Funding you earn now, next payment 04:00 UTC−0.0105%/8h= −11.5% APRpaid last 24h −0.069%
Price spread now: Coinbase International against KuCoin+0.083%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$257as in the Funding arb table
Net, price: spread back to 7d avg − costs−$240as in the Price arb table
costs, in and out, $10k−$2522.517% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 4 days (all we have)−0.302%−$30 · spread now +0.083%, 7d avg −0.033%
=The price spread pays, funding is against you. Coinbase International is 0.117% dearer against KuCoin than usual: you sell high and buy low (spread +0.083% now, against its 7-day average of −0.033%): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.7 days. At the pace of the last 7 days (−0.052% in total) that is about 16 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ARMUSDTM | 324.17 | 0.0233 | pay 0.0233% / 8h | 3h 46m | $2.3M | $119K | 20x |
| Short | Coinbase International ARM-PERP-INTX | 324.44 | 0.0128 | get 0.0016% / 1h | 46m 58s | $95K | $306K | 10x |
KuCoin ARMUSDTM
Coinbase International ARM-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$22.05
- Price spread: +0.083% → −0.033%
- $11.65
- Slippage, 4 orders
- −$229.69
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$262.09
- Costs to cover
- 2.517%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Coinbase International: live order book, 6 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, 5 min ago | 5.55 bp | 114.3 bp −$114 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 6 min ago | 7.08 bp | 12.1 bp −$12 | 17.4 bp −$174 | 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 | 324.21 | +0.013% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 324.01 | −0.048% | $40K | $271K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 324.14 | −0.008% | $8.5M | $50.5M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 324.12 | −0.015% | $1.9M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 323.91 | −0.080% | $1.6M | $6.7M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 324.10 | −0.022% | $1.8M | $3.9M | 20x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 324.13 | −0.011% | $211K | $295K | — | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 323.30 | −0.269% | $375 | $207K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 324.12 | −0.015% | $1K | $2.7M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 323.72 | −0.139% | $18K | $17K | 20x | 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
HTX ARM-USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ARM_USDT | +0.0008% | 8h | 323.87 | −0.093% | $1.5M | $4.3M | 50x | as long as short |
| BloFin ARM-USDT | +0.0012% | 8h | 323.24 | −0.287% | $126K | $49K | 20x | as long as short |
| QFEX ARM-USD | +0.0014% | 1h | 323.75 | −0.130% | $1.1M | $3.8M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 323.56 | −0.188% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 323.77 | −0.123% | — | — | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0050% | 1h | 324.03 | −0.043% | $8.1M | $8.8M | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 323.73 | −0.136% | $375K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 323.10 | −0.330% | $190K | $412K | 10x | as long as short |
| Phoenix ARM | +0.0123% | 1h | 323.45 | −0.222% | $5K | $446K | 10x | as long as short |
| Coinbase International ARM-PERP-INTXshort | +0.0128% | 1h | 324.44 | +0.083% | $95K | $306K | 10x | |
| Injective ARM/USDC PERP | +0.0220% | 1h | 330.24 | +1.872% | $5K | $50K | 12x | as long as short |
| KuCoin ARMUSDTMlong | +0.0233% | 8h | 324.17 | long leg | $2.3M | $119K | 20x | |
| Deribit ARM_USDC-PERPETUAL | +0.0244% | 1h | 323.89 | −0.086% | $12K | $59K | 10x | as long as short |
| edgeX ARMUSDC | +0.0776% | 4h | 323.16 | −0.311% | $34K | $350K | 10x | as long as short |
Gate ARM_USDT
BloFin 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
Injective ARM/USDC PERP
Deribit ARM_USDC-PERPETUAL
edgeX ARMUSDC