Funding you earn now, next payment 08:00 UTC−0.0173%/8h= −18.9% APRnext payment −$1.73 per $10,000 · paid last 24h −0.083%
Price spread now: Bybit against KuCoin−0.015%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$325as in the Funding arb table
Net, price: spread back to 7d avg − costs−$303as in the Price arb table
costs, in and out, $10k−$3002.999% of the position
Funding, last 7 days−0.252%−$25 on $10k
+Price spread, last 7 days−0.088%−$9 · spread now −0.015%, 7d avg +0.019%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bybit is 0.035% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.019%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ARMUSDTM | 322.71 | 0.0173 | pay 0.0173% / 8h | 3h 27m | $2.3M | $119K | 20x |
| Short | Bybit ARMUSDT | 322.66 | 0 | get 0.0000% / 8h | 3h 27m | $1.9M | $2.2M | 25x |
KuCoin ARMUSDTM
Bybit ARMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$36.33
- Price spread: −0.015% → +0.019%
- −$3.45
- Slippage, 4 orders
- −$276.9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$339.68
- Costs to cover
- 2.999%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Bybit: live order book, 5 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, 4 min ago | 5.11 bp | 112.1 bp −$112 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 5.73 bp | 21.8 bp −$22 | 102.5 bp −$1,025 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARMUSDT | −0.0056% | 8h | 322.59 | −0.037% | $1.8M | $3.9M | 20x | as long as short |
| BloFin ARM-USDT | −0.0005% | 8h | 322.58 | −0.040% | $123K | $50K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 322.69 | −0.006% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 322.51 | −0.062% | $40K | $269K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 322.59 | −0.037% | $8.3M | $50.6M | 20x | as long as short |
| Bybit ARMUSDTshort | 0.0000% | 8h | 322.66 | −0.015% | $1.9M | $2.2M | 25x | |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 322.26 | −0.139% | $1.6M | $6.7M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 322.71 | 0.000% | $1.5M | $4.4M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 323.02 | +0.096% | $208K | $291K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 323.21 | +0.155% | $268 | $212K | 10x | as long as short |
Bitget ARMUSDT
BloFin ARM-USDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
GRVT ARM_USDT_PerpShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX ARM-USDT | 0.0000% | 8h | 322.65 | −0.019% | $1K | $2.6M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 322.63 | −0.025% | $12K | $59K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 323.47 | +0.236% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0014% | 1h | 322.49 | −0.068% | $1.1M | $3.7M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 322.58 | −0.040% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 323.00 | +0.090% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 322.67 | −0.012% | $374K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 323.46 | +0.232% | $190K | $416K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0090% | 1h | 322.69 | −0.006% | $8.1M | $8.8M | 10x | as long as short |
| Phoenix ARM | +0.0123% | 1h | 323.47 | +0.236% | $5K | $446K | 10x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0128% | 1h | 322.84 | +0.040% | $97K | $309K | 10x | as long as short |
| KuCoin ARMUSDTMlong | +0.0173% | 8h | 322.71 | long leg | $2.3M | $119K | 20x | |
| Injective ARM/USDC PERP | +0.0220% | 1h | 327.18 | +1.385% | $5K | $50K | 12x | as long as short |
| edgeX ARMUSDC | +0.0870% | 4h | 323.29 | +0.179% | $34K | $348K | 10x | as long as short |
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
QFEX ARM-USD
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
tradeXYZ xyz:ARM
Phoenix ARM
Coinbase International ARM-PERP-INTX
Injective ARM/USDC PERP
edgeX ARMUSDC