Funding you earn now, next payment 04:00 UTC+0.0143%/8h= +15.7% APRpaid last 24h +0.028%
Price spread now: KuCoin against Injective−1.231%55s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. KuCoin is 1.231% cheaper against Injective than usual: you would sell low and buy high (spread −1.231% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$123 on $10k: about 29 days of funding at the current rate (+$4 a day). The two prices were read 55 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 | Injective ARM/USDC PERP | 330.69 | 0.0220 | pay 0.0028% / 1h | 18m 11s | $5K | $50K | 12x |
| Short | KuCoin ARMUSDTM | 326.62 | 0.0363 | get 0.0363% / 8h | 4h 18m | $2.3M | $118K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Injective. 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
- $30.03
- Price spread: −1.231% → 0.000%
- −$123.08
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$105.07
- Costs to cover
- 0.120%
- Break-even
- 31.5 days
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 3 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 3 min ago | 7.49 bp | 134.9 bp −$135 | doesn't fit | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0027% | 8h | 326.90 | −1.146% | $127K | $50K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 326.63 | −1.227% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 326.36 | −1.309% | $39K | $267K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 326.71 | −1.204% | $8.6M | $50.0M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 326.59 | −1.240% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 326.45 | −1.282% | $1.7M | $6.6M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 327.15 | −1.070% | $1.8M | $3.9M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 327.01 | −1.113% | $212K | $303K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 327.06 | −1.099% | $720 | $199K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 326.91 | −1.143% | $1K | $2.7M | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 326.50 | −1.267% | $12K | $59K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 326.26 | −1.340% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0025% | 1h | 326.40 | −1.297% | $1.1M | $3.8M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 326.56 | −1.249% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 326.69 | −1.210% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 326.41 | −1.294% | $8.2M | $8.8M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 326.34 | −1.315% | $378K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 326.68 | −1.213% | $200K | $414K | 10x | as long as short |
| Gate ARM_USDT | +0.0081% | 8h | 326.62 | −1.231% | $1.5M | $4.3M | 50x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0088% | 1h | 326.96 | −1.128% | $98K | $305K | 10x | as long as short |
| Phoenix ARM | +0.0195% | 1h | 326.99 | −1.119% | $5K | $444K | 10x | as long as short |
| Injective ARM/USDC PERPlong | +0.0220% | 1h | 330.69 | long leg | $5K | $50K | 12x | |
| KuCoin ARMUSDTMshort | +0.0363% | 8h | 326.62 | −1.231% | $2.3M | $118K | 20x | |
| edgeX ARMUSDC | +0.0741% | 4h | 327.03 | −1.108% | $35K | $348K | 10x | as long as short |
Injective ARM/USDC PERP
KuCoin ARMUSDTM
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
Variational Omni ARM
GRVT ARM_USDT_Perp
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
Lighter ARM
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Gate ARM_USDT
Coinbase International ARM-PERP-INTX
Phoenix ARM
edgeX ARMUSDC