Funding you earn now, next payment 08:00 UTC+0.0710%/8h= +77.7% APRnext payment +$7.10 per $10,000 · paid last 24h +0.087%
Price spread now: KuCoin against Gate+0.018%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$369as in the Funding arb table
Net, price: spread back to 7d avg − costs−$389as in the Price arb table
costs, in and out, $10k−$3923.924% of the position
Funding, last 7 days+0.230%+$23 on $10k
+Price spread, last 7 days+0.049%+$5 · spread now +0.018%, 7d avg −0.013%
=Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and KuCoin is 0.031% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.013%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.230% in total (about 12.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.10 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 | Gate ARM_USDT | 329.06 | 0.0056 | pay 0.0056% / 8h | 7h 35m | $1.5M | $4.0M | 50x |
| Short | KuCoin ARMUSDTM | 329.12 | 0.0766 | get 0.0766% / 8h | 7h 35m | $2.4M | $116K | 20x |
Gate ARM_USDT
KuCoin ARMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- $149.1
- Price spread: +0.018% → −0.013%
- $3.09
- Slippage, 4 orders
- −$365.43
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$240.24
- Costs to cover
- 3.924%
- Break-even
- 18.3 days
Slippage from Gate: live order book, 3 min ago; KuCoin: live order book, 1 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 Gate live order book, 3 min ago | 5.17 bp | 15.4 bp −$15 | 42.1 bp −$421 | 58.2 bp −$5,822 | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 6.07 bp | 226.1 bp −$226 | 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 | 329.08 | +0.007% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 328.92 | −0.043% | $2.0M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 328.77 | −0.088% | $1.7M | $6.6M | 20x | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 328.76 | −0.091% | $437 | $192K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 328.79 | −0.082% | $914 | $3.0M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 328.51 | −0.167% | $18K | $16K | 20x | as long as short |
| BloFin ARM-USDT | +0.0021% | 8h | 328.80 | −0.079% | $127K | $45K | 20x | as long as short |
| QFEX ARM-USD | +0.0026% | 1h | 328.77 | −0.088% | $1.1M | $4.7M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 328.85 | −0.064% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 328.98 | −0.024% | — | — | 10x | as long as short |
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
BloFin ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ARM-PERP-INTX | +0.0048% | 1h | 325.94 | −0.948% | $89K | $283K | 10x | as long as short |
| Gate ARM_USDTlong | +0.0056% | 8h | 329.06 | long leg | $1.5M | $4.0M | 50x | |
| Ondo Perps ARM-USD.P | +0.0167% | 1h | 329.01 | −0.015% | $204K | $524K | 10x | as long as short |
| Phoenix ARM | +0.0197% | 1h | 328.67 | −0.119% | $5K | $460K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 331.89 | +0.860% | $5K | $50K | 12x | as long as short |
| Variational Omni ARM | +0.0224% | 8h | 328.98 | −0.025% | $213K | $528K | — | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0237% | 1h | 328.77 | −0.088% | $12K | $125K | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0326% | 1h | 328.85 | −0.064% | $381K | $1.3M | 10x | as long as short |
| Binance ARMUSDT | +0.0350% | 8h | 328.91 | −0.044% | $8.8M | $50.4M | 20x | as long as short |
| Extended ARM-USD | +0.0352% | 1h | 328.77 | −0.087% | $36K | $308K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0354% | 1h | 328.69 | −0.112% | $8.1M | $8.5M | 10x | as long as short |
| edgeX ARMUSDC | +0.0368% | 4h | 328.69 | −0.114% | $35K | $352K | 10x | as long as short |
| Bitget ARMUSDT | +0.0475% | 8h | 328.93 | −0.040% | $1.8M | $4.0M | 20x | as long as short |
| KuCoin ARMUSDTMshort | +0.0766% | 8h | 329.12 | +0.018% | $2.4M | $116K | 20x |
Coinbase International ARM-PERP-INTX
Ondo Perps ARM-USD.P
Phoenix ARM
Injective ARM/USDC PERP
Variational Omni ARM
Deribit ARM_USDC-PERPETUAL
Polymarket Perps ARM-USD
Binance ARMUSDT
Extended ARM-USD
tradeXYZ xyz:ARM
edgeX ARMUSDC
Bitget ARMUSDT