Funding you earn now, next payment 04:00 UTC−0.0185%/8h= −20.2% APRpaid last 24h −0.171%
Price spread now: edgeX against KuCoin−0.043%53s7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$264as 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−$2322.321% of the position
Funding, last 7 days−0.320%−$32 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now −0.043%, 7d avg −0.006%
=Together, before fees−0.366%+ Points / potential airdropedgeX: Active · farm board−$37 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and edgeX is 0.037% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.006%). Swap the legs. The two prices were read 53 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 | 329.04 | 0.0651 | pay 0.0651% / 8h | 5h 30m | $2.4M | $119K | 20x |
| Short | edgeX ARMUSDC | 328.90 | 0.0466 | get 0.0233% / 4h | 1h 30m | $35K | $347K | 10x |
KuCoin ARMUSDTM
edgeX ARMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$38.82
- Price spread: −0.043% → −0.006%
- −$3.71
- Slippage, 4 orders
- −$211.1
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$274.63
- Costs to cover
- 2.321%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; edgeX: live order book, 33 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, 6 min ago | 6.99 bp | 87.8 bp −$88 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 33 min ago | 1.68 bp | 6.8 bp −$7 | 94.7 bp −$947 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International ARM-PERP-INTX | −0.0008% | 1h | 328.97 | −0.021% | $101K | $292K | 10x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 328.97 | −0.021% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 329.11 | +0.021% | $2.0M | $2.2M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 329.17 | +0.040% | $1.7M | $6.7M | 20x | as long as short |
| GRVT ARM_USDT_Perp | 0.0000% | 8h | 328.98 | −0.018% | $470 | $187K | 10x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 328.82 | −0.067% | $845 | $2.7M | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 328.58 | −0.140% | $18K | $16K | 20x | as long as short |
| QFEX ARM-USD | +0.0011% | 1h | 328.88 | −0.049% | $1.1M | $4.3M | 10x | as long as short |
| BloFin ARM-USDT | +0.0023% | 8h | 328.88 | −0.049% | $128K | $48K | 20x | as long as short |
| Variational Omni ARM | +0.0028% | 8h | 328.97 | −0.020% | $214K | $320K | — | as long as short |
Coinbase International ARM-PERP-INTX
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
GRVT ARM_USDT_Perp
SunX ARM-USDT
HTX ARM-USDT
QFEX ARM-USD
BloFin ARM-USDT
Variational Omni ARMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARM | +0.0032% | 1h | 328.75 | −0.088% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 329.05 | +0.003% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 329.04 | 0.000% | $381K | $1.3M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 328.91 | −0.040% | $202K | $406K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0094% | 1h | 328.96 | −0.024% | $8.3M | $8.8M | 10x | as long as short |
| Gate ARM_USDT | +0.0114% | 8h | 329.28 | +0.073% | $1.4M | $4.3M | 50x | as long as short |
| Phoenix ARM | +0.0122% | 1h | 328.85 | −0.058% | $5K | $434K | 10x | as long as short |
| Binance ARMUSDT | +0.0133% | 8h | 328.98 | −0.018% | $8.6M | $50.0M | 20x | as long as short |
| Extended ARM-USD | +0.0136% | 1h | 328.83 | −0.065% | $36K | $272K | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 332.09 | +0.927% | $5K | $50K | 12x | as long as short |
| Bitget ARMUSDT | +0.0303% | 8h | 329.07 | +0.009% | $1.8M | $3.8M | 20x | as long as short |
| Deribit ARM_USDC-PERPETUAL | +0.0389% | 1h | 329.01 | −0.009% | $12K | $125K | 10x | as long as short |
| edgeX ARMUSDCshort | +0.0466% | 4h | 328.90 | −0.043% | $35K | $347K | 10x | |
| KuCoin ARMUSDTMlong | +0.0651% | 8h | 329.04 | long leg | $2.4M | $119K | 20x |
Lighter ARM
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
tradeXYZ xyz:ARM
Gate ARM_USDT
Phoenix ARM
Binance ARMUSDT
Extended ARM-USD
Injective ARM/USDC PERP
Bitget ARMUSDT
Deribit ARM_USDC-PERPETUAL