Funding you earn now, next payment 08:00 UTC−0.0217%/8h= −23.8% APRnext payment −$2.17 per $10,000 · paid last 24h −0.099%
Price spread now: BloFin against KuCoin−0.272%95s7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$319as 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−$2922.916% of the position
Funding, last 7 days−0.270%−$27 on $10k
+Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.272%, 7d avg −0.020%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BloFin is 0.251% cheaper against KuCoin than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of −0.020%). Swap the legs. The two prices were read 95 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 | KuCoin ARMUSDTM | 324.12 | 0.0229 | pay 0.0229% / 8h | 3h 45m | $2.3M | $119K | 20x |
| Short | BloFin ARM-USDT | 323.24 | 0.0012 | get 0.0012% / 8h | 3h 45m | $126K | $49K | 20x |
KuCoin ARMUSDTM
BloFin ARM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$45.55
- Price spread: −0.272% → −0.020%
- −$25.1
- Slippage, 4 orders
- −$267.64
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$362.3
- Costs to cover
- 2.916%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; BloFin: live order book, 43 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 | 7.71 bp | 94.2 bp −$94 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 43 min ago | 0.15 bp | 9.2 bp −$9 | 23.8 bp −$238 | 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 | 324.52 | +0.124% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 323.87 | −0.078% | $40K | $271K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 323.97 | −0.046% | $8.4M | $50.5M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 324.07 | −0.015% | $1.9M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 323.68 | −0.136% | $1.6M | $6.7M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 323.86 | −0.080% | $1.8M | $3.9M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 324.10 | −0.007% | $210K | $294K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 323.30 | −0.253% | $375 | $207K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 324.17 | +0.015% | $1K | $2.7M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 323.86 | −0.080% | $12K | $59K | 10x | as long as short |
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-PERPETUALShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ARM-USDT | 0.0000% | 8h | 323.72 | −0.123% | $18K | $17K | 20x | as long as short |
| Gate ARM_USDT | +0.0007% | 8h | 324.00 | −0.037% | $1.5M | $4.3M | 50x | as long as short |
| BloFin ARM-USDTshort | +0.0012% | 8h | 323.24 | −0.272% | $126K | $49K | 20x | |
| QFEX ARM-USD | +0.0014% | 1h | 324.00 | −0.037% | $1.1M | $3.8M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 324.02 | −0.031% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 324.06 | −0.019% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 323.92 | −0.062% | $8.1M | $8.8M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 323.98 | −0.043% | $375K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 323.74 | −0.117% | $190K | $413K | 10x | as long as short |
| Phoenix ARM | +0.0123% | 1h | 323.45 | −0.207% | $5K | $446K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0128% | 1h | 324.44 | +0.099% | $95K | $306K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.24 | +1.888% | $5K | $50K | 12x | as long as short |
| KuCoin ARMUSDTMlong | +0.0229% | 8h | 324.12 | long leg | $2.3M | $119K | 20x | |
| edgeX ARMUSDC | +0.0776% | 4h | 323.16 | −0.296% | $34K | $350K | 10x | as long as short |
HTX ARM-USDT
Gate ARM_USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
tradeXYZ xyz:ARM
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Phoenix ARM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP
edgeX ARMUSDC