.8 bp −$11 | 16.7 bp −$167 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 4.04 bp | 16.4 bp −$16 | 48.4 bp −$484 | 76.7 bp −$7,674 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDT | −0.0427% | 8h | 321.72 | +0.277% | $1.7M | $3.9M | 20x | as long as short |
| edgeX ARMUSDC | −0.0155% | 4h | 321.69 | +0.268% | $36K | $357K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 321.70 | +0.272% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 321.70 | +0.272% | $36K | $312K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 321.68 | +0.265% | $8.3M | $49.9M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 321.62 | +0.246% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 321.41 | +0.181% | $1.6M | $6.5M | 20x | as long as short |
| Gate ARM_USDTshort | 0.0000% | 8h | 321.77 | +0.293% | $1.4M | $4.2M | 50x | |
| Variational Omni ARM | 0.0000% | 8h | 321.72 | +0.276% | $187K | $252K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 321.67 | +0.261% | $357 | $236K | 10x | as long as short |
Bitget ARMUSDT
edgeX ARMUSDC
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Variational Omni ARM
GRVT ARM_USDT_PerpShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 321.72 | +0.277% | $1K | $2.4M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 321.54 | +0.221% | $18K | $14K | 20x | as long as short |
| BloFin ARM-USDT | +0.0003% | 8h | 321.72 | +0.277% | $123K | $52K | 20x | as long as short |
| QFEX ARM-USD | +0.0025% | 1h | 321.61 | +0.243% | $1.1M | $3.4M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 321.56 | +0.228% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 321.62 | +0.246% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 321.51 | +0.212% | $372K | $1.2M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 321.45 | +0.193% | $185K | $441K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 321.93 | +0.343% | $2.3M | $125K | 20x | as long as short |
| Coinbase International ARM-PERP-INTXlong | +0.0160% | 1h | 320.83 | long leg | $98K | $289K | 10x | |
| Injective ARM/USDC PERP | +0.0220% | 1h | 324.70 | +1.206% | $5K | $49K | 12x | as long as short |
| Phoenix ARM | +0.0224% | 1h | 321.79 | +0.299% | $5K | $444K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0240% | 1h | 321.71 | +0.274% | $8.2M | $8.6M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0777% | 1h | 321.79 | +0.299% | $12K | $59K | 10x | as long as short |
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
KuCoin ARMUSDTM
Injective ARM/USDC PERP
Phoenix ARM
tradeXYZ xyz:ARM
Deribit ARM_USDC-PERPETUAL