Funding you earn now, next payment 23:00 UTC−0.0292%/8h= −32.0% APRpaid last 24h −0.016%
Price spread now: Extended against KuCoin−0.120%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$338as in the Funding arb table
Net, price: spread back to 7d avg − costs−$331as in the Price arb table
costs, in and out, $10k−$3203.196% of the position
Funding, last 7 days−0.185%−$19 on $10k
+Price spread, last 4 days (all we have)+0.277%+$28 · spread now −0.120%, 7d avg −0.007%
=Together, before fees+0.092%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Extended is 0.113% cheaper against KuCoin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.185% in total (about -9.7% a year). A funding rate is set anew for every payment. 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 | 324.96 | 0.0420 | pay 0.0420% / 8h | 1h 07m | $2.3M | $119K | 20x |
| Short | Extended ARM-USD | 324.57 | 0.0128 | get 0.0016% / 1h | 7m 10s | $39K | $188K | 10x |
KuCoin ARMUSDTM
Extended ARM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$61.32
- Price spread: −0.120% → −0.007%
- −$11.26
- Slippage, 4 orders
- −$302.63
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$392.21
- Costs to cover
- 3.196%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Extended: live order book, 9 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 | 3.23 bp | 74.9 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 9 min ago | 3.70 bp | 15.9 bp −$16 | 96.7 bp −$967 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ARM-USDT | −0.0016% | 8h | 324.70 | −0.080% | $123K | $44K | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 324.75 | −0.066% | $7K | $126K | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 324.66 | −0.092% | $2.0M | $2.6M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 324.46 | −0.154% | $1.7M | $6.8M | 20x | as long as short |
| Bitget ARMUSDT | 0.0000% | 8h | 324.49 | −0.145% | $1.8M | $4.2M | 20x | as long as short |
| SunX ARM-USDT | 0.0000% | 8h | 323.98 | −0.302% | $1K | $3.2M | 10x | as long as short |
| Deribit ARM_USDC-PERPETUAL | 0.0000% | 1h | 324.47 | −0.151% | $12K | $145K | 10x | as long as short |
| HTX ARM-USDT | 0.0000% | 8h | 324.79 | −0.052% | $18K | $16K | 20x | as long as short |
| Variational Omni ARM | +0.0007% | 8h | 324.35 | −0.187% | $212K | $523K | — | as long as short |
| Lighter ARM | +0.0032% | 1h | 324.49 | −0.145% | — | — | 10x | as long as short |
BloFin ARM-USDT
Aster ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Bitget ARMUSDT
SunX ARM-USDT
Deribit ARM_USDC-PERPETUAL
HTX ARM-USDT
Variational Omni ARM
Lighter ARMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX ARM-USD | +0.0043% | 1h | 324.32 | −0.197% | $1.1M | $4.7M | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 324.52 | −0.135% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 324.32 | −0.197% | $365K | $1.5M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 324.44 | −0.160% | $215K | $559K | 10x | as long as short |
| Gate ARM_USDT | +0.0059% | 8h | 324.65 | −0.095% | $1.5M | $4.1M | 50x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0088% | 1h | 324.18 | −0.240% | $88K | $301K | 10x | as long as short |
| Extended ARM-USDshort | +0.0128% | 1h | 324.57 | −0.120% | $39K | $188K | 10x | |
| Binance ARMUSDT | +0.0130% | 8h | 324.62 | −0.104% | $8.6M | $51.1M | 20x | as long as short |
| Phoenix ARM | +0.0198% | 1h | 324.79 | −0.052% | $5K | $460K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0209% | 1h | 324.53 | −0.132% | $7.9M | $9.9M | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 327.86 | +0.892% | $5K | $52K | 12x | as long as short |
| GRVT ARM_USDT_Perp | +0.0248% | 8h | 324.81 | −0.047% | $857 | $208K | 10x | as long as short |
| KuCoin ARMUSDTMlong | +0.0420% | 8h | 324.96 | long leg | $2.3M | $119K | 20x | |
| edgeX ARMUSDC | +0.0723% | 4h | 324.38 | −0.178% | $34K | $349K | 10x | as long as short |
QFEX ARM-USD
Vest ARM-USD-PERP
Polymarket Perps ARM-USD
Ondo Perps ARM-USD.P
Gate ARM_USDT
Coinbase International ARM-PERP-INTX
Binance ARMUSDT
Phoenix ARM
tradeXYZ xyz:ARM
Injective ARM/USDC PERP
GRVT ARM_USDT_Perp
edgeX ARMUSDC