ARM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0349%/8h= −38.2% APRnext payment −$3.49 per $10,000 · paid last 24h +0.029%

Price spread now: Bitget against KuCoin+0.003%7-day average +0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$307as in the Funding arb table

Net, price: spread back to 7d avg − costs−$309as in the Price arb table

costs, in and out, $10k−$3083.081% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.011%+$1 on $10k

Price spread, last 7 days−0.089%−$9 · spread now +0.003%, 7d avg +0.009%

Together, before fees−0.079%−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.011% in total (about 0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.49 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	324.42	0.0349	pay 0.0349% / 8h	1h 25m	$2.3M	$117K	20x
Short	Bitget ARMUSDT	324.43	0	get 0.0000% / 8h	1h 25m	$1.7M	$4.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee BitgetbpOrdersPrice spread, now +0.003%Rate

Funding earned: −$73.29
Price spread: +0.003% → +0.009%: −$0.57
Slippage, 4 orders: −$284.12
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$381.97
Costs to cover: 3.081%
Break-even: never at this rate

Slippage from KuCoin: live order book, 1 min ago; Bitget: 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 KuCoin live order book, 1 min ago	3.85 bp	57.6 bp −$58	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	3.85 bp	16.5 bp −$17	31.7 bp −$317	84.9 bp −$8,491	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	324.40	−0.007%	$7K	$126K	20x	as long as short
Bybit ARMUSDT	0.0000%	8h	324.53	+0.034%	$2.0M	$2.6M	25x	as long as short
OKX ARM-USDT-SWAP	0.0000%	8h	324.39	−0.009%	$1.7M	$6.8M	20x	as long as short
Bitget ARMUSDTshort	0.0000%	8h	324.43	+0.003%	$1.7M	$4.2M	20x
Variational Omni ARM	0.0000%	8h	324.60	+0.057%	$277K	$459K	—	as long as short
SunX ARM-USDT	0.0000%	8h	323.78	−0.197%	$1K	$3.2M	10x	as long as short
Deribit ARM_USDC-PERPETUAL	0.0000%	1h	324.57	+0.046%	$12K	$145K	10x	as long as short
HTX ARM-USDT	0.0000%	8h	324.31	−0.034%	$18K	$16K	20x	as long as short
BloFin ARM-USDT	+0.0015%	8h	324.30	−0.037%	$123K	$44K	20x	as long as short
Lighter ARM	+0.0032%	1h	324.42	0.000%	—	—	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX ARM-USD	+0.0043%	1h	324.27	−0.046%	$1.1M	$4.7M	10x	as long as short
Vest ARM-USD-PERP	+0.0046%	1h	324.36	−0.018%	—	—	10x	as long as short
Polymarket Perps ARM-USD	+0.0050%	1h	324.41	−0.003%	$366K	$1.5M	10x	as long as short
Ondo Perps ARM-USD.P	+0.0050%	1h	324.54	+0.037%	$215K	$555K	10x	as long as short
Gate ARM_USDT	+0.0065%	8h	324.69	+0.083%	$1.5M	$4.1M	50x	as long as short
Binance ARMUSDT	+0.0071%	8h	324.53	+0.034%	$8.6M	$51.2M	20x	as long as short
Extended ARM-USD	+0.0072%	1h	324.55	+0.041%	$39K	$188K	10x	as long as short
Coinbase International ARM-PERP-INTX	+0.0088%	1h	323.28	−0.351%	$83K	$289K	10x	as long as short
GRVT ARM_USDT_Perp	+0.0181%	8h	324.32	−0.032%	$383	$211K	10x	as long as short
Phoenix ARM	+0.0198%	1h	324.30	−0.037%	$5K	$460K	10x	as long as short
Injective ARM/USDC PERP	+0.0220%	1h	326.88	+0.758%	$5K	$52K	12x	as long as short
tradeXYZ xyz:ARM	+0.0260%	1h	324.59	+0.052%	$7.9M	$10.0M	10x	as long as short
KuCoin ARMUSDTMlong	+0.0349%	8h	324.42	long leg	$2.3M	$117K	20x
edgeX ARMUSDC	+0.0972%	4h	324.46	+0.011%	$34K	$347K	10x	as long as short