Funding you earn now, next payment 08:00 UTC−0.0788%/8h= −86.3% APRnext payment −$7.88 per $10,000 · paid last 24h −0.095%
Price spread now: Aster against KuCoin−0.066%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$459as in the Funding arb table
Net, price: spread back to 7d avg − costs−$430as in the Price arb table
costs, in and out, $10k−$4274.270% of the position
Funding, last 7 days−0.320%−$32 on $10k
+Price spread, last 4 days (all we have)+0.172%+$17 · spread now −0.066%, 7d avg −0.038%
=Together, before fees−0.148%+ Points / potential airdropAster: Stage 5 · farm board−$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Aster is 0.028% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.038%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.320% in total (about -16.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.88 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 | KuCoin ARMUSDTM | 329.03 | 0.0788 | pay 0.0788% / 8h | 6h 21m | $2.4M | $121K | 20x |
| Short | Aster ARMUSDT | 328.81 | 0 | get 0.0000% / 8h | 6h 21m | $7K | $126K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against KuCoin. 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
- −$165.48
- Price spread: −0.066% → −0.038%
- −$2.8
- Slippage, 4 orders
- −$407
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$595.28
- Costs to cover
- 4.270%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; Aster: live order book, 44 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 KuCoin live order book, 10 min ago | 6.54 bp | 109.8 bp −$110 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 44 min ago | 45.82 bp | 127.2 bp −$127 | doesn't fit | doesn't fit | doesn't fit |
ARM on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ARM-PERP-INTX | −0.0024% | 1h | 328.06 | −0.295% | $99K | $287K | 10x | as long as short |
| Aster ARMUSDTshort | 0.0000% | 8h | 328.81 | −0.066% | $7K | $126K | 20x | |
| Bybit ARMUSDT | 0.0000% | 8h | 328.72 | −0.094% | $2.0M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 328.58 | −0.137% | $1.7M | $6.6M | 20x | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 328.85 | −0.055% | $727 | $185K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 329.11 | +0.024% | $967 | $2.8M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 329.22 | +0.058% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0015% | 1h | 328.98 | −0.015% | $1.1M | $4.4M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 328.52 | −0.155% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 329.15 | +0.036% | — | — | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ARM | +0.0050% | 1h | 328.62 | −0.125% | $8.3M | $8.8M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 329.03 | 0.000% | $381K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 328.64 | −0.119% | $204K | $399K | 10x | as long as short |
| Phoenix ARM | +0.0121% | 1h | 329.03 | 0.000% | $5K | $444K | 10x | as long as short |
| Variational Omni ARM | +0.0142% | 8h | 329.17 | +0.041% | $214K | $333K | — | as long as short |
| edgeX ARMUSDC | +0.0157% | 4h | 328.73 | −0.091% | $35K | $344K | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0176% | 1h | 328.95 | −0.024% | $12K | $125K | 10x | as long as short |
| Gate ARM_USDT | +0.0182% | 8h | 328.89 | −0.043% | $1.5M | $4.2M | 50x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 331.58 | +0.775% | $5K | $50K | 12x | as long as short |
| Extended ARM-USD | +0.0256% | 1h | 328.81 | −0.066% | $36K | $274K | 10x | as long as short |
| Binance ARMUSDT | +0.0257% | 8h | 328.71 | −0.096% | $8.6M | $50.4M | 20x | as long as short |
| Bitget ARMUSDT | +0.0517% | 8h | 328.88 | −0.046% | $1.8M | $3.8M | 20x | as long as short |
| KuCoin ARMUSDTMlong | +0.0788% | 8h | 329.03 | long leg | $2.4M | $121K | 20x |
KuCoin ARMUSDTM
Aster ARMUSDT
Coinbase International ARM-PERP-INTX
Bybit ARMUSDT
OKX ARM-USDT-SWAP
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
Lighter ARM
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Phoenix ARM
Variational Omni ARM
edgeX ARMUSDC
Deribit ARM_USDC-PERPETUAL
Gate ARM_USDT
Injective ARM/USDC PERP
Extended ARM-USD
Binance ARMUSDT
Bitget ARMUSDT